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Buying a UK holiday home!
Hi, I want to buy a house in the UK and turn it in a holiday let cottage. Does anybody have any advice, tips or experience they can share. I have the money sorted to buy the property so this is not an issue. I don't want to generate an income, would be happy for the property to pay for itself. So my question is, what…
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Buying a rundown property
Hi, We are in a good position as our property sold very quickly for near asking price. The vendor is now pushing us to move quickly and apart from a real project we have found nothing to move into. My question is as follows: We could afford to pay £270k for the project property and hold back enough equity from our sale to…
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student renting guarantor?
my girlfriend and i are planning to rent a flat and we were told to pay 195 application fee if we can pay all the rent up front or 245 if we can be guaranteed by someone earning 18k or more. the thing is, although we are students, we get 26k scholarship between us per year, so we shouldnt be needing a guarantee. we can…
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Completing on June 25th - when does first Mortgage payment come out?
As the title really, we are completing our house purchase on June 25th, will a payment come out the same day, if so will it be a full payment, or partial? I know we requested that payments be made on the 1st of each month when we signed up for the mortgage, so will it be July 1st instead?
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FTB need advice on a loft conversion that doesnt have regs
My Girlfriend and I have decided to take the next step in the big wide world and purchase our first house. We think have found "our perfect home" which is listed at £149,950. Key Features: * No chain * Leasehold * Semi detached family home * Lounge * Dining area * Kitchen * Three bedrooms plus loft space * Family bathroom…
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Inside Housing Article on Letting Agents
Hi Letting agents come under scrutiny on fees in Shelter report Campbell Robb tells it like it is and thats what I like to hear! http://www.insidehousing.co.uk/tenancies/shelter-end-letting-agency-fees/6527304.article My opinions
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About to rent ... Help
Hello all! Nice to finally find a forum with people genuinely wanting to help you out! Right here goes... I'm moving to Plymouth with Fianc! (as of last week WOOHOO) and am currently renting in Cardiff, I was worried about the credit check before when we started renting in Cardiff but it went through fine. Now is a bit…
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How much to offer? (first time buyer)
We have seen a house on the market for £295k that we like and looking online it is valued at about £280k. The vendors have seen a property they want to buy so want a quick sale. The property has been on the market for almost a week with several viewings. What should we offer?
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Ending Rental Agreement
I have a rental agreement up to 30th November. Have gone sale agreed on a house and the owners are happy to wait until November to complete. We would prefer to complete sooner but appreciate we are contracted to November. However reading my agreement it states The tenancy will be terminable on 30th Nov..... or by either…
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When should a rental deposit be registered ?
Hi all we have lived in our rental house 4.4 yrs we started on an ast and are now on a periodic tenancy we were served with a section 21 on wednesday and then today i get a letter saying our deposit has been regsitered with a deposit protection scheme the letter is from the company the letting agent have registered it with…
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Holiday Lett
My wife and I own a small holding and decided earlier this year to let part of our house ( annexe ) out as a holiday let. Although the annexe is a separate dwelling it does not have its own individual status with regards to utilities or council tax. We would like to know if there are any tax implications and what would…
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Loft conversion DIY
I own / live in a 1 bed flat and the loft is partly floored and has power allready. I intended to finish the job with stud walling and insulation as needed. I know the Council laws on conversions has been dropped a bit, but wondered if theres any problems that may occur. Theres no structual changes and I also wondered if…
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Buying a property - next door was sold unusually cheap
We are interested in a property and think the price it's being offered at is reasonable compared to other properties in the area (we've looked at Land Registry etc)........except one. Next door sold for about 13% cheaper in April 2012 (it was on the market for about seven months) and it was being marketed via an estate…
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Recent UK law for Estate Agents
Does anyone know of the recent new law that the government has setup that basically means the Estate Agent should be upfront & tell you all the correct details of a property and surrounding region? I saw it on the Daily Mail but cannot find it for the life of me??
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Gloom, mortgage fell through due to surveyors report, retention
Good Morning, Although Despite the sun shinning through the window, have woken up v.depressed.....:( My partner and I were until yesterday close to buying our new home, after 20 years of dreaming. Its a thirty year old property, easily affordable for us and as novice first timers, we have falling in love with it. It's a…
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Advice
I currently own a house which I have just had valued at 135,000.IOwe. 6500 on the mortgage with 7 years running . I'm thinking of renting my house out and have a guaranteed rental of 400 -650 month . I have 30.000 cash in various accounts but only a combined income of 27,000 annual between me and my wife ... We have seen a…
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Would new kitchen make a big difference in price
I need to sell quickly but my kitchen is pretty desperate! Not sure if I should try and sell without doing up or not, how much difference will it make. I don't even know where to start if I do go ahead and would need to borrow the cost, everything would have to be done, floor, ceiling, units, tiling. Also have some other…
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Bit of a rant...
I've just had to deal with the worst letting agent I've ever experienced. First of all I paid £180 in application fees on my new house, Filled out the forms and provided the I.D... so far, so normal. A week later, I call up to check on progress as I've heard nothing from the LA has not contacted me, nor had they contacted…
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mortgage question
Are there any mortgage search websites that would enable me to see what difference length of time in current employment makes to getting a mortgage for a first time buyer? I'm wondering whether being in current job for six months, one year, 3 years, 5 years, 10 years makes a difference ....
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Right to buy bank insisting on buying life insurance through them!
My neighbours are currently going through the right to buy process. They have been told by the bank giving them the mortgage that they must buy thier life insurance to protect the councils position. I can understand the requirement to have life insurance for that purpose but I was under the impression it's illegal for…
