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Shared Ownership
We own 25% of our home purchased from Places for People. We have maintained the mortgage and rent since 2009 with no problems. However, due to issues with the Community Centre across from us, we are desperate to move and have seriously considered handing back the keys to the Mortgage Company. There are other shared…
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Extension called conservatory and no building regulations
Hello, I am wondering if anybody has to deal with the same situation we are in. We are buying a house in Surrey with a single storey extension built in 1985. The extension is a lean to, at the back of the kitchen (but still separated from the kitchen with the original house walls). It has 2 sides made of bricks floor to…
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Buying a property in a flood plain
I've had an offer accepted on a Victorian terraced house. Huge sense of relief and excitement after 23 years of living in flats. The house is near a river (about 150m). I downloaded the flood risk report from the Land Registry and it says the house is in a flood plain. When you look at the map on the Environment Agency…
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Buying???
Hi guys There is a tiny bit of land at the bottom of my garden which my neighbour has said we can buy off him to create a bigger garden for us. He wants £1500 for the peice of land which we are happy to pay and he wants us to pay ours and his solicitors fees. We just wondered is there a lot of paper work involved or can it…
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Getting deposit back?
I am renting a flat off a great landlord, sadly due to a change in circumstances, I am going to have to move. The problem being I need my deposit from this flat to place on the next one. Do you think it is acceptable to ask the landlord to return my deposit prior to moving out?
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Stamp Duty Land Tax
Hello guys, I wanted to ask if first time buyers buying a property worth less than £250,000 is still eligible to pay Stamp Duty Land Tax which takes 1% of the total cost of the property. I look forward to hearing from you!
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Family Buy to Let
Hi, Any thoughts on this? The family want to buy to let. There are 4 of us; one has the 25% deposit and the other 3 will need a mortgage. However two can get a mortgage and the other one is the wife of one of the mortgagees. Therefore the mortgage will be in 2 names although 3 people will be paying it.(this may be drawn up…
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Am I doing the right thing?
I have finally managed to get a small house at a reasonable rent and so far we are very happy. However, the Landlord agreed to a lower rental if we would paint etc. We have done as much as we can (i.e. my 16 year old daughter and I) and are glad the place is turning in to our cosy little home. However, the carpets in the…
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Looking to move so am in commuting distance to London/Essex road
Hi all, Me and my boyfriend are looking to buy our first place together. We need to be able to easily commute into Essex road/central London. We are looking in areas in Hertfordshire as they are cheaper than being near Zone 6. It also needs to be within reasonable driving distance from Frimley (at least in the short term).…
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Buying - unsure if conservatory meets building regs.
Hi, We've seen a house that we're very keen on. There's already some other offers but they've not been accepted, and we can go to the full asking price, so feel we have a good chance of getting it. However I noticed that the kitchen diner is actually made up of a room and a knocked-through conservatory. If a conservatory…
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London house / Flat buyers...
Hi Ya, I'd like to gather opinions from other London house buyers in the market of their buying/ bidding experience. Personally I'm finally stepping in having been saving for a deposit large enough given my freelance work status and age etc to allow me a mortgage for a 2 bed flat. Naturally a 2 bed flat with outdoor space…
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Is there a step by step guide to buying?
Not money saving as such but what happens when? The sticky thread doesnt really cover what im after. We have done the survey which needs a bit of negotiation (not a huge amount) We have received the mortgage through but obviously dont want to be signing this and getting the money until we have a completion date incase it…
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can you let out whilst on benefits
i am my mothers carer and get income support and carers allowance,i am thinking about moving back in with her to make things easier,i own my own flat outright and was thinking of renting it out but since i am on benefits would this be worth the hassle and could i let to other benefit claimants,i currently claim council tax…
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Buy to let or not
I already have a house with a mortgage that I am renting out , plus a holiday home with a BTL mortgage. I am renting currently and have a 140k deposit to buy another house. Do I BTL again or get a normal mortgage interest only ? I earn 50k pa
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how does one calculate the value of roof space?
The company that we set up to manage our converted Victorian house of five flats after we bought the freehold is having major problems with the guy who owns the top floor flat. He carried out all his major structural alterations over the past decade without permission from the Freehold company - in which each leaseholder…
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Being made homeless because of a clause
Northwood are technically making me homeless because of a clause in my land lady's contract with them for guaranteed rent: 15 Circumvention of Contract 15.1 The Landlord shall not enter into any Tenancy Agreement or contractual commitment in respect of the Property with any Sub-Tenant of the Tenant who has occupied the…
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Viewings without Estate Agents
Hi, We've had our house on the market for a few weeks and have our first viewing tomorrow. The EA will not be able to attend at the same time so my husband and I will be showing them around instead. This is the first time we've ever sold a house so we're unsure of the correct etiquette. For example, should we offer a…
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New landlord advice
I got great help on MSE a number of years ago about some financial problems so thought I'd ask for some input again - with a new user name as can't remember login! My partner and I are considering purchasing a flat as a btl investment. We've identified a few areas near us where it looks like we can get 7.5 - 8% yield. We…
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Is it too late to renegotiate after a deal has been agreed?
There is a property that I really like in the town centre (yield over 5%). Its a wonderful 1 bedroom studio with a great view and has a lot of interest from letting agents. Furthermore I wanted this property from the very start but someone had already made an offer when I began looking for buy to let properties. The estate…
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low-cost initiative for first time buyers, scotland, help
not sure if on right board hi was wondering if anyone had any experience of the above, we live in a town covered by Dumfries and Galloway council, we can afford a mortgage of around £72000 and already have about £3000 saved up,however in our area there is not much for sale at this price.we are currently renting privately…
