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night storage heaters/damp issues
I post as a landlord who after about 12 years has just had a bit of a light bulb moment (embarrassed its taken me this long to possibly realise ) anyway-over the years have fended off from time to time the usual damp v condensation debates with various tenants-all a bit tedious and predictable,and time consuming. Have just…
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Are there any implications to . . ?
Hi, I'm looking at buying a small flat. I am currently living at home saving up the deposit (and paying rent). Are there any implications with buying a property, and not actually moving into it for several months (possibly over a year)? Such as losing rights/penalities etc? I would obviously be paying the mortgage during…
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Buyers that pulled out - what are they up to?
Our house sale fell through about 4 weeks ago (buyers pulled out just before exchange). Although upset, angry and feeling let down we moved on and found new buyers about 10 days ago. Today a letter hit our doormat that initially my partner did not check the name is was addressed to. Long story short it was addressed to one…
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bank account for house-share
Hubby, daughter & I want a joint account for the 3 of us, as we're buying a house together. Which bank(s) will let us do that?
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Ending a private tenancy
Hi, My husband and I rent a house through Leaders lettings. Our rent date is the 21st of each month but we always pay on the 30th which is my pay day (Leaders told us they could not change the rent date, although we found out that is not true, but that's another story). We phoned up today and informed them that we would be…
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25 single female- first steps on property ladder?
Hi all, i've recently (unexpectedly) come into some inheritance money of just over £40k. I am currently living at home with my parents and was looking to move out anyway, but i'm thinking of putting at least some of my £40k towards getting my own place. My salary is 23k before tax. My main outgoings are my pension (£110),…
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Buying my ex out of the house
I have recently separated. My ex wants me to buy him out. We pay for the house £ 345.000 7 years ago, our outstanding mortgage is £ 184.000, the house now is worth £ 425 aprox. I calculated that we have paid so far £161 , so would I have to give him half of this ( £80.500 ) which is the money he has contributed over the…
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Drain report needed? Exploding toilets!!
Been having a problems getting to exchange of contracts on my purchase due to gatehouse garage and visited neighbour of the property who believe that the owner claimed around £30,000 due to overflowing upstairs toilet and blocked drains. The owners never disclosed this on the legal forms and signed that nothing had ever…
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Investors only?
I'm keeping an eye open for my first property, I'm not in a hurry what so ever. I've seen a few that list 'investors only', including one that looked really nice, is it pointless even making an enquiry? Thanks
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Building plot conveyancing - commercial or domestic
I'm selling a building plot. It was a workshop and still has a wooden structure on it. It's got planning permission for a couple of bungalows. I've got a buyer and am looking at conveyancing. Is the plot classed as domestic or commercial? The difference in fees (online quoting) is double between the two.
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Letting £200k house for £500 a month?
I have the option of buying my parents house for £200k cash which I have. I would then let it to them for £500 a month (£6k a year) with them responsible for repairs/decorating. Rent would increase with inflation. 3% yield but guarantee of payment every month and long term let ( they will be here until the end of their…
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Landlord preparing an inventory vs independent
I am about to let out a property and it is £160 for an inventory and check in I am thinking of doing this myself having seen how it has been done before and also to take photos Is there a disadvantage if I do it myself should I have problems in the future and need to go to court or seeks costs back another way Will…
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Running a business from rental property.
Could somebody explain this:- I have already discussed with tenants, at length, (the tenants have also signed a letter stating that they will not) and it is written in the contact "not to carry on or permit to be carried on any business, trade or profession on or from the property", this seems to be standard fare for BTL…
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Section 21 issues two days after tenancy begins
Hi, I need some help regarding Section 21 and my legal rights as a tenant. My friend and I (both working professionals in London) have recently moved into a flat. We jumped through several hoops to do so and we were assured that now we had got the employer references, credit checks etc that we would be able to enjoy the…
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Pensioner Renting A HA Property But Don't Live There
Can a pensioner rent a social housing property but not live there? She only stays there when she is called into the office about her anti social son (he is not a tenant) she is the tenant. I've only seen her 3 times in the three years I've been here. I want to know whether she can. I've been having problems with his noise…
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Renting - Smashed window
Hoping someone might be able to give me a bit advice regarding a smashed window at the property myself and a friend are renting. I returned home on Friday and, instead of searching for my keys, knocked on the front door to get my housemate to let me in (he was in the living room next to the front door). Not paying too much…
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Ex-landlord sending a bill for damages 2 months on?!
Hi everyone My sister moved out of her rented house at the start of August. Landlady inspected the property with my sister there, said she kept it lovely and thanked her for doing so. The deposit was returned in full, no problems or complaints about the house were raised at all. Until today. My sister received a random…
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Moving out of home before purchase has completed?
Hi We found a buyer for our house back in August and the sale is proceeding along well, unfortunately our purchase has been delayed. I was wondering whether there are any issues with us completing the sale on our house and moving out (we could move in with parents) before our house purchase goes through. In this situation…
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Selling property/removing a charge
I'm just at the point of exchanging on my property following a hideous divorce whereby my ex has a charge relating to 25% of any profit that I make on selling the property. However, the sale price falls short of the mortgage (it was a huge mortgage) by £382.00, yet my solicitor says he still has to sign off the charge…
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Terminating letting agency contract
Hello, I lease my property using a 'full management' letting agency service. The current tenants are in the process of moving out and I do not want to continue using the same agency. In fact, I no longer want to rent the property at all and am planning to sell. The current tenants have been incredibly problematic - they've…
