-
Do we have to give access to our garden for building works?
We are leaseholders of a flat in a block with a number of flats. The freeholder wants to build another flat in the building, which we don't have any particular problem with. However it's going to cause a huge amount of disruption over quite a long period, and they'll need to get access to our (private) garden to set up…
-
House registration certs/ indemnity paperwork lost in post??
Hi all. My solicitor sent out the Completion or registration paperwork, 2 x indemnity insurance policy paperwork and energy performance paperwork to our new house on the 12th January. I do not think they sent it recorded etc. Unfortuantley it seems to have all gone missing in the post. I have asked for copies from the…
-
Pulling the trigger on my first BTL
Purchase price : £215K - 4 bed terrace for student let Deposit £53750 (25%) Purchase costs / stamp duty / refurb £ 6250 Total purchase cost £60K Rent inc bills £ 1800pcm Mortgage (repayment) £930 (430int, 500 capital) - term 20yrs Bills £200 Maintenance £100 Void provision £100 (but as there is shortage of student…
-
Costs of having a loder(s)?
So I am looking at buying a home that has 2 double rooms that I could rent out but I'm not sure on the costs involved in regards to bills etc? I know I will have to pay full council tax, but in terms of electricity, water and gas? The house has central heating and is an old style terrace so the ceilings are quite tall. I…
-
Claiming buy to let interest on tax return if I have briefly lived in property
I recently remortgaged a house that I was (and still am) renting out and used the proceeds to buy a flat. I always had it in mind that I would eventually rent the flat out but I told my solicitor that I was going to live in it (a mistake maybe). I moved into it and carried out some renovations. After 3 months doing the…
-
Gifted House Deposit
Hi all, I'm wondering if you can help. I recently decided to go ahead with a house purchase however, I didn't have the funds until my March BONUS was paid. I really didn't want to miss out on the property so my dad decided to gift me the funds and paid them directly into my account. I then went ahead with the purchase and…
-
Contract amendments post signature
We received the contract on the property we're buying last thursday, but noticed some errors on the contract. Our current address was not printed on, and the vendors current address had its house number printed wrong. The address of the property were buying was correct but still errors in the contract are not a good sign.…
-
deed of substituted security
Hi everyone, I live in a block of flats and we've completed the new purchase of freehold/lease extension (it's a 999-year extension). In their last letter, the solicitors representing our block included a note saying that mortgage holders, like me, will be required to enter into a Deed of Substituted Security with our…
-
Garden fence
We recently moved to a new property. I don't really know the neighbours yet. The right had side back fence is really old and in the recent winds some of the panels came down. It's rotten anyway and it needs replacing. I saw our next door neighbour out there with her parents putting a few boards back up to went out to say…
-
change estate agents - any experiance?
I have sold property before, but never been so unhappy with an agent I've wanted to change - so not sure on a couple of points! We had an initial tie in period of 12 weeks which is coming to an end in about 2 weeks. We have to give them two weeks written notice. 1) Can we give them notice two weeks before the tie in ends,…
-
Blocked on suite issue ( rent )
Hello, I'm asking for a friend to see where she stands on an issue which was reported in early December and still hasn't been rectified. She left the flat for 2 months as she was on leave from uni. A plumber was called but he didn't fix it the first time, since then she has heard nothing, presuming the work was being…
-
Leaseholder building repair dispute
A friend of mine has been getting threatening letters from the company of the freeholder demanding that he pays for a repair bill up front before any work is carried out. There are 3 other owners and I have told him to make contact with them to see what they feel and look at taking joint action. The building has been…
-
New house
So it's the second night in our new house (which is on a semi main road), we are sitting in the lounge and the road noise for the last hour has been busier than I thought or expected it to be. Not really after advice as such just wanted to write it down. Think we will get a quote for a new front window and get some thermal…
-
Checking hot water works prior to buying
Firstly, I'm new to buying houses! I've had a good look round a house I liked and made an offer. Now I'm wondering whether I should have checked if the hot water worked. It sounds funny, but I never thought when I looked round, I've never seen anyone do it on house viewings before. Actually maybe the heating would have…
-
Buying siblings share of inherited property - what should I be aware of?
Hi, myself and my 4 siblings have inherited a property, which is currently in probate. I'm thinking of buying it but I'm confused about what the implications would be, especially CGT. So, the figures look something like this; Property value £450k Estate owes £50k All siblings wish to gift £50k to another family member out…
-
Zoopla property current value help
Hi, our property that we have renovated extensively does not have a current value on Zoopla and I would be interested to know what it is, yes I know I can get an EA round but the less I deal with them the better. What I want to know, it does ask how much has been spent on renovations, does it keep this information private?…
-
rented home up for sale
Hi. We've rented our home since September 2012 and are very happy here. In June 2014 our landlord and lady decided to put the house up for sale. He told us by telling my husband when he was drunk down the pub. Living in a home that's on the market has not been easy. As my husband couldn't remember what had been said I…
-
Transfer of flat ownership
I jointly own a buy to let flat valued at 100,000 which is nearly paid off, so there is no mortgage interest to offset against tax we both pay 40 percent tax. Can I pay off remaining amount of mortgage and transfer ownership to my daughter who earns very little ? and is there any tax to pay ?
-
60s Flat Roof Cubes?
Anyone ever owned this sort of thing? https://www.google.com/maps/@50.405611,-4.15516,3a,75y,145.43h,80.65t/data=!3m4!1e1!3m2!1skYUKsfjQgneRwYEs-CzTjQ!2e0?hl=en-GB http://www.rightmove.co.uk/property-for-sale/property-49955270.html I realise they are not desirable, being quite ugly. I also know the flat roof will require…
-
Another FTB needing opinions on homebuyer report
Hello We're first time buyers and have had an offer accepted on a 1930's end of terrace property, where the sellers have been living there for fifty years and seem to have taken good care of it. We need to have a mundic block test done on the property for the mortgage company valuation which will cost us £350 - but we have…
