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CHAPS is down
http://www.theregister.co.uk/2014/10/20/bank_of_england_chaps_payment_intrabank_system_is_down/ The CHAPS system used to handle most bank-to-bank transfers in the UK has collapsed, with all mortgage payments currently on pause. We were told that the problem was due to an update over the weekend, when the details of new…
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Assured Shorthold Tenancy - adding tenant = rent increase?
Hi My daughter currently has an AST with approx 8 months to run that was for a two bedroom property she leased at £60 a week per room. She is now living with a friend who they want to add to the lease agreement as I obviously do not wish to be the guarantor for them. After asking to have the friend added, the landlord has…
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Self Assement for Flat Rental
I am working my way through the HMRC self assement form and I am at the 'UK Interest' section and don't understand exactly what this relates to, can anybody help? Thanks in advance
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24 Access
The property I own is being re-mortgaged and on Wednesday the valaution is being undertaken. The tenant is refusing access. I take it that giving him 24 hours written notice will be acceptable to get access?
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help with boiler choice
hi I posted this in the diy section too but thought I might get some good responses here too so I'd be grateful for any help :) I have been given a few quotes for having a new combi boiler fitted. the firm I liked most were a little bit more expensive but they seemed the most professional and I felt more comfortable with…
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Stairstep crack in exterior wall
Hi, I'm new to the forum and I'm a first time buyer looking for assistance on buying a house. I've put an offer in on a house and shortly after noticed a crack in the exterior wall under the kitchen window. The estate agent sent a surveyor round to look at the crack and confirmed the following: Crack is only 1mm wide and…
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Seller signing contract this week
Just heard the sellers who i am buying from hope to be signing their contract this week, I'm waiting for my mortgage offer to come through this week to sign and return, is this normal? I thought everyone signed contracts at approximately the same time/within a few days of one another?? I know i'm probably panicking over…
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Loft conversion / party wall
Hi, Been looking through the forums posts on unregulated loft conversions. Seems you can basically do what you want as long as you do not class the area as habitable..? However we were looking at a semi the other day and the owner was just completing his loft conversion and you could still see his spliced steels. Long…
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Tree at the end of my garden
I have a tree at the end of my north facing garden. My old boy neighbour (Who is side attached, also with a NF garden) has moaned that the branches are a nuisance (they overhang his land slightly) and that the shade caused makes nothing grow there in his garden (The tree is in the end corner of my garden, and the problem…
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extensively refurbished, tastefully modernised and extended the property, means?
Hi I am new to forum though I have been reading through the different topics and threads lately. I am buying my first house. I called the SA for viewing of that particular house on next Thursday. I have been searching for all I can get about the house. In the website it says:” The present owners over recent years have…
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extensively refurbished, tastefully modernised and extended the property, means?
Hi Sorry it was duplicated by error
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Buying a cheap house while renting
Hi guys We currently rent our house, so not on the property ladder. We would like to be on the property ladder, but the problem is, to get a mortgage that would be equal payments to our rent, we would have to downgrade big time. So my thinking is this: To buy a cheap 1/2 bedroom flat locally, maybe on a 10 year mortgage,…
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Finding out the length of lease left
You can find out how much a propety has sold for in the past on public records and find out abour planning permissions locally etc. But can you find out how many years left on the lease a current property has? I'm pretty fed up with being told by estate agents that they "don't know or it needs to be verified by vendors…
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Precise mortgages please help?!
Will living in my 750 overdraft effect my chances of getting a mortgages. Got 250 limit on ccard. My hubby has 250 overdraft. Just paid off two loans that totalled 7k. Hubby is self employed n I wrk part time. We never miss payments
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Realistic Costs of Owning a 2 Bed Flat
Good evening all, Looking to get on the ladder with a 2 bed shared ownership flat. Do you think the below table covers all the costs associated with running a two bed flat. 1 person living there. Anything I have missed or way out? 2 days overtime a month for me is easily achievable so the bold red is left over per month…
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Divorced Landlords - dispute over rent
Evening, I'm in a bit of a tricky situation with my landlord(s) and just looking for other people's opinions please. Moved into a rented property in October 2013, and cardinal sin I know I have never had nor signed a tenancy agreement (whether AST or otherwise). At the time when I moved in, all contact was with Mrs X and…
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Reality Check: Is this feasible?
So I am looking at buying a house and I need a sanity check on my finances. Savings: 9.5k Savings per month: +£900 Income: 32k Monthly income: £1,800 (5% pension contribution + £120 in student finance already taken off) What I am looking at is getting a house for around 130k max, or a flat for 120k as a first time buyer in…
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Overhanging branches-council land
I appreciate the standard practice here is to lop back the branches-and give them back to the owner (council) There is scrubland at back of our property(we are landlords ) with trees where the branches are substantially overhanging/encroaching our property -and now starting to cause our tenant distress. of course-taken 6…
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Home Builders 'recommended' financial advisors
I have recently made a decision on purchasing a new build from a big property developer/house builders using Help to Buy. Whilst placing my (refundable) reservation fee I asked them if I could use my own financial advisor to secure the mortgage. They said "No, you're using Help to Buy so you have to use our mortgage…
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Am I entitled to money from a house sale???
Evening everyone. I would like to ask some advice on behalf of my mother in law. Her and her partner have lived together for 15years. The house is in her partners name as are all the bills etc. She always pays half towards the bills and food etc and she would like to know if she would be entitled to a percentage of the…
