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Letting Agency Charging Admin Fees to Release Deposit
Hi, Not sure if this is the norm or legal but my letting agent is charging us £90 as Finalization Fee to release our deposit. We have never been charged such a fee before by any agent and wanted to know if this is legally allowed. The deposit must only be taken towards any work required on the property rented and is a…
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No viewings, constructive feedback required!!
Hi, I'm just after some advice. My husband and I are selling our first home which is a shared ownership for £77,500 (50%) and expecting to get no less than £70,000. It's been on the market for almost 4 weeks and we've not had a viewing so far. One person arranged a viewing, messed us around a couple of times and haven't…
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selling house advice please
I'm selling my house Its priced at 465 k Its been on the market since for just over 5 weeks , I have had the following viewings: week 1 - 3 viewings Week 2 - 2 (1 cancelled) Week 3 - 1 Week 4 -0 Week 5 - 0 (1 cancelled) I get about 98 people viewing my property each week (according to right move data - and have green…
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Repossession Price Drop
We've just offered and been accepted on a repo asking £160k and made offer of £150k. We sent all proof of our mortgage and paperwork through to estate agents today to firm up the offer. We have a FTB buying our property. However, we've just checked agents website and it seems that today (just after we made our offer) they…
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What is a Lease Enlargement Indemnity Policy?
We have just received some paperwork through on a property we are buying, one of those is the LR official copy of register of title. It states: 1. the freehold land edge red on the plan filed at the registry being .......(address of property) 2. The land in this title was formerly leasehold. Full particulars of the lease…
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Bellway Won't Negotiate...bizarre excuses!
After getting a first part ex offer from bellway, I asked to negotiate and was told 'no'...!! They gave me some bizarre reasons which include; - 1. There is legislation that means we can't reduce our price or offer further incentives - couldn't clarify exactly what legislation though! 2. Giving incentives, or reducing our…
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Completed Today :)
Got a call from my solicitor earlier to say that they have completed :j I can't wait to get decorating.
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Paying council tax on empty rental property
If the property is unoccupied but the tenants are still paying rent as they are still tied into a contract, who is liable for the council tax? Our rental property still has 2 months to run on its agreement but the tenants are moving out. They're happy to carry on paying the rent as they accept they are bound by the tenancy…
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recommend a solicitor in Birmingham
On this house move I'd like to use a solicitor who is local and not the other end of the country. Can anyone suggest a good, Birmingham/Solihull based Solicitor? Thanks in advance!
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Would you sell up & rent?
Bit of background first. Bought house in Aug 05 for £105k mortgage was £75k & 25% was equity loan. House is now worth ~£120-£125k (at a guess) & mortgage balance is currently £63k. Based on £120k I have equity of £27k I am in a high fixed rate until Oct 31st @ 5.6% Now we want & need to move, we have two kids 7 boy & 4…
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Completion in 14 days....seems to easy!
I'm nervous because this FTB process has gone smoothly for us really. I feel like I've forgotten something........ Keys in 2 weeks! Better get packing!
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Comments / Advice on House Purchase
Hi All, Please can you help? I've found a lovely 1930's semi in a great area at an ok price (no chain - it's a deceased estate) but....the mortgage valuation report came back with a suspected subsidence issue near the back bay window. Today I've had the Structural Engineers report stating that the rear bay has suffered…
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what should a letting agency offer?
I rent a house and the agency who manage it never ever come round and check the house or ask me if everything is ok and are there any jobs need doing? is this normal? Dosent seem much of a service to me? Can you complain? Are all agencys like this?
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Oh no! Subsidence
After finally finally finding our dream house, I have just had a call from the surveyor who says there is evidence of cracking front and rear, some of it recent. We have looked and looked at so many houses, and this one seemed perfect. What do I do now. Is subsidence fixable? Is it worth it? In despair :(
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Gifted Deposit Indemnity Insurance
My son has had his offer on a house accepted and his mortgage approved subject to the valuation report. We , his parents, are giving him his 5% deposit (£10,000). He has just been told by his solicitor that he has to pay £180 for an indemnity policy for the gifted deposit. I've never heard of this before. Is this usual…
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Homebuyers Report vs House Purchase Survey / Buildings Reinstatement Valuation
Hello I have had an offer accepted on a house recently. At present I am trying to line up a homebuyer's report, however a few people that I have contacted say they don't have the qualification to do the HBR and instread offered to do a House Purchase Survey, which appears to be more in depth, but doesn't provide a…
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tipping removal men?
Moving day is fast approaching, so I was wondering Is it the done thing to give the removal men a tip (if you think they've done a good job)? if so, how much (roughly)? How? (individual to each, or give the boss something for the crew?). I am stocking up with tea / coffee / cake / biscuits etc etc etc!
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Timescale to applying for a mortgage?
I was hoping that someone might be able to help. My husband and I submitted an application for a mortgage on Monday of this week and yesterday we received a letter from the surveyor telling us that they had been instructed to carry out a survey on the property by the Building Society. The question I wanted to ask is does…
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Bank surveyor- should I still get own survey on top?
I was thinking of using lenders surveyor for a level 2 valuation and wondered any cons in doing that? Or is it best to have the very basic valuation via lenders surveyor then I arrange own surveyor for homebuyers valuation level 2 report?
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Stand duty land tax
I've been sent a form SOC14 from conveyancer and it says if I want them to fill in the paperwork and pay stamp duty I need to fill in the form as authorise them as my tax agent. The conveyancer will charge me £50 plus vat for doing this. Is it hard to do myself? What will it involve? Thanks
