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Issues regarding Shared equity property
I am after some advice/reassurance. I purchased my current home in 2008 and every year seems to become more stressful owning this flat! This was purchased under a shared equity scheme between myself and a housing association. I can't remember the specifics but later this was then transferred to the Scottish Ministers. (I…
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Offer accepted, what order should i do things?
I've had an offer accepted, and it's in a chain. The sellers have offered on somewhere, but not been accepted yet, and have viewings of other properties booked. My solicitor has been advised. What should be my next step? When should i get the mortgage app going? I don't want to be too out of pocket too early really…
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Mortgage company checking on tenants
Hi all. I had a visit from someone from 'Property Services Partnership' this morning. They were representing my landlords mortgage company and wanted to check who was living at the property and who the letting agent is. Is this normal? Or should I be worried?
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Rent for next month in which tax return?
My tenants pay upfront for each month of rent. I received a payment on 15th March, which covers their rental period for the following month (15th April -> 15th May). Do I declare it in my tax return for 2013/14, because I received it on 15th March? Or, is it actually part of 2014/15 income, since it is paying for a service…
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Blueprints of the House
I have bought a house and want to do budget what work I can afford to do to it in advance so I can arrange it for when I move in in June. I was looking to get the blueprint/floorplan of the house which family who have bought there houses before have gotten from there solicitor when buying the house however mine doesn't.…
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No guarantor - how to rent own place in Manchester?
(My background: 29 years old, female, salary £24k, health professional, debt = 15k and 1 CCJ, on a debt management plan, no savings, and have no guarantor). Hello, I would like some advice on renting my own property in the Greater Manchester area. I have been living in shared houses over the past 4 years, privately rented…
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Buying a house from auction
Hi All I am planning to bid for a house in auction on 27 March 14. However I am new to this and have no prior experience of auctions. I have done the viewing of the house and it looks alright. I have contacted the auctioneer and obtained the sales pack/legal pack. This pack contains the following: Energy Performance…
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Urgent; single room rental. many questions
Hi need some urgent advice. I ‘m currently in a dire situation, I’m looking for a single room in London. I’m going through a divorce. My ex- partner threw me out the house. That doesn’t really concern me. I’m working at the moment and can pay three months rent no problem. Thing is if I get the property (single room, shared…
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Transfer of Buildings Insurance To Buyer?
I am selling a property. It is a shared freehold flat with a shared buildings insurance policy. The buyer is requesting that I transfer the buildings insurance policy to them without fee. Is this standard practice?
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House websites
We are back to the start of looking for a house after one has just fallen through. I've been using zoopla, just because it seems to give a lot more information than rightmove, but I've just realise they don't both have the same properties on them. I have only found 1 estate agent so far who only advertises some properties…
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Renting with poor credit
Hi the title says it all but just wondering how in depth a credit check with estate agents are (were going with Dowens). I have 4 defaults (latest is 2013) on my credit file, but in a DMP, i am also on maternity leave at the moment. Me and my partner are looking to rent as he has sold his property and we are trying a new…
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Stamp Duty threshold
I have read a few reports that the chancellor may do one of the following to stamp duty in the Budget next week (http://citywire.co.uk/money/budget-2014-12-predictions-for-the-chancellor/a740333/6): 1) Abolish it for first time buyers 2) Increase the 0% threshold from £125K to £250K I am in the process of buying a house…
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Problem during renting a property in London
We moved to London few weeks back with family with 2 kids. My employer promised to give 4 week accommodation. We shortlisted a property end of feb and paid holding deposit. But problem rose, when we are not able to pay the rest of the deposit yesterday (15/03/2014). For various reasons my bank account is delayed and was…
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Buy-to-let whilst still living at home?
I'm 20 and have roughly £4000 in savings. I'm currently saving for a mortgage as I want to get onto the property market. I'm a good saver so I'm aiming to stretch my savings to around £8000 by the end of the year. Looking at house prices as they are at the moment it looks like I wouldn't be able to afford to move out until…
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Help! Aggressive landlord and unknown territory!
We could really do with some advice from anyone out there that might know about property law/litigation as we can't seem to get any definitive advice from out lawyers! We had a commercial lease which expired in jan 2014. The lease is governed by the landlord and tenancy act 1954. We have always paid our rent on time. The…
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Want to rent a room. NEWBIE QUESTIONS HELP PLEASE!!
Hi I've been working abroad since leaving home (i'm a holiday rep admin) however I wish to move down Brighton way when back. I have little savings and not great credit history. I'm after a non fancy bedroom to rent, is my best and cheapest option to go somewhere like Gumtree (and other classified ad sites) rather than any…
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Staircase or not?
Hi All, Im pretty new to this forum, but I have a dilemma that you pro buy to rent people may be able to help with. I own 40% of a flat in the Watford area. I have a chance to purchase the entire 100% share at a price of £135,000. The only sticking point here is the lease is at 79 years and needs re-newing asap - this is…
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Tenants Not Moving - How Do I Escalate Matters?
Hi I have been a landlord for the past 2 years with good tenants who have paid on time and have not been any trouble since they moved in. I provided 2 month notice prior to the end of the tenancy back in November as I wish to move back into the property. My letting agent advised in January that the tenants had been unable…
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Unfair Landlord
Bit of a long message here ... I need some help, I have been renting a house since late January and whilst doing the initial viewing the estate agent had explained that before I move in the landlord would re-lay the carpet, paint the walls, change the front door to a more secure one, put double glazing in the one room that…
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Complex mortgage problem - shared ownership, buy-to-let, alternative loans
Background In 2008 I bought a 25% share of a shared ownership property (total value £260k). In 2010 I bought a house for £400k which my parents are living in with a mortgage. This is nearly paid off with £20k left. In 2012 I inherited a property worth around £200k and am renting it out for around £15k a year. Problem We…
