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Landlord / Building insurance on a single BTL
Hello, Can anyone give me some advice on Landlord and Building insurance? Not sure where to start but think its best I start looking now as I will be buying a 1 bed flat in the next month or two. What is covered with both of these when i start my BTL? how much do each of these cost roughly? Thanks in advance for any and…
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RENTING - nightmare situation. help!!!!
Hi Here's a brief intro. I moved down to London last Sep for work. I moved into a property advertised on spareroom.com. I pay my rent to a managing tenant who lives in the property, along with another 2 tenants. There has been a complete breakdown in the relationship with the managing tenant and we all want out of the…
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Bought a barratt home?
Hello, Can anyone who's bought a barratt home recently tell me the name of the kitchen supplier? I'm considering a new home, but want to make the kitchen bigger-the current units are fine, so I'd like to match. Thanks!
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home report
Hi We're looking at a property built circa 2011. Could someone advise whether this will have a home report? Thanks
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How to prepare for a survey?
Hi all like everything else in this process, i am trying to be as organised as possible! what sort of things did you do to prepare for the surveyor coming around on behalf of the buyer? i want to be as accomodating as possible lol. i thought of the following (much like a viewing!); - send the dogs to a relatives for the…
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Is rent prorated at the end of tenancy?
Hello All, I would highly appreciate if someone could give me the correct legal perspective about my situation. My tenancy started, through a letting agent, a couple of years ago on 23rd of the month and the standing order for the rent goes on 15th of every month. I guess in the first month of tenancy the rent was…
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First time buyer, Good areas of London?
Hi All, I've just accepted a job in London and I was looking to get on the property market within the next 6 months, so buying in London seems like a good investment even if I choose to move out in a few years. I'll be a first time buyer looking at 95% mortgage. The job requires that I can travel all over the country 4…
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Pulling out of house sale
Hi, looking for some advice on behalf of my brother They are near the end of purchasing a house and have handed the deposit to the solicitor but today he has recovered some bad new in work that he will be laid off in a few months, him and his partner do not want to continue with home purchase as they won't be able to…
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Help needed 1880s house structural engineer report requested
New on here so I am very sorry if I bypass all rules. Offer accepted on house built in 1880s. Have approval in principle from lender. Lender's valuer has requested Structural Engineer's report regarding structural movement at a rear extension. Heart set on house and not sleeping!...at all. Structural engineer will not be…
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received homebuyers report... what next?
There are some points that MUST be done so we want to ask the seller to reduce the price in order to pay for them. Do I contact the estate agent to make that proposition? Or do I need to discuss with the solicitors first? Please excuse my ignorance, the report on our flat only came back with minor recommendations!
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Can the Coal Board legally exclude liability?
Hi, I'm looking into buying a house however the legal documents state that the owner is prohibited from making any claims for compensation to The Coal Authority for subsidence damage caused to the property. It seems that the property is in a former mining area (west mids) and the coal board sold the land to a developer,…
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Gifted Deposit - Inheritance Tax?
I wonder if someone can help please? We have gifted money to buy our first house by my in laws, however this money has come from the sale of my MIL mothers home, she is in a nursing home now. The issue is, if granny dies, are we liable for inheritance tax?
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Roof Flashing Cost
Recent prolonged rain lead to drop of water leaking on the corner of the my terrace house roof. It does not have any flashing and installing one hopefully should fix this. Any advise on what sort of time and cost am I looking for!
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Property Management Co: Accounting error
Hi Looking for a bit of advice from those of you in the know about property law/leasehold obligations. I am the owner of a leasehold property and recently received a letter from the property management company, notifying us that due to an accounting error on their behalf, they had not charged us the service charge 2/12/12…
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Sellers changing their minds, aargh!
I'm moving into my first house hopefully in the next few weeks, but the process is driving me up the wall. My solicitor has completed all the searches and they're back and we were waiting for a couple of answers from the seller on minor stuff and suddenly I got a phone call that the vendor wanted to complete next week - we…
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Near Exchange and query over access
Evening everyone , I am hoping to exchange this week , but have just had a query regarding access - the driveway on my house goes over a small area of village council green on the way to the house /garage , who would be able to confirm rights to this , a department at the local council ? - house is approx 130 years old ,…
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Potential Repossession of Rented Property
Hi, I'm hoping you lovely people can offer some advice for my partner's son and his girlfriend. The basic facts are as follows: They signed a 12 month initial contract to rent a flat at the end of August 2013 through a letting agent. 15th Feb 2014 they receive a letter from a solicitor acting on behalf of a mortgage lender…
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Splitting property profit
Hello, I received a lump sum as an investment towards the purchase of a property and I wish to draw up a deed of trust to ensure profits are distributed fairly when I come to sell the property. I received £30k towards investment I took out a mortgage of £180k I used £25k towards a deposit The extra 5k of the investment was…
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Last chance to increase deposit?
Hi, The answer to this question is probably really obvious, but I've swamped myself with information about house buying that my mind is like mush! i am currently awaiting my mortgage offer for a 5% deposit mortgage. However, I have now found myself in the position that I can put down a 10% deposit. Is it too late to…
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Tenancy Change - Problems and Worries
Hi everyone This is my first post so please be gentle :) We started renting a property in 2011 initially through a Letting Agent in town. After 12 months, we were due to renew our agreement with them but the Landlord of the property told us he no longer wished to go through the Letting Agent and he was happy to draw up a…
