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Extending leasehold - 3 bed comparators for 2 bed flat?
We need to extend the leasehold on our 2-bed flat. Unfortunately it's well under 80 years, so marriage value applies and it'll be costly :( We've paid for a surveyor's report, and it's come back with a valuation of our flat much higher than we thought it would be. Which in turn means the cost of the lease extension will be…
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cooker faulty in rental house
we moved into our rented house 2 months ago. on sunday the cooker just died when it was on (dual fuel, electric oven gas hob). the gas works fine but no electrics. the socket on the wall doesn't light up and the trip switch didn't blow so either a faulty socket or cooker. I reported it to the agent first thing yesterday at…
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Unreasonable purchaser can we do anything?
We are in a chain of 5 houses all of whom are ready to complete on 16th December...however spanner in the works today ..our buyers buyer has decided that she wants the price of the house she is buying reduced. She already got a heavy discount because their first buyer fell through. The reason she wants a reduction is to…
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Tenancy In Common - Probate
My wife and I are intending to change our ownership of our property from joint tenants to 50/50 ownership as tenants in common, I am aware of the necessary procedure regarding notices of severence and Land Registry form SEV. We also intend to renew our wills to include a Protective Property Trust with both of us leaving…
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Small Claims - when to start?
Current situation: Tenant owes around £2,000 in rent arrears, issued the S21 a couple of months ago and will expiry just before Christmas, 100% sure its valid. They have no intention of leaving so will probably have to get a possession order and bailiffs etc. Very much doubt the courts will grant possession this year with…
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query
hello, we sold our house in May 2013, a decent sum of money was witheld pending production of 2 documents. this has been done, way back in July, since then the purchasers solicitor is not replying to my solicitor at all, what can we do?
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1st Time Buyer
I'm currently living at home with my folks, but a house has come up for sale in our street that is of interest. It is a 2-double bedroom victorian style stone build house and the previous owners were an elderly couple, one of whom sadly passed away and the other is now in care. They don't appear to have spent a penny on…
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New build - hot water?
Afternoon, I moved into a new build in May (HA) and the hot water tap over the bath is rubbish! I've taken the temperature and at it's hottest it reaches 40 degrees c. That's ok for my little one, but no good for me. I mentioned it to the snag people (yeah, I know that's not the technical term!) and they said it was set at…
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Surveyors valuation low
Just after some advice please. We are currently selling our house and accepted an offer of £124950. It has been valued by the buyers surveyor at £115000!! As it turns out the buyer is using the same mortgage company as we already have who valued it 12months ago at £125000. In the area house prices have not fallen and an…
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House Buying
When it comes to house buying where do i start ? I do not have a full-time job rite now. But i would like to know how much i could spend per month on a house when i do go full time. I would like to spend 300 - 400 per month on a mortgage. Is it possible to get mortgage advise from a bank before i have the money to go…
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NO DSS: is it technically illegal
We are selling our house and going into rented as we need more space and we cannot get a mortgage. Anyway, we are struggling to find a 4 bedroomed house as they are too expensive and as a bit of a laugh I did the calculator on our councils website to see if we would be able to get Housing benefit. I wasn't expecting to…
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Selling house to family member - gift it back?
This might sound like an odd question, but if I sell my house to my (for example) mum - at market value, can she 'give' it back to me in the short term? Any difference if the house is sold to a sibling, and then given back? I know this is a weird question - but assume its hypothetical. What are the implications of this?
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How long does it take to exchange contracts?
We have 6 in our chain. I have been told this morning (about 10am) that every single person is ready. All the paperwork is in and complete. So if this is the case when will the contracts be exchanged and how long does the exchanging take? For example if everybody were all ready by this morning would the exchange be…
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My flat is on a website to let.....yet it is *not* to let!
Hi all, So I received a call from my old estate agent asking if my flat was back on the market. I replied that it was not......and I asked why. While browsing another estate agents website they saw my flat! To let! It's using old photos from a couple of years ago but it's defo my flat. I've never heard or used the estate…
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Book survey or wait until we have mortgage offer?
So we had offer accepted Thursday- now Tuesday. I am wait for a letter from my employment for my financial advisor who can then submit the full application to mortgage lender. We have an agreement in principle already. Should I order my home buyers survey now? Or could I potentially be wasting that money in case mortgage…
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Declaration(s) of trust
Hi, As briefly as possible - my boyfriend and I are about to buy our first flat. Except, legally - I'm not. For various financial reasons, such as his family stumping up most of the cash, it's going to be solely in his name. However our actual incomes are broadly similar, so we will be splitting all costs of the mortgages,…
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New home delayed!
We are buying a new build and was given the official letter on Friday saying that our property will be ready on the 20th December 2013. As we are currently renting we had to give one months notice to vacate our rented house. To confirm this would be the completion date I phoned the developer and she advised if you have…
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Is this Section 21 valid?
Received a Section 21 on the 03/12/13. Asked to leave after 30th Jan. Should we not get two months notice?
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Weekday lodger, reduction for less nights?
Hi All I am looking into renting a room to a weekday lodger. I have had a few enquiries and one person has asked me if I would be prepared to reduce the rate when she is on holiday. Also, I have been asked if the room is only used say 3 nights a week rather than 4 would I be prepared to reduce the rate. There are very much…
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what to do landlord hasnt protected my deposit
Hi im leaving my rented property 21st dec my landlord has not put my deposit in a protection scheme. Im worried now he wont give me my deposit back and just pick at silly things. All his carpets are clean ive stripped wallpaper and painted house back to magnolia its clean. Reason why im leaving is because he refuses to…
