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Is this legally sound?
Hi I've had an unusual offer. To make numbers easier let's say I'm selling my house for £100,000. Someone has said they will take it for £90,000, £10,00 short. We sign the papers and they pay me: * Year 1 = 2,000 * Year 2 = 2,000 * Year 3 = 2,000 * Year 4 = 2,000 * Year 5 = 2,000 * TOTAL = £10,000 They say they will put…
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Share-to-buy and help-to-buy
I am a first time buyer and I have still a lot of things which I am not so sure. I have a couple of questions regarding to the share-to-buy scheme and the help-to-buy scheme. It would be great if you could give me some advice. Here are you go: 1.) If I go for either scheme to buy my first home, is there any time limits…
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re-homebuyers report
Hi guys, my grandson is buying a 2 year old house, on a new estate, which they are still building on. is it worth spending £300 + on a homebuyers report on such a new house? or any survey, other than mortgage companies own? it's still under builders warrantee.
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Blind Auction?
Am I being naive in thinking that Estate Agents were no longer allowed to play one buyer off against the other? Twice in recent weeks I find myself being told that there is another offer on the table for the vendors, after having offered the asking price in full! So, I increase my offer, and am told that I am now in a very…
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FTB - What to say to estate agents who ask my budget?
I'm a first time buyer and when ringing estate agents, many of them take my details to send me similar properties. I'm happy for them to do this as although I'm primarily using Rightmove, I may find out about properties sooner this way. However, in order to know what properties they should send me they have to ask what my…
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Deposit Issue
Hi There,I'm helping my friend to ask a question here, hope someone can genously shed some lights! My friend Dr. L owns a take away resturant in Manchester.One year ago, she sold it with 25 years lease to a trading company(yes, it registered as a trading company!)through an agent, for that she paid 4000 pounds to the…
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Is it rude to ask landlord if we can pay for new carpets to be fitted?
There's nothing wrong with the ones we have it just doesn't go with much, he has recently just bought the house and we moved in not long after and it was bought with these carpets already in. Don't want to sound rude. Thanks
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Gift from parents to help buy - Declaration of Solvency & Insurance Policy required??
Hi, Looking for advise please... I have had an offer accepted on a house at £130k. Everything is going through fine, to achieve this I am gaining £25k as a 'gift' from my parents to help me as deposit money. This is no strings, non repayable to them. Our solicitor is requesting we pay £50+VAT to complete a Declaration of…
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Splitting cost in share of freehold
Hi all I share the freehold with the flat above and unfortunately thereare some damp issues. The tiling on the roof was a bit dodgy so the otherfreeholder had to get someone in to fix it which was relatively cheap. This issue has caused a large damp issue on the internalwalls meaning the ceiling will have to be repainted…
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Sale has fallen through :-(
Not a question, just need to vent! We were at the point where my buyer was pushing for exchange and we were just waiting for final replies on my purchase, and I've just had an e-mail from my agents to say that my buyer's mortgage offer has been withdrawn on final checks as he has got himself into debt since getting the…
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Dry Rot Property Value
We will be putting our house on the market but discovered dry rot in the corner of the front room just before Christmas; the remains of a fruiting body hidden behind an old curtain. It has since been extensively treated (removing sections of the ceiling downstairs and removing half a dozen floorboards upstairs), drilling…
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Fence Problem Neighbour
I have a ground floor flat in a large converted house built in 1904. The house was converted into 4 separate flats many years ago, and the very large garden was divided into 4 separate gardens by fencing. My flat is the right hand bottom side of the house (as you look at it from the street), and I reach my garden through…
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Selling at Auction or Rent out Property
Dear All, I am in the process of looking to sell my flat pretty quickly on the outskirts of London. I was wondering if anyone have made any use of auctions and how succesful they are? Or has anyone have any experience of taking equity out of my flat eg 150k to buy another property and how this would work? Thanks in advance…
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Help to buy 2 gov
My daughter is NOT a first time buyer. She wants to buy a new build with the Gov help to buy phase2. She wants a 4 bed house with Barrett's, the next new build phase for the house she wants with Barrett will not be ready till summer 2015. Yes 2015. My question is she will put a £500 deposit down on the plot in September…
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Joint buyers: How do we best make a legal document about shares owned
I've bought a BTL flat together with my sister. I've put up 25% of the deposit, she put in 75%, so, these are the shares we we have in the property. We mentioned it to the solicitor, but as far as I can see there is no record of who owns how much of the flat in any of the legal documents. How would we best go about drawing…
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Loft conversion or buy a BTL property
Hi all, We have about £60k cash with us. We are a couple with a 5yr old. In the next 2-3 yrs, we plan to have another child. Ours is a 3bed semi with good sized bedrooms(the third bedroom can have a double bed squeezed into it) in Beckenham, Greater London. It is comfortable for our needs now. I am a thorough MSE. My…
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Need help with a property I viewed.....
Good morning, just wondering if i can pick everyones brains.... I am in the market for a 3 bedroom property (first time buyer) and we have seen one property over the weekend (2nd viewing). We really like it but had 2 issues needed some help with.. 1. There are quite alot of cracks in the master bedroom ceiling and going…
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insane amount of clutter !
weve just moved from our house after three years there, just three years and the amount of stuff ive chucked out or given to charity shop is ridiculous why do we collect or buy so much stuff we dont need and never use my partner dint want to dump all the cds but we dont even look at them, let alone play them, gave them to…
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Estate agents soon to charge fees to buyers now
Don't know how many people have seen this, but the Guardian is saying in this article that some estate agents are now charging fees to house buyers. As if buyers didn't have enough to worry about!
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Moving out questions (private rent+EA)
We are looking to move out of our rented property within the next few months and have a few things that Im not too clear on so wondering if anyone can help. Our EA has recently changed their company details, name, bank account etc. Ive not signed a tenancy agreement since the original 3.5 years ago. They say there could be…
