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Aghhhh....Estate Agents and Stamp Duty
Looked at a property yesterday - marketed as OIEO £250k. We offered £250k which was rejected. EA explained that vendors want £265k. Of course that takes us over the SDLT threshold. The EA said that the £15k difference could be made up of F&F and they have solicitors who can get this sort of deal through. I told EA that…
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Bank account for new freeholders?
I am one of three flatowners who have just purchased the freehold of our property (converted house). We need an account in which to keep monthly contributions for insurance, upkeep, etc. We do not want a busness a/c ... just a free current or savings a/c, preferably with all three names on it. Big banks say we can have…
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Landlord Reference - aka "Bribery"
So we are with a letting agency and have lived and rented in one of their properties for 8 months, we still have a month left and are one step away from securing a house with the same agency again (we looked around but the location is ideal). So after the extortionate sum of £200 each for the application fee (how I regret…
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Do tenants have the right to a copy of the checkout inventory?
Hi, We moved out of our house over a month ago... it has been an ongoing saga (many post on here re this!)... Anyway, as predicted our land'lady' (use the term loosely!) is trying to claim money from our deposit... We are being told by our letting agents that we arent allowed a copy of the check out inventory unless the…
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Scotland, house swap, no money changing hands.
Two families live in two houses, one a two bedroom bungalow with a family of 2 adults and 3 children, the other a 4 bed semi with a couple in their 60's. Both houses are mortgage free. The couple want to downsize and the family want to upsize. Could they just swap houses, obviously employing a solicitor, without any money…
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Getting the deposit back
It's been a while so i'm a bit rusty on this. Do you as a tenant have to physically ask for your deposit to be returned OR should your letting agent have communicated to you within 10 working days of leaving the property/check out being done have contacted you regardless to discuss any parts of the deposit that may be with…
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Can you force a sale of land?
Hi. Hopefully I'll be able to get some help here with what is becoming something quite frustrating. Where I live I have right of access over a piece of land owned by a national food retailer in order to get onto, and off of, my driveway. However, they also own a piece of land approximately 40ft x15ft adjacent to my drive…
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Council tax on derelict property?
This sounds obvious but is there any situation where you would have to pay council tax on a derelict empty property? Say for example you were to get permission to put a mobile home next to it while you do it up. You would then have to pay council tax on the mobile home, but not on the property until its finished and…
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Lease hold advice
Could I please ask some advice on a lease hold? What does the premium mean? If the premium is 150K, does that mean it could be bought out for 150K? It says "In consideration of the Premium of 150K and the annual rent of ......." So could the lease be bought out for that premium at any time?
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Due diligence before buying at auction
I am after some advice on how to do due diligence on a property before buying at auction. I have been getting some quote from different legal firms, I have bought the legal pack and just want a professional to go over it and advise me. Any good suggestions or tips what to look for?
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Deposit
If someone (not me, a friend) hands over a deposit.., and then fails the 'affordability check' shouldn't they get their deposit back? They are being told they can't have their deposit back. I don't know any more details than that.
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New Clause re Rentals
The managing agents of my flat are now saying that for insurance purposes they need to vet new tenancy agreements and that flats can only be let to families or professional couples. Given that flat is 3 bed 3 bath in private block owned by mostly absentee landlords I and others have previously let to professional sharers.…
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Shared title deeds but with buy back option
I'm buying property on a joint title deed. I need to know if a contract can be drawn up where I can I can include a clause stipulating the right to buy his share back at purchase price. Thanks
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House buying advice desperately needed
I have posted a couple of threads on here tonight but feel I need to bring it together into one thread for some advice. We are buying a house where there have been at least 2 failed sales. Before proceeding, we knew that at least one sale had fallen through due to the vendors backing out and we thought that was the issue…
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Buying a house where previous house sales had fallen through
Is the estate agent obliged to tell us why the sales had fallen through?
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Broken Bolier In Rented Property - What To Do???
We signed a 6 month short tenancy lease with a letting agency paying all of our rent in advance for this duration. We have been without hot water since early June. We finally got someone out to inspect the boiler on the 01/07 to discover parts were required. The follow up visit was today and something else is wrong with…
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Advice needed urgently re removal of internal wall
We are about to exchange contracts on a house where an internal wall has been removed (it was an upstairs wall within a Jack and Jill bathroom). So there used to be a corridor in the bathroom and now that has been removed to form a larger bathroom. What is now the main wall to the bathroom runs the length of the house and…
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Should I be able to see contract in advance?
I'm due to move into a new flat next week. The letting agent called to say the credit check had all gone through and asked what date I'd like to sign contract and get keys. At the end of the call I asked if she could e-mail me a copy of the tenancy agreement so I could read it in my own time. The agent flat out refused…
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Help please - Clueless!!
Hi there I'm a newbie, please be kind :j My hubs and I are viewing a new build show home on Saturday morning, very interested in purchasing a house (plot) within this development. We're not sure what the timescale is for this particular plot to be built on (nowhere near ready to build). We're aware that a deposit of £250…
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House purchase/sale mortgate/solicitor issues
Any advice gratefully received! Locale: Oxfordshire, England At the beginning of June 2013 I sold my present house. I shortly thereafter had an offer accepted on a new property. The solicitors who I originally bought my present home with in 2009 were instructed as to both sale & purchase. I have a mortgage with an unnamed…
