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Insurance advice - empty house
We are in the process of buying our first buy to let property. The house will require complete modernisation which will probably take 6-8 weeks. Any advice on how we insure the premises from the moment it is purchased until we actually put a tenant in. It seems that when you try to get buy to let quotes it always asks…
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Do we buy or rent short term?
If we sell our house the potential buyer will want to be in quite quick, our dilemma is we have seen some houses we would like to view but have been unable to look at them due to no offer on ours. There are a few we would like to look at but also we have talked about renting whilst we look for our dream house then be in a…
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Rental Agents Fees
Can anybody please advise me as to what is a reasonable amount for an estate agent to charge for adding a new tenant to a rental agreement? I appreciate that they will need to undertake credit checks, but feel that the £250 I am being asked to pay is excessive. If it is, could anybody suggest a way to persuade the agent to…
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land in green belt
is it worth to buy a land on green belt assuming which will be allowed for development after 20-30 years? also how much sqm of land do we need to build a detached 4bed house
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House Sale
I wonder if anybody can advise, when is the absolute last minute that a buyer of a property can pull out? Is exchange the final point? We're selling and looking to rent but have been advised to hold off renting until we have exchanged so that we don't lose any money if the buyers pull out is this right that if we put a…
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Freehold Query
I currently own a Maisonette and the freehold to the property and the flat underneath me is let out by the landlady who is a leaseholder. We share a buildings insurance policy, however we have a leak in our roof and insurance has put it down to wear and tare and will not pay out, can I ask the lease holder to pay half? She…
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Renting property - queries about checklist and grotty fridge
I posted on here a couple of weeks ago about a house I had signed a lease on (thanks to everyone who gave advice). The landlord had left a host of rubbish in the house and garden (including a g-string!) and the place was really dirty. I now wonder if anyone can help with a few more queries I have please? 1.…
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Buying as a joint tenancy
I am considering buying a property for cash: paying 90% with my partner paying 10%. At a later (when my partner has sold their property), they would then give me the 40% difference so that they could own 50% of the property. That's the plan .... We would obviously pay stamp duty on the initial purchase. But would my…
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No structural survey carried out
I've recently purchased a Victorian mid-terrace house, and - stupidly - I didn't request a structural survey, or even so much as a homebuyers report. This was because I had just had a sale fall through where I'd already paid out a fortune, and I was trying to save money (don't go shouting at me - remember I'm a newbie!).…
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Buying house - next door has big crack. What would you do?
I'm looking at purchasing my first house and have had an offer accepted. Had a full structural survey done and one of the big concerns is a large crack on next door's gable end. I've uploaded a photo of it (http://zigo.dj/house/CrackNextDoor.jpg) - I didn't notice it when I took the photo, but the crack goes all the way to…
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Survey- what rights do I have?
So I've just bought a house and we have found visible woodworm in on the floor boards in one if the bedrooms, previous owners had a rug over it. This was not mentioned in our survey (we went for a full detailed survey) I asked the surveyor who stated he noted it, thought it was previously treated but could not be sure…
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Second house for somebody else. How it will affect me?
Hi All Short story to explain this one, but would like some advice on how it COULD affect me. Partner and I have just purchased a new house close to the maximum we can afford. Everything going well at the moment. I have just been asked by my father to purchase a house for him as a buy to let. He is very experienced in…
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Renting - Deposit dispute
We have just vacated a property after renting it for eight months. We orginally agreed with the private landlord a long term let but the landlords situation changed and he had to move back to the area. After paying a £500 deposit and recieving the receipt for this we didnt recieve a tennancy agreement - despite asking…
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How long would you expect to wait after a 2nd viewing for a answer?
Had a 2nd viewing on Sunday, rang the agents twice now and still they have not heard from the viewers? How long would you expect to wait for?
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Section 21 - normally issued when tenant breaks tenancy?
Hi Just curious if this is normal? We have a 12 month tenancy agreement with 2 month break clause (tenancy to end no sooner than 6 months - which would be 15th May). However, we have just exchanged contracts on buying somewhere and have notified the agent (we are moving out n 28th March). If they can re-let it from early…
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buildings insurance on flat under offer
Our annual buildings insurance invoice just arrived for £183. Is there any chance of splitting this with our buyers or would it really be just a gesture of good will on their part?
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Adding my name to mortgage
Hi Partner currently has a 2 year fixed Nationwide mortgage and I was wondering if any advisers out there knew the likely fees to add my name to the mortgage. I will be paying half the depost etc Thanks in advance
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Help please - homebuyer/seller moving to Bristol
Hi I am moving to Bristol for a new job (date TBC but likely to be within 2 months). I have a house to sell and want to buy somewhere rather than renting but I am unfamiliar with the area and as I live 200 miles away cannot do house hunting in situ until I am actually working down there. In the meantime I need to find…
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Guarantor for daughter's rent
My daughter is at university and renting out a property for a letting agent (no other option it seems), they are asking me to be guarantor. Whereas I understand (most of!) the risks and think it is largely standard practice, what I'm not happy about is the level of information that the agency is asking me for in order to…
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Stamp Duty (Girlfriend and I split ownership)
Me and my girlfriend are buying a place with a split ownership (around 25% / 75%). What is the fairest way for us to split the Stamp Duty? In the same way? Would this be standard procedure?
