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House Buying Vs Pension
Hi Guys, Wondered what you all think. We have some money (probably about 1/2 of what we'd need for a deposit on the new help to buy scheme, I'm sure we could ask generous relatives to help us with the rest) saved in a pension scheme through my husband's PREVIOUS company. We're really struggling to afford to get on the…
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Dispute with letting agent
Hi, hoping someone can offer advice on the following:- I was in a tenancy agreement with a letting agent from 12th April 2012 until 11th May 2013. Upon the start date i had released £395.00 of my funds to be held (by Lettings Protection Service Scotland) as a security deposit. Following the end of tenancy inspection i…
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I presume I don't have a leg to stand on
Hi all, When I bought my house 4 years ago I had a standard mortgage valuation conducted. Initially it came back slightly short of what we had agreed to pay but a 2nd valuation valued the house at the agreed price, the valuation included advice to get the wall ties renewed. After we moved into the house some of the…
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Landlord Quoting Three weeks to fix boiler
Can anyone help with a query? My daughter rents a house in which the hot water and heating boiler failed on Monday last. The plumber called yesterday, investigated and then went away. The landlord called her this morning to say that the part required isn't available for three weeks so she'll have to manage without hot…
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To pay or not to pay off mortgage if wish to buy another property
We have a property at the moment and have the ability to pay off the mortgage. We wish to move in the future, but have not decided whether to sell or rent the current property. We have cash for a deposit. The question is: are you looked on more favourably by a lender if you are paying a current mortgage or if you own a…
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part-buy house from landlord
Hi Is it possible to structure a deal to buy a share of a house from my landlord? How would stamp duty be sorted? Thankyou
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Selling home, buying cheaper, Capital Gains Tax
If parents were selling their home (mortgage free) and buying a cheaper one, and wished to gift all the profit monies to their adult child to put down a large deposit on their new home, would CGT have to be paid? Thanks in advance.
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Can u own a visitors parking space
The house we are buying has only one parking space. The space next to it is apparently a visitors space but is owned by our neighbours apparently. So that have 3 parking spaces in total. The visitors car parking space is right outside our kitchen window. So, I thought you could not own a visitors parking space? Obviously…
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Surveyor for 13 yo development house: Mine, banks or EAs?
Hi, I need to arrange a surveyor for above. EA has pushed theirs. EA acting for seller so using anyone recommended by EA seems silly. Mortgage bank is charging me a valuation fee of 330. I believe I can up this to a Home Buyers report for an extra 200 odd. I could arrange my own surveyor for ~500-600??? Which option is…
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Sale completed
:j:j:j:j House put on market 17th April. Sale completed yesterday, 12th June. So happy. Had to share. I want to add though, that although we had priced to sell, and made the house nice, above all we were incredibly lucky. Our friends' Mum was looking for investment properties, offered us the asking price the day she saw…
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Help, Landlord wants nearly all my deposit
Hi there, some advice would be great here. My old landlord has claimed that i left the my last 1 bedroom flat in a unacceptable state, they have charged me for all sorts. £12 for a lightbuilb, £80 for the report telling me how bad the place was, £120 for removing a bag of shopping i forgot, and the professional cleaning of…
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How do you cost an extension?
I'm hopefully completing in two weeks, and I want to double the width of my kitchen, it runs along the back left of the house and there is land at the side. I thought about continuing the extension to nearer the front of the house to make a utility and maybe study. It won't be that big but have no idea what is a good quote…
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What dates to enter for S21B notice?
Hi I am looking for advice on filling in a s21b eviction notice for my tenant. My tenants are coming to the end of their fixed term on 25th of Aug. It began on 26th Aug last year. the rent is paid one month in advance on the 5th of every month. My question is what dates must I enter. Is it the contract dates or when rent…
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Cost for a deed of covenant and notice of assignment
Hi everyone, I am near to exchange on a property I am purchasing. It is a freehold property on a development where a management company is currently in place, and as such I must pay an annual service charge. It has come to my attention that the management company charge £130 plus vat for dealing with a deed of covenant and…
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anyone done this?
Hi everyone I'm currently going through the process buying a chain free house.I'm going to rent my current property out and i've found a number of decent interested would be tennants.The house i'm buying to live in is from an elderly couple who are going to be moving in with their daughter.So as not to lose out on a…
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Buying a HMO
Hello We are currently looking to move house and have found something we like online. Before we go and look at it I'm hoping someone might be able to give me some advice! The house is currently a HMO, it's in really good nick but we would want it as a family home. If we ever got to the stage of making an offer can you…
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Urgent!! Builder - to remove a load bearing wall
Hi all, I am in a tricky situation. I am desperately looking for someone to remove a load bearing wall in my house. My bathroom fitter said he has a team and he can get someone to install steel and remove the wall for me. I am not very confident of this approach really Another option I have is a builder I found via…
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Title deeds
Hi ....have a house with joint names with my mum...now want to remove mum from deeds and she wants to gift it to me...she is 75 and no money will be paid to her...what are tax implications if any and what I I need to do...help ??
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Buy to Let and Stamp Duty
Hi, I have been lucky enough to build up a desposit of £150k from savings and inheritance. I currently rent a flat, and I'm looking to start a buy-to-let to generate some extra income. I understand from my research that the best buy to let interest rates are around the 40 / 50% deposit mark. With consideration to buying…
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Can i take down neighbours fence?
Hi, I hope i am clear in my question and asking for assistance! So... boundary lines and fences and what to do. We live in a maisonette downstairs has rear garden, we (upstairs) have front garden and some rear access for washing line. Downstairs has a five foot fence with concrete posts for there garden and is two feet…