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Will the holding deposit be returned?
My daughter was due to sign a contract for renting a flat this week, only to be told today that the current tenant is refusing to move out. She has paid a fairly hefty holding deposit on the flat in the first place, and I was to be her guarantor. I am uncertain what the conditions, and wondered if the estate agent will…
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Gas Service Record - House Purchased
Hi, I've recently purchased my first home and as part of the sale asked for the gas boiler to be serviced (there was no record of the install and the owners claimed they had never had it serviced since it was installed - 8 years ago allegedly). Paperwork provided which says the appliance was serviced by a Gas Safe…
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Upon completion
Upon the completion of my house sale how quickly will my solicitor transfer the cash over to my bank account?
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Missives - Cala Homes Incentives
I've recently put an offer in on a property which has been accepted (Scotland, home report value). Our lawyers have now been in touch to advise that as part of a part exchange incentive Cala Homes are handling the sale of the property we're buying. The current owners have bought a new build, and as part of that sale Cala…
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Taylor Wimpy soundproofing
I'm in the process of buying a 2.5 year old Taylor wimpy 3 story town house. We are moving from a flat because we are sick of the nosie above, walking,talking, doors closing etc. I went to speak to the neighbour and she said she can only hear people going up and down the stairs but nothing eles not the sellers newborn or…
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Do I need searches on buying a flat?
Hi, I have recently bought two flats in the same block in the past year and carried out all the necessary searches via solicitor. There is now a mortgage involved on my next purchase and I presume that my mortgage company will insist I have these searches again? Just seems not necessary due to the searches being done so…
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Negotiations- offered £4k under asking
Hi, I don't want to link the property incase the vendor sees this, but the asking price is £239,950. I have made an intial offer of £236,000 which was rejected within an hour of telling the estate agent. The agent informs me that a month ago they were offered the full asking price and they accepted, but the buyer had to…
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Mortgage timescale
We are buying a property in our street - we currently rent our house but will be buying one up the road. We have our mortgage appointment this Saturday. How quick can the process be between mortgage appointment and offer? The property is chain free.
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let to buy dilemma. Help please!
Hello, I am mortgage free on a terrace house worth approx 100k. My partner has 40k savings. My partner and I have just had an offer accepted on a house worth £210k. We decided that we could purchase the new house using his deposit and then make a decision about what to do with my house. We need some equity from my property…
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Pulling out of Purchase
In August I put in an offer on a 3 bed semi-detached house on an estate built in 2010/ 2011, this was accepted. Last week I finally received the searches and report on title I have been asking for these since August. It appears the main road in the estate is unadopted although indemnified for maintenance by the developer…
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The end of subsidised rent?
Hi all, I'm a renter and have slight concerns over the proposed changes to the social housing subsidised rents next April. Whilst I'm actually on intermediate renting there looks to be a clamp down on over average incomes (30k-) getting subsidised rents. I understand if your in social housing and you earn over 30k your…
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Value for rebuild - more than market value?
I've had a survey back. The market value is fine (bang on purchase price), however the value for rebuild puposes is 160% of the market value. Reading around online it says the rebuild value is usually a lot lower? Why would mine be so much higher, and does this mean I'm going to have to have expensive insurance as though I…
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renting short term
When going to view a property to rent would it be a bad idea to tell the landlord you only intend to rent for 6 months (the shortest period I believe..) I intend to buy somewhere but just don't know where so have decided to rent somewhere 1st to see what the area's like...
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first time buyer wanting to rent to family
Hello, I am looking at buying my first property with the plan of putting my dad and his partner in it. Here is the basic story, my mum and dad have separated (not yet divorced) my mum is living in the house that her and my dad have a mortgage on, he still pays the mortgage. My dad is also renting a property paying £400+…
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Moving out for first time - help!
So I'm not sure entirely what I should be considering here, so any tips and advice much appreciated. What sort of costs can I expect from moving into my own place (by myself)? Council Tax Heating/Gas Electricity Water TV License / Sky or YouView Broadband Mobile Phone Insurance? What's the average for utility bills?
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Landlord Insurance
I own a property which is currently being rented out to the people who are in the process of buying it. The house insurance for it ends on 10th November and as the sale is due to be completed in the next few weeks (fingers crossed) I would like some advice on taking out a new policy. If I take out a one where I pay for the…
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Please can someone help me- unprotected bond.
Hiya, was hoping for advice and any relevant experiences? I had final inspection at my previous property on 17.10. Landlady wrote out a cheque for what she believed was full bond. (It was actually £100 short but I was too polite to query it) we had lived in property 4 years and had a good relationship. Me and husband were…
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Posessory and qualified title house purchase
I have had an offer accepted for a house in the countryside. We offered and got accepted at asking price, though they took £1000 off as our valuation showed up a small subsidence issue on the rear pavement area- not affecting the house or garden. However, the following has happened on the legal side. The property is made…
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When should I pull out of my sale?
My buyer made an offer around 7 weeks ago which I accepted (there was an offer from almost every viewer above asking price). He applied for a mortgage with accord, which had issues as they dragged their heels over the service charge. He now applied with Halifax who did the valuation last week and according to his broker…
