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Can I offset income from letting out my flat against cost of renting out another?
I'm sorry for a long thread title but I didn't know how to put in fewer words : ) I'm a first time buyer forced to think about buying by prices moving up fast in my area again. I have a particular area in mind that would be nice and affordable for me. However, the thing is that for various reasons (including children's…
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4 months, 2 agents, 0 viewings
Hello, I am looking for some advice. I have been reading through the forums about people who are concerned they are not getting any viewings after a few weeks, well for us its been 4 months and the only advice our agent can offer is "to drop the price before the market starts slowing down for the end of the year". We first…
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Address on tenancy
My sister has a property that she has let with an agency for 5 yrs, she lives close by but has nothing to do with the property and all the information on the agreement regarding her address was the agents. Last week she received her new 6mth agreement and it had her home address instead of the C/O agent, when she rung the…
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Would you rather
Would you rather rent a cheaper/not as nice property and save money, or rent a bigger/nicer property that costs more money? My OH and I currently rent a 2 bed flat in the city centre for £795 pcm which includes a parking space. It's a nice enough flat, big and has lots of storage/room for us to live comfortably. It's 5…
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Lease plans in error - how big a problem?
Hello, I am going through the process of purchasing a leasehold flat, and I found out that the leaseplans do not match the flat layout - a doorway is in the wrong place and the external wall is in the wrong position. I am wondering how serious a problem is this? How difficult would it be for the seller to rectify the…
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Properties not build in accordance with the approved plans
I have discovered parking area for my property (new build) has not been built in accordance with the approved plan (there have been a lot of complications, amended planning permission plus delays etc) I won't go into details it's very complicated but basically a fence should be further back than it is, giving me a little…
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15k below offer on property on at 335k?
Is an offer of 320k on a property of 335k a silly offer? The house is in a sort after area, it is a large property but needs a lot of modernisation - new kitchen, new bathroom, cloakroom bathroom and ensuite plus garden is completely overgrown and needs decorating throughout. The property has been on the market since Dec…
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Council/ housing association bidding and eviction
Hope this is the right place to post this. Myself, my husband and our 3 children are being evicted from our rented home by Section 21 as the landlord is selling. Our local council have a bidding system and we have been on lost for 8 years with no luck as adequately housed. i went to council when i recieved the secton21 as…
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Buying a flat in a Grade II listed building
Hi all, I'm hoping to buy a flat in a Grade II listed building. But I'm concerned about having to pay more because of its status, as it's stretching me already. Am I right in thinking the Management Company should have a reserve in case of emergencies? Even so, could extra costs for the upkeep of the outside of the…
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Asking price v high compared to past sales! Help!
I would really appreciate some advice. I live in rented accommodation in S London and my landlady has put my flat on the market. I like the property and would like to bid for it and, if the price is right, buy it and continue living here (it's more convenient than going through the hassle of moving again into another…
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Questions from a nervous first-time buyer.
Hi everyone, I'm seeking some advice and nerve-calming wisdom from you clever people! My partner and I have just made an offer on a house we love. I've never done this before; my partner owns a flat, which sold after 5 days on the market. As it stands at the moment, the owners of the house are on holiday, arriving home…
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Help with valuation feedback please
Hi, sorry this may be answered somewhere but I can't see the information. I have just received a copy of the valuation report that was sent to my potential mortgage company, it states that I need a professional to check the loft void, lower floor joists and damp proofing. I've passed a copy onto my solicitor and they are…
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Taking possession of a leased garage
When my mother- and father-in-law bought their house in 1980, there was a garage at the rear of the house (a row of garages on separate land) which came with the house on a lease basis. The rent was a small amount, and the F-I-L would periodically receive an invoice through the post, and he would go to an office in the…
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Moving questions
Probably stupid questions too, but humour me, we've not done this before and I've already c*cked up our house moving broadband. I don't want to make any more mistakes. First, how do you deal with clothes? For example - one chest of drawers upstairs full of clothes. Logically, I would take all the drawers out, cart the (now…
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Valuation survey much lower than anything in the area
I hope someone can help I am buying a house without the garage which is down the street, the house was on for 129k but she accepted my offer of 124 k if she could keep the garage. The house is a 3 bed semi with 2 rec rooms and a kitchen diner The valuation survey was done a couple of months ago and was acceptable at 124k…
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Transferring Joint Tennancy
I have the current situation and googling does not help: Currently the lease is as follows for our flat: * 25% owned be me * 75% owned by person 2 * person 3 is an authorised (guest/occupier) but has no liability due to being a student However I wish to vacate the lease for reasons that its not worth going in to (nothing…
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House Offer Accepted on Two Conditions - What to do?
I agreed a sale on my flat a few weeks ago and have been looking hard for somewhere but to no avail. This week Bridgfords EA told me the sale had fallen through on a house that I was interested in before and would like to buy. I have made an offer straight away and Bridgfords have responded saying that the vendor will…
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Japanese Knotweed, the council and the law
I am posting this here as the CAB forum doesn't seem appropriate in it's current trial phase, but hope somebody knows the answer. Basically I already know the law states that it is an offence for YOU (and me) to not prevent the spread of Japanese Knotweed, however does this law only apply to us citizens concerning…
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Victorian London house, subsidence - what to do?
Hi all We agreed to buy a 3-bed Victorian terrace in London, at a price which in the current market I think is pretty reasonable. I expected it to have some damp issues (penetrating and rising), and lo and behold it does, as per the survey. That we can deal with. What is really worrying me though is the progressive…
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landlord has put our building on the market for sale - should they have told us?
Live in a flat in London - first floor of a 2-floor building. Flat above is currently vacant as they were looking for new tenants. Just found the whole building for sale - should the landlord have told us he was doing this? any advice is welcome! its a bit of a shock - they're obviously not selling it as a rental but as a…
