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Fixed fee for flat management major works?
Normally companies who provide management services for blocks of flats charge a percentage of the cost of management work as their fee for major works. Another way to do it would be for them to charge a fixed annual fee based on size / age / maintenance history of the block. Is there such a thing, at present? Would it be a…
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Divorce and selling house in negative equity
The ex and I have agreed that we want to sell our house, as our divorce proceedings are commencing this summer. He is presently living in it and I pay a small amount towards the mortgage. Neither of us can afford to take the house on solely and wish to sell. However, there is a crippling amount of negative equity, possibly…
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Moving into a property pre-completion ???
Hi All I am in the process of buying a house and we are expecting to exchange on Monday, with a view to then completing on Friday 16th. The seller has contacted me (we have each others details as he was going to sell privately initially) and asked if we could postpone the completion date for two weeks until Feb 1st, as the…
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Landlord wants to do maintenance
Hello all, I have just received this email from our landlord where we've been staying for a few months and our AST ends at the end of March. We haven't had a lot of contact with the landlord but they seem fairly nice to us to far. We did offer to pay the rent upfront for the duration of the tenancy (and we did) as we were…
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Buyer has pulled-out - need advice
Hello, So here's a basic run-down: - accepted an offer on my apartment - had my offer on a house accepted around two weeks later - patiently wait to move in to my (vacant) new house for around six months because my buyer's solicitor was useless - buyer pulls out out of the blue and the only reasoning we get is "the fees…
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freehold property with old leasehold problems
Hi there, I wonder if anyone can help, as my solicitor is being rather vague. We live in a 1930's house that was divided into 2 flats in the 1980's. The people who sold it to us had converted it back to a house, and we bought it as such 10 years ago. We are currently in the process of selling, and it has become apparent…
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Buy to let or buy to live!?
Hi Folks, I will give you a summary of my current situation and hopefully all you helpful people will give me your thoughts on what you would do! I am in my mid twentys and currently living with parents. I have saved up a considerable amount in savings (around 40K) and now I feel I am ready to invest into property. Its…
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Tactics when offering please help!
Hi All, We have made an offer of 585 on a property which is on the market for 675. It needs some work, and we can only purchase happily at under 610 at the very most. We hoped our offer potentially successful for a few reasons- - its overpriced. Clearly above market value - we offered cash (we can borrow a lot from parents…
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Question about offer
Just put in an offer on house with Connells EA and they said I have to be financially checked by them.. Hold on a second, I have Mortgage in principal with Halifax. so I'm not going through this again to see their broker; I have been recommend a broker by someone I trust.. So, surely they cannot force me to go in an see…
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Buy to Let Newbie
Hi everyone. I am looking to get into the buy to let game. I don't have any experience or know anyone that already owns any buy to let property so I was hoping to get some tips and advice before I jump in. Please only post a reply if you have or previously owned buy to let property. Thanks.
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Tenancy Renewal Fees and Moving to Periodic Tenancy
Hi everyone, I'm looking for some advice regarding renewal fees and periodic tenancy. My girlfriend and I have been privately renting a property for the past year and the fixed term contract ends on 17.02.15. I've recently been sent a letter from the letting agents saying that the tenancy renewal fee of £125 is due by…
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2 mth and 3 mth rental
Hi all. Not sure if this goes here but a bit of an odd one. My wife and I (early 60s) are selling up in UK and moving to my wife's home country of Spain. Due to tax in Spain we need to stay in the UK this year for at least 183 days. Now looks likely we will be UK homeless end of March. So we need a pad somewhere that is…
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Overpaid rent
Hello, My 81 year old mother in law, was renting a small cottage in Scotland for 6 months. Her tenancy ended in December and all her rent was paid on time. The standing order at the bank was cancelled yet the bank paid another month in error. This has led my mother in law to be in financial hardship for the remainder of…
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Where does one go after being priced out of Walthamstow?
Hello all. I would really appreciate some advice...big decision for us on where to buy. We live in a 2 bed Warner flat in Walthamstow, an area that has seen a lot of change over the last 15yrs I've lived here. I am now married with 2 kids (6yr old girl and 1yr old boy). We do love the community feel of the area with loves…
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Can I afford my first house as a single person??
Firstly, I'm new, not sure if this is in the right place, so apologies up front if its in the wrong section. I'm looking at currently looking at houses to finally move out of my parents. I have approx 13k saved and am looking at houses 80k or below. I earn approx 21.5k per year. Naturally I don't expect people to know…
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Sellers obligations between exchange and completion?
So after reading the thread about the burglary that happened between exchange and completion, I was just wondering what the responsibility is of the seller during this time? Of course I know that most people wouldn't deliberately trash their house, or leave it vulnerable to burglars, before they leave it, but are they any…
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Discount for Sale basis
Please delete this post it's really old and not ten words long.
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Opinions on a Flat I just went to see (Burton on Trent)
http://www.rightmove.co.uk/property-for-sale/property-44130836.html Okay, so I don't need to buy a flat, but I have just started a 12 month contract where the work fluctuates between Derby and Burton-on-Trent. I have a house 110 miles away and I'm not about to move. This is just 4 nights a week. I have been looking at…
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Buy to let property and divorce
My ex husband and I divorced 4 years ago. We have a buy to let mortgage with 8 years remaining. My ex husbands brother has lived in the property for the last 5 years and since the divorce pays the rent over to my ex husband cash in hand. I have not been in a position to challenge this until now, for fear of reprisal. The…
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Envirosearch - Ground Stability Natural Factors
Thanks for reading. Today's worry is ... I've had my envirosearch done and the following has been noted ... What is the potential for natural ground instability in the area within 50m of the property? Moderate The house was built around 1800 and the survey didn't pickup any subsidence? Is it worth spending the money (£25)…
