-
Mortgage repayment period / repayment
I am in the process to buy my first property. They accepted my offer and the survey is already done. Everything is ok with the bank and the mortgage: the repayments, the repayment period, my deposit... I am still waiting for some replies from the seller. I am fist time buyer, single. I have been searching for more than 2…
-
Would this put you off?
I am about to put a probate property on the market (I am executor). The property is empty and I am very concerned about keeping it safe and secure over winter. Although working, the boiler is very old and I'm not confident to leave it running in an empty house over the coming months. I had planned to arrange for the whole…
-
Can other shared freeholders set up management company without my consent?
I own a flat with a share of freehold in a block of three flats. We are currently in dispute about funding maintenance works to the property and unfortunately it's getting nasty. One of the other freeholders is chucking about legal threats, including the following paragraph: " One of those options is for the majority, in…
-
Investing parents saving in property
Hi all, I'm in the process of selling a flat in London that will give me a decent profit, 70k, enough to buy another property with a mortgage. That's the simple bit. My mother sold her house and downsized and has roughly 80k sat in various low interest savings accounts. I've been thinking that if she were to invest a…
-
Offered housing association property but old tenant wants it back
Hi all Not sure if this is the right forum, so please can someone advise if it's not? My sister has a 22 month old daughter and has been living with her in a one bed council flat since just after her daughter was born. Our local authority use a bidding system in order to move properties. She has been bidding on 2 bedroom…
-
solicitors fees first time buyer
Hi, My offer on a house was accepted yesterday and i'm looking for a solicitor. Can anyone that has recently purchased a property advise me what they paid. I'm a first time buyer, the house is below the stamp duty threshold and is not a listed building. Thanks
-
Land registry - no information on property we are purchasing
We are in the process of purchasing a new house, not sure when it was built but I would say 1950s/60s. However when I try to retrieve the details from the Land Registry website it says 'Sorry, we do not have a record of any titles for this property. This does not necessarily mean that the property is unregistered'. Do we…
-
Certificate of compliance - freehold property
We're also having this issue with our freehold property with communal areas managed by a residents committee. Is there a standard charge for supplying the certificate of compliance and who receives it? Is £250 a large amount to pay for this?
-
leasehole maisonette - solicitor enquiries
Hi there, We are buying a leasehold maisonette and their are 3 other maisonettes in the same building. Our solicitor has asked the seller/ seller's solicitors to see copies of the building insurances from the other maisonette owners. I know the solicitor wants this done but I am concerned this is going to take so long. One…
-
Survey has revealed £17K worth of urgent work
Hello, I have had an offer of £200,000 accepted on a property. I've just received the full structural survey and it has revealed £17K of urgent work to be carried out in year one with a further £15K worth of work required in years 6-10. I'd be grateful for any advice here as I'm a first time buyer. I'm a cash buyer so no…
-
FTB: Is a Leasehold Towerblock flat a bad idea?
First post! I've googled this forum so much as a guest, I figured I'd finally make an account and ask and answer questions properly :D I live in Birmingham, right in the centre, and right now I'm comfortable staying in the same area for 10+ years timeframe. I'm young (early 20s), no intention of ever having kids (in the…
-
Fees to start new tenancy
Thinking of moving but surprised at the level of fees being asked. They want: £210 for drawing up the tenancy agreement £120 'referencing charge' per person £80 'inventory fee' All on top of the first month's rent, plus deposit equal to six weeks rent. Seems a lot more (more than twice) what we paid last time we moved (3…
-
Is it ever worth making a counter offer to buyer?
Our house has been on the market for 13 months now. Initially on for £128k but now on at £125k. We've had 15 viewings, 2 of which have made offers. This week we have a second viewing from a couple who viewed in July and made an offer of £105k, which we rejected. When they made the appt for the second viewing they also…
-
Agent not aloowing me landlords details
I was not long ago having problems with my agent who i rent a house from. After a week or two of very dysfunctional communication, I told her in an E mail that I was writing for the name and address of the landlord as I was told that they are legally obliged to give me this info if requested and should do so within 21…
-
Buying and job under threat?
Hoping this will just be a theoretical question, but if a buyer gets given notice for their job, will this have to be disclosed/get back to the lender they're applying for a mortgage with? Or will things be OK provided the seller is not unemployed before they draw down the mortgage?
-
Selling a tenanted flat
This is a bit complicated - and had I the chance to do over, things would be done differently, but I can't so. I'm in Scotland. A few years ago I entered into a business arrangement with my brother and sister in law with a rented property. The flat and mortgage are in my name alone. Sister in law collects the rent and pays…
-
Where to buy
so, I’m 50 years old. My job, which I love ties me to London. When I retire which won’t be for at least 10 years, probably longer it will be to Lowestoft. From my inheritance I have approximately £80,000, There is almost nothing I can get close to work for that, two bed flat in a tower block is the only thing I have seen,…
-
Best literature to read re renting a property
Hi, I'm hoping those with a bit more landlord knowledge may be able to help! It's looking highly likely that we will soon be renting out the flat we currently live in, and we will be buying a bigger house to live in. I've read and researched a lot via the forums but I was just wondering if anyone could recommend any up to…
-
Moving to the UK - credit check needed for rent
Dear All, I am moving to the UK and want to rent an apartment. The letting agent told me that they can't help because I have no credit history in the UK. Is there any solution to this? I mean I have credit cards and enough cash to pay the rent even for years in advance. I can't believe that there are no solution for this.
-
Letting agency - help!
Hi, My fiance and I went to view a property to rent on 20th September and fell in love with it and, because we had missed out on other properties before, we paid our fees in cash right then and there to take it off the market, with a receipt being provided by the agency the following week. When we were viewing the property…
