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Remove name from deed
Hi guys I am looking at getting my name removed from the deeds of a property I bought with my sister. We had a joint mortgage, however she is now going to take over the mortgage but at the same time she is moving to another mortgage provider. I am happy to have my name removed and wanted to know if I need a solicitor to do…
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Extra legal fees - do we have a case?
Our solicitor has informed us that our conveyance fees will be increased by several hundred pounds above the estimated fee level agreed at the outset due to the level of delay and repeated chasing they have had to do on our sale and purchase. Our vendors were represented by an online conveyancing outfit who have been…
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En-Suite in Master or Guest Room?
Hi There! I'm having difficulties deciding. I am buying a 2 bed flat 1 bathroom under renovation. But I have paid extra for an en-suite (shower). Initially I thought I would put it in the 2nd bedroom as I would be able to rent it out more easily. But now there are a few things that have made me think, maybe it should go in…
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New Carpets needed - still fair wear and tear?
I'm going to be moving in the new year and I know my carpets in my rental property need completely replaced - does the landlord still need to account for 5 years wear and tear as well? I'm quite happy to forfeit my entire deposit just to be out the place, but was just curious, as to if they still need to take this into…
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Which searches on 6yr old house?
Hi, We are moving along steadily with the purchase of our new house, it is 6 years old and we are wondering what searches, if any, are best to go for regarding the solicitors? I.e land registry etc Any info would be appreciated. Thanks
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Rear one storey extension
Hi all Our survey suggested that we check for necessary approvals were obtained for the rear one storey extension. Checked with our solicitor and he is yet to get back to me even though its been a week. He is still waiting for the vendor solicitor to respond. Checked all planning permissions on council and there isnt one.…
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Need advise on equity release
Can anyone help me out, I need some advise on equity release. If my father was to sign over a percentage of equity of our family home to me could I then take a mortgage out on the remaining part that he owns using my part of the equity that I now own as a deposit or will I still have to have a 10% deposit on the amount I…
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Police have kicked door in of property I am renting out!! Help/Advice
My wife has rented her flat out for the past 5 months without issue, seemingly have a great tenant who always pays rent on time, never been any trouble at all and things have been going fine.....until this morning! We received a call from our ex next door neighbour telling us the police had arrive at 7.20 this morning and…
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UPDATE! Oh No... Worse than I thought - Advice please re. Top of Chain delaying..
Morning everyone, Well, almost there...but of course, as with the whole bally process, there is still a hurdle or 2 to get over. This is the case so far: Vendors have signed contract to sell to me. I have signed contract to buy from them. I believe my vendors have signed contract to buy from their vendor, who's selling an…
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Inflated conveyancing fees
My mortgage lender (Natwest) has hit me with a £590 + VAT charge, payable to my conveyancer (Ross Coates), for conveyancing work undertaken on their behalf. The initial quote on application for this work was only £125, with the caveat that this was only an estimate. I just can't see how this has mushroomed so much on what,…
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Zoopla and valuations - overpricing?
Just wondering some thoughts from MSE's on this.. I am looking at making an offer of £200k on a property marketed at £210k. But Zoopla has the valuation at £192k with the highest confidence level and the value range being: £186,879 - £198,691 The vendors have said that £200k is too low and they are looking more in the…
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Rented Property Nightmare Saga - Advice Needed!
Me and my partner recently moved from England up to Glasgow. The laws are different here so I'm not sure where I stand but here's a quick run down of the events that have happened. We got our keys on 12/08/2014. We first went to the house on 14/08/2014 and I cried when I stepped through the door. It hadn't been cleaned.…
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73 yrs Leasehold remaining
Hi Need some advice on Leasehold apartment and if 73 years is ok to buy? How would I find out prior to purchase if Leasehold can be renewed? If so how much it would be?
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Gifting of property
Hi out there, I think similar questions have been asked in the past but i'm not sure if my scenario is slightly different. My grandmother passed away a couple of years ago, leaving her property to my mother. We dealt with probate which was granted and have the confirmation paperwork with the property deeds. For the last…
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Is the market good?
I'm thinking of investing in a house or a flat in the London area. Are the markets yielding a 10% return at this time? Investing up to the tune £300-£350k. I'm doing my homework, but thought i'd ask the experts as well. Thanks T
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Storage heaters - electric bills
Good evening, Hope somebody can help. I'm currently in the process of buying my first property and I'm trying to do a household bills budget planner ready for when I move in. The property currently has no gas at all, it has electric storage heaters on economy 7, electric water heating and electric cooker etc. Could…
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Renting out my garage for storage
My garage is separate to my house and someone has expressed an interest in using part of it to store some of their stuff, including high value items like furniture. It would still have some of our stuff in it, so it wouldn't be 100% their's during the time they are renting it out. I wondered if anyone could help with the…
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Tenancy agreements - which one?
I thought I had chosen a good template for a tenancy agreement from NLA. I have filled it in and am now checking it. I have 2 daughters who have rented through different agencies, in different areas of the country. I have their AST agreements to look at, both their agreements are identical, bar their personal details, so…
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To buy or not to buy freehold on our flat
Six months ago bought a flat (£200k) with a 125 years lease paying a ground rent of £50. It is one of two flats in the building. The building owner has just sold the freehold on the other flat and has asked would we like to buy the freehold on our flat for £1000. On paper it doesn't appear to make a whole lot of sense as…
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100% retention for tiles and walls painted
Is 100% retention for this sort of cosmetic work common? It is my 'buyer' who says this work has to be done before he can get his buy to let mortgage. The flat was 'sold' (no exchange yet!) as a renovation job (price to reflect this)and a few tiles in the bathroom, kitchen and paint on the walls (which mostly need…
