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Homebuyer Report...potential issues
Hi, We have just received the Homebuyer Report for a property we're buying. It flagged some issues but the surveyor basically told us that there are no structural defects and the issues listed are par for the course for a property this age (built 1998). We've never had a survey done before and would appreciate any tips or…
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Basic questions about selling and moving to an off-plan home
I'm looking to sell my flat and move to another one. I should make around £40-45k profit from the sale, and have around £15k of equity in the property from what I've paid so far, so let's call it £60k in total. It seems most other new flats these days are sold off-plan and sell out by the time they're actually ready to…
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Eviction or lies?
Someone is claiming (just before they ask for money) that they are getting evicted tomorrow 4 weeks into a new tenancy renting a room in a house. Reason is they are behind with rent - even though they get housing benefit. My initial reaction is ''lies'' as my limited knowledge indicates a formal eviction cannot be achieved…
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Buyer visiting with architect after exchange
Anyone had an experience of a buyer visiting with architect after exchange of contracts? Exchange happened a couple of weeks ago with completion not until the end of July. The buyer first visited in Jan and left saying it only had 4 bedrooms he might bring a builder to see what could be done. We had no feedback on that…
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Buying property from father with the same name
Hi Sorry if this is a silly question , new to the forum and just getting to grips with how it works :j We are just about to buy a property from my father with the same name as myself . Seems a little crazy to pay hundreds of £s to employ a conveyancer to change the name to exactly the same name. I appreciate a little more…
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Do I rent now or wait to buy?
Hi all, Im 22 years old and have been in full-time employment 6 months. I still live with my parents but I'm looking to move out at some point, hopefully soon but I'm trying to think long term and not rush into anything. So i've been looking at whats on the market and could rent a studio flat in a very nice area for about…
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Renting flat versus buying
Hi all, I was hoping for some advice from you experienced and knowledgable folk. I am starting a new job in a nearby city in September and was wondering whether to rent or buy when I move over. I'm on a decent wage 31k, and my partner will be looking for a job (but for now lets not count her in for much as we don't know…
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Home Buyer Report in.
I recently had an offer accepted on a 3 bed terraced house which is approximately 100 years old. I am a First Time Buyer so out of my depth on a few of these issues and what the protocol is. Not entirely unsurprisingly the house this age has come back with a few 3's on the report. Roof Structure 1. Although signs of past…
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Our Buildings Insurance is up for renewal during the RTM process
We are currently trying to get the right to manage for our group of flats. We think this should go through in the end but our freeholder is trying his best to stop us from getting it - he is incredibly difficult and unreasonable. His counter notice was both after the deadline and invalid. However I have just noticed that…
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Dispute over heating repairs after sale
Advice sought? We recently moved house on the 24th of April and on the 7th of May we heard from the solicitor who did the conveyancing that the couple who bought our old house were making a claim against us for heating and plumbing repairs. On finding out about this I visited the old property to find nobody living there.…
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Buying a holiday home.
I am considering buying a timber lodge on a golf course complex. It is officially a holiday home that you have to vacate once a month and you have to have proof of residence elsewhere. I have this and can comply with the once a month thing, but I do intend living there MOST of the time. There is a ground rent of 3.6k per…
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Building Regulation Consent - house built in 2007
Hi, We are (hopefully) close to exchange on a property we are buying (first time buyers) and the last outstanding issue seems to be that the seller's solicitor hasn't sent our solicitor a copy of the Building Regulation Consent. Our solicitor says the Local Search states that the consent has been given, we just don't have…
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Due to complete and exchange in 3 weeks
Hi everything is in place, mortgage offer etc. We booked a holiday a while back that needs paying this week. All deposit and fees we have cash for but the holiday we will need to pay on credit card. £1900. Affordability wise we are way below our bracket in terms of what we are borrowing. If this is paid two weeks before…
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What's the norm? - mortgages and Japanese Knotweed
Having moved to an area where there is a noticeable amount of this stuff around - I am now wondering what the norm is re mortgage companies refusal to give mortgages when its around. - Would it be the case that every single mortgage company would refuse a mortgage if the house itself had it in the garden? - What percentage…
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Giving notice at the end of a fixed term rental contract
Hi, I had a 12 month contract and then I thought about going to periodic but the letting agent said the landlord doesn't want this. So I ended up with another 12 month contract which is due to end at the end of July. The normal notice period is 2 calendar months per the contract so to leave at the end I would need to give…
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Letting agent change
Hi all, An odd one here. At the start of the month the standing order that pays our rent (rented property, myself and partner on contract) bounced, talked to the bank and was told it was because the other account either no longer existed or was closed. So I tried to call the only phone number we have for the letting…
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Buyers Cant get a Mortgage
Hello Everyone, Ill try and keep this a brief as possible, but its a long story. I live in a converted terrace house, owning the ground floor flat, which is a 1 bed, a nice little yard, on the main road of a small town, just 40 mins train ride to Central London. Above are other flats and the same for neighboring…
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Moving overseas - renting out house. What do I need to do?
I have accepted a job in SE Asia and I am now trying to organise renting out my house whilst I'm away but I don't kno what I need to do to make it all above board in terms of tax, mortgage, tenants rights, gas certificates etc. can anyone offer any guidance / checklist?! Thanks
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How much will extending my lease from 73 yrs to 99 yrs increase the value of my flat
I'm going to extend the lease on my flat from 73 years to 99 years. I bought the flat very recently for £180 000. Approximately how much value will I have added by extending the lease? I'm only asking for a very very rough estimate as I know it depends on other factors too, including the market etc. Any vague suggestions…
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10 year old flat with no completion certificate
I hope someone can help me. I am in the final stages of selling my apartment with a one week deadline to exchange contracts to prevent the chain of 5 collapsing. I discovered, yesterday, from my local council, that my apartment block which was build 10 years ago hasn't been "signed off". I am at my wits end. Can this…
