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Overpriced?? How much would offer?
Hi all, Husband and I love this property but it's been on the market since 1st May, so it must be overpriced?? Plus they bought it in 2014 for £150k less than they've advertised it. Does adding a 4th bedroom increase the value by that much?! What would your approach be to offering on it? It's over our budget by £50k but we…
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Property Management Fines - legal or not?
I received a demand letter the other day from my friendly (not) Property Management Company. These are the people who run the building & collect service charges. The letter contained a demand for payment with a threat of a £60 penalty charge if not paid within a certain time limit. I'm aware of the debate in other sectors…
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I need some help!
My son has a one bed flat which he lives in - we have a 2 bed flat which we rent out. My son wants to move into the 2 bed so he can take a lodger to help with bills. His suggestion is that he gets a tenant in his flat and pays the rent money to us. There is a difference of about £80 per month but that does not concern us.…
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The building admin/management company from hell
1. Let's start by saying that I bought the flat over a year and a half ago. It is a share of freehold with a 999 year part-lease. A few months after the completion I received an S20 notice from the building management/admin company - they were intending to do major external works. No mention WHATSOEVER of the size, the…
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Morris Homes - Good or bad?
Hi, I'm interested in buying a new-build Morris Home off-plan in the Cambridgeshire area and am alarmed by bad reviews of Morris Homes that I've found on the internet. There are clearly several cases of people having very bad experiences, but as with all reviews, it's impossible to know how often these occur compared to…
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Advice on new build house and dodgy builder
My father in law is about to buy a new build house, on a small development. Theres a few things happened which would have made me run away fast months ago but FIL really wants to pursue. The home is 1 of 3 situated in the developers/builders back garden. It is nearly complete, some issues with the windows, heating system…
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Notice on periodic tenancy
I gave written notice in August (12 months after moving in) to the letting agents to leave in September as we were buying a house. The completion was delayed so my partner rang the letting agent to ask them if it was okay to extend for 1 month and they agreed verbally. We moved out last week and contacted the letting…
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How Much Should I Offer...
I want to make an offer on a house on Revelon Road in Brockley (I am not allowed to post a link because this is my first thread, but it is the only house listed on this road on Rightmove.) If you find the house on Rightmove there is a recent sale on the same road (June 2015), for £493,752 (but without a floor plan it's…
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Put in an offer for a house
Hi all, I'm a first time buyer and I am after some advice. I put an offer in for a 2 bedroom house yesterday evening. But I was told by the estate agent that whilst the seller accepted my offer there was someone else that had put an offer in and this was also accepted. So I was told that as soon as the bank arranges a call…
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How to get out of contract
Moved into a flat in June and still was not able to have broadband installed so now I want to get out. Contract ends in June. Is there any possible laws that the landlord could be breaking such as double glazing or room temperature? No heating? I moved in because Virgin Media said the flat is connected but they ran into…
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Advantage of Ltd Company
Hi all Would I be better off forming a Ltd Company for the rental income from rental properties instead of completing Self-assessment. What are advantages/disadvantages of Ltd Company Via Self -assessment?
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Buying flat on benefits help
My mum (on income support and dla) is selling her bungalow to move into a flat a bit closer to her daughter. The bungalow should sell for about 190k, the flat she wants to get is about 135k however the lease is very low and would probably cost around £22k to resolve. As she would have to wait 2 years before she can extend…
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Owning 2 houses
Can someone please advise on any CGT issues in this scenario My partner has a house in his name he rents out having previously lived in it for 10yrs. We own another house we have lived infor2 yrs and which is being transferred into his sole name (personal reasons) we intend to sell this house soon. Are we ok 're CGT. My…
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shared ownership question
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Checks done by mortgage lenders while buying under help to buy scheme
Hello, We are planning to buy a new built under the help to buy scheme. We are not very sure about the checks they do? Do they contact the hmrc to cross check our income and if we are receiving any tax credits?
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Coach house dilemma
I live in a coach house which is essentially a two bed flat above four garages. I own the freehold of the building incl one garage; the other three are leased to neighbours who are required to contribute towards my home insurance if I ask for it. However, I've just asked the leaseholders to contribute to my home insurance…
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Lanlord Association
A family member would like to join one of several Landlord Association. Cannot decide which one? Input from Forum members experience would be appreciated. Thanks
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unsure of the process....
when you go to view a property it's quite possible that others have been and could have made an offer, yes? does the seller just keep accepting bookings for viewings even after they've had an offer that they are likely to accept? is it common practice to ask the seller what offers they've had so you know how much you would…
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Structural Engineer Fees for Converting abungalow to house
Hi, We are converting our bungalow into a house by adding another floor. We are also doing 2 meter side extension for ground floor. I'd hired an architect who has done a good job and she has referred this structural engineer. I got a quote from structural engineer for £2300. He gave the below proposal for the money. Can…
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Moving to Harold Hill
Hey guys, I posted a topic a few months back about me moving to Dagenham. That house fell through and we had an offer recently accepted on a place in Harold Hill. 15 minutes walk or 2 bus stops from Harold Wood station. The road looks quiet, house in good condition and using the Police Crime Map, all crime there is…
