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What exactly is exchange and completion?
I'm buying my first house. Have received the offer, survey all done, paid solicitor for searches. What exactly is the process now and how long will it take? I understand you exchange then complete, but what does this mean?
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rental deposit - protection scheme
Hi all, im 8 weeks into my rental, and ive not had any details from anyone on where my deposit is protected with, who should supply this, landlard or letting agent ( landlord is doing management side of things, ie if i've a problem i go direct to him, rather than letting agent) i've typed in my surname, deposit amount and…
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Landlord charging for shower silicone replacement
Hi, Sorry if this is in the wrong place (first time poster!), but I'm a little unsure as to whether or not my landlord is unfairly overstepping the mark with some of their claims for repairs. In particular, we (my housemates and I) are being charged with having to replace the shower's silicone sealant due to mould. We've…
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Search results...how much should we be panicking......
Came home today to a huge pack of paper from our solicitors. I don't have a bl***y clue what half of it even means... 1) they mention Chancel Indemnity Insurance? We can pay £14.95 for indemnity cover for us and successors in title as opposed to putting in hand a Chancel Search at a cost of nearer £20? 2) He says he is…
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Exchanged!
Got a call from my solicitor at lunchtime.....I've exchanged on my first home. Still a couple af weeks until completion. I've been reading the advice on this forum avidly for the entire process and have found the topics both usefull and sometimes worrying. Hopefully completion goes without raising any concerns.
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Stirling Law - experiences?
Hi everyone, hope you can help. I'm a first time buyer, very close to exchanging contracts. I chose a conveyancer from the YBS panel which was nearest/cheap, and this is Stirling Law. They've been fine so far. Within the first week I was told that my conveyancer changed from Fiona Gordon to Kerry Sharples, and since then…
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Time to move??
Hi all, I'm at a point where I will have nearly paid of the mortgage on my little mid terrace house and am considering whether I should stay put or look to maybe move to a new property and take out a new mortgage. Any advice anyone? Stay put and save (considering low interest rates) or move up the property ladder?? Am…
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Risk a Halifax CHAPS payment for completion?
Hi I'm after some advice. I'm a first time buyer with very little knowledge of how the system works other than what I've read of here etc and have been very nervously excited throughout the whole thing. I was told last week that the vendor wanted exchange no later than the 7th (this fri) but me being me I heard completion…
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What is a good price for conveyancing?
I am selling an ordinary 3 bed house in the South West of England. Just an average street, no problems with flooding, no nasties for the area in the pipeline etc. I have a buyer and have got a quote for the conveyancing. It seems a bit high to me, £700 plus VAT. The firm are solicitors but have a conveyancing department…
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Barratt Homes
Hi, A friend of mine is looking at buying a house on the the following estate: http://www.barratthomes.co.uk/new-homes/south-gloucestershire/H439401-Hanham-Hall/ Does anybody have any feedback on what Barratt after-sales service is like and also are there anythings that are important to find out about before putting down a…
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Vendor offering weird lease renewal terms
Dear MoneySavingExperts I am offering on a flat with a 78 year old lease. The agent states that the vendor is willing to get the ball rolling on the lease extension then I should take over the process when I purchase. The agent stated it would cost £15,000 to add 90 years however he also said the freeholder said it was…
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Clarifying End of Tenancy Cleaning
Hi, I've got a weird situation to tackle at the moment, would not have thought twice but if the landlord wants to deduct £2 for a light bulb then I have a right to ask about the £160 cleaning charges 1. We were never given a professional clean receipt when we moved in 2. Checkout report says house is in good condition and…
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Should I rent out my flat?
Hello all, My partner and I currently live in a 2 bedroom flat (can just about fit a bed, set of drawers and a wardrobe into the 2nd room it's pretty small). We've both recently started new jobs about an hour's commute away from where we live and are looking to move closer to our work. The flat is a 50% shared ownership…
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Buying and selling-how would you make it better
I've moved 5 times over a period of 20 years and it doesn't feel as if anything has changed for the better. Things still take ages to happen, slow solicitors etc..... If I had my way I think it would be good to have weekly meetings with the whole chain :D that way we could chase each other and push things along and find…
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3 bed terrace for swap Nottingham - swap for Fife, Scotland
Hi, I am looking for a house exchange for my 3 bed terraced in Nottingham for a property in Fife, Scotland. I already have listed the advert on the obvious places (e.g gumtree, fridayads, preloved etc), can anyone else help me out in regards to where to advertise the property? Thanks
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Is this an HMO (House in Multiple Occupation)?
If a 2-bedroom house is rented to a couple and their friend, does that make it an HMO with the legal requirements that brings? I ran the details through an RLA (Residential Landlord Association) wizard and it says it is not an HMO, but according to www.gov.uk/private-renting/houses-in-multiple-occupation it sounds like it…
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Dropped Kerb Indemnity
Hey Everyone We are about to exchange on a house that has a drive way out on the road. This is accessed via a dropped kerb which has apparently been there since the road and house was built about 70 years ago. Every single house on the road has one. This now appears to be a stumbling block. Our solicitor is requesting…
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Homebuyers report- serious problems
My partner and I are FTBs and have recently found our perfect house and had an offer accepted on it. Everything was going smoothly, but we have just received the homebuyers report which has highlighted some problems. The main problem being that the surveyor found there to be rat droppings in the loft/roof area. The only…
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Overlapping tenancies
Hi all. Quick question. We are moving into a new rental on the 24th of June but ending our rental in current property on 30th of June for various reasons. My question is related to the bills like council tax, water , gas and leccy. Are there any issues with being in both properties for the week? I will start all the…
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Aghhhh
Hi all, Following on from my thread a couple of days ago about buyer being super picky over survey the buyer has decided to pull out (not even willing to negotiate.) It's now the third time we have had a sale fall through (though this the first one to get to survey point). House been on market for 10 months, loads of…
