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Screw the old lady and the first time buyer with one dodgy transaction
My wife and I have just been to look at a house which is in need of complete renovation advertised for £230,000. It is overpriced in our opinion for the amount of work required. Anyway, we have friends that live close-by who have since told us that it sold 3 weeks ago (it was never advertised) by an old lady to a builder…
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Do I have to pay the admin fee every time I am renewing my contract?
Hi, I am renting a property through an estate agents and the 12-month contract has now expired. The estate agents are chasing me for an admin payment of about £100.00 to renew for another year. The contract I originally signed does not mention anything about renewal or admin fee for a renewal. I am happy to renew for a…
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Renting: Eviction, Debt and Disrepair advice please..
Hi not sure if this is the right place to post as I am new to the site and am in urgent need of advice. I have been living in a rented house for almost 2 years. The property is in a bad condition. We have recently been issued an Eviction notice for paying rent 2 week late. On the 29th May a letter was sent to our property…
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Memo of sale ?
Accepted an offer last friday , have provided my brokers details and solicitors , have had absolutley nothing on paper regards the offer yet , should i be worried ? More concerning is we had a letter from the EA today confirming our rejected offer for a place we liked , made on monday afternoon !
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Buying home from parents
Hello, I would appreciate some advice. I am thinking of buying my parents' second home from them for the market value, using a 90% mortgage to purchase the house. My parents will have no interest in the house once sold (they have their own family home which they have lived in for over 20 years), but they have offered to…
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Unhelpful estate agents
Hiya, I wondered if anyone could help me with advice on what I should do next? Nearly 3 weeks ago, myself and my husband applied for a rented property. We checked the requirements first, such as we both should earn at least £27,000 a year etc to which everything was fine so we paid the £250 administration fees for the…
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Entitlement
Hi, Looking for some advice please! My partner bought a property last year with an approx 54% deposit. It was bought as 'our' house and we have equally split the bills including the mortgage since we moved in. I am not listed on the mortgage and the reason for this was because buying on his own made him a first time buyer…
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Harassment by Landlord's agent
We moved in to a new property about 7 weeks back. We received a note put through our door on Monday, stating that the rent for last month had not been received, as our bank have not actioned the standing order.. This was hand delivered so they visited our property without notice. This was the first we had heard of it, not…
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Getting 0% credit card to pay Stamp duty
Hi guys, I am buying a house with my girlfriend and we have enough for a 15% deposit (just), we have been accepted on a mortgage (Accord). I just need to pay the stamp duty of £1360 and i don't have the extra cash. Is a 0% purchases credit card the best route. i have already exhausted all 'family loans' for help with the…
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Partner buying into house
Hello, I am looking for any advice one can give me. The scenario is familiar with other posts regarding a partner buying into a house, although I can't quite answer my question. My girlfriend and I will be buying our first house and we are in the fortunate position of being cash buyers but in unequal shares (85%-15%). My…
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Tenant paid deposit to hold flat?
My flat was put with a local estate agent to find a tenant. The EA was informed that even though the existing tenant would be vacating early (31/5), the flat would be ready for occupation by the new tenant today (5/6). EA rang approx. 10 days ago to say that a new tenant had been found, deposit taken & refs were being…
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Buying to rent
Been married 30m years and house is paid off and in husbands name only Coud I buy a house to rent out to boost our income as hubby is retiring soon and I dont work. Also would I be able to sell it in the future without having to pay CGT. Any advice would be appreciated. Thanks
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Landlord wants to take my deposit money...
Hello, I got myself in to a troubled situation. In October I rented a room with no contract, my room rent was of 550 pounds per month, and I paid a deposit of 750 pounds. Last month I had an excellent opportunity to move to a better house with my friends. But to get the house I would have to move by the beginning of this…
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Using a 0% purchases credit csrd for agency fees etc?
Are they accepted as purchases or cash advances, need to know as it's going to get expensive when I have to move out and pay all these really ridiculous fees? Thanks in advance
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Agricultural Occupancy Clause
Hello and thanks in advance for your help, from a Newbie. Please can anyone tell me if an Agricultural Occupancy Clause has, by law, to be included in a Deed of Sale? I ask this in advance of a meeting with CAB next week. We are selling a property that we bought nearly 10 years ago and have just discovered in the National…
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help property valuation options
I am in the process of remortgaging with Virgin One RBS. In order to do this I have to have a new valuation which I totally accept and understand . When I first completed the initial application, I was informed I could choose from 3 valuation options, an online index which was free, a drive by which would cost £60 or an…
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Making an offer- Bidding tactics
After lots of searching we found a house we like this week. It is fairly priced (more expensive than recent local sales, but the London market is still booming). We like the house - and are going to offer. What is the best way to have a decent chance of getting it? Go in high immediately, at asking price, in the hope that…
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Can't Rent out Driveway
I decided to start renting out spaces in my driveway at the end of last year. I haven't been that busy, but hoped it would build over time. I was averaging a couple of cars a month until May, when it was more like a couple a week. I've been adding this little bit extra to my mortgage payments. Unfortunately a neighbour has…
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Consent to Let
Due to being in negative equity, i am looking to let my property out. I have a potential tenant lined up. I've phoned the mortgage lender and they said i could apply for Consent to Let and sent the forms out. When i received the forms one of the criteria that they ask to be met is that rent income covers the mortgage…
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Leasehold property, landlord question.
Hi, We purchased a leasehold property 7 years ago and have been paying a small ground rent to the Compton group since, it never occurred to me that there was any issue but on looking over my title deeds it occurs to me that this company are not mentioned on any documents and the name of the freeholder is that of a well…
