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Letting agent not releasing rent
My son rents out a house and the letting agents have held onto the rent for 22 days, saying the problem is with their accounts department. The next month's rent is almost due and he really does not want to go through this again. What can he do to force the letting agent to release his money?[
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Landlord has upped our notice period to two months from one month in the contract??
Can you help? We signed a contract with a letting agent in January which said we only had to give one months notice. However when the landlord visited she said as she had to give me to months I should do the same and send me an email confirming this. We are now moving out as we are buying a house and we conpleated…
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Reducing my offer after making an offer
Hi, I am buying a property and am very new to this. ,Ssaw one over the weekend (£590,000) and made an offer on Monday of £579000.. The agent has sent the solicitors details etc to move forward with the sale. In the meantime I have spoken to friends and family and have been informed that the house is definitely not worth…
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Will I get charged a Capital Gains Tax....
Hi I have bought a house and fortunate enought to have paid it off in the ten years since I bought it. It has increased in value by about 100k in those years. I am looking to buy a second place - just a small place, perhaps for 120k. I will then have two properties and this is where I am told Capital Gains Tax comes into…
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New landlord, payment date
Hi, I've moved in with my boyfriend and renting my home out so I'm new to this, my tenant of one month text on the day the rent is due asking to move the payment date from 25th of month to 8th and pay 2 weeks late, am I right I said moving the date was fine but she would have to pay the 2 weeks now to take it to the 8th,…
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Trying to rent a property without the high fees
Hi, I am looking into renting a property, however seems to be through Connells who looking at their website have insanely high rental fees, I wanted to know whether their is a way to get a hold of the landlord directly to try and not pay these fees, they seem way higher than any other estate agent I have seen!
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Lots of Mortgage Questions for FTBs! Help us please! :-)
Hey all, We're hoping to buy our first home within the next few months but have tons of questions and really hope some of you may be able to answer some. Our situation: We currently rent our home and a few months ago, the Landlord asked us if we would be interested in buying it. We absolutely love the place and of course…
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Do I have to pay tax if my bro sends me money?
My bro has given me a gift if £85k to buy a new house. And I have sold the old house I lived in and am staying with parents. I lived at the old house but it was in my mums name so mum will have to pay capital gains tax. Fine, I understand that. But bro and mother think I may be hit with a tax bill for the money he gave me?…
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Flat flooded by leak from a flat above
I hope that someone can help. I own a flat on the coast (1 1/2 hours drive away) which my husband and I use every weekend and for all of our holidays - we did intend to spend the Christmas holiday there. For insurance purposes it is classified as a Holiday Home but we consider it to be our main home - where we live in the…
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Transferring ownership
Hey guys, My mum owns a leasehold property and we are looking to transfer it over to my brothers name so he get a mortgage to pay of the remaining debt (interest only period has come to and end). I have been told in order for him to get a mortgage (mum is too old, credit is not that great either) he name must be on the…
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Sent over 100 documents for New build
My solicitor has sent me so many documents for the new build site I am buying a Freehold house at. I have started reading everything, but honestly I don't have a clue as it's all majorly confusing. Lots of variation of planning generally as it's a big mixed use development still going on. There are people living there…
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Renting - declaring a CCJ
My head is in a spin about this! My husband and I are currently renting but are applying for a new house with a different letting agent. I've paid our referencing fee of £200 and starting completing the form, come to the question about whether I have any CCJs, and suddenly realised that yes I do! That might sound…
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Unprotected deposit + possible tax evasion
Hi all, Long time lurker but never posted before so please bare with me. Writing on behalf of my parents but know all of the facts. They moved into a private rented property in August 2014 and this was done privately through the landlord (no agents). They paid a deposit of £1200 directly to the agent, who said he would put…
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Advice please
Hi all, After some advice please. In June this year I moved in to my first home (FTB). Purchase price £165,000 - this is made up of a mortgage of £107,000, H2B of £33,000 and deposit of £25,000. The mortgage I have is with Nationwide, 2.94% 5 year fixed rate. I am now four months in and have approx. £500 left over after…
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BTL Ownership
My wife and I got married last month and are purchasing a house together. Her house we are going to keep and rent out, her mortgage is up for renewal on 31.12.15. Should we just keep it in her name as she earns less than me, or do we have to change the ownership to joint if the BTL is in joint names?
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House Purchase Problems
Hello all, We had an offer accepted on a house we really like (hooray!) but now the estate agents are threatening to put it back on the market. Why? Because of terrible delays in arranging the mortgage - not down to us. I will not bore you with all the lengthy delays that have happened so far, but the latest issue is that…
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Folkestone or Ramsgate?
Hi everyone. I am hoping some of you can provide me with some local guidance/knowledge on the above areas. We currently rent in London but want to buy and would rather own a 3 bedroom house than a studio in London! We have spent a lot of time exploring the Kent coast over the last year, having spent time in Broadstairs,…
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Property Surveyor Liable?
Hi just wondering what other peoples experiences / opinions are: * Brought a house 2 months ago. * Had a full survey done before purchase by chartered surveyor * Chimney sweep came on Saturday and immediately said "I can touch your wood burner - its been installed illegally, please don't use it, its dangerous" * Got a…
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Dispute with other landlord - HELP!
Hi guys, Sorry if I am posting this in the wrong place. I really don't know where else to turn. So, we rent a terraced town house on a one way street opposite a row of terraced houses - no gardens, just rows on houses and a narrow road. In July, half an hour after parking on the drive way, our car rolled off the driveway…
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Can parents sell house to me cheap?
Hello all, My parents have just bought a house for cash which me, my wife and baby son will live in. The aim is that we rent (at 75% market rate) from my parents for now until we are in a position to buy the house from them. My wife is currently on maternity leave and this affects the amount of mortgage we could get, and…
