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To buy or not to buy - Wimpey No Fines
Hi everyone, After weeks of waiting for the end of the buying process, my mortgage application was turned down yesterday as the search revealed the flat I'm buying is of non standard construction (Wimpey No Fines). Apparently the owner wasn't aware (previous cash buyer) and the estate agent wasn't either. Now I have a…
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tradeing accounts
Hi All, I wonder if someone could help me out with this probably very simple thing. I recently become a landlord and I still have a full time job. We do it together with my girlfriend as a business, she does it in full time as a sole trader. We haven’t set up a ltd company as yet because we won’t make any profit this year.…
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Social Housing for Pensioner
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3 weeks later and still not accepted my offer
I'm a first time buyer, I put in an offer on a house 3 weeks ago, I was told that the vendor would probably accept the offer but it wasn't high enough for him to move into rented accommodation and so would need to move somewhere else (he didn't have anywhere to move to at that point). I called the EA asking for progress…
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Cost to knock down an internal wall and rebuild another?
Hope this is the right place! I know it varies but so I know what too look for when asking for quotes wondered what your opinions might be. We want to knock through the kitchen into the lounge and build a new wall to create a smaller lounge and a kitchen diner where kitchen currently is. Wall running along conservatory is…
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Section 106 Affordable Housing Contribution
We have recently applied to our local Council for planning permission to build a new home on a plot of land. The Council have told us we will have to pay approx a £20,000 contribution towards affordable housing before they will grant the permission to build. We are first time self builders not developers, has anyone faced…
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Part furnished contents Insurance
MY friend is about to take on a part furnished rental and organize home contents insurance. Can he take ordinary home contents insurance or is there some special insurance that tenants have to take out? The letting agency are suggesting he take out theirs which is 3 times higher and less cover than an ordinary one found on…
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Agency credit checks - soft search or hard search?
Current plan: Living in a nice rented house - rental is very high. Aim, to move to a tiny little flat for 4 or 5 months to save a little before buying a house Issue: When renting, you are party to a credit check by the agency or landlord; from what I know and have found out, it's generally a soft search on credit files…
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Fixtures and Fittings problem
Hi all, wondering if anybody can give any guidance. We're in the process of selling our house and are on the verge of exchanging with the hope of completing at the back end of next week. On the fixtures and fittings form we indicated that we would be leaving our washer /dryer as the property we're buying already has one…
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FTB, waiting for vendor to find a place
I need some advice on our situation! We viewed a property last week, put an offer on which after some haggling they accepted. We are FTB, the vendor is yet to find a place. We were told by the agent that the vendor was actively looking. Today (so a week after our offer was accepted) the agent rang to say they needed our…
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Received a draft tenancy agreement- Help
Hi All, I am just signing up to a 12 month lease and I have a couple of queries. 1) The lease runs from noon 25th Aug 15 to noon 24th Aug 15, shouldn't this be until 11.59am on the 25th? I.e if the lease started on 25th Aug 15 (lets say at midnight), then they would expect you to vacate by midnight 24th Aug 15. The current…
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Surveyors - anyone had this problem?
So i've got a really strange situation with a Surveyor/valuer. My mortgage adviser has never come across anything like it in all his years so wanted to check if anyone else has. Basically the mortgage was going through and they contacted the surveyor to get the valuation and report done last week. But rather than contact…
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Transferring BTL into Joint Names
My wife owns a BTL property outright with no mortgage, and the rental income is also in her name for tax purposes as she is a basic rate tax payer. She is now considering taking out a BTL mortgage on the property, but it is proving difficult to find a suitable mortgage as she fails the income affordability criteria. A…
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Misrepresentation. Nightmare neighbours
I moved into my new house in April. Since that time ive never had a peaceful weekend. 7 - 12 hours of continuous music blaring out into the garden every friday and saturday evening from a PA system until the early hours or loud drunken singing and swearing. On top of that two dogs that bark whenever they are in the garden…
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Viewing times
House for sale whereby it's vacant but the vendor/EA only allowing viewings at one point in time during middle of the week. Looks like its being sold on behalf of an estate. Any guesses why this would be? or is this very common?
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Building plot at Auction
We are very interested in bidding on a plot (with full planning permission) at auction - but also very nervous! We need to release funds from our current property. We have been told we are A1? so mortgage could go through quickly but balance will be due 1 month after auction if we purchase. We are asking our solicitor to…
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Private Landlord Help Please
Hello, Me and my hubby have been renting our house for almost two years now and have decided we would like to move somewhere bigger so we can start a family. We're currently with a letting agents however have changed over agents twice in the 18months we've been here. We've decided that ideally we would like to go with a…
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Buying a flat - poor maintenance by landlord
I am in the process of buying a flat. I really like the flat and location, so I should be quite excited. However the one concern I do have is the lack of adequate maintenance by the landlord/managing agent. There are some bits like unsafe electrical switches in common areas, and some of the wooden frames have not been…
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What would I lose as a seller if I pulled out during early stages?
Well, am a couple weeks into the buying process as some may have picked up from my other thread. Nothing has kickstarted except I have now paid £450 for a non-refundable valuation/homebuyers survey. Seller is currently on holiday. I'm worrying myself sick. Would a seller lose anything by pulling out of my offer on their…
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Do I need to buy the ex out of the mortgage?
Hi, I hope somebody can clear something up for me... Myself and the ex wife bought a house nearly 8 years ago (Feb 2008). We put down approx £5000 deposit of which she paid £4000. We both earned approx £17000 pa so deal when we were together was that the mortgage would come out of her bank and i'd pay the bills etc to even…
