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Contacting the other sides solicitor?
What are people's thought on contacting the vendors solicitors for a progress report (we are the buyers)? Our side have done all that can be done we are just waiting for the vendor now. Is it okay, do many people do it? Thanks
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Price inflated massively since sold 1 year ago
We're going to see a place this weekend marketed at offers in excess of £435k. Looking at RightMove the same property sold about a year ago for £335k. I asked the agent if the current owners had done something to the property to contribute to this big price increase and they said they weren't sure, but if they did they…
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Freehold change, walk away?
Afternoon all, After to some opinions if i may. I'm looking at buying a one bed flat in a block of 4. I was hoping to exchange in the next few weeks, just a few minor enquires to be satisfied. Today though my solicitor has dropped in the grenade that the freeholder is looking to sell. The leaseholders have till mid…
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Ideas for Safe/Off-site Storage of Valuable Documents
When I bought my house the conveyancer gave me a load of historic documents, relating to conveyance when first sold in 1930s, plus a number of current insurances and copies of the survey reports. I used to store this type of document with my solicitor, together with originals of school, college and degree certificates,…
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Taking out equity to buy a house in Australia
Hi there my wife and I are after some advice. We are relocating to Australia in august next year and currently own a 1 bed flat in London valued at 400k with a 160k owing. Our 2 year fixed rate is up in Feb and ideally we would like to take out some equity to transfer over to AUD and contribute to a mortgage in Australia…
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Mortgage provider on Buildings insurance certificate
Hi all, We should (finally!) be exchanging on our house on Monday but I've just had a call from the solicitor who has advised us that we must make sure the buildings insurance we put in place ready for exchange details the mortgage provider on the policy certificate! Does anyone know any insurance companies that will…
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Splitting a house
I am buying a new house and my partners parents are going to move into the lower ground floor. My father in law has motor neurones so they are going to turn the floor into a living area suitable for him and his disability which sadly will only get worse. We want their floor to be pretty self contained so that they have…
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Is it too risky to buy this house?
Hiya, long time lurker on this excellent forum, this is my first ever thread. I apologise if this is a dumb question, but we are FTBs and, by default, totally unexperienced and probably very naive. We are looking for a family home, and we have been offered to view a house this weekend. The house is located in a sleepy…
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Tax on lease extension
I am a freeholder of a flat, and the leaseholder is in the process of extending the lease ( via leaseholders solicitors ). I should hopefully get the money within a month or so,. How does the tax work, the property is in join names with my hubby. Thanks
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Landlord cancels tenancy 1 day before we move in!
Hello all, I'm looking for some help please. A group of friends and I were due to get the keys to our new flat (having signed the contract, paid the deposit and the first month's rent last week) BUT the landlord doesn't want to rent the house any more and the agents never got him to sign the contract. Needless to say they…
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House selling worries
Hello, Found a buyer for our flat back in July but our purchase fell through, found a second house but that fell through. We are now two months from down the line from receiving the offer and our buyers and estate agent are pushing us to rent the flat back off them. I first thought this was a good idea being first time…
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Solicitors or Conveyancers
Anyone experienced whether Conveyancers might be cost effective v Solicitors, but are they also competent to carry out the task satisfactorily?
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Renting- neighbours have key to our flat in case of fire?!
Hi everyone- not sure if this is the right place to ask but just needed to know whether the following is even legal.. So we live in a 1st floor flat of which the downstairs has now been turned into flats too. One of the flats apparently needs a fire door exit to meet regulations and they've said that this door should lead…
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Isn't it odd!
Now anyone can afford a new car, but not a house, forty years ago no one could afford a new car, but everyone could afford a house! fj
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When to buy
Is there a "best time to buy"? I mean for example in cars, it is cheaper to buy in winter etc.? Does this apply with houses/ flats too ?
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Completion date on Friday and neighbour has decided to start extension!
Hi, Can someone please advise. We are due to complete on Friday and our current neighbour has decided to start a single storey extension (last weekend), without notice (planning permission has been in place for some time). My question is do we have to inform the buyer? Could it jeopordise completion? Thanks Chris
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Agreement in principle or not
We've spoken to numerous advisers and estate agents over the last week or so who have provided really conflicting advice around whether a mortgage AIP is recommended/necessary. My girlfriend currently owns and will turn her existing mortgage into a BTL. I am renting. We will be applying jointly for a new mortgage to buy…
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Very basic mortgage question
Hi All, sorry, this is probably a very dumb question, but I just got confused. For the following examples, let's just assume these numbers for illustration, they don't need to be plausible. Suppose I get an Agreement in Principle, let's say a mortgage for £290,000 (plus £40,000 deposit), runs for 25 years, and it states…
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Has anyone been in this situation, buyer struggling to secure mortgage
We accepted an offer on our property on the 4th August to first time buyers, 29th August we had an offer accepted on a property. We were a bit suspicious that there had been no pushing from the buyers but just went with it. Everything seemed to be going slow but we were told everything was moving forward. We got our…
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Do you know Walton on the Naze?
A friend is considering buying a home close to the Naze, any comments on the area please?
