-
What's a sensible offer on new build house?
Hello, I'm looking to move in the summer and a new development site by barrett is where i'd like to move. House prices range from 178k to 208k and i'd like some help deciding what's sensible. I read in another forum that an offer 20-22% below asking price is reasonable, but this seems low to me. My budget is around 175 -…
-
Which insurance do I need
Hi all We are going to be renting our house out within the next few weeks (have a couple of people interested in it) but this means that the house will be empty for about a month. Do you know which insurance I will need, do I just get landlord's insurance now and wait for a tenant or do I have to get empty house insurance…
-
Cancelling a Sofa order
Hi all, I need some advice. How do I cancel a sofa order with a sofa company? I talked to the company on speculative basis and they say that only on a manager's agreement would it be cancelled (they emphasised *extreme* cases) and they would charge 30% of the order cost for a cancellation. That would amount to around £500…
-
Residential Management Group Extortion! Please help
Hi there, I live on an estate that RMG 'manages'. I'm actually in a semi-detached property, and although there are flats on the estate, I can't for the life of me work out what RMG do for their £125 per year. Anyway, I last week received a letter from them explaining that I hadn't paid my annual invoice, and that they were…
-
Selling house, confused about garden
Hi, I am bit confused about the garden situation The garden is relatively small 5m x6m approx and is split in to 2 levels and is 2 -3 feet higher than the patio area. The house is on market from Nov 2013 and has had total 9 viewings. We have had 6 viewings since Jan this year and 4 of them said garden was small and 1 of…
-
Extending lease above shop with 72 years left - landlord quoting £30k!
Hi everyone, I live in a 3 bed flat above a shop and want to sell this year (it's valued around £170k and is in the Surrey area). The lease has 72 years left and the landlord is quoting a monstrous £30k to extend the lease. We got a survey done 3 years ago, which quoted around £4k - £7k. Although we'd need to adjust for…
-
Potential Renting Problem
Hi, (I have moved this from the mortgage board) I am hoping someone out there maybe able to help with some information. My son (S) and his girlfriend (L) have applied for a mortgage today and due to L being on a debt management programme for £3000 have obviously been refused. The repayment of the debt is not a problem and…
-
Renting - feeling the pressure...
Heres the short version. Very long term tenancy on a country estate farm cottage. Neighbours been there 40yrs,20yrs and 18yrs I have been here 8yrs. Due to the nature of the estate and housing expected to be here very long term as the houses are held in trust and can’t be sold. Section 21 notice received by everyone In the…
-
Council housing help in west Norfolk
Hi guys please could someone help me out a little. My ex and son moved up to west Norfolk 6 months ago and iv found it very expensive and tiring commuting back and forth two - three times a month so me and my partner have decided to look into moving up there with our child to keep our "family" together. We would like to…
-
Searches did not reveal underpinning
I bought a bungalow in 2007 and we had all the standard searches etc done (nothing extra) and these did not reveal that the property had been underpinned. I recently put the property on the market and have just had a prospective buyer walk away when the searches showed that the bungalow had been underpinned in 1991. I have…
-
Self Build
I wonder if anyone could help me with their experience. I have been looking into Self Build trying to understand it but it seems a bit confusing and wondered if anyone could help me out. In terms of getting a Mortgage is it harder to get from banks as opposed to a normal Mortgage. Also in terms of how the Mortgage works, I…
-
I have £150k cash. Should I buy or rent? House or flat?
I'm 34, single, I've saved up 150k. I feel under pressure to do something with the money. I know it's a hugely personal question, but what would you do in my situation? I've drifted around a lot, but am currently in the middle of a 6 month tenancy in Edinburgh. I have no real ties here. So options are keep renting until I…
-
Land Purchase
Hi Guys, I have today purchased a Land from Auction which has Electrical Sub-Station. The land is freehold and it is subject to further 14 years lease. The electric company pays the rent which is 10 per annum. I have paid £1500 for land and it is based in Rotherham. When the lease expires can I tell electric company to…
-
Buying the Freehold for my House
Hi Not sure if this was the right section to place this post, apologies if it is. I am looking to Purchase the Freehold of my 3 Bed Semi detached House (re payment mortgage) as have been living there now nearly 12 years. I have contacted the Company who own the Freehold who we pay our annual Lease money to and they have…
-
Same potential buyer "introduced" by multiple agencies
Your opinions on the following scenario please? I know it's a legal thing, but I'd just like to see what the consensus is. Mr Seller puts his house on the market with Agent 1 for a few months. During that time, Mr Buyer views the house but doesn't make an offer. Mr Seller later decides to switch to Agent 2, and…
-
Giving notice on rented -advice needed
Evening all. We are soon to exchange and complete on a house purchase (dates TBC). We are currently in rented and the most recent contract was from 30th Jan 2012 to 29th Jan 2013 and was an assured shorthold tenancy agreement. We have not since signed any extension but still live here. Rent is paid on the 1st of each month…
-
First Time Buyer Vent
Hi All, Please forgive my naivety on all this before I begin I am still learning (fast). As the title says we are FTB and thought we had all our ducks in a row. We have our AIP and a Solicitor so thought yip lets getting looking. We never imagined we would find a house as quickly as we did but a little diamond in the rough…
-
How Long do I give my Seller?
I've agreed a purchase on a house; had my offer accepted on 3rd October last year. I am no closer to moving however as my seller is STILL to find an onward purchase. I have no property to sell and am chain free. It is now 19 weeks since we agreed the deal and the property had been on the market for a couple of months when…
-
Wife owns flat. Name on deeds
My wife owns a flat with her sister and me and my wife have our family house in joint names. Should I have my name on the deeds to the flat as well? Also as we declared the flat when we bought our house we are obviously financially viable according to the bank so do you thing we would stand a chance of buying out my…
-
Buying a House - Ivy on the bricks
Hi Guys, Long time no see! Hope you can help! I've been looking at this house: http://www.rightmove.co.uk/property-for-sale/property-44341175.html But I've been looking into whether or not the ivy might be an issue. Google is so divided on the matter and I was wondering what other people's experience is with it. Also what…
