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Shared Ownership Valuation
Hi all, I've lurked these threads for ages now but I've found myself in a bit of a pickle and registered to see if anyone can help with some advice. Basically in Autumn last year a relative purchased a 25% share in a re-sale shared ownership property. The property was built around 2005/2006 and sold then for £22,500. It…
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Recently bought a house with indemnity policy on electrics...
hi I'm hoping someone can give me advice or point in me in the right direction. I have recently bought a house and my seller took out indemnity policies on the electrics and gas boiler. Now having moved in I've had an electrician check out the mains and consumer unit. The result of which he says do not meet regulations and…
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Advice Needed On Purchasing Second Property
So I am in the fortunate position that I will be buying a second property soon, and will be letting a family member live there rent free. I have a question with regards to insuring the property for buildings & contents. Do I have to get normal insurance like I have for my main home, or do I need to get Landlord insurance?…
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FENSA certificate?
I'm selling my house in England. Two years ago I had the glass in the porch replaced with double glazing and a new door fitted. I used a FENSA registered contracted. Should I have received a certificate? I've searched on the website but there are no results.
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BARRATT homes cap on mortgages? help please.
Hello, Me and my partner have recently reserved a plot at Barratt homes in durham, we chose to have our mortgage through Nationwide through a personal mortgage advisor ,we have our agreement in principle and are all ready to apply fully, until Barratt homes told us at our last meeting that there are rules where the bank…
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Landlord letting agency dispute - can I keep the tenants?
Two years ago I used a letting agency to find me tenants. To cut the story short, from the beginning I never seemed to get any answers from the agency each time I called them or attended the office from getting a tenancy agreement to inventory or even not paying the rent on time (they blamed the tenants for not paying the…
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Change of name on deeds- Help from Land Registry rep please
My mother in law passed away last year , she left a will and everything including her house was left to my husband. He has obtained probate and we have now decided to renovate MIL house and move into it, we currently own our property. As far as I know the deeds are held with a local solicitor and until I looked at this…
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Webuyanyhouse - how do they dispose
Hi Our friend has just sold their house to webuyanyhouse, probably losing around 40k. I was just curious as to how they dispose of the properties they buy? Rent them out, auction them off, sell them via an estate agent or in house etc? Or a combination of the above depending on the property?
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outstanding problems before exchange: drainage, conservatory etc
Hello, I am in the course of purchasing a house and the vendor has set a deadline for exchange which is 28 August. My solicitor has written to me listing the following outstanding problems: 1. No planning permission or building regulation approval for the conservatory built in 2008 before the current vendor purchased the…
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Damp and old electrics - how does that affect getting a mortgage?
I've seen a house that needs to be completely refurbished as it's previous occupants haven't done anything in around forty years. The electrics are very old and no sign of a fuse box. It's also in a high flood area although I know the area well and the house clearly hasn't flooded in that time but there is damp under the…
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Change of deposit
Hello, Just an enquiry I original was putting down a 21k deposit but it leaves me completely broke my mom kindly now as said she will change her deposit for 25 to 27k. I am in the early stages of buying the house the only form I had handed in, is my id, for them to act on my behalf and my money laundering information,…
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Will being a guarantor affect a mortgage applicaion
Hello, My brother has asked me to be a guarantor on a flat for him, however I'm just about to apply for a mortgage mysef and will be going to get a decision in principle in a few weeks. I'm happy to help him out and fully understand the consequences, however if it affects me moving forward then I won't agree. So, what I…
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If the freeholder is the council, does that mean property is ex-council?
Just as the question, really! We've had an offer accepted on a property and done some research and discovered the freeholder is the local council. Does this mean the property is ex-council? Just as our mortgage lender does not lend to ex-council properties and now I'm worried! Thanks
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Standard construction house - concrete blocks, not red bricks
In the part of the country I recently moved to - many of the houses are built with those concrete blocks (rather than the small red brick construction I'm used to/prefer). They are perfectly standard construction though - not those concrete panels with steel rods in or any non-standard type construction. Concrete blocks…
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Help!!!!!! Received low offer
Hi All My house is currently up for sale for offers over 65k. Now it has been up for sale since christmas weve had about 10 viewings and 1 offer (idiot dropped out as he, 'found a more suitable property after we'd paid solicitor fees). We've recently decorated the house and it looks radically different and as a result had…
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Can a Letting Agent do this to us?
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Dodgy letting agency
I moved in and subsequently 6 months later moved out of a rental property recently. I was charged a £300 "admin ref fee" on application. I filled in an application form. However it would seem no referencing was done. When I moved into my latest property, after checking my experian credit report, there was a trace of it and…
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Will exchange go smoothly?
Good evening all, I have found this forum very helpful so far and have been using it from the very start of my mortgage application. We are now set to exchange and complete on Monday. There are three of us involved in our chain with two of us buying and the top moving into a friends to help complete the chain. All had been…
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being held to ranson to complete
We're currently in the process of selling our home, and we're now getting to the stage where we are ready to exchange and complete. There are only three parties in our chain, us being the middle one, our buyers are first time buyers in rented accommodation, having to give 30 days notice, the people that we are buying off…
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House buying process in UK - why exchange takes so long
Hi everyone I'm struggling to understand the logic with the house buying system in the UK. I'm baffled by why it may take at least 4 weeks? (please correct if timing is wrong) between offer to exchange of contracts. There is no guarantee during that period of a definite deal, yet you're expected to pay for non-refundable…
