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Buying property in auction?
Hello My parents live overseas and they are interested in investing in properties in the UK. We had a look at the option of buying houses from auctions. We have a couple of queries however and wonder if anyone could help? * I already have a Help to Buy mortgage under my name. Can I still buy and own an auctioned property…
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House extension building regulation?
Hi, Have done the planning permission bit and its been approved does anyone know what documents need to be submitted for the building regulations part please? or how it differs to planning permission? Thanks
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urgent query answer Asap PLEASE.
deposit funds need to be with solicitor by COB wednesday. Can you use online banking to transfer the funds tonight to the solicitors client account to reach it by COB wednesday or is there a clearing period i.e. 3 days? I guess sale will colapse if money isnt with Solicitors at appointed time. thanks
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Changed goalposts in purchase agreement...
I have a quandary and I'm looking for advice. I'm looking to buy my first buy to let investment property. I found a place; it was already rented out and I was told by the estate agents and the letting agent and the tenants that they wished to stay having been there 2 years already - in fact there was even talk of them…
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Water meter and leak!!
I have been trying to find a musty smell in my kitchen now for months. It has been here since I bought the flat 6 months ago. Now I have tried most things. I seem to have located something that under the sinks cupboards smell like a sweet/musty smell. I live in a block of 4 flats. 3 of the flats all occupants are out.I…
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When will we get a completion date?
We are currently renting a house and just started the process of buying our own. However, we need to give 2 months notice to our Landlord of when we are moving out. At what point in the buying process do you normally get a completion date? And how much notice do you get, on average? Thank you.
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Anyone bought a house without deposit?
We told our landlord in conversation that we are looking to stay in our rented house until we buy a house of our own. He instantly offered us to buy our current home from him but not pay a deposit for 4/5 years...!! He said this is a legit way lots of people buy the houses they already rent but I have never heard of it!…
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Problems found after formal mortgage offer
Hi We have been going through the process of buying a house for the past few months, we have everything in place: formal mortgage offer, deposit sent to solicitors etc, and we were planning on exchanging contracts this week. When the solicitor requested the final checks and funds to be released from the mortgage lender, a…
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Advice Please. Want to buy house from Mum but can't afford London prices.
Hi, My mother is moving from our family home which she owns outright, no mortgage, into another house she owns, outright, no mortgage. My brother has lived in the 2nd home for 15 years, rent free and will continue to live there with my mother. I have lived across the road from my mother and father (deceased) ever since…
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Replacing an old gas cooker.
I am intending to replace my old gas cooker and was told by the supplier of the new cooker that I would have to arrange the disconnection of the old one myself. After turning off the gas at the mains, is it a simple process for a non-expert to disconnect the gas cooker? The house is currently unoccupied, if that is…
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Can I claim this from HMRC?
Hi in the Summer of 2013 I spent approx. £3K renovating the vacated family home before renting in November. It's been in rental since but late in the day I need to notify HMRC and pay back tax. Can I claim and reasonably expect to get an allowance for work done to bring house up to rental standard almost two years ago- I…
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Letters Previous Tenant Debts
My Partner is clearing and redecorating house left by a Tenant owing rent. As various letters arrived demanding payment of debts I decided to call the Companies concerned (10 in total) to inform them of the circumstances. All except Virgin said they would stop the letters. Virgin asked if we had a forwarding address! They…
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First Time Buyer - confused about start date of mortgage?
Hi all, I am a First Time Buyer, currently had an offer accepted on a house and mortgage accepted. However, the mortgage is set to start on the 1st June(a week tomorrow) and the solicitors haven't even got the ball rolling yet. I understand that I will only pay the interest back from this date but is there any way to get…
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Selling half of jointly-owned property
My son is the joint owner of a buy-to-let property, originally purchased with his then partner. They have a joint mortgage, with about £190k outstanding. The property is worth in the region of £265k. He now wishes to sell his half of the property. It is all very amicable. There is a prospective buyer, with cash, who is a…
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Property investment club
Hi everyone, What would you suggest or how many other options are there to actually invest in properties without being chained for another 20 years because of the mortgage? 20 or even 15 years is a long time, half of my production life. I was looking a bit into tenants in common and also creating some syndicates to buy…
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How much to offer when flat maybe going to auction
So a local property yesterday was reduced (from what or how long on the market I couldn't ascertain on rightmove) which now puts it in my price bracket. Rang up dismorning to ask for a viewing was told 'Sorry the seller has changed his mind and is taking it to auction'. But then later a different member of staff from EA…
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Raising deposit now for new home, not moving in until next year...
I'm looking to sell my flat and buy another new build, like I did 5 years ago. The difference is, when I bought this I paid a tiny reservation fee and then moved in 5 months later, exchanging and completing the same day (when I moved in). Nowadays though, new build flats seem to sell out when they're barely even built.…
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Buying a house for someone else in Scotland
Is it possible to buy a house for someone else in Scotland without a buy to let mortgage? I am a carer and had to give my job up 5 years ago. I'm currently renting but for various reasons i would really like to move. My housing association & local council consider my child & I to be adequately housed & I have been on the…
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New leasehold flat could have subsidence should I sell up or wait?
Just bought a leasehold flat - Victorian conversion.The survey carried out a few months ago (due to delays with conveyancing) showed evidence of historic movement but not ongoing. I took the gamble and bought it anyway. Management company said in passing that a couple of flats are having trouble with floors sloping. I'm…
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Would you choose to live this close to a school? **UPDATED**
I've seen a house that seems to tick most of my boxes, only snag is that it's fairly close to a school. There's no direct access so parking won't be an issue, I was thinking more in terms of noise. I work shifts so often need to sleep during the day and wasn't sure whether the noise might be an issue? I know the advice…
