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Share of freehold
Hi, I am in the process of buying a flat which is converted from a house into 3 flats ling time ago. It is share of freehold with no management company. My silicitor raise a concern on not having a management company and said that it may not be easy to sell as some mortgage companies do not offer mortgages when there is no…
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Right to buy - is this a lemon ? Sec 125 estimated repairs
I'm helping my friend think about whether to go ahead and try and buy her maisonette. It's ex council in a block of 14. 4 stories high - so a two story on top of a 2 story. It's East London, an area which is seeing regeneration but it's a way away yet from completion. Only 2 other people own in the block so far. One lets…
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Stagnant House Prices
We are first time buyers looking to purchase a property in Portsmouth advertised at £110,000 but the estate agents have advised that the seller will accept offers in excess of £105,000 (and think an offer of £105,000 would be accepted). Checking past sold house prices I can see that this flat was purchased by the current…
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Landlords have turned nasty - what can we do?
Our landlords of 10 previously good years have turned a bit nasty and we are looking for advice & help. (I have tried shelter but they keep saying line busy try later). We have been renting from a private landlord since 2005 - they have known for over a year we were looking to buy and we "officially" gave our month's…
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Continue to rent out or sell
Hi all, I'd really like some impartial advice or to get a general idea of what to do. In September of 2013 I purchased an apartment in the new Mann Island in Liverpool's dock area, and due to a fortunate combination of circumstances I acquired it for an excellent price. It is the only property I own. However, I moved back…
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Boiler cover for landlonrd
Hello, I am a new landlord. Just let my flat to a couple who are students. My landlord insurance does not include boiler or home emergency cover. I started browsing and cant find any company who would provide a boiler cover for a landlord. Only British Gas, which is GBO 20 a month. Its toot expensive. I could find better…
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How often to pester solicitor?
Hi all, 4 weeks ago our vendor had an electrician and gas man go around the property to do a report, we were told she gave the report to her solicitor not long after. A week and a half ago we sent out solicitor a bunch of questions (as a result of initial paperwork being sent through). We have yet to see this report and…
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1 week holiday home type renting out
I have a house which I've been renting out through an agent for the past few years. Recently it has been vacated and I plan to relist it on the market. However, there is a big conference coming to town soon and I'm thinking of renting out the house/rooms for that week. My agent doesn't do this type of leasing so I'm…
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Building Survey Results - Roof and Drains Issues
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Financial adviser query
We have recently pulled out of a house purchase (long story). The financial adviser we used to arrange the mortgage worked on commission but is now saying that he will be sending us an invoice to pay for the commission he has lost out on with it falling through. We were not told this by him and have nothing in writing to…
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Completion advice
Having read this forum, the consensus is not to complete on a Friday. I want to know how long does it take for money to be transferred to the solicitor? I am on a tight schedule as my tenancy ends soon and want to get things wrapped up asap. Lets say if I exchange by This Friday, will I be able to get completion done on…
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Paralegal delays completion: gifted deposit issue
Deposit for the house we are trying to buy comprises savings of both mortgage applicants and a gift from mother of one the applicants. The mother has no wish to reside in the property being purchased. Lender, Nationwide, offered the mortgage once they received a form signed by mother stating that some of the deposit money…
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Advice on chimney lining on house I'm buying
Hey all, Just wanted some opinions please on what you would do/think in my situation: Buying a house with a lined chimney but they are taking the log burner with them. On looking into installing a log burner, I have been told that when the flue lining was installed it should have been tested and have a certificate of…
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Council Housing Query
Hi, I have been staying at my parents house ( which is a council house) out of term-time while I have been at university. During term-time I lived in student accommodation, and as this was my main address I was registered to vote/on the electoral roll at the student house but that tenancy has now ended. What I'm looking to…
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Question re Housing
Hi over 23 years ago council allocated this house due to my son being disabled , now time has moved on and I an in my 60's and have been told when I die my son now 35 will be evicted 6 months later . They charge him rent , I have asked for a joint tenancy agreement but they have said no . Any advice
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Valuation and underwriters decision
Hello, I phoned the mortgage company and they say that the valuation visit took place at the end of last week. They will have the report tomorrow and the underwriters decision on Friday. I want to know if I should go ahead with the other work tomorrow, what questions can I ask? Basically I need to know if the lender will…
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Taylor Wimpey Exchange of Contracts and Options Meeting
Hi everyone, We are in the process of buying a new Taylor Wimpey home which is due to be completed December 2015, originally it was due for completion January / February 2016 and so we were waiting for the process of contracts and full mortgage application once we were within the 6 month window, last week we were advised…
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Schools and housebuying
Rightmove has a section in each advert which shows the local schools. I don't have any children so haven't paid attention to it in the past. However I have had a look at a few lately and the local schools in some of the areas I have looked seem to have quite poor ratings. I would be interested in hearing some opinions: How…
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Possession of property - Advice please!
I received a possession of property because the section 21 notice had expired and I had not found anywhere else to rent. Previously the landlord wanted to sell the property within 2 months of a 6 months tenancy. I thought this was unfair as I had barely settled in and didn't want the first 6 months of my tenancy to be…
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Rentguard...
Has anyone used them before? What do they actually get to see?
