House buying, renting & selling

Discussion List

• Tenants in Common advice please!

  Hi I'm hoping someone can provide some advice. I'm in the process of buying my first house and moving in with my girlfriend. The house needs a lot of work done to it. I'm putting down a 30k deposit and estimate that the cost of work being carried out to be about 20k which I'm also paying alone. Mortgage will be 85k. She's…

• Buying House, Planning Permission and Builidinbg Regs Issue

  I've had an offer accepted on a a house, a 4 bed detached, looks to be in excellent condition. Mortgage valuation down valued it by 30K, but we really wanted the house, so were proceeding for now as we will be able to make up the mortgage short fall, and absorb that. Vendors refused to budge on price at this point any way.…

• concerns about anticipated works

  Hoping to buy a flat with SOuthend Council as the leasehold. The solicitor has jsut sent me through the search results so far. It tells em there is a reserve fund of £1301.35 but amticipated works has listed: INternal/external decorations 2013-2018 "cost is to be likely in the region of £1000. and the biggee: Asbestos…

• Tenant in arrears of final month's rent and property left in disrepair

  I am a landlord of a property in Essex which I pay a letting agent to manage being a distant landlord (10% a month, plus first month's rent). Tenant gave notice, property was re advertised and re-let through sae agent, all was fine...or so I thought. In the check out inspection various issues were raised regarding…

• Mr

  Hi all, I have had to pay some money to an estate that I doubt its legitimacy. Background: My son, a university student in his second year was looking for student accommodation through an estate agent. In addition to the Estate agent Fee (£180), Holding rent and 6-week Rent Deposit, he was charged with Guarantor's fee -…

• Belvoir Manchester City Centre - Recipe for disaster?

  Just wanted a bit of advice here. We have a flat viewing soon and if the pictures are accurate the property is very nice. However, it is marketed by Belvoir Manchester City Centre, who have appalling reviews. Just Google search "Manchester City Centre Belvoir reviews" and read the Google reviews and the ones on AllAgents,…

• Equitable charges.

  Has anybody bought a house before with equitable charges on it before? I've seen a property this morning online, checked the title deeds and there's 3 equitable charges on it. I emailed the estate agent who assured me that it's in probate and being dealt with by a solicitor who has set the asking price to cover the…

• Agent let buyer move in before exchange

  hi all, Hoping I can get some advice. I currently live overseas and am in the process of selling my investment property in London. I have a buyer lined up and we are probable two or three weeks away from exchanging. My tenant moved out a few weeks ago so the property should be vacant. I found out today that the agent has…

• Can my partner sign my rent agreement on our behalf?

  My partner and I are hoping to rent a property. She will be attending a couple of house viewings next week but I can't go. If she decides to rent a property, will she be able to sign an agreement on behalf of both of us? Or do I have to be there as well? Would really appreciate any advice on this. Thanks.

• Mortgage Valuation-Downvalued by 30k

  Hi all, Hoping someone has been through something similar and can advise! I had my mortgage valuation back yesterday on a property I am buying and it's been down valued by 30k... The bank have issued the full loan anyway, so I'm told I can still pay the price that has been already accepted, but I shouldn't obviously ignore…

• Splitting funds on completion of property sale

  Hi, I was wondering if someone could advice me, I bought a BTL property whilst I was married. I added my husbands name to the mortgage application because I was self employed and it helped me in getting the mortgage. I've always paid the mortgage and any costs relating to the property. We divorced a few years ago and I am…

• tenant in occupation

  saw this in an advert for a flat for sale - what does it mean?

• Estate agent didn't tell me I wouldn't be able to rent the flat out I was buying.

  Hello All, advice needed please. I had an offer accepted on a flat that I was buying for investment purposes and the estate agent was aware of this when I put the offer in. I started the legal purchase process but my solicitor noticed that in the lease it says the flat cannot be let out. I will now have to back out from…

• Any disadvantage to top floor flats?

  apart from walking up the stairs... my thinking is that there's nobody above you so less chance of noise

• Land Registry Search

  Just reading up on Land Registry Searches and they can take between 2 days and 30 days+. This appears to be due to specific local authorities and their resources. Is there anyway to check the turn around time for specific council? Ours would be Staffordshire Moorlands. Any ideas? Thanks

• Scared to buy - is it the right time for me?

  I'm a single first time buyer luckily in the position where I can now quite easily afford to buy "something". I have seen a house which I could get with a 65% LTV mortgage which I've worked out would cost me 20-30% of my gross monthly salary (depending on term) due to a good staff mortgage rate. Or 30-35% on an average…

• Unsure what to do next

  Hi there I'm looking for some thoughts and advice on our situation. I rent a little house with my daughter. Recently my partner moved in with us and the landlord is ok with this. He has a house he rents out with his ex wife. Which has a host of issues with it. This house has a tenant and they are now going to sell it as a…

• Building Survey Results

  We are in the process of buying a house and have had both a mortgage valuation and a separate Building Survey carried out. The mortgage valuation came out at the purchase price, but the survey identified some essential repairs (to be honest most seem just routine maintainence jobs to me) and has valued the property at £3k…

• Increasing a tenants rent.

  What is the correct procedure when it comes to increasing a tenants rent? My tenant has been in the house for over 4 years with no rent increase. And will I have to issue them with a new contract? Thanks.

• In the middle of a mortgage application process and accidentally gone into overdraft.

  HI all, I'm freaking out a bit. I was just going through my partners accounts with him and found out that he'd very kindly paid for his friends flight to a stag do and the friend was going to pay him back in a day or two- usually that's ok but not when it's using his overdraft and then when we checked it meant he went…