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New build - survey - stupid question?
Hi We're in the process of buying a new build. This may sound like a ridiculous question, but you wouldn't have a survey done on a new house would you? It's not even built yet - well, it's on first level of bricks. Surely if it meets building regs, and it all new then it *should* be fine. Instead of a survey, I'm thinking…
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Bought dream home - now depressed!
My wife and I just bought our dream house. It's the house I've grown up wishing for. The day we first viewed it we just loved it but we thought it was way out of our league. The agent encouraged us to go to the auction, and to our delight, we were the highest bidder. We were ecstatic and were counting down the days till we…
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Taking a house off the market
We have our house up for sale and only want to sell in order to buy one specific house, on which we are proceeding. However some issues have cropped up in the search which may decide us not to buy. In that case we would not want to sell and would want to take our house off the market. How do we stand with the estate agent?…
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What Surveys are required for a leasehold and cash buyer?
What Surveys are required for a leasehold and cash buyer? Full structural or will a building survey be enough ? Do cash buyers also need a home buyer survey ?
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House exchange- new build-how does this work?
As per the title really. We moved around 7 years ago to a new (ish) house (it was around 3 years old) There have been a few new developments popping up all of which offer an exchange where they buy your house and allow you to move. has anyone done this? What's the process and how does it all work? Thanks :)
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How long for seller to respond to enquiries?
Our solicitor sent some enquiries to the seller's solicitor nearly 2 weeks ago now, and we have only had a response to 1 of the 8 enquiries. My solicitor seems to think there is no urgency in chasing these up as "we are still so early on in the process" even though everything else is done and we are ready to exchange. Both…
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Mortgage-free BTL and tax return
Hi all I plan to be mortgage free in 5-6 years and then plan to rent out this house. There is a possibility that that will be my only source of income for a while (realistically £14k renting out 4 rooms) which I will obviously declare on tax return. However, if this is my only source of income, will I still be subject to…
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Deductions from deposit
Hi all, Just after some advise. We are having a bit of a hooray with our previous landlord at the moment. When we moved into the property it was agreed we could have a small dog in the house provided we had the carpets professionally cleaned when we leave. Well we have now left the premises and the day after we left we…
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Does financial advisor search intermediary mortgages only?
I am in the process of buying a house. I am planning to arrange the mortgage early this week (I have an agreement in principle). I spoke to a financial advisor last week and he supplied me with a few of his best deals. None of them match what I was offered from HSBC and Santander. Why didn't he find the deals from HSBC and…
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Student Housing - The dreaded damp. Please help.
Okay so I am really worried that I am going to get in deep **** with my landlord. There is what could be a serious damp issue in my room but it really only seems to be in my room. I have known that mold grew in my room when I put my washing up to dry and I dutifully cleaned it every time. We have no tumble drier and no…
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First time seller - please help
Hello, I am just about to sell my house as I am moving into a different area. Ideally I would like to buy a property in this new area but all my money is tied up in the house so I won't have any deposit until my sale goes through. Do I have to rent for a short period until I receive money from sale (I currently have a…
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Homeward Legal
Hi, I'm currently looking for a solicitor, has anyone had any experience with Homeward Legal? They appear to be online but also have partnerships of other solicitors so that you have somewhere you can drop in. Regards Chris
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Please Please Please Help!
Sorry for the desperate title but right now, it feels like it's required. Long story cut as short as possible, I am in the process of buying a repossession. I am buying with cash (borrowed from a friend) until I can do the place up and get a lower LTV mortgage. I have just opened the contract and letter from solicitor and…
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Tenant issued Section 21 but landlord doesn't have copy of tenancy agreement
A friend of mine has been a tenant for 3 years initially on a 12 months tenancy. His landlord has issued a Section 21 but he refused to move. The landlord is now threatening to take him to court to regain his property. When the landlord initially came down and signed tenancies with my friend he inadvertently left both…
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Dad wants to sell but won't be left with much!
Hi, I'm posting for advice on my dad's situation. He is 57 and has put his house on the market - once he sells he will only be left with £100,000 after mortgage repayments etc, but he doesn't want to stay as he is struggling to keep up the costs of running a 3 bed house alone on a low wage. I'm worried that he won't be…
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Notice not to renew
I'm currently in the process of buying a house so won't be renewing our tenancy when it ends. Our contract states we must give 2 months notice - is there any way around this? I only ask as i'd like an extra month before giving notice, just in case there is an issue with the house purchase. Has anyone got a sample letter I…
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Housing Association
Hi all, I had an offer accepted on the flat recently. Looking for a property, I always excluded ex-local for many reasons, not just out of pure snobbishness but also resale value, etc - I have not been in the UK that long, dont understand this part of the market and want to put my money in a regular privately owned…
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Service Charge doubled than stated - buying a flat
HI all, Im bit upset as im in the process of buying a leasehold flat and i was told at the begining that the service charge is around £600 inc.insurance per year. Now just before the exchange of contracts my solicitor found out that the service charge is actually £1200 plus there is some refurbishment and external repairs…
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Advice needed please.
Would appreciate some advice on my current financial situation and house situation so here goes with the explanation: House I Own: My wife and I bought our first house (terraced 3 bed) in 2006 for £98k. We remortgaged in 2009 to pay for our wedding and have been paying off ever since (currently £94k remaining on mortgage…
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Decorating rental property
So I have found myself a new place and it's now reserved to me pending checks. In the new place there are some pretty vibrant paint colours. After speaking with the tenants when they moved in they had a difference set of strong colours so changed it to the current scheme. They said they won't be making it neutral and have…
