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Moving house in Scotland - help please!
I've been living in a one bedroom flat for the past 8 years and now that I've paid off my debts (aside from my mortgage) I'd like to buy somewhere bigger. When I bought this flat I had been living in rental accommodation. To be honest the thought of having to sell my flat and then buy somewhere else really scares me! I…
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No Building Regulation approval
My wife and I are buying a house and I would appreciate some help. The house we are buying is nearly all newly built with just a side wall and part of the front wall from the original house on the site which was mostly demolished and then rebuilt including several large extensions. It was built by the current owner who…
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Solicitor Asking For Additional Payment to Clear Chargeback 4mths After Completion
Could do with some advice. We sold our property to fund the purchase of another. The sold house had a charge back on it which was to be cleared with proceeds from the sale. We understood this was the case upon completion of the sale, while the rest was used on deposit and renovation on the new house. We completed over 4…
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Accountant for self employee
Hi there, We will be remortgaging in the spring and I need to have a copy of my wife's self employed business (sole trader) accounts that has been certified by an accounting professional. Does anyone have a recommendation of who to use and how much it should cost? I've been quoted around £350 but not sure if this is…
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6 month Ast with payments spread
Hi Must be due to the weather, but, I have another tenant with an unusual request (at least to me) Originally was going on a 6mth with 1 upfront payment (sorry, you are not to be privy to the reasons behind this) We have now negotiated to a 6 Month Ast with 3 bi-monthly payments. Each payment to be paid 2 weeks before the…
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Black Mould
Hi, Another fun problem with a letting agency... I reported a leak in my bathroom in mid November 2014. Numerous contractors have been round, and finally the leak was sourced (early January). Damage to the bathroom actually came from the contractors, including a hole in the wall (due to damp plasterboard) whilst they were…
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Product transfer with Halifax
Hi, My fixed rate with Halifax finishes in September and after speaking with my broker, he advised that he will record my salary at that point but Halifax won't request it as part of the transfer. Bearing in mind my salary might have reduced slightly from when I initially took out the mortgage, is this information correct?…
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Charge placed on a property
I am giving money to my mum to purchase her council house so she owns it outright without a mortgage and want something in place to protect my money incase of any debt recoveries or death but not sure what and how?
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Expenses exceed income advice
At next tax return my expenses will exceed income due to needing a new boiler installing in my rental property. I have previously used an Accountant but would like to file my own return and so keep down costs. I PAYE on my employment income and occupational pension. How can I recoup tax paid on all expenses? Is it best to…
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buying new build house - no phone line - transfer bt and sky?
Im about to purchase a new house and the property is a new build with no phone line installed. Problem is im 4 months into a bt broadband deal and 6 months into a sky 12 month subscription. Im guessing I cant cancel either. If I move, will the contracts reset to 12 months, iv wanted to move to virgin but that wasn't…
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House or a Flat
Which one would you choose in this scenario to live in as a couple with no kids for 2-3 years? Property 1 http://www.rightmove.co.uk/property-for-sale/property-49865279.html 2 bed modern flat with fairly new white goods and requires no work other than maybe a new paint if being really picky. 1/4miles away from main line…
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Equity split after divorce
Hi All, quick question - please let me know if this is posted incorrectly and ill put it in correct location. In the middle of a seperation. Only married 3 years however had the house/ morgage in both our names for 8 years. At first we agreed to split everything 50/50 however more recently the wife is bringing into the…
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Potential chancel repair liability
The searches revealed that property I'm buying is in "potential chancel repair liability" area. Now I understand that from 12 Oct 2013, unless a parish interest is registered with title deed, new owner can't be held responsible for chancel repair. Am I correct on this? Also, how do I exactly know whether an interest has…
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Quick Sale
Hi, if anyone could offer any advice or information it would be very much appreciated. I decided to sell my property through one of these agencies who offer to buy your property quickly (I know I can hear you all groaning), but as this was an ex council property the price offered gave me enough to pay all my debts, give…
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Buying a 50% share of a house
I would like to buy a 50% share of a house (buying into a buy-to-let Property). The seller would like to free up some cash, I could also pay with cash however would like to move to a interest only mortgage somewhere down the line. Is any stamp duty applicable? Are there only legal fees to change the deed details with the…
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Changing job before applying for first mortgage?
I'm looking to get my first mortgage around this time next year. By then I should have a LTV deposit of roughly 15-20% (looking at ~£180k property). My main question is that I'm considering applying for jobs later on this year (need to finish a qualification first so can't be sooner), which could get me anything from…
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House renovatins whilst we're living in the propertyH
Hello MSE, We're 4 students living in a rented private house. The house is owned by our landlord, but managed by somebody else and all our communication is through him. Previously, all houses over 4 bedrooms were required to be fire safe, i.e. fire proof ground floor ceilings, fire exit signs, fire doors, emergency lights,…
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High Speed Transparent Conveyancing
Is there a site I can go to that lists the main stages involved in conveyancing for a house purchase? Ideally with some indication of the time each step takes. I don't want to do it myself, but I'd like to be fully informed to whether it was going to schedule. I'd then like to find a solicitor that acted in a very…
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Price reductions and mortgage money
Let's say I have an offer accepted on a house of £200'000. The bank instructs a valulation survey which gives a value of £200'000 and the bank agrees a mortgage at an 80% LTV, so the bank will provide £160'000 of the purchase price and I provide a deposit of £40'000. Following this a homebuyer survey is instructed by me.…
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Gifted deposit statutory declaration required?
I'm about to exchange and went to the solicitors to discuss the and sign the paperwork. He's now saying that he has to draw up a statutory declaration (£90) because my wife is technically gifting me the money, even though it's all "our" money it coming from a bank account it her name only. I told the solicitors about this…
