-
Rent Deposit
We are currently living in our first rented house, that took as a while to save for the deposit. We are now thinking of moving to another rented house but wondering what goes on with our current deposit? Is getting your deposit back before you move house possible? as obviously we would need another deposit for the new…
-
renting from council- year on year increases?
Another 2% rise in coming year's rent.. Are these ongoing rises hikes normal, nationwide- for council / private renting?
-
Thoughts on using a online estate agents ?
Opinions good and bad welcome . Thanks
-
Urgent help as mortgage appointment is tomorrow no building regs..
Hi all, I have my mortgage interview tomorrow but only just been told this information by the conveyancer. There has been a conversion to a utility room which has no building regs.. I am really not sure what to do now! I was going to get homebuyers report at £550 a full structural would cost me £1000 would this be…
-
Buyer reducing deposit right at exchange!
Hi all My husband and I are right at the last hurdles for selling our home. We've been chasing for exchange on our sale for a while, and today we heard from our solicitors that our first-time buyers called to exchange. However, they can only offer a 5% deposit instead of the usual 10% deposit. :mad: Our solicitors have…
-
Home Insurance - partner living with me
Hi All, I'm hoping to close on my first house soon and had an insurance question, hopefully this post is in the right place. My partner will be moving in with me but he won't be on the mortgage or deeds etc. Before I speak to my insurer I wondered if anyone here has experience of getting home buildings and contents…
-
Rent abatement ???
I am having a nightmare with letting agent / landlord with a list of repairs that needed doing since moving in 8 weeks ago. I have not been able to let dog in garden due to fencing down, no cooker for 6 days, then it was professionally cleaned now the thermostat is gone so no oven for a week again, no washing machine for a…
-
Difference in mortgage and homebuyers valuations
Currently in the process of buying a house (1950, 3 bedroom, midlands, in need of modernisation). Had offer accepted at £160,000. Mortgage valuation came back at this amount, have just had homebuyer's report today which has valued it at £150,000. The report (in summary) has some general wear and tear consistent with age,…
-
how long is reasonable to wait for completion?
Hi there, We are after a bit of advice...... Our story is that we are first time buyers and put an offer in on a house that was accepted 3 weeks ago. We knew that the vendor hadn't found a property at that point but we said we weren't in a real hurry as we are lodging with my parents at present. We had some pressure put on…
-
Buying a house through a Limited Company
I'm thinking of buying a flat for my son to live in for a year until he finishes college and then to rent it beyond that. The cost will be about £125k. I'm the sole director of a limited company and am thinking of putting the deposit down with money in the business account and mortgaging the rest on the company. I don't…
-
Rent increase & the General Index of Retail Prices
Hello, Quick question. I've received a letter saying my rent will be increased from 30th May. I've worked it out and increase is 2.778%. I'm in England. On a rolling contract now. Originally 6 month AST which started in May last year. My contract says - "On the annual anniversary of the commencement date, the Landlord may…
-
Services/utilities at new property
Hello, please excuse my ignorance on this but am after some advice :) Myself and other half have had offer accepted on a property. Full mortgage offer submitted and returned in writing as accepted and with solicitors. They have carried out searches and are preparing docs for exchange/completion. My question is re utilities…
-
Stamp Duty troubles
Dear all Can we ask the vendor to pay stamp duty? His asking price is our offer PLUS the stamp duty - its all hypothetical as he may well reject our offer anyway, but its the only way I see of being able to get a foot on the ladder! Thank you
-
keeping a level head when buying..?
Hi Folks, After viewing 5 houses that turned out to be duds, we have been notified of a property that has come on the market very recently. It ticks all the boxes for mine and the wife's requirements (family home) and judging from the photo's, requires very little work / improvements. The EA has just rang (i filled out an…
-
do I qualify for PPR election?
-issue solved-
-
Leaseholders jointly own freehold
Four flats in the building, each own 25% of freehold. Am I right in thinking that the length of the lease is irrelevant?
-
Service charge query
We moved onto a private estate last year. Building was up for sale at auction but didn't sell & we bought it privately. In the auction pack was a 'special condition of sale' compelling the buyer to become a Director of the Management Company which would form & take over all common parts of the estate once the last house on…
-
CGT Calculation help please
Can anyone advise how we calculate CGT payable for the following scenario? We purchased a second property in Oct 2012 which has remained empty. If we lived there for one year, then sold, how do we calculate the ratio of CGT payable at that point, taking into account the last 18 months of ownership are tax-free (so I…
-
Advice please re rent increase
Hi, I would really appreciate some advice on what to do next! We have been in our property for 3 years. We recently received a letter from the agents trying to raise our rent by 18%. There is a clause in our tenancy agreement (AST) that states our rent can only be increased in line with RPI, which I understand is currently…
-
Relocation from London
Hi, A question related to relocation: anyone here relocated up north from London? Explanation: after a 'nice' house price increases since we bought our flat more than two years ago in London, myself and wife where 'surprised' to see places like Leeds, where we can buy a bigger place, costing 60% of our property. If we did…
