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Can a seller pursue conveyacing with 2 buyers at same time?
Hi, This is a vague question but just wanted to know if it is possible given the current seller oriented housing market in London. I am a first time buyer. I would to know that is it possible for a seller to accept offer from two buyers and pursue conveyancing with both of them and gazump one of them at a later stage. I am…
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Would you rather have separate Dining Room or Garage?
I have a 3 Bed house with a garage conversion into a Dining room so we now have a nice large lounge which all the neighbouring houses have to double up as a dining area. The downside is that there is no garage although there is ample room for 2 cars (side by side) on the drive. The front and rear gardens have plenty of…
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Survey back - what is the next step?
Hi lovely people, I'm after a little advice on what I do now I have my survey back as I don't really know what I'm doing (still don't feel grown up enough to buy a house!) The survey has come back with a number of issues, nearly all of which I was aware of beforehand and the offer made takes these things into account so…
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New House, CML Report, Home Demo & Completion On The Same Day?
We have just been informed that our CML (inspection?), home demostration, and legal completion will all take place on the same day.We are not happy at all about this but is this usual and is there anything we're can do about it? I think I have the right term for 'CML' it was described to us as an insurance report for our…
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How accurate...
...are the pipe placements on the CON29DW search maps? We are aware of a public sewer that runs through the garden of our soon to be home, but the placement of the line on the map might be a bit of an issue for a current extension on the property. IF the lines are just an estimate and appear to be further back in the…
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1cm lino mark general wear and tear?
Just ended our 8month tenancy. Our fridge scuffed the new lino when the removal men moved it in back in August. It isn't a hole, but a scrape, about 1cm in length, and will have an appliance placed over it when tenanted again. The landlords agent is saying the lino now needs replacing. We say its general wear and tear.…
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Deed of Trust?
Hello, I after some advice regarding the best way to legally note a deposit that I will be giving my sister for her first home. Background: I have a mortgage on my own home and am going to be selling my property in October 14. I will then purchase a new house, with the use of a mortgage in a different area. In the meantime…
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Disrepair & legal action
Hello, Apologies for the slightly off-topic subject. We own a ground floor flat of a two-stories maisonette, the flat upstairs belongs to an agency renting the flat out. For about a year the bathroom upstairs has been leaking causing damage to our ceiling that has finally collapsed a couple of months ago. During the year…
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Buying question
I'm not looking to buy until next year but I have already started to look around where I live at properties within my budget. A nice 3 bedroom semi-detached was just above my budget caught my eye. It didn't sell and is now up to let and has been since the 28th March. Do you think even though I don't intend to look to buy…
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Mortgage extension query
We are pushing our solicitor and EA to exchange contracts this week. If we don't we will have to start thinking about contacting our mortgage provider about an extension. Natwest have given us a formal offer which extends on 23 June, at the time they said they would extend by a month if needed and provided we gave three…
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Loft room not to building regulations
Hello we are going to view a property on Thursday that has two rooms in the loft that are both not to building regulations. I have a few questions... 1 Should this be a cause for concern? 2 What is the procedure for getting building regulations so thy it can be sold with an additional bedroom? 3 How much is this likely to…
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Thinking of buying a holiday home in Spain?
If there is anyone thinking of buying a property in Spain then be cautious. Some authorities are demolishing properties, even though buyers have gone through what they thought were legal process. There are also other pitfalls. For instance, anyone living in Spain for longer than six months must declare all their worldwide…
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Notice To Quit - No Signed Lease
I have an issue and am a bit confused as to where I stand legally. We rent privately and have just received a letter from our landlord telling us he would like to take possession of the property. He did call me and tell me this on May 1st as well, but nothing on paper arrived until today (just stamped, no proof of…
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Buying a repossession.
Hello, I am not sure if anyone can help me but, I found a flat I love and I put an offer in, got all the searches, got a mortgage and basically done all of my bits- however this was 5 months ago! I was told that the flat was been sold because it was owned (and 30 others in the same building) by a property company that went…
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Do EA have to pass on all offers regardless
Lets say the owner has stipulated to the EA "I won't accept anything below £xxx K" If the EA gets a lower offer, do they still have to tell the owner the offer has been made?
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Help to buy !
Not making assumptions but I think htb scheme is now dead in the water ! The Bank of England wants to distance itself from it. Any institution who has boe support will now follow suit.
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Exchanging with work still outstanding on the property?
Hi All, please be kind this is my first post. I'm currently purchasing a flat. When the survey identified some work which needed to be done. The Estate Agency rang me today and said that the vendor is going to get the work done on the insurance policy and would I exchange on the provision that the work would take place. I…
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buying a park home
It's very expensive where I live and I have seen various park homes for much more affordable prices. I just wondered what are the pros and cons of buying one? Here are a couple of examples: http://www.rightmove.co.uk/property-for-sale/property-45735005.html…
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Section 21 query
Hi all, Hoping you can help with a query. Our fixed term tenancy expires on 18 June and our landlord has just informed us (on 16 May) that if we want to stay after that then the rent will be increasing by 25%. If we decide that we do not want to pay the increased rent, then will we have to move out on 18 June or will he…
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Would you buy a house or wait?
Hi, We all know house prices are sky rocketing at the moment, would you advise on stay rented or buy ? Many people i have spoken say, they would at least see this trend for next 2 years, i.e 10 % rise in next 2 years on 300K house is 60 grand more! Dont think there are any auctions ones at the moment.
