-
Are these fair early surrender of tenancy fees?
I am into only two months of a 12 month signed tenancy agreement, but I am unhappy with the property (It is a 1 bedroom purpose built flat)and want to look for somewhere else, I am unhappy for the following reasons. 1.The property has storage heating, which means when I go away for a few days I haven't got any heating for…
-
Remortgage or not?
Hi, I am in the process of looking for a new house, mine is on the market but so far there have been no offers. My current initial deal on my mortgage is about to come to an end, and when it goes onto the SVR my payments will be going up slightly. I've had a look and I could remortgage with Nationwide, paying no set up or…
-
advice please
Hello, I'm looking for a little bit of advice... Circumstances are; My Sister lives in a 2 bed terrace in Yorkshire in a house bought cash by her father in law 3 years ago. The deal was that they would save up a deposit in 5 years to get a mortgage and buy it from him. now my part.... I will be looking to move back up…
-
Buying the 20% - Share Equity Options
Hello everyone, I'm asking on someone else's behalf so I can't give 100% specifics... If someone (one person) purchased a flat 4 years ago using a share equity scheme and wants to now repay that 20% share equity, what are their options? One broker has said the only option is to extend the current mortgage (pending passing…
-
Advertised lease length much less than actual. What to do?
I've recently had an offer accepted on an apartment, which was advertised by the estate agent as having around 990 years remaining on the lease. I've had a formal mortgage offer, following their valuation (they were told at the time the lease was 990 years remaining), but now the solicitor has come back with some of the…
-
Tax implications of loaning a house deposit
Hi all I'm expecting my first child with my partner - we aren't married. My 85 year old Grandad rang yesterday and said that he had been going through his finances and had realised he actually has quite a lot more money than he has accounted for in his will. He has offered to lend OH and I some money for a deposit to buy a…
-
residents association bank account
Hi. I'm chairman of a residents association. We are a small estate and our association is just to be involved with the council and upkeep of our area. We not only benefit ourselves but the wider community on local issues. The council require us to be a residents association and so they can give us a start up grant for…
-
Landlord woes
Hi, I am new to this site so please go easy on me... I have a property that is currently rented out. I plan to sell the house when the tenancy agreement runs out. I need to complete some works on the house in order to sell.Ideally I would like to start the work asap. The tenant has got wind of this somehow ( agents) and…
-
Retrospectively fit a built-under freezer?
I don't know whether this is the correct forum, but I am in the process of buying a home and could do with some guidance with regards the kitchen. Looking at the pictures on Rightmove/EA web site, there is insufficient space in the kitchen to accommodate a fridge and freezer (or fridge-freezer). The vendor has refurbished…
-
Sale fall through next mortgage application
Hi, I am FTB, a sale on the property have fell through after the mortgage application is submitted. (Halifax). I was been told that halifax have already done the Credit check. Let say if we dont find another property anytime soon how does it affect my next mortgage application? It could be with another lender and prob. for…
-
Making an offer and told it's sold
Hi I made an offer on a property just over a month ago. Didn't hear anything from the estate agents for over a week after that. I then contracted them again to see what was happening and they said the vendor had gone with another party and the property is Sold and there would be no more viewings or offers. Ok far enough…
-
Homebuyers survey results. Renegotiate??
Hi there, we had an offer accepted for 160000 on a property on the market for 195000. We were really chuffed with this. We had information from our vendors solicitor stating that the house was in a satisfactory state etc and stated the damp proof course had been done many years ago but was ok. The survey has informed us…
-
private water & drainage supply
hello, the valuer has requested us to test the private water and drainage supply... does any one have any recommendations? we have rang the environmental health to test the private water but the wait is 30 days:| we are already on the 13th week so don't really want to wait 30 days! I have also obtained quotes for drainage…
-
When do I need to get house insurance and what proof?
Hi all. I'm in the process of buying my first house. At what point do I need to set up house insurance and what constitutes as proof of insurance for the mortgage company? Obviously the contract has not been exchanged yet. Thanks. Rik.
-
Understanding a survey
Hello MSE'ers I've just had my survey report come through for purchase as a FTB, so I don't have any experience with building works and understanding the report as a whole, is there anyone who can give some general advice on the following points? These were the 3's that the surveyor gave the property. As a result of…
-
No consultation for major work by managing agent
Our managing agent carried out some major work last year with no consultation. When I queried this, they told me that they met with one of the leaseholders (director) on site, - I asked said leaseholder and he has confirmed that he was no consulted. I understand under Section 20 that there is a consultation process for any…
-
Making a post-sale agreement with the Vendor
Hi We're interested in a property, but we're sure that it's over-valued by the vendor. It's a pretty unique property with no similar local properties or historical sales to base a valuation on. The pool of buyers willing to take it on will always be very small. We don't want to "overpay" as we expect to sell the property…
-
Buying council land for parking...
Hi, I’m in the process of negotiating a small strip of land to the side of our house – it’s been subject to anti-social behaviour, fly tipping and we’ve recently been broken into – oddly it’s a nice area but we seem to have the only dark nook in the neighbourhood so I’d like to ‘plug the gap’ and create some off road…
-
right to buy with my father
hi ,new here and hoping someone can help. I have lived with my dad all my life(33 years) and he wants to buy his flat now with my help.He is now 55 and retired due to injury at work.I am not on the tenancy but the council have said i have the right to be on the RTB forms to help with purchase. Can i get the mortgage in my…
-
Address not listed for buildings insurance
Hi everyone, I'm due to complete contracts on my new home next week and the solicitor has now asked for a copy of the buildings insurance schedule. However, my new home is a new build and despite the address showing up on Confused.com and the like, when I try to click through to the main insurer page the street numbers…
