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Help to buy and lifetime ISA deposit
Probably not posting in the right place but I need some clarification on the help to buy ISA and the lifetime ISA. This site says if you have a help to buy ISA this year and transfer the money into your lifetime ISA when they open in 2017 it does not affect your allowance for the 2017 year. By allowance do they mean the…
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Landlord withholding deposit
Hi All, I have read about this matter on some closed threads so want to make sure my understanding is still current. Situation is - we have left a rented property, now own a house. Check out report totally fine, no damage to the property. Landlord is refusing to release the deposit until they get proof of paid final bills.…
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Buying a second home
Hi, Looking for advice, we are thinking about buying a second home and renting out our existing home. Our mortgage is currently 65k on a property worth in excess of 100k. What are the rules around buying a second home (this would be mortgaged) and if we came to later sell one of the properties would we be liable for any…
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Buying freehold
I'm a FTB hoping to exchange this week on a 2 bed flat with 949 year lease. We've heard that the freeholder has passed away, and that the freehold will now be sold as part of the estate. I'm seeing my solicitor on Thursday for official advice but ineterested to find out in the meantime if anyone knows how this might effect…
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Mortage Valuation
Hi all, I'm due to have my mortage valuation and survey done this week but have a niggling thought in the back of my mind. As an example, say the house costs £200,000 and I put down £50,000 deposit, will the lenders look for a valuation of at least £150,000 given thats what they're lending? Or would it need to be the full…
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Missing pages on Transfer Deed
Hi, We're currently in the process of purchasing a house, and our solicitor has informed us that there are a few pages missing from the transfer deed, relating to rights and covenants. At this stage it seems unlikely that the seller will be able to recover these pages. Our solicitor has advised that we should insist that…
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Appealing council tax band
We moved into a new-build house 2 years ago. There are several house types in our development: House type 1 (£226,000): Band E House type 2 (£230,000): Band F House type 3 (£265,000): Band F House type 4 (£300,000): Band G We have a house type 2, but negotiated the cost to £226,000. Looking at Zoopla sold prices, it seems…
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Part-exing tips?
Hello, I'm hoping for some part-ex advice please? We've been to see a new build development that we love, and there's the potential to part-ex on a house that was originally going to someone else. (The sale fell through.) The property is on the market at full price, but will include flooring, turf, kitchen and integrated…
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Transferring ownership of property to a family member
Hi all, I've seen some similar posts and I'm slightly lost and need some direction. I'm living in a house owned by a family member and I'm paying them rent for the property. There is a mortgage. They are now looking to transfer the property into my name, along with the mortgage. Previously the verbal agreement was that…
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Newbuild Floor Tiling Question
We're in the process of buying a newbuild but the quote for the kitchen/diner/hallway floor has come out at £3k with a further £2k for the bathroom, ensuite and cloakroom. This seems excessive to me but I presume if we don't get them to do the tiling in the kitchen then it won't be as good as having them do it before they…
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Buying into a partners house
Hi, My partner owns a house that he bought previously with his ex. I would like to get a mortgage to buy into the property but I'm unsure how this would work. As I will be a first time buyer I'm also unsure as to whether I would be entitled to the help to buy bonus? Also not sure if its worth mentioning but the money would…
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Knocking through a wall to open up lounge and dining room
Ok, so my next renovation question is about opening up the lounge and dining room, something I believe to be cheaper than the driveway! Knock through the internal wall, move existing lounge door. Considerations: - Is it a supporting wall? - Does it already have a steel lintel? Anything else? Estimated cost?
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Conditional planning
Hi All I'm looking to buy a flat that had conditional planning to be turned into said flat back in 1975. We don't know what the conditions were. After all this time it shouldnt be an issue though right?\ Thanks
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First time buyer, need advice
Hi all, Myself and my wife are desperate to start saving for our own property but would love some advice on how to help us save properly and increase the amount we can save each month. A bit about me. I'm 24, my wife is 23 and we have 3 young children. I work full time for a civil engineering company installing new roads…
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Front garden/driveway renovation
So, our offer has been accepted and we firstly are looking at sorting out the front driveway so that we can fit two cars on it. Images below are a) as it is b) a house a few doors down which has had a nice renovation. Does anyone have any idea the sort of cost for this? Is it landscaping? [IMG][/img] [IMG][/img]
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Porting / MMR transitional rules situation?
A year or more ago, after the Mortgage Market Review changed the rules for affordability, there were reports that lenders were not making use of the "transitional" rules to allow porting, e.g. in the case of downsizing ("transitional" seems an odd name, since it seems these rules are permanently in place, apply to mortgage…
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Vendor - not accepted an offer you didn't like the buyer?
Morning all, This got me wondering as there was a little misunderstanding at the weekend with a house viewing. The agent called late Friday to offer short notice viewing Sunday morning. I advised I would be delighted to come but I would returning from an agility event so unlikely to be in a fit state to attend and would…
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Selling question
To make a long story short - the police have been involved with a complaint of criminal damage done to my house against the son of someone who lives at the end of the street. I understand when you sell you need to complete a form giving details of any disputes. As this is a criminal matter not a civil dispute, I am…
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Making an offer
My partner and I - first-time buyers - have found a house we love at OIEO £200k. However, my parents have looked around and have warned us of a few things. Firstly, there are signs of wet rot on the bathroom floor. Then, there are signs of damp in the cellar and woodworms outside. We've gone up to an offer of £180k but…
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DIY transfer of equity conveyancing?
My ex husband and I jointly own a property. I have agreed an amount to pay him, to buy him out. My mortgage provider has agreed to remove his name and for me to take on the mortgage by myself. Can anyone advise what I need to do next? Money is extremely tight, can I complete the paperwork myself to have the house…
