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Think landlord is getting the house reposessed
Wondered if anyone can give me any advice. Receiced a letter today from a company saying ..... Mortage express, who hold a first charge over the property have appointed so and so as joint LPA receivers on behalf of landlord (deceased)....(landlord died a year ago but his wife took over)<br /> <br /> Lsl(who sent letter) is…
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Sole Selling Rights - offer made by previous agents interested party!
We had our house on sale with a previous estate agents and in June they had someone interested but they had not put in an offer. In September my wife had signed a SSR with another estate agent and today we have had contact from the previous estate agent with an offer for our property which we are happy to accept. If we do…
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shared ownership and remortgage question
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Just a quickie :)
Hi guys, Just a quick question. We are buying a bungalow that currently has tenants in, they are moving and landlady has decided to sell. All is going well so far and searches should be back any day now, however, my girlfriend went there tonight to see the place again and got talking to the tenant who said that they will…
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Divorce & Rental Conundrum
Person 'A' doesn't work and wishes to separate from person 'B' and move out with their children from the mortgaged family home. Until person 'B' gets a job and an income other than benefits their rental options are unsuitable/non existent. Could a joint tenancy be proposed to a letting agent which would sail through any…
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Shared Ownership Flat
Hi all, just after opinions,advise and thoughts really. I am currently single and renting a one bedroom flat for £520 per month. Like most people I would love to own my own house and the initial plan was to save over the next 3 years with the new help to buy ISA and hopefully have enough deposit to buy a 2 bed house. The…
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Help deciphering survey results!
We had a full building survey done today on the house we're buying. Full report will take 3-5 days to arrive, but the surveyor has sent us this summary in the meantime- 'No detectable evidence of significant defects were identified but penetrating/rising damp meter readings were recorded in front bedroom and rear reception…
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Property taken off the market
Hi everyone, I viewed a property a few days after it went on the market and put in an offer a few days later, which was rejected. I then increased my offer and told the estate agent that this was my final offer as this was my limit (which was true), but my offer did equal the home report value. The estate agent said the…
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Previous owner angry visit
We moved into our house at the end of August. The time up to exchanging was fraught with stress all due to the owner of the house were buying (delaying things, changing completion date several times) Since moving in, we've had lots of post for them, including credit cards etc which we have spent time on the phone dealing…
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buying a house taking much longer than expected?
We had an offer accepted on a house on the 29/05. Almost 5 months later we are no closer to actually buying the house then we were when we had the offer accepted. We've done all we can in regards to getting a solicitor, mortgage offer is sorted etc. We've paid for searches and surveys and these have been done. Our…
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Late completion on property purchase
Hi there, Looking for some assistance please... I exchanged on a property last week and was due to complete yesterday (20th October). The property doesn't have a chain as the current owners are moving back into their parents whilst saving for a larger deposit. I got a phone call from my solicitor yesterday just before…
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Delay in Contract Exchange
We had decided on a property, set to complete end of September. A day before contract exchange the vendor's solicitors informed that this will be delayed until end of October. Our expenses shot up as a result of temporary accommodation and related things. Now they are ready to exchange and we decided to ask for a 5K…
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Suspect Landlord isn't using DPS
Hey, Just moved into a new flat with a private landlord, my girlfriend has been with the same landlord in another house for a year and a half and had no issues with him, seems like an alright guy even if he also seems a bit dodgy sometimes. I just got my contract in and he calls the deposit a 'bond', and there is no…
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Bought flat "as is", but further issues came up in survey. Renegotiate?
I bought a flat (different one to the one I wrote about in June, in case anyone asks the question) "as is" from a bank - basically a repo property. It was sold at a bit of a discount, and "as is" as the agent explained to me. I could see that it needed work, and was planning on a more or less complete refurb anyway -…
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private flat council want cash for repairs
Our son has purchased an ex-council flat in Harlow. He's been there just over a year and they want to do work and told him his share of costs will be £4,500. He lives alone can not afford this, he can just about pay the mortgage. Can he do anything about this?
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Any way around ridiculous redemption fee?
Hi Folks We have sold our home and we are looking for a new one. We have a main mortgage plus 2 further advances with Nationwide. Effectively, we have 3 mortgage accounts to be settled. It looks like our solicitors will be expecting £130 + VAT x 3. I don't want to spend the best part of £500 for half an hour's work. Is…
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How do I re-negotiate?
So, absolute housebuying n00b here. We've had an offer accepted on a house, and now the survey has come back with a few issues concerning the roof, plus some bits and bobs. We are now getting an estimate of costs for these repairs. I would like to use this estimate to go back to the seller and ask them to either fix it…
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Some help is required
Hi everybody! I need some help from a person who has a good understanding of London market. I`m newbie in property investment. I have already made two deals in my country and currently I`m selling my propety and while this in the process - I`m considering interesting proposals about overseas real estate. I have some offers…
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House priced above market average - should i proceed ?
I have just had an offer accepted on a house, i should be filled with joy but i am not learnt late that it has been marketed 25K over the current market value for 2 bed houses on the estate. Yes it is nicely decorated but not to any extent that would warrant such a price hike. What do i do ? Prices in the area have…
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Survey on an old house
Could do with some advice here folks. We're planning to buy a house and are at the stage of offer accepted, mortgage arrangements in place and solicitors ready for instruction re searches etc. The house link is below. http://www.rightmove.co.uk/property-for-sale/property-50078252.html It is an old property (early 1800s)…
