-
Noise in flat - Communal boiler/heating - Who is responsible?
Hi, I wonder if anyone can help. I am a leaseholder in a council estate. Over the last few weeks, there is a whistling noise in the bedroom which is coming from the wall, towards the ceiling. There is an area on the wall where it looks like it is some sort of ventilation and when I touch it, it is hot. It sounds like an…
-
Gap between contract exchange and completion - Suggestions please
Hi All We are in process of buying our first home, everything was going on rather fast pace and I was hoping to move in sometime in June. The house was offered as No Chain and hence we were sure to move in asap. But yesterday, estate agent called and said, although every document is in order but the vendors are not…
-
Best London borough for positive cash flow real estate investment
Hi all, I've been looking at properties in my area, Dulwich (southwark) and found that a typical 2 bedroom for around £750,000 would only rent out for £1600 per month. That would give me an abysmal cap rate, negative cash-on-cash return and ROE (not to mention heavily negative cashflow). I should probably mention that I…
-
Leaving private rented property, need a bit of advice
Need a bit of advice, Have been offered a property by a local housing association and want to accept it and the housing association are saying the property is ready to let right now and they have all the tenancy agreement drawn up and even the keys I think, but my understanding is you always need to give the private…
-
My mum buying my flat as buy to let
Hello all. I'm hoping someone can give me some advice on my current situation. I've got a purchase going through on a house, my mum is going to buy my flat off me as a buy to let. She got refused her first mortgage by santander as it was selling to a family member. My first question is is likely to have difficulty finding…
-
having trouble with a house we are buying. HELP!!!!!
Hello This maybe along post so bare with me..... We were looking for a new house closer to my wifes family and work, and we were going to rent our house out. Back in November 2014 we found a house we liked and after 2 weeks we finally managed to get a viewing, we really like the house, its perfect for us and quite cheap…
-
Any ideas as to cost of bungalow extension?
I know...how long is a piece of string?! But didn't know if anyone had any idea of a possible starting point for the cost of building a bungalow extension involving a ground floor extension plus a loft conversion/addition? On Rightmove, postcode NG15 9EB (sorry I can't post links!) it's the bungalow property . If you…
-
BBC 5 Live: Leaseholders overcharged by £1b a year by landlords & managing agents
A recent BBC 5 Live Investigates radio show reveals that leaseholders could be overcharged by as much as a staggering £1 Billion a year according to an industry professional. Fraudulent billing resulting from "rigged bids" has been suggested by Sir Peter Bottomley, Con MP for Worthing West, who campaigns for and speaks on…
-
Home Reports - Scotland
Anyone any experience of being asked to have a home report refreshed by a buyers lender? I am wondering how close to their mortgage offer this happened?
-
Insuring house in Scotland
We are in the middle of our house purchase in Scotland. Hoping to conclude the missives tomorrow with an entry date of 24 July. I am used to buying / selling property in Wales whereby you had to insure the property at exchange as that is when you are legally bound to buy the property and anything could happen between…
-
Leasing Q&A
Hi First time buyer. With our budget, will not be able to afford anything more than 2 bed leasehold flat. Hope someone wiser can help or refer to links where I can read more on the followings: * Is it true if remaining lease is below 70 years, it would be difficult to get mainstream mortgages? * Is the freeholder legally…
-
New build flat with no permanent parking
Hi, My wife and I have recently viewed a showroom for new build flats, the flats are very high spec and are a 2 min walk to the station, very close to the supermarket and a 5-10 minute walk to the city centre, so we are very interested in them. However, the flats do not have a permanent parking space. Instead the…
-
No response from EA about offer - advice?
I would have thought this had been asked on the forum before but I can't find much. I placed an offer yesterday lunchtime, it was a cash offer below the (unrealistic) asking price. I felt it was honestly a decent offer at the market value. I didn't attach any timeframe or provisos to the offer. I was rather hoping the EA…
-
affordable housing
I have bought a new flat under an affordable housing scheme for the over 55's, which apparently was 61% of the open market value. I know the lease states that the flat can only be owned by some over 55 years old but is there any restrictions on my being able to sell it in the future price wise ? Also, is the Council Tax…
-
house buying predicament - help
We've been trying to buy a house for 6 months now - we had a homebuyers survey which was OK (they always pick up lots of little things, right?) With hindsight we should perhaps have got a full structural survey, as ... There are a couple of areas where further work has been undertaken on the property: two receptions have…
-
Is landlord responsible for repairing oven & hob
I live in a rented property, and have done for over 2 years, never missed a rent payment, or caused any trouble. At around the same time, the thing that sparks on my gas hob stopped working, and my oven turns on, but does not heat up. I informed the letting agency, who spoke to the the landlord, and they got back to my…
-
Building regs query
Hi, I've been researching the following query on good old Google but have not found a definitive answer yet. The current owner of the house we are planning to buy blocked up the doorway from the house into the garage and inserted a new doorway into the side of the garage. The new opening into the side of the garage seems…
-
Am I being too cynical?
Hi, I have some land next to my house and an architect is coming for a free visit to see if its possible for me to build on it. Am I being very cynical to think that an architect will always be very optimistic about planning permission as he will get money (thousands) for initial drawings, submissions etc no matter what…
-
Neighbours' garden?
Hello Just after some advice as I always get good tips from here Our back garden is surrounded by three neighbours, one to our direct right, two to the left and one directly at the back. Now the ones at the back are what I am querying. We only have one large fence panel separating us and last summer we had to block it…
-
Letter before action- iv had a reply!
So i sent a letter before action this morning to my ex landlord as she had stopped communication since i moved out on the 18/05/2015 and refused to give my deposit back. I sent the shelter letter as she had also not put it in a scheme and have just had a text off her asking for my bank details to put the deposit back in…
