-
Confused about renters/homeowners insurance?
My hubby and I are renting to own our current domicile. A few months back our "landlord" told us we had to pay the liability insurance. We felt we should not pay since we do not own the home yet and were told we were only responsible for the renters insurance. The lease states: " #12 Tenant's shall be responsible for any…
-
Advice when buying by informal tender
My partner and I have just found a property we like but it's for sale by informal tender. I had a look around earlier today and it needs total modernisation, there is no central heating and I expect it will need rewiring too. Despite this with a bit of cash and some hard work it would make a lovely home. I know that…
-
Who's Responsible Please??
I let my house out on an HMO. Overnight one of my tenants has called the Ambulance out.She is no stranger to the ambulance service and must have them on speed dial.She is fine now....having come back from another APPPARENTLY near death situation.During this episode the ambulanceman have come in and kicked in two doors to…
-
our ideal house under offer from someone else heartbroken but not sold ours yet
Hi Ive had my house on the market a while, magnolised it and changed agents, have a viewing soon, seen and viewed our ideal house and just today it has gone under offer and i'm heartbroken. I know that i have yet to sell my house but we've been looking for a while and nothing ticked the boxes except the ideal house but…
-
brushes road, Stalybridge
Im just wondering if anyone could advise me what's Stalybridge like to live in. Ive seen a property I really like, its an ex council property on brushes road. I am aware that there are some new build houses on brushes road.. I am not from the area but I love the countryside view. Ive checked the crime rate and apparently…
-
19, got my first property after being given 50k
I've recently turned 19 and a few months ago i was given 50k by by parents as early inheritance as they want to see me enjoy and expand that money whilst they are still here. With that money i put 7k of my own money with it and bought a house in need of major renovation and have been renovating it with my dad since again…
-
Service charge refunds post completion
Hi We completed on our flat 4 months ago now. Now we have letter saying that the seller has requested a refund of the service charge as it is showing the account is in credit by a few hundred pounds. The freeholder won't give it to them as we now own the lease but the seller solicitor has contacted us asking for us to…
-
I'm a bit annoyed but don't know if I am over reacting
I've been busy at work all day. I look at my phone. 2 missed calls, 2 text messages and 1 email from my letting agent, all about the same thing. (I'm the tenant, moving out next week). First thing that's annoying is the amount of comms. Secondly. They are contacting me because the new tenant wants a new carpet fitted and…
-
Trouble renting as lived outside UK for 4 years
We are trying to rent property in SE England but are having trouble as we've lived overseas for the last few years.We both have UK credit cards and I even have a mortgage in Scotland, ( I'm renting that place out). We have references and I've been working for 6 months so I thought all would be hunky dory with our credit…
-
Wear & Tear Allowance for rental property
Getting figures ready for my first Tax Return on a rental property. The property is a furnished let, so I believe I am allowed to claim a 10% wear & tear allowance. However, I am not sure how I should be calculating this - the HMRC guide talks about using net rental income less any expenses which would normally be borne by…
-
Landlord going to increase rent by 25% on my dads house
Hi, I'm hoping someone can give us some advice. It's a bit of a story so please bear with me. My dad lives in a rented house, he has lived in the same landlords properties for over 40 years and in his current house for 18 years. He has no written tenancy agreement and has never had one. A year or so ago he had a letter…
-
Pension pot investment in overseas property (anyone done it)?
I read today that you can use a pension pot (30k min) as a deposit on buying overseas property. Looks almost like a none brainer, has enyone got experience of this and gone for it? Thanks in advance
-
right to buy!
Hi me and my partner have put in an application for a right to buy, but are novices when it comes to how much a mortgage advisor charges for their help and advice. we know these charges will differ form company to company, but just a baseline fee?? any advice what we should be checking out for. thanks
-
"Not ordinary construction"?
It turns out that the house we like is perhaps a wolf in sheep's clothing. About half the houses in the street appear to be brick built, while the other half look like this: It looks like they've been cladded with concrete tiles. ETA: It's an Airey pre-fab. The one we like is one that looked initially to be brick built,…
-
Lodger's LHA Claim
About six weeks ago my lodger moved in with her 4 year old daughter. She went to the council benefits office and gave all the details. Then my lodger told me the council wanted a letter from me, stating that she would be my lodger. So I wrote a letter, "To Whom it may Concern" stating that Lucy (and daughter) was my…
-
Buy in building with 'Secure Tenants'
We are in the process of purchasing a property in North London - greater Camden area. Beautiful Victorian villa - converted into 3 flats. We are now 1 month after our offer was approved and our solicitor finds out that the other 2 flats can never be sold, they are owned by Camden Council which is the landlord of the…
-
1 week from offer expiring
Advice please, My offer is one week from expiring (due to problems with proterty tittle, slow solicitors etc). There is a reasonable chance we could complete by 31/10, but having made enquiries as a contingency, it looks like I can get a new offer and on a better product (.24% lower interest, fixed until Feb 17 instead of…
-
Buying flat, apartments
Hello everyone I am trying to do some research on buying a house/flat and would like some help regarding charges that usually are not mentioned but you realize that you need to pay them once you already bought the house. I read the article from this forum on buying a property and found it very informative. What I found is…
-
Additional fees for renting from Letting Agent
I'm about to sign a lease for a rented property and now have been bombarded with a tonne of additional fees on top of the deposit and initial rent. Was just wondering if these costs were negotiable with the agent? Current costs: Tenancy agreement: £270 Reference fee: £118.8 Administration fee: £60 Considering I also had to…
-
We got gazundered selling, can we get other bidder to gazump them privately?
We put our house on the market in the summer, had 20 viewings in a week. The estate agents didn't seem to do a good job during the viewings themselves as they had no bidders, but on the day I showed people round I got 3 offers. All were at our asking price or above. The estate agents then engaged all 3 bidders in a bidding…
