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Should I Sell or Rent?
Hi, I am thinking of selling one of the two properties that I own in order to pay the other one off. There has been enough equity built up to allow me to clear the mortgage of the home that I intend to live in. I am really not sure on whether to rent it out again as I have done previously or whether to sell and become…
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Should I get a 5 or 10 years fixed mortgage?
Hi guys - I am a FTB and hopefully looking to buy a house real soon. I am in a good position and have a decent deposit - I obviously want to take advantage of the low interest rates so want a fixed deal. The question is, should I go for the 5 year deal or would it be better to pay a little more (about £20-30 a month in my…
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Npower (gas only) and deemed contract
Bought a run down property a year ago and did not tell npower! Anyway I havent used any gas whatsoever. As a matter of fact the previous owner put 1 unit more on the reading. 14 months down the line I have received a bill for £195 for gas consumption - majority of it is just standing charges based on a 'deemed contract' My…
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Anyone ever sacked an Estate Agent?
...and if so, how do you go about it? I've been on here recently posting questions re a failing house sale. Basically: 1. Valued at 150k as 4 bed maisonette 2. Buyers sols don't think it's a 4 bed due to loft conversion being done in 60s & re-building regs 3. Indemnity insurance in place to cover 4. EA changed marketing…
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Bought a non standard build house?
I have bought a 1930s semi, looks normal from the outside. My survey states brick built. I just discovered that although the ground floor walls are normal brick construction the entire upper floor inside and out is made from huge prefabricated concrete panels. Exterior walls are doubled up with an air gap and the interior…
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Boundaries
We've just moved, and can see a fence problem looming soon. We've got our deeds but it's an old property and they aren't clear. We're at the end of a terrace of 8 houses, our house is #16, and the boundaries of all the properties are enclosed. We know for definite that we own and are responsible for the wall at the side of…
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DPS dispute not going anywhere
I've submitted the correct disputed amount in DPS and it keeps being rejected. The landlord wants the whole deposit disputed or for me to just give them the amount they want. I assume that the courts are the only option now? Any advice is appreciated.
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Giving notice on tenancy, can you give more than one month?
HI all, we are currently renting & we are in a statutory periodic tenancy with one months notice. We are renovating our house & want everything done before moving in. My question is although it is customary to give one month's notice on or around your rental date is it ok to give say 1.5 month's notice? That way we give…
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Advice needed - selling up to rent while in iva
Hi all We are 26yr old married couple with one child. We have an iva and come November will be in a situation that after a valuation of our property we will either need to remortgage to release funds or stay put and pay an extra year on the iva. There is profit in our flat so Remortgaging In this flat really isn't an…
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re: new letting, bad letting agent
after putting a holiding deposit down. I have been told my credit rating is not good enough for the landlord to proceed. however after talking to the landlord, they say if i pay double the agreed security deposit, then i can have the property. as i can't afford 4.5k to move in (3k sd), i'll not be getting my holding…
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Landlord claiming on deposit for cooking smell
Hello everyone, I just moved out of a rental 2 weeks ago and today I have been given the move out report done personally by the landlord. In it he says there is a very strong cooking odour/smell and that he requested a quote for a deep clean of the whole house. The cleaning cost is £400. The deposit was £600. I think it is…
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Rentify or upad - or any other recommended tenant finding sites?
Hi I am a first time landlord hoping to find my own tenant. I am just trying to find the best option with regards to costs and reliability of tenant. Also, does anyone know what is a reasonable amount to expect a tenant to pay out for references etc.? Thank you.
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Putting in an offer in person with E/Agents
Hi - I am putting in an offer for a house with a well known Estate Agent. A day after my bid was accepted, I have been told of another person who has yet to view the property but has told them they are willing to pay the asking price for the house should they like it. This is convenient for the Estate Agents as my offer is…
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Mortgage valuation substantially lower than agreed price. Next steps, please help!
Hi All, FTB here. House on market for: £174950 Agreed Sale Price: 167,000 Mortgage Survey Valuation: £155,000 (with 5k retention on mortgage) We are getting a 90% LTV mortgage. Property is a old character conversion flat which is in a prime location. Valuation report has not arrived just yet but the bank (Natwest) has…
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Nearly sold... but now Lease problems uncovered...
Hi all We've all but sold our house and are ready to exchange. We have/had a provisional completion date of 20th February agreed. The buyers solicitor has turned up a few issues with the leasehold / ground rent and we are a bit stumped as to whats going. Basically there are a couple of weird things going on... The first…
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An example of TYPED defence and counterclaim
Hi, I sent my defence for a section 8 possession claim a month ago and now the court is requesting that : "I file and serve a TYPED defence and counterclaim..." I would also like to know if the example below is the right format (justanswer (dot) com/uk-law/6828s-prepare-statement-defence-uk.html): IN THE CARDIFF COUNTY…
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Failed environmental survey on new build
Looking for some advice. We are currently buying a new build property on a development being built by a well known builder. The house we are purchasing has failed the environmental search. The development was previously a mix of council/terraced type houses, but where our plot is was previously a block of council flats.…
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FTB - Questions
Hi, Partner and myself have just had an offer accepted on a property as first time buyers. The vendors have not found a property to buy yet so just wondering what if anything i should get started with. Should i instruct solicitors and apply for mortgage or wait until they have found a place to buy?
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Can I move into my BTL property whilst I try to sell it?
Hi, Brand new to the site - I've found myself in a tricky situation and am hoping for some advice. The key questions, to save you reading all the background, is this. Am I allowed to move into my buy-to-let property temporarily whilst I try to sell it...and whilst seeking employment? What fees and pain would be involved if…
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Can we claim against estate agent?
My daughter and son-in-law along with 2 year old granddaughter are being evicted from their flat next wednesday due to mortgage arrears. They approached council 2 months ago and were told to go down private rental route. Due to their poor credit record I agreed to act as guarantor. They put in an offer on a property 4…
