-
NRAM - consent to let
Hello All Just some advice needed please... I have recently reserved a plot on a new build property The is a condtion on my mortgage offer than im not liable for my exisitng mortgage - I was going to sign my mortgage over to my ex partner(who is also on my current mortgage) but this is no longer an option. The only way out…
-
Landlord withholding deposit
Hi, I wonder if anyone could offer some advice with regards to a problem that I have. Several months ago I sold my flat and rented it back from the person who bought it whilst waiting to purchase a house. All was well until it came to move out. Whilst moving I had a problem removing the washing machine which resulted in…
-
moving into a new build development
The apartment i'm buying in a development of around 140 apartments has only sold 4 other apartments (only completed and marketed for 4 weeks so far). I'm currently in the mortgage stage but I was wondering if it's likely the developers won't want anyone to actually occupy the building until they've sold more because of the…
-
Landlords- Would you sell up or carry on?
I would like to get a take on my situation from other LLs. We have 1 BTL, a small 1 bed house which was our previous home (Bought for £70K, valued at £75K). Was let out to a good tenant, however was flooded a couple of months ago leading to a mutual end of tenancy. Remedial works are ongoing and will be until the end of…
-
7 Year old Flat with possible damp issues
http://www.rightmove.co.uk/property-for-sale/property-46137200.html Still looking to get on the property ladder with my first purchase and have come across this but I can see there is damp problems with the walls. Will this cost much to fix? Appreciate only looking at images but would like to know the sums before…
-
Movement in House
I have had two surveys carried out by virgin moneny, one in March this year and the other in December 2013. We didn't then go ahead for the BTL and have put in a new application in.. All going well until the survey has come back stating there is a progressive crack on the rear property. This was not picked up by the 1st…
-
Rent and Service Charge arrears due to their error with the Direct Debit
I received a statement last week from the housing association that I rent a portion of my apartment from (I am in shared ownership property and own 45% of it). The statement said that I was in arrears by over £750 (despite having had a direct debit set up for the last year) In February I got a letter saying that my…
-
Guarantor contract - variation in tenancy
Sorry for the mammoth post… Before we were married my wife signed a guarantor agreement for one of her friends. He was one of two friends who were renting a property together. The agreement named the two people who were living together as friends in the property, and referred to them as "the Tenant", but stated that…
-
Being given a house
Apologies if this is in the wrong section, it seemed like the best one to put it in. My father has a flat he no longer lives in and no longer needs. It’s mortgage free but only worth around £120k. I’ve made an agreement with him to loan me £100k and the flat will fund this. We have two options; 1. He gives me the flat, I…
-
Renewing AST
Further to my previous post it now seems that at the end of each tenancy period (6 or 12 months) I have to issue NEW prescribed information to the tenant. Is this correct as it seems ridiculous? The tenant has to sign and return the document and I have to somehow inform the DPS of this information. The Appeal court case of…
-
Deposit Protection query
I have always lodged my tenant's deposits with the DPS custodial scheme but recently have discovered that I may have fallen foul of the law. The tenant has a 6 month AST, at the end of that period it seems that I have to inform the DPS that the fixed term has ended and that the tenancy is now a periodic one. Is this…
-
New build price negotiations
Hi Wonder if anyone can advise. Have seen a new build home due to be completed early summer. We've been offered a part exchange on our current property plus the company have offered to pay the 3% stamp duty. I'm looking to accept this offer but wanted to know is it the done thing to still go back and try to negotiate on…
-
Renting - Gutters
Morning all, Would you expect the upkeep of guttering to be the T's or the LL's responsibility? It has come to my attention that my guttering in the property i rent is blocked, just wondered if I should have been doing routine maintenance on the gutters or not?
-
Unfair Rental Contract?
Im not sure if this is in the right place or not but here is the issue... We rent a property thorough a large rental agency and have done so for the last 5.5 years. 1.5 years ago at the time to renew the contract they had bought in a contract charge so to avoid having to pay this yearly we signed up for 2. Circumstances…
-
About to exchange - need buildings insurance
I am about to exchange and been told I need buildings insurance before my solicitor can exchange contracts, should i just take our buildings only cover, and then add/upgrade it to contents as well on moving day? (once I get a date) Been told by guys at work 2 people cant insure the same property (i.e me and the seller) but…
-
Been issued with a section 33 notice
I am a private tenant in scotland and have been given my notice to quit the property by 29/12 this year. Obviously I now have to seek advice from the local council but do I need to seek advice elsewhere and do I need to complete any forms or will I receive any more? Also it is a short assured tenancy. Thanks
-
Moving house, any checklists?
Am all signed up and ready to exchange, for the sale of my flat and move into a house. Are there any good checklists around for things to remember to do, such as cancel TV package, redirect post, last meter readings etc I'm forgetful at the best of times, and dreading the couple of weeks building up to the big day! :(
-
Renting - Chimney Sweep Costs
I live in a rented property, and the contract says: I've had the chimney swept (at my cost, £40) and the chimney sweep commented that really the landlord should be paying for this. I've looked online and it seems to be a bit divided. The boiler is serviced annually at the landlord's cost so in my mind the chimney sweep…
-
Buying a percentage of my parents house
I'm looking into buying a share of my parents’ house as an alternative to them taking a traditional equity release deal. They are mortgage free and own the home outright but are cash poor and have limited income from their pensions. I have the ability to buy a 25% stake in the property as an investment. The house has been…
-
Really dislike my seller!
We are very close to exchange and I am so tempted to walk away out of sheer dislike for our seller. Our structural survey revealed three problems needing an immediate remedy, two of which were essentially down to irresponsible DIY. We obtained quotes then underwent a torturous negotiation process taking four days when it…
