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Buying new property
We are 6 years from retirement and are hoping to buy a new property. We are finding this incredibly difficult as upon going to view new developments we are told we cannot put an offer in or a deposit on a property as we still have our existing home to sell. Apparently we have to sell our home and incur the added expense of…
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Agency/Landlord suddenly want to renew the Tenancy Agreement? Help
Hi, I'm after some help and advice on how my partner and I can go about this. Our situation I'm currently in a house share on a running contract with 1 months notice. The missus in a rented apartment for the last 18 months with the original contract being 6 months and since being a running contract. We have now decided to…
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Move into partners Shared Ownership house
Hello, If someone moves into a shared ownership house that is already occupied by their partner, and pushes the household income over £60,000 (apparently it should be £60,000 or under), do they still get to keep the house?
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Tax Return . uk rental allowances.
Good morning. I have brought this post from the Save Tax forum ,as it was suggested I may get more response . Im ploughing my way through the HMR&C http://www.hmrc.gov.uk/manuals/pimmanual/PIM2020.htm pages to see what allowances I can claim , it obviously doesnt cover my exact circumstances , and seems to leave a lot to…
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dual agent, offer accepted.
Hi I want to make an offer on a property that has just had a offer accepted. There are dual agents. which agent would I be best making an offer through. I think it might be best making an offer through the same agent as the other buyer as this would mean the agent is not risking losing his commission if the other party…
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Decking as a fixture and fitting
Hi everyone, Does anyone have an answer to whether decking can be classed as fixtures and fittings? I have checked here and it's a bit of a grey area http://www.hmrc.gov.uk/manuals/sdltmanual/sdltm04010.htm Any help would be greatly received.
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Deed of covenant
Hi all, I am after other opinions. We sold two flats and bought a house almost two weeks ago (completion) got all the remaining funds from our solicitor and I even called to check that the remaining money was ours and that they had taken their money etc so we could budget with what we had left. On Saturday we had a letter…
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Pros and cons of buying a cottage?
I hope you don't mind giving your thoughts, we currently live in a 10 year old house, which has recently been sold and are now looking for our next house. We really like a semi detached character cottage but are worried we might cause ourselves a lifetime of hassle. However, we have no experience with an older property. It…
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Selling a piece of land to neighbour
Hi Our mortgage company has agreed to let us sell a small piece of land to our neighbour. However, they are asking what the sale price is..? Do they really need to know? They are satisfied that the release of equity will not affect the sale price of the property should we default so don't understand why they need to know…
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Question on application
Hi All, Looking for some help with a question please, had BTL mortgages for years but never seen this question before. Might be a simple answer but i am unsure ? "Will at least 40% of the property be used as, or in connection with a residential dwelling" Anyone care to translate to simple english ?
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Disheartened buyer.
Just here for a little moan, really. My partner sold his flat early this year after just 5 days on the market and we found a lovely house a few weeks after. Things were progressing well until my partner's buyer was made redundant and pulled out. This was the first week of August. His flat has had a good number of viewings…
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landlord is selling where do we stand in regards to deposit back
Our landlord has informed us they want to sell. They offered it to us but we can't afford it so need to vacate in 2 mths. Our security deposit is held by the estate agents but the landlords have informed us directly they will be selling the property through another estate agent. Does this effect us getting our deposit…
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Parents house worth £200k, they want to transfer 25% to my name
Long story, but basically, me and my parents have agreed they will give me 25% of the house for £10k How do we go about this? Have no idea
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Offered share in House ADVICE PLEASE
Dear all I have been offered a share in my friend's house. Here are the details. Bought roughly one year ago with a £12,000 deposit for £120,000. Now worth £160,000 following works at an undisclosed cost. Mortgage payments are roughly £550 per month. I have between £10,000 and £15,000 to invest. What % should this equate…
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Process and cost of having internal wall removed in house purchase
We've had an offer accepted on a Victorian terrace house and want to remove an internal brick wall between two reception rooms. I'm not 100% if it's load bearing but as it's brick I'm assuming it probably is. My question is, due to the mess it will make, how long and what is the cost of the process getting this done as I…
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Investing for dummy question
Post removed and reposted in the right forum
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immersion heater in a rented house
Help. My uni daughter in her first rented house is having a bit of a stressful time. In the kitchen there is a boiler but it doesn't appear to work. In the cupboard there is an immersion heater but the ' just' hot water switch doesn't work. So maintenance man has said turn off the radiators and get hot water from that!? He…
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threat of eviction?
Hi, new poster so please move if not in right area. I currently rent a house, and due to financial difficulties i have been late in paying rent for the past few months. The landlord has served us an eviction notice for the property, asking us to leave by the 1st october. The trouble is i am worried about being able to let…
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Mortgage and Moving to Ireland
We are looking into selling our house and moving to Ireland (my husband would commute back to London for work) This should halve our current mortgage but what I don't know is should/could we keep our outstanding mortgage in the UK? We owe just under £200k with the Bank of Ireland on their standard rate of 4.49 for a…
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Completion date - do I need everything cleared out on the same day?
Hi folks, We are in the process of buying a repo and our existing property is sale agreed. The completion date is scheduled for 2 weeks tomorrow. Is this when keys are also handed over? As we're buying a repo we can't really commit to moving out in case there is a last minute offer on the house and we lose it. Ideally we…
