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Subsidence and insurance - Buying a house
Hi I am in the process of purchasing a house in an area in which there has been a history of coal mining. The coal mining searches (non obligatory) have come back and have shown that mining ceased in 1968 in the area. However in 1988, 1990 and 1996 there were claims against the coal board for subsidence. The first two…
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Need advice in Basingstoke
Hi! I'm going to recolate to somewhere nearby Berkshire. After researching I've found that Basingstoke is a good location. I'm new in the area and new in UK as well. Please give me advice at which area is nice and which I should avoid? I prefer a quiet area. I have 2 children. One 13 years old and another 1 year old. Which…
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Help to Buy
Hi all I've researched this for days but can't find the answer. I know that help to buy is generally marketed at people who only have a 5% deposit. Does anyone know if it is available for someone who has a 50% deposit? (I have a £90 000 deposit but my income is only £12 000). I have an offer of a mortgage of £70 000. I…
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How to price our house to sell
We put our house on the market a few weeks ago for OIEO £100k at the recommendation of the estate agent. We've only had one viewing since going up and I'm concerned at lack of interest (we're really hoping to sell this year after being unsuccessful in 2012 and redecorating practically the whole place!). I've read this…
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EPC certificate
According to government web site an EPC is required to sell or rent the property. As I'm still not sure whether to sell or rent mine, given the fact an EPC certificate last for 10 years I decided to require one anyway. However, checking on several sites they all ask whether the certificate is required for "sales" or…
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Sell up to release £ and rent - good idea?
Evening all. Sound advice required. A) OUTGO ON MAJOR DEBT We currently have two mortgages (our house and a second left to us) and credit card debt. The repayment amount on these debts is £1,850 per month. Mortgage 1 should be paid in 20 years, mortgage 2 in 16. Credit card debt - could take a little longer, only minimum…
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Are modern mid/end terraces noisy?
We are in the process of looking to move, we looked around a gorgeous 3 bed mid terrace new build and it's perfect for us. Only problem is that we are worried about noise. We currently live in an early 1900's build mid terrace and you can hear next door all the time. I was hoping modern ones might be better in terms of…
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Invesment Property Agents - Help needed
Hello Everyone, My first time on this forum. Basically requesting advice from any one one regarding a property investment agent. What are if any rules/ regulations regarding agents selling investment properties which are either mislead through marketing statements and email etc, or where things do not stack up , thus…
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how tough are BTL valuations?
Hi I recently bought a Victorian terrace with cash, and need to re-mortgage as a BTL. Decor-wise it's definitely lettable, with working kitchen and bathrooms and central heating: but a bit tatty condition. No subsidence, surprisingly little damp for one of these properties too. It also used to be 2 units but has been…
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Buy to let mortgage
Very simple question. I do have a property I entirely own. Can I obtain a buy to let mortgage to buy a new one, rent the one where I leave and move in the new one? If not, what is the best option in this circumstance? Is the NewBuy schema something I can apply for (given the fact my deposit is not that big - aside the…
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Renting fee: different situations from the region
Hello there, I'm not sure whether this is correct, but I assume it is as I read this on a newspaper back in 2012. At that time I read that to rent a property, letting agents could ask or not a deposit according to the region. For instance, in Scotland it is illegal, in England it is mandatory and so on. According to the…
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Green deal question
I have twice registered to get an assessment from the green deal this was several months ago and I've still not heard anything back, has anyone had any success with it?
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Confused
Got all our documents in preperation for exchange, but I'm finding some of it confusing and am hoping some of you lovely people can help? "it is a requirement of the lender that you inform us if anyone over the age of 17 is to live in the property" We have no plans for anyone over 17 to live with us, but would this prevent…
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Extending the land area of a property
There is a property across the street up for sale that is interesting to me. The property's land is rectangular in shape, with about half of one of its long edges bordering a local football ground. At the other side is an area behind the offices of the football club. The area has unkept grass and weed and is not used at…
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Indemnity Insurance
We are currently in the process of selling our house and the buyer’s solicitor has requested that indemnity insurance is put in place for the lack of building regulation/planning permissions relating to the alterations at the property. The alterations were done at least 15 years ago. The cost of putting in place the…
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Trying to leave rented property/letting agency issues
Having signed a six month contract back in December I duly hand delivered a letter in March saying I didn't wish to extend come June. Upon hearing nothing I followed it up with an e-mail 2 weeks later to which they still didn't respond. Having chased them for the last two weeks of my contracted tenancy they finally…
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Some advice please - selling with difficult neighbour
I am about to sell my flat because I cannot longer cope with the noise and other regular intimidation from the neighbour in the flat above me This has been an issue for a year. The flats are shared ownership with a housing association. The HA are aware of the issues but have chosen not intervene. Their only answer has been…
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Survey Report is it to late........
We had a full structural survey done on our house in Jan 2013, we eventually moved in at the beginning on July. The house has an annexe for my 78yr disabled mum. The builders started the alterations for her disability in August and soon started unearthing lots of nasties that the surveyor had missed. Not everything came to…
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House With Separate Office
I might be buying a house that has a separate building currently configured as an office. The office building is a reasonable size at 2000 Sq Ft. Would I be able to let this on a commercial basis? Apart from the tax liability is there anything else I need to think about? How are things such as business rates handled and do…
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Freehold: whether to buy and how to assess value?
Hello. I recently bought a first floor leasehold flat - there is another leasehold flat on the ground floor of the terraced house. I have 114 years on lease, she has 106; I pay £100 a year ground rent, think she does too. We are interested in buying the freehold together - I have three questions: 1. As we both want to…
