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how much does utilities cost ?
Not sure if this thread is the correct one to post in. I was talking with a friend hypothetically if we had the money and bought a nice place for example a flat which you would buy for 500k or such in Bristol harbor front (cant link) as someone who still lives with his parents how much would everything else cost…
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Buying share freehold-how to ensure communal works covered
Has anyone bought a share of freehold flat whereby the other owner of flat in block has let it out? Just wondering if I'm going to have future issues with the owner for works that will be required. Already 8k of work is required on roof.
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Buying house with indemnity insurance don't know what for?
Hey all after some advice please. We are in the very late stages of buying our first house and it's come to light that the previous, previous owners took out indemnity insurance. The current sellers have no knowledge of this and and don't know what it was taken out for? Our solicitor said they seem to answer don't know to…
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Buying House in area affected by Radon Gas
Feeling really anxious after discovering the house we're buying is in an area (Devon) affected by Radon Gas. Had no idea until our long awaited Homebuyer report finally arrived (4 week wait) yesterday. It states "The property is in an area affected by radon & you should ask an appropriately qualified person to assess the…
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Renting a bedroom out
Hi, I'm embarking on renting a bedroom out in my home. I'm after some advice in terms of setting up an agreement with the lodger. Are there any suitable forms I can access.? I'm looking to draw up a basic agreement regarding deposit, monthly payment, length of short term rental of the room, notice to quit by both parties…
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Concerns about lodgers
Evening Collective; I am looking for a bit of advice on a house purchase we are having a problem with. Having agreed a sale and the vendor (who we have met) clearly said they wanted to proceed with good time. Now though we are having concerns. There is a lodger and their partner who although the vendor has signed their…
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Defective lease - help!
Around 4 years ago we bought a leasehold flat. Recently we tried to sell but the sale fell through after a 6 month conveyancing process as the prospective buyers claimed the lease is defective (and our new solicitors agreed). Specifically, they say the part of the lease that sets out the service charge to pay for the…
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Thoughts on why the lack of interest / low price ?
I've been toying with the idea of a BTL for years (oh the procrastination) and came across this, which I'd fund out of savings I have which are not working particularly hard. So no need for a loan. http://www.rightmove.co.uk/property-for-sale/property-29354820.html Now I've convinced my wife that it's worth thinking about,…
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Sell or transfer flat to mum?
I’d be grateful for advice please. I am the sole owner of a leasehold flat valued at c. £155 000. There is a current balance of £88 000 left on the mortgage. Three years ago I moved out of the property into my partner’s flat, and my mum sold her own property and moved into my flat. She has been covering the cost of the…
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New Build House Issues...
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Is repossession/auctions house any good
I have 40k in saving and want to get to property ladder and wondering if I can buy any repossession house within this price anywhere around London / Essex or Milton Keynes areas. Secondly can you get the mortgage on repossessed property, I can afford upto £600 a month on mortgage including my deposit. Please advice where…
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Electrical Certificates for house sale
Hi all - I have recently had a sale agreed on my property and am going through the necessary solicitor's forms. One of the pages asks if any electrical work has been carried out on my property. If you tick yes, you have to supply one of these: - copy of signed BS7671 Electrical Safety Certificate - the installer's Building…
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Ex wants to rent his room in joint owned house
Hello everyone! My friend bought a house with her boyfriend using a joint mortgage. However, they are now splitting up and he is moving out. He is now threatening to rent out a room and I don't think he cares who he rents it to! My friend is now obviously very nervous that she's got to share a house with a complete…
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Gas Safe Certs and Part P's
My son is about to purchase a house. He is almost at exchange of contracts stage but on receipt of the completed sellers questionnaire form thingy the seller was asked if the gas boiler newly installed in 2011 had a gas safe certificate for proof that it was installed by a registered installer and also asked if they had…
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Lloyds, mail & Landlords!
I'm not quite sure which section to put this in but I think tenants will be mainly interested: I was renting a property off a 'friend' and went abroad to search out if I wanted to live there. Everyone knew about it. I'd got a post redirection set up to go to my family to save them collecting it and they sent it off to me…
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Basic Spreadsheet for property letting
Hi all I bought a simple one bed flat 6 months ago and have been renting it out. I've now registered with HMRC and they advised that I need to complete a Tax Return. Wonder if anyone could point me in the direction of a free spreadsheet to show money in and out? Not really sure how to break it down. Thanks.
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En Suite or Parking?
Hi There, I need help. I am in processing of buying a flat. I have a few choices and am not sure which would help me sell the flat in the future. My flat faces a beautiful park and there is free parking - this can get busy on peak however. The choices are: 1. Standard Flat no parking no ensuite - £185,000 2. With Ensuite -…
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Renting out my new house?
Hi, I have just started the mortgage application process, I have had an offer accepted. It's been submitted. I asked them during this process about renting my house. They said I need to at least live in it for a year before applying for renting approval from them. A few questions... * If I rented earlier but did not say…
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Is this usual? Buyer wants to do painting/tiling before exchange etc
Hi all. Is it usual for a buyer to want access to a property to do tiling and painting works before any exchange of leagls doc or money etc? I had an offer for a small flat which I had started to strip to do up. I changed my mind and sold it with tiles stripped, paper removed, units off the walls etc and it was priced and…
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Mortgage Redemption
:( Hi all, My partner and I moved house beginning July. All settled in now but... She has contacted her Solicitor to chase up the Land Registry Deeds and the Solicitor has come back stating that they couldn't issue as their records show the mortgage has not been discharged!! My understanding is that the seller's Solicitor…
