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House Sale - How Long Before I Get Money From Solicitor
I live in Scotland. I have sold my house, the sale date is Fri 29th Apr. I asked my solicitor how soon i will get my money. They initially told me 5 working days. The money needs to clear blah blah, I can get it in 3 working days if the other solicitor agrees to use a different type of payment, which of course involves a…
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Paying for new build extras
Hi, New to the forum, although I’ve been lurking for a while. We are currently looking for a new build and the development we like doesn’t include any flooring or turf. The kitchen is also basic and I’d like to upgrade doors and worktops We’ve fallen in love with one of the houses and are waiting for the plot we like to be…
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Who foots the bill for additional surveys?
Hi all, Looking to see what is the norm with regards to buyers wanting further surveys done after their homebuyers report. Our buyers homebuyers report has of course picked up all the usual things that the surveyor puts to cover their bums. Buyers now want: Damp & timber survey (EA says will get 'Freebie' which to me means…
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Tenant ignoring all contact from Letting Agent
So I have a Lady in my property who is on a 6 month tenancy agreement, which expires tomorrow. The Agent has been trying to contact the Lady for the last 3 weeks, but she keeps on ignoring all contact ( letters, phone calls,) . She is in because I have seen her going in and out on occasions ( I live near the area) I want…
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Solicitor Mistakes
Morning, For our conveyancing we decided to go with a solicitors firm that my parents have used many times in the past and I used to purchase my previous house. They weren't the cheapest, they weren't the most expensive - but because I had a good experience last time and we had a senior associate dealing with our case I…
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Help- should I sell to rent?
Hi all, Hoping you can help or give some advice as I'm unsure what is the best thing to do at the minute. We currently own a 2 bedroom terrace house which we bought in 2006 for £89,000. This is now worth £75,000 (to sell- I've had estate agents round and next door has just sold for £75,000 too) and we owe £73,500 on the…
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Advice on whether to purchase house for letting to students
I am due to come into an inheritance which would enable me to put down a large deposit on a property. I was looking at purchasing a two houses with all the relevant license needed to rent to students for an average price of £200,000 and putting down a 25% deposit. This would be on a buy to let interest only mortgage. The…
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Landlords - rent arrears
According to the C5 program slum landlords and nightmare tenants, 51% of landlords are in arrears with their rental income. Is this accurate? The show obviously paints a real bad picture of being a landlord, you would never do it after watching just one program! On the other hand, the BBC1 program, Homes Under the Hammer…
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Expat House Sale
Hi all. We have a house which we purchased in 2006 for £163,495, we are at present listing the house for sale at £165,000 (got to love the B'ham housing market). We lived in the house until October 2010 and have been in the UAE since December 2010. The mortgage has a balance of £124,500. My question is will we have to pay…
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Selling
Can the freeholder 'demand' to know who is buying my flat when I sell it? She seems to think she can even though lease doesnt say this
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Start up business wanting to move office
Hi Guys, Looking to move my startup company to a new office and wanted some recommendations on moving companies/ removal boxes etc. Can anyone help? Thanks!
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The order of things...
Hi Just after some advice. We've sold our house and have had an offer accepted on another house. Mortgage application went in this week, and we should hear soon. Affordability not an issue, but because I'm starting a new job with a 3 year probation period (standard in many universities and I have been in this line of work…
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Overlapping house insurance
We have been advised by our solicitor that we need to arrange buildings insurance for our new property from the exchange of contracts, to run alongside our current policy until the date of completion. Our current insurers will only do this for the day of the move. Just wondering what others did with regards to this? Would…
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How should I time the signing of contracts?
Hoping someone knows the answer to this. I am buying a home and selling my current one. My house is being bought by a first time buyer and the house I am buying has no upward chain. Yesterday I received the contract for the house I am buying along with instructions on how to send any deposit money over to my solicitors. It…
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Tenancy eviction saga - advice appreciated
I have a 3 bed ex-local flat in East London and have been trying to evict the sitting tenant due to non payment of the monthly rent of GBP1,200. S 47/48 and S8 notices were filed in January 2016 after ongoing problems with arrears during the second half of last year. The notices expired in March with a court date set…
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Flooding ins, penybontfawr Powys
BEWARE OF BUYING A NEW PROPERTY IN PENYBONTFAWR IN POWYS[. If you are thinking of buying a new property in Penybontfawr in Powys make sure you look into the flooding reports of that area. There is a new property in Hirnant Road that a number of insurance companies will not offer cover on as it’s in a flood area. It’s a…
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Mortgage Broker Advice
Hi there, Just a quick question regarding the services that a mortgage broker can provide. I've had an offer accepted on a flat and I'm currently starting to arrange a mortgage. I have an appointment coming up with a mortgage broker where I'll be charged £400 to find me a deal and process my mortgage application. I'm just…
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New build house price
We are interested in a new build listed at £199500. It has properties listed but have not sold for the last 6/7 weeks . Do you think they would drop the price to £185000 as this is more in our price range. Always a nightmare finding a house just a little to far out of your range
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Poor workmanship and damp issues in my newly refurbished flat
Hello, I'm after a bit of of advice. I bought a 2 bed, garden flat last year and did a complete refurbishment using a builder/contractor I found on mybuilder. The builder had good reviews and I also visited one of his jobs. It took his guys months to finish the job and most of it was finally completed recently but I am not…
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Selling to Children
I wonder if anyone could answer a legal/tax query about selling a house jointly owned by myself and my wife to our son, and his girlfriend. We originally purchased the property (in late 2015) for our son and his girlfriend as they were unable to obtain the funds/mortgage to purchase at auction. We agreed that we would sell…