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'Ready, willing and able buyer' clause
We have our agents' contract to sell our flat and there's one clause we're not comfortable with. It reads: So, hang on? Does that mean that if no other offers are forthcoming we have to sell to say, a cash buyer asking a really low price or pay the the agents? Or that we can't withdraw if such a buyer turns up, then…
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Will convayencer allow searches etc to be carried over to another client?
Hi We were close to Exchange and our Buyer pulled out - all the legal work has been completed with all parties. My question is if I find a new buyer and convince them to use the same solicitor as the buyer who pulled out, will the Solicitors be able/willing to fast track the legal stuff having already done the work? Has…
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Registration with managing agent for my flat
Hi there. I have been in touch with the managing agents for my flat (Urbanpoint) to register myself with them as the new leaseholder. This is something my solicitor was apparently supposed to do, but didn't. Anyway, Urbanpoint have responded to me saying that I need to fill out a form and provide them with 2 copies (of…
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Naughty Estate Agent...
Sticky-Fingered EA must have been feeling peckish... It's like taking candy from a - oh. http://www.bbc.co.uk/news/uk-england-london-29228681
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Renting costs
Hi i will be renting a property for the first time later this year, as I am new to this I would welcome suggestions of costs, as well as a few questions I have at this stage. -if the monthy rent is for example £500, what additional charges should i budget for. Are utilities normally the responsibility of the tennant? As…
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Advice please!
Hi all, currently myself, wife and 3 children (4,7,11 years old) live in a three bedroom house. It's not huge but it fits us all. We pay £1200 a month rent. We also own a flat we used to live in, which is a small 2 bed, the mortgage on it is approx: £240 a month, which is covered by the tenants rent. We are planning on…
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HELP! Estate Agents hasn't declared Personal Interest
Estate Agents failed to disclose a personal interest with our buyer, who now works for the Estate Agents. What should i do? We exchange on Monday! Background We received an offer on Monday 30th June for the full asking price. This offer was accepted without prior knowledge of the personal relationship between the buyer and…
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Letters getting stolen? Or just paranoid
Ok the issue here is that I have a neighbour who has their brother and brothers wife and kids live in flat across road, and their cousin live in block of flats next door so each time they come round they leave the door on the latch(and give you abuse if you politely tell them its dodgy to leave it on the latch) We live…
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Mortgage promise vs Mortgage broker assurance
Hi all, I am self employed and looking for a mortgage through a mortgage broker. After looking at my details (income, contract rate etc) he said he is confident he can get me the money that i need to borrow. I was under the impression that the first step before looking for properties is to get a mortgage promise from the…
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Advice on guarantors/renting gratefully received
Hi everyone and thanks for taking the time to read this. My husband and I are currently living with parents. I live with our children with my parents on the Isle of Wight and my husband lives in East London with his dad as he works in Chiswick. He commutes here every weekend. We are looking to move back to the Staines area…
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Estate Agent Gift Ideas?
As a thank you for their efforts, I wanted to give a gift to estate agent who has assisted with latest purchase, Anyone got any gift ideas, what goes down well as a gift for an agent?
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Finish with letting agency and let property myself
Hi, I have a house that i let through a letting agent and have had the same agent for some years now. I have also had the same tenant for about 4 years and i have come to realise that my agent does not do much for the money I pay him and I want to look after the property myself. My question is - can i ask my tenant to…
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How can my 13 yr buy a house
My daughters father died a few months back and she has been left from his pension enough money purchase a house if she wanted to. After looking at the rates banks/isa's pay, we found we could buy a flat that would give her a 10% return. after a lengthy discussion and many weeks researching she has decided to invest.…
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House buying
I wonder if anyone can help me. We put an offer in on property in July and everything seemed to be going smoothly and then in august we received a phone call from their agent advising that the owner of the property didnt realised the property is in sole name of his late husband and that probate needed to be done. At the…
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No building control sign off
Looked at a house yesterday and was told it had never been signed off by building control. The property is 9 years old and has an NHBC certificate and the sellers have a letter from the council saying they will not take any action, also they have an indemnity against council action, but, of course neither of these would…
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When to instruct solicitors
I'm new to all this buying houses business and just seeing about the order of things. We submitted our full application on Monday and we are awaiting confirmation of the valuation date. I've sent the starter park to the solicitors but my MA said to wait before paying the fee and instructing them. When do you typically…
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Do you think we will pass our homelet checks?
Hi, last year my partner sold his flat and we decided to rent for a while until we have saved for a new deposit for a mortgage, anyway last year we were big referenced by homelet for a new home, however my partner failed due to having 2 ccjs that were all paid, we did mention this before the check, I didn't earn enough to…
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Questions about 1st rental property
Hi, I am renting a flat and it will be the first time I have done so. I have a few questions: 1.will my council tax be deducted from my bank at the end of each month or will I need to pay a month in advance when I move in? 2. My landlady is unsure currently who the supplier of gas/electricity is. I assume if I change the…
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Stand off between solicitors
Folks, We have had an offer accepted on a repossessed property. Our mortgage offer is in place and our current house is sale agreed. Everything was progressing well until our solicitor advised us that that there is an issue with the deeds on the repossessed property. Apparently the land is part leasehold and part freehold…
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Tenancy Agreement
Just helping someone fill out a tenancy agreement. They ask for NI number - why? Also, they give themselves enormous latitude in what they can do with your personal data - "you agree to us passing on your data to third parties as necessary". That's a bit vague, isn't it?
