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Can you get an idea how long Searches take in a given area (Southampton!)?
I know that they were (are??!) taking around 12 weeks in Salisbury! I'm waiting for them to sell a house in Wiltshire, and have been warned many a deal has collapsed due to this...
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New regs for assured shorthold tenancies 1 October
http://nearlylegal.co.uk/2015/09/1-october-2015-section-21-day/ Interesting read.
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Buying: Would you get a building survey done every time?
If you were a cash buyer and was looking at a 20 year old end-of-terrace estate house in need of modernisation (a repossession); would you pay for an official building survey or get a local builder along to 'have a look' for rather less? I know the 1957 £455k house I'm selling (executor), the buyers only had a mortgage…
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Repossessed house for sale: are you, a potential buyer, disadvantaged??
Normally, you offer on a house, then if there are no counter offers within a sensible amount of time, you might expect the EA to suggest to the seller that they accept your offer, and, when done, put Under Offer on Rightmove; but what happens when the 'owner' is the bank or lender? My bro is in this situation. He's in- or…
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Housing Assoc Shared Ownership Deposit
Hi All We have paid a reservation fee of £250 on a shared ownership. I just wondered where this is deducted from. Is it taken off the sale price so therefore the mortgage would be £250 less. We did ask the HO but they just said it was deducted at the completion
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Someone viewed my house and I found this afterwards
One of my rooms is in a tired condition with wallpaper peeling off etc. I came home after a viewing to find a small soft white tube coming out of the wall with a messy black substance on the end and behind it a small hole in the wall the size of a needle. Can anyone tell me what they have been doing? I wasn't expecting…
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Legal advise-flat bought mis-sold
Bought a flat a couple of weeks ago (first time buyer) and on moving in the radiators did not work. Finally got a plumber today and he told me that boiler is badly damaged and needs to be replaced. He showed me broken parts-the seller knowingly sold me a flat with broken boiler. Plumber said there is no question that this…
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Sign off from council on extension
Can't believe I'm back posing more questions, we really should be done and dusted by now :( Hoping someone can give me some advice We're almost at completion (All agreed on 15/10/15 just legally not "there" yet) on a house we love, in a location where we are adamant we want to live and where very little property comes onto…
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Selling back
Bit of a tricky one here. My nan died and left me a small amount of money in her will. (£5,000) My mum inherited my nan's house (she was already living in it) My mum also had her own property (My wife and I were living in it) My mum decided that rather than give me the money mentioned in the will, she would sign her house…
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Should we get outline planning permission on our Dutch (Hay) Barn?
We are going to retire and want to sell our 3 bed house, which we bought 20 years ago. We also have a 'Dutch Barn' with bricked in front up to 4ft and cladding around the rest of it, this is on an agricultural yard next to our garden. It was built as a hay barn with iron supports around 1930. About 10 years before we…
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Sole Agency Agreement cancellation rights.
Can an estate agent's 'Sole Agency' agreement state that the contract starts on the day of signing, when it was signed in the sellers home with the agent present, do they have the right not to allow the seller the 14 day cooling off period? Do they have the right to demand full payment of £1800 + vat, even if the seller…
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Previous Landlord References
So, here is the situation. I have recieved a phone call from the letting agency saying that my current landlord and my previous landlord have not given them a reference yet. I have tried contacting them myself, but still no response. Does anyone have any advice, or know what would happen if they do not give a reference?
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Additional conveyancing fees due to seller fault
My partner and I are in the process of purchasing our first flat and we've just gone over the 3 month mark. It's been extremely unnecessarily stressful - we have had numerous issues with the seller's solicitor not getting back to our solicitor, the management agent of the flat not providing information needed and the…
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Doubling ground rent
Several years ago i extended my lease, due to lack of experience and poor legal advice agreed very poor terms. - the ground rent is currently at £550 per annum and then doubling every 10 years for the next 5 years, after this point it will be reviewed every 5 years. I understand I have hugely damaged the value of my lease…
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Shared Ownership rent increates - RPI vs CPI
Hello, I'm in the process of buying a shared ownership property, but I am picky about the rent. It's linked to RPI, instead of CPI which I find confusing, given that the government pretty much has stopped using RPI for anything and switched to CPI. Anybody has any idea which index housing association should use? And…
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Sold house, how much Tax do I pay, confused?
My wife has just sold her first and only property, she purchased 9 yrs ago and the value went up £60,000 , she is happy to have sold but now we are worried she has to pay some tax on the property and are unsure how much. She never rented the property out to make a profit and it was not a buy to let mortgage, for several…
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Buyer options following survey issues
Hi, I have a question regarding the options that are open to a buyer following a poor survey: We recently had an offer accepted on a house which was pretty much as high as we could go, given deposit and lending limits. Unfortunately our survey (and subsequent structural engineer visit) has thrown up an issue with roof…
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Flat renovations, Building Regs?
Hi guys, I'm after a bit of advice regarding renovations. Apologies if this is in the wrong section. Some of you might have seen the previous thread I created about my new 2 bed garden flat (Period conversion) in West London. I'm going to do a complete refurbishment and sticking with the current layout: I own 50% of the…
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Sellers and estate agents messing us about
I'm sorry this is just going to be one big rant.! We made an offer on a house back in june. We got things going straight away and phoned the EA constantly to find out what situation our sellers were in, it took about 4 weeks for them to finally say that the seller's were moving into rented to break the chain as they hadn't…
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Compensate Tenant for time
I am a new landlord. I've had the house for 12 months with the same tenant. Recently I have had to have a couple of things done where the tenant has had to have time off work. * The gas cert. * Carbon monoxide alarms fitted * A problem with his shed * Landlord electrical test Until recently I have never spoke to the…