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Lender wants proof of deposit
We are currently in the process of a full application. Our lender has asked for proof of deposit. We need £10,500 for deposit but we only have £10,000 in our savings at the moment. We have a standing order for £1,500 set up for the end of each month so will our lender take this into account as they will see that at the end…
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Advice needed.
Hello, Wondering if anyone who knows more about buying houses than me (I'm a first time buyer) could offer any advice. Basically we've been massively messed around by the solicitors, estate agents and pretty much everyone else involved in the purchase and are already 2 weeks behind when we should have been moving in. This…
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Advice sought, survey found few issues
Hi, long time lurker, first time poster. In the process of selling & buying a 1930's semi I've just had Homebuyers report back and wondered if those in the know think it is worth negotiating on price based on a few level 3 'Defects that are serious and/or need to be repaired, replaced or investigated urgently.' *The…
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Buy near a cemetery?
Hi all I'm looking at investment flats (want to build a little nest egg over next 5-8 years!), there are some nice period 1/2-bed flats in East London, on decent residential roads. BUT...they're in an area with 2 cemeteries: so the cemetery is never far away, and some back onto it. Do you think over time you're gonna get…
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House adjacent to dual carriageway
The house got a side extension. Then a brick wall 3 ft away (boundary of property) and then dual carriageway just after 3-4 ft grass verge.! I am fully aware of noise and pollution. But will there be vibration when large lorries go past? The road has 40 MPH limit.! This is something probably I can't test unless start…
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Claiming back renewal application fees
Hi I heard we can do this. We moved into rented flat August 2012 & paid an application for 6 months. In feb 2013 they pestered us for the same fee but halved to renew (we went for 12 month with break option, so we could cancel anytimf & LL gives us 2or3 month notice) We were due to renew last month but ignored their…
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eviction mid rent term
Simple question: can you be evicted mid rent term? Eg your term is the first of the month for a calendar month can you be evixted on the fiftenith if all notice periods etc are given? Hiw would you cahrge for that? At a daily rate?
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Can rent be withheld due to faults in property?
I have a friend who is renting privately, and is has having difficulties with the letting agent/landlord. 6 weeks ago the LA requested a routine inspection of the property. My friend pointed out that there were the following problems: 1. The heater in the bathroom is not working - it's the only source of heat. 2. Wooden WC…
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Generator problems
Hi, my daughter and i live in a basement flat, with a separate entrance to the six flats above us. In September 2013, there was a fire in the hallway of the flats above us , which is being treated as arson and murder, as my friend and work colleague , who lived in top flat, sadly died ( police found evidence of an…
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The six month rule
Hi all, Me and my husband have had a real uphill battle in the last year trying to buy a family home for us and our two young boys. We are onto our fourth (and hopefully final) property. None of the prior purchases fell through due to us so we're feeling more than a little weary of it all. To make matters worse we decided…
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validity of lease extension notice
Hi I have a question about validity of a Section 42 notice. I bought a flat at auction from the administrators of a bankrupt company. The administrators served a Section 42 notice before completion so that it could be transferred to me to continue the lease extension process. So far, so good. The freeholder is now…
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OMG - Would you buy this?
I'm not completely sure they understood the book on staging.... http://www.expressandstar.com/picture-galleries/news-pictures/2014/02/28/is-this-the-messiest-house-up-for-sale/house7/ How many could see past the mess and go for it?
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Valuation options
Hi, Bit if background on this one, in 2010 a family member of my partner asked us if we were interested in buying her house - we were and had it valued at £130k. Unfortunately we couldn't get a mortgage at the time as I was fairly newly self employed. We now have a deposit and AIP and are actively looking for a house and…
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Advice for buying a property with parent
Hello, I would be very appreciative of any advice from the forum on purchase of a property, probably, jointly with my parents but maybe parents alone for the purpose of providing rental income for my parents. I own a flat and my parents' house is almost mortgage free. They live in NW London suburbs, I live in East London…
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When do I declare to Tax Man
Hi, I bought a flat, which I now rent out, in November 2013. Can you tell me when I need to fill in a self assessment for the tax man? Is it before 5th April 2014 or in the following tax year? Thanks.
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End Of Tenancy - Problems??
I've recently ended my tenancy with my landlord and have moved out. I vacated but I'm still having a few problems with my deposit returning. One problem is the end of tenancy cleaning. The people I used were awful and did not clean the house at all how I asked them to, including leaving the oven in a terrible state. The…
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Negotiating our buyers offer?
We have a buyer interested in our property, they have made 2 offers, the 2nd offer is still £6500 less than our absolute minimum of what myself and my wife have agreed to sell our place (we have not made any money on it in the 5 years we have been here and are just looking to get back what we paid, we have spent…
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New build purchase- using developer's recommended solicitors?
Hi everyone, My partner and I have just reserved a new build plot. We have been recommended a local solicitors firm and told that most buyers on the site have used them. The developer uses their own in-house legal team. The developer's sales consultant told us that they speak with the firm daily and they are familiar with…
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Abbey mortgages decisions
Hi, Our application was sent at the end of last week to Abbey by our mortgage adviser. Some documents did not get transferred across properly and were resend at the beginning of this week we haven't heard anymore since. Does any idea how long it normally takes to get a decision from them? And at what point if there will be…
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New Build Buyer - Major Issues
Hi All, first post ... I am one of a entire estate of residents who bought from a large Uk house builder and have had major problems, several (<5) years of cold houses, wasting heat and risk to children (childs bedroom unable to retain heat). Scale of problem so far; •All windows and doors being replaced, incorrectly…
