-
Lettings Agent query - can they do this?!
Just wondering if someone can advise me on the following please? We have been in a 2 bed masionette for approximately 6 months now. Within the first 3 months the lettings agents contacted to say that there was water leaking from our bathroom and into the lady's flat below us. We agreed that they could come in and…
-
Buying my first house - stamp duty land tax ADMIN FEE?
Hi All I'm currently in the process of buying my first home and my solicitors have told me that I'll be expected to pay a £75 stamp duty land tax admin fee despite the fact that the value of the property doesn't meet the minimum £125,000 threshold for stamp duty. Am I getting ripped off or is this just the way it is and…
-
Building plot adj to unregistered land
Dear users I am in the process of purchasing a parcel of land with planning permission to erect a 3 bed house. The parcel of land is accompanied by a title register outlining the extent of its boundary in red. The parcel of land is bounded by a vacant plot which is not recorded on anybody's deeds nor does it have its own…
-
What is the termination period on this Assured Shorthold Tenancy Agreement??
I have a AST agreement under section 19A of HA 1988. in the definitions it states term means a term of 12 Months starting on the commencement date. tenant's notice period means one month. Later in the agreement it states: termination by the tenant: if the tenant requires to terminate this agreement the tenant must give…
-
Becoming Estate Agent?
Hi everybody, Just wanted to know if any of you estate agents (former or serving) could fill me in on the legal loop holes to jump though to become a legit freelancer if you would please? So far I have I have discovered that you need to be registered with The Property Ombudsman, need PI insurance and a registered company?…
-
what size of house is big enough?
What size of house is big enough to accommodate 2 adults and 3 kids? I know this is a very subjective question so don't have a go at me!!! Just wondering what people think. If u are a family of 5 how big is your house and do you think it's big enough?
-
First time buyer, strange email from estate agent.
Hello, I have contacted the local estate agent 4 times in the past 10 days asking for a viewing of 2 properties. Only today have they managed to arrange a viewing of a flat that appears to be rented. I am interested in viewing the property to buy. The estate agent have sent me a strange email stating that I should not…
-
Urgent advice required regarding renting!!!!
I need some information regarding renting a property, this advice is actually for my daughter & I am desperate for any "Proper" advice that any one can give, she has sold her house (due to a divorce) & has to find somewhere to rent but the agents are all saying that she has to be able to prove that she earns 2.5 times what…
-
Advice wanted on poor BTL investments
Hi All I would appreciate some advice please. I am an amateur BTL landlord who regrettably bought 2 x properties back in 2005/6 that are now in negative equity to varying degrees. I’m sorry I ever bought them to be honest. I know I should have done more research and not been seduced by “easy profits” promoted by Sarah…
-
Alarm bells? offer rejected..
Hey guys, I put an offer on a property last Thursday, which I have just had a call now to say its been rejected, but not because its too low. The offer got rejected as I am paying for it with a remortgage from my own property, she believes this will take about 6 weeks to complete and doesn't want to wait in case I pull…
-
Using mortgage for improvements
Hi, I am a first time buyer and have a max budget of £175,000, this is important as I have a deposit of £35,000 meaning I benefit from a 20%ltv rate. I am debating a property at the moment that's on the market for £175,000 however needs some renovating so am looking to bargain down to £165,000, if I manage this is it…
-
Energy Performance Certificate – how are the various components weighted?
I am about to put my house on the market and need to know how the various components are weighted in relation to the overall score of an EPC. I know I should score well in areas like cavity wall and loft insulation together with double glazing but not so well with the heating system (10 year old CH boiler) and not all…
-
Time between exchange and completion
Hi All, Myself and my OH made an offer on a property last week which has been accepted. The couple living in the house have sold it to a building company in part exchange for a new build they are buying, this was explained to us before we put our offer in and we were aware that it would be several months before the new…
-
Lag between completion and moving in
I hope to complete in the next week. I won't move in to my first house for a few weeks. I'm still at home with my parents. There's no rush to move in straight away. What should I do between completion and moving in? I've looked up checklists for moving, have found someone who will change the locks. I'm looking for a…
-
Mum lending 10k for deposit - is this taxable?
I'm a FTB and have a sale agreed. I've registered with solicitor and ready to instruct them (just waiting on a named conveyancer from the firm to pass to agent). My mum has agreed to lend me 10k for my deposit on top of my own savings. I just pay back whenever I can. Going through the mortgage with the building society…
-
House needing extension- mortgage??
Hi I am looking to buy a house that needs an extension. My question is- would it be better to get a larger mortgage now to include cost of extension - or increase my mortgage at a later date- as I assume this would have remortgage fees? Hope that makes sense
-
Unadapted road
Just found out the flat I'm buying is on an unadopted road and there is currently no s38 in place for it to be adopted. There is indemnity insurance in place though. Would it put you off?
-
Please help- What are my rights?
I share a two bedroom flat with a housemate. This guy was a stranger to me until my landlord moved him in on 1/09/2014. He was moved in without a contract or a deposit and he has not paid rent the entire time he’s live here. All bills are included in the rent, except electricity which is supposed to be split between the…
-
Overseas property agents
I have been trying to sell my overseas property for a couple of years and have been led a merry dance by various agents. Many of whom have asked for large sums of money to promote my property. However, I feel if an agent is getting the commission and I have provided descriptions and photos I should not have to pay extra.…
-
Time to sell my flat and quit BTL?
Morning all, I have a two bedroom flat which is now empty (was let until recently). My original plan about 10 years ago was to have one property rented out then save up to buy somewhere to live myself. In between time living at parents or lodging at a friends house. This was with the idea of not having to work forever and…
