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Letting - Electric Shower Replacement - which trade?
Hi, I'm pretty new to letting, so am still working through the basic questions. In the property I let out, there is an electric shower which runs off the cold mains water supply. When this fails (as they do every few years in my experience), and I replace like for like, bearing in mind safety and liability, who do I get to…
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How do you know what to offer on house?
We are considering making an offer on a secondary 4 bed detached property (3 years old). Property is advertised as offers over £170k but we are struggling with how much to offer as our first offer. What factors should we take into consideration to help us with this decision? Neither ourselves nor the vendor are in a chain.
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My campaign against Rich Dad Seminars
Hi All, First time post, but had to bring something to light that I feel very strongly about. I am sure many of you are aware of the Rich Dad Poor Dad book, but there are also seminars run in conjunction with this. Much like any honey trap, you are invited to attend a free two hour seminar on property investing (provided…
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Ground + Service charge reviews in Lease
Hi, What are the expected ground and service charge reviews in a 99 year lease? The property I am buying is having its lease extended to 99 years by the current owner, our solicitor has reviewed the draft lease but questioned the review period. As it stands it will be reviewed every 5 years but our soliciotr has explained…
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Land Deeds changed without notice
Hello everyone, I purchased a new build house and had lots of problems with the sales team, however just as I had sorted it all out we completed. A week after completion I received my deeds in the post and the land boundaries had changed! The land deeds 'outline' plan does not even have my signature on it anymore. Having…
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Mortgage application - recent credit
Hi all, My husband and I have been offered the opportunity to buy a property without involvement of estate agents (first refusal by neighbours). The property is empty and they are no in a particular hurry to sell. We have the deposit required (10%) and are going to speak with a broker as well as doing some good old…
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Looking to move in to a flat on my own. How much do utilities cost?
Hi all, I was wondering if you would be able to help me. I'm looking into potentially moving in to a 1 bedroom flat in Yorkshire, with a combined living room/Bedroom, separate small kitchen and separate small bathroom. It has electric heating. It is a converted garage, so should probably be treated as though it were a…
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Arrangement outside of exchange of contacts turns sour
Long story cut short: 1. I have bought a property from a divorced couple for whom the sale was a condition of divorce. 2. The conveyance was fraught to say the least. 3. The chain nearly collapsed several times due to last minute hitches around the complex title to the property (old farmhouse that was part of larger plots…
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Leaseholder Charges for Repair works in council block
Hi guys can anyone help with this please. My mum is a 67 year old pensioner who owns her own home in a council block. A few months ago they installed a new lift in the block to which they have billed all the leaseholders approx 7k. Now they have sent a new invoice 2 months later saying they will be doing major repair works…
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How much would you pay?
Simple question. How much would you pay for a good newly referbished 1 bed flat above a quiet shop less than 5 min walk from the tube station in a nice area in west London? 100year lease, £500 total service/ground rent a year.
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Estate Agents - Disclosure of information
-Can I make them tell me about a known problem with a house?- I am looking at buying a 1960's semi, which is rented out by the current owners. A bit of digging has revealed that the owner has tried to sell the property previously (2011, 2013) although Land Registry indicates it last changed hands in 2007. Which makes me…
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Structural surveyor recommendations (London)
Hi everyone, I've just had an offer accepted on a 3 bed cottage in Esher, SW London. I'd like to get a full structural survey on the property - the agent mentioned an issue with cracks on the party wall (possible subsidence) - which they said were rectified in 1999 and there has been no subsequent movement. I'd like to get…
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Amicable Freehold Purchase vs Enfranchisement
Just over 2 years ago, I bought the 2nd flat of a converted house having owned the only other flat for about 8 years. So, I now own 100% of the leases. I wish to buy the freehold from the landlord preferably by an amicable agreement on price. Both flats are worth approximately £750k combined and the leases have 103 yrs…
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Splitting up with partner - what housing can I get!?
After 13 years, me and my partner have split up as of last night. I am currently on contributions based support group ESA, I get MRC and HRM DLA. I have no savings, and am on an IVA due to debts caused by my partner. I also have a cat so will need to find somewhere that takes pets. I was also given an unjust asbo in 2010,…
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How many steps did you take on the property ladder (or where are you now)?
Good Morning, I'm just curious as my wife and I have been discussing this a lot recently. We live comfortably (financially and mostly space wise) in a small 2 bed end of terrace house which we bought as FTB's. We have a 2.5 year old and a 6 month old. Obviously we knew when we would have to move at some point even before…
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Are downsizers difficult sellers?
In my experience, sellers who are downsizers are usually hard game. Usually those people have already paid off mortgages (or very little bit remaining) and are enjoying living in their big houses. They have no hurry to complete a sale - thus very low willingness to negotiate on price. Also, they usually don't have a clue…
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Check in inventory
Is a new tenant entitled to have a copy of the check in inventory, if so, can I charge them for the time and cost of copying the original? Many thanks
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Valuation fee becomes completion fee?
I had an offer accepted on a property last week. I have an agreement in principle from Santander but I am trying to ensure that I am getting the best deal. There is a deal from Halifax, which is £600 cheaper over the fixed rate period. The only problem is that there is a valuation fee where as there is no fee with…
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as landlord have a right to kick out tenants
Hi, my friend got situation and he haven't got idea what to do. He's renting house for family of 4 for 6 months and now his moving out and she is staying with kids at my friends house. She ask him to change the contract just with her name, but he is planning to sell this house later this year. He is worry if he as a…
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Restrictive covenant - want to build a house in my garden!
!!!!!!! Having prepared myself mentally to begin to fight the good fight and attempt to gain planning permission to build a house in my garden, I've discovered that I have a restrictive covenant (RC) stemming from when the land was sold and the original house was built in 1953. I have the original covenance documents and…
