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New build negitiation
Hi all, Just a quick one: does any know how much negotiation room their is for new builds? I have seen New builds with Jones and Redrow priced at £249k I max out at 230k? Although my house in on the market Im looking to part ex as I need to move pretty quickly. Kensington have something ideal next to the redrow development…
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Withdrawing an offer
Hi All, How common is it for a buyer to withdraw an offer that has been accepted? Me and my OH are first time buyers and last week put an offer on a house which was accepted. Which was fantastic, until we looked at the recently approved planning application for an area of fields directly opposite the property. The…
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Telling building soc that I intend to let my house
Eighteen months ago I took out a small interest-only remortgage on my home, for less than a sixth of its market value. I am now thinking of letting the property. What do you think the building society's response would be likely to be if I inform them of this change? Many thanks, Laurence
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Retaining part of a mortgage before a defect is identified?
We found out yesterday our buyers have had £5,000 of their mortgage retained til further reports on wiring, and structure of chimney and walls of our house are in. I find this confusing as they only had a valuation survey done. Plus we have modern wiring, we have no wall ties, we have no visual probs structurally,…
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Selling A Freehold Title
I would like to sell the freehold title I own for 2 leasehold flats. Right of 1st refusal has been completed with no interest. I would now like to sell and not sure what type of companies that I would need to contact ?? Or should I use an estate agent ? I did have an agent a few months back & was just about to draw up a…
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Shared Ownership
Hi, I didn't know if anybody could give us some help on shared ownership? We can't quite afford to buy a house at the full price, mainly due to living in Berkshire with outrageously overpriced houses. I've been looking at shared ownership, where it seems to cost around £90,000-100,000 for a 40% share and then paying…
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Tricky Situation - help and advice appreciated!
I am hoping someone may be able to help and advise me on my current situation. My ex girlfriend and I bought a flat in Ipswich in December 2007 for £128k. Within 6 months, and due to the financial crisis, the flat fell into negative equity and remains that way still. In December 2010 we split up, and have rented the flat…
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Let to Buy and some mortgage questions/advice
Hi all, I'm going to try and keep this brief! Could do with some advice help - just at the beginning stages of discussing buying somewhere with my bf. I'd like soon as poss but he has barely any money saved at all at the moment so it will likely be many months down the line. I'm starting to think everything through in…
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landlord woes
Hi I hope someone can offer some words of wisdom.... We are a family of 5 currently renting from a private landlord, we have lived here almost 8 years and it is time to move on. We have a number of reasons for moving mainly because we have children with disabilities needing facilities we do not have here, the house has…
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Old FENSA certificate
I just wanted to check something before I got back to my solicitor. Our one outstanding enquiry is a missing FENSA certificate for windows that predates our vendors ownership. It dates from 2002, just after FENSA came in. The vendors solicitors have stated our vendors do not have it and due to the age they will not be…
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first time buyer purchasing from a mortgagee in posession
Hi we are in the process of buying a property, we were told when we submtted our offer that it was a corporate sale and we had to complete within 28 days. We naively assumed that this was because it had been empty for about 6 months. Yesterday we noticed on the EA's website that they are advertising our offer. we contacted…
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Do tenants own the property they rent?
There were a few threads last year which lead to debates as to whether or not tenants own the property they rent during the tenancy. A blog post written by Tess Shepperson debunking this urban myth was sometimes cited during this debate:…
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Landlord did not tell provider - Tenants rights?
Hi there all, Sorry in advance for the long message. We have just found out that our private landlord didn't tell their mortgage provider that they are letting out the property and would like to know what our rights our in this situation? We only found this out because a surveyor came round to value the property and he…
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Replace garage roof
Hi everyone I'm a new first time home owner and looking for some advice! Our garage roof is leaking (we knew before purchase) and are looking for a replacement. It's a felt flat roof at the moment. We have had two quotes the first was for £2100 to install OSB decking and a GRP deck. They would take the old roof, blow torch…
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Shared ownership flat in London
I've recently expressed interest in a shared ownership flat in London. It was advertised as being valued at £280,000 with a 50% share being sold for £140,000 and rent being paid on the other 50% share. I've been looking to by in London for the past couple of years and have been saving diligently. Ideally I wouldn't want to…
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Mainstream property developer question
Hi All, Looking at trying to find a decent new build. I was wondering though, is there a place that has reviews or comparisons of all of the big developers. I've tried googling but not getting the right results. Essentially, I googled one of the developers for a property I was looking at and I had pages and pages of poor…
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Tenant rights - check out weeks before end of tenancy?
I got a call from my agents saying they've got an email for a reference for me and my partner (we're moving) and to send it back asap as we're moving in the new property this weekend... she went onto say that i am meant to let her know if the property is vacant so she can do a 'check out' with me... but my tenancy…
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Renting with a private agent and on Housing Benefit
Hello, I hope I can get some help and advice. I want to move into a new property with my friend but as I've seen, private letting agents seem to have zero acceptance of anyone in receipt of benefits. My friend is a trainee psychotherapist, so at least one of us is working. We also have a good guarantor. I'm desperate to…
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4 days before completion... New house flooded.
So we exchanged last Friday... yay Unfortunately we've had a bit of a set back. I just went round to propery to run thru the electrical quote and plan where to put points etc and rads ahead of a site visit by our builders on Friday. When we opened the door we've seen that the kitchen is now flooded... In fact it's the…
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New to the game - first time buyer !
Hi guys :) Been a lucker on this site other than a handful of posts for many years now and its done me well and got us into shape. Done alot of reading the guides etc but in all honesty im not sure how much of it applies to us or even what order to do this in during the process :o We are now looking like we will be…
