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House deeds - valuable document?
Today I received the deeds of my house after paying off a 20 year mortgage. The house was a new build in 1996. Having recently spoken to a solicitor he said the deeds, while interesting, are not documents that have any intrinsic value, unlike before electronic deeds were introduced. However, the documents are clearly the…
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Should I ditch the online agent and go with a highstreet agency?
Hi I live in a sought after part of an area with few properties for sale available in the 25 mile radius of my postcode. I have had my house listed on rightmove for 6 weeks by an online agent and in that time I have had 1 viewing a week booked after none for the first two weeks. Admittedly I was incorrectly advised to list…
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Inherited equity
When my mother passed away two years ago, I inherited one third of her half of my parents house. My father is still alive but living in a care home and the property is rented out to pay his care fees. Is there anyway that I would be able to use my share of the property (approx 55,000) to secure a mortgage? The more I think…
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Lost in Legalese: Can anyone help translate my lease into English?
Hi, I keep getting befuddled by the extraordinarily florid and torridly verbose wording of my lease. I keep reading it over and over again and my brain just gives up. Spelling mistakes and complete lack of punctuation do not help either. Perhaps someone could help us with this: 'Clause 7: ANY disputes between the Lessee…
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bought a property - cleaning before moving in?
Hi i am buying a two bed flat in highgate and was wondering whether its worth hiring a professional cleaner to clean the flat before i move in? they say itll take 5-6 hours for a fee of £130 and apparently they clean top to bottom. thanks
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First Time Owner Occupier - Higher Rate Stamp Duty
Hi, I've rented for several years after uni, and hoping to buy a property in the coming months to become an owner occupier. My issue is that I do currently have a share on two other properties, both are co-owned with family. I haven't ever lived in either of these, they have never been a main residence, and the council tax…
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HELP!!! Solicitor doesn't know how to claim my help to buy is a bonus
Just received a phone call to say that she hasn't a clue where she's to apply for our help to buy isa bonus Asked the bank they were vague how long the process took as we are hoping to get our keys on the 29th :eek: but this might hold us up My solicitor has asked if I could find out where she's to apply so any info would…
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Parent helping FTB - extra stamp duty
Hi, My husband is currently helping his son get on to the property ladder. He is helping with a 10% deposit and is going as guarantor on the mortgage (as his son is a relatively low earner and doesn't meet affordability in his own right) and will be helping a little each month with repayments, reducing over time as his…
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Unknown Restrictive covenant
Hi, I am currently selling my property and the buyers solicitors have said there is unknown restrictive covenant dated from 1934. The house was only built in the last 6 years and I am the only owner. My solicitors say I need to take out something called Idemtity insurance for this unknown covenant. Its around £250 but I…
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Has anyone else had this happen when buying house
So it about 8 weeks since offer been accepted on house and all the normalities been done and that. After our homebuyer survey we had a damp and timber survey done which estimated about 3k of work. The vendors then got their own survey done and they got estimate of work around £600. After being sent there report it was hard…
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Landlords in Sefton?
Hi everyone, This is a bit of a specific question for Landlords in the Sefton area. We are currently in the process of getting a property ready to be let out and we are doing so with an agency. So far we have obtained the certificates of safety for the gas and the electricity. We are also aware we need an EPC, however the…
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Why they didn't like it?
We had a couple come view our property 3 times in 12 days (20/3, 27/3, 31/3), they noted their interest, but have made no bid. It's the first time selling a property, should my estate agent be trying to find out why they didn't make a bid? Just seems like that might be important to know. If there's something put them off,…
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Doubts before contract exchange - help!
Dear all, I apologise in advance for the long message. I find myself in a really tricky situation, and I would love to hear any advice or opinion on the matter. I'm a first time buyer, lucky enough to have a considerable deposit coming from a family gift. When last summer (2015) I discussed with my family the opportunity…
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How will SDLT2 apply in this situation?
Hi I am the joint owner of a small one bed flat that is currently let out. I also own other properties. Together me and my co-owner are tenants in common. The flat has an estimated market value of £100,000. We currently have a mortgage on the property of £75,000 (75% LTV). I am now looking to buy out my co-owner at the…
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London Help to Buy Equity Loan - can the Help To Buy Agent turn you down?
Hello! I'm planning on applying for a London Help to Buy Equity Loan - and I was wondering whether anyone had an experience being turned down on their Equity Loan by the London Help To Buy Agent? I just wanted to understand if this is a risk, and when they might do this, and how I can avoid this! :) Thanks for any help!
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FTB buying in to a chain
So we've just had an offer on our house accepted a couple of days ago, yay! We're first time buyers, and living with family so ready to move in right away, but our seller is in a chain and needs to find a property first. We understand this may take some time, and we really like the place so are prepared to wait (a few…
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Basic Help Buying a House
So I thought I knew what was what, but now I'm not sure 😕 We need a mortgage and we're using help to buy. We've had a quote for conveyancing but what do they actually do? I thought it was surveys and sorting out all the legal paperwork, land registry things and such. Do I need a solicitor as well as a conveyancer? If so,…
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Sorting out finances before buying a house .
Can anyone please give me some advice on buying a property with cash / savings . After trawling through Rightmove for the last 9 months trying to look for a suitable property in Birmingham within my price range with no joy I have decided to give an auction a try . My concern is as a cash buyer / first time buyer I do not…
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Getting A Mortgage With A Fixed Term Contract
Hi All I am hoping that someone will be able to give me a bit of advice. My partner and I are in the process of buying our first house; we have a good deposit, good credit rating which has enabled us to get a mortgage in principle with HSBC. We are now sorting out the mortgage and had the first appointment with HSBC but…
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Finding a freehold managing agent
Hi I currently own a flat in a building where I also have a share of freehold - myself and the four other flat owners have formed a limited company to manage the building. For various reasons we would like to appoint an agent to manage things for us - in particular the collection of service charge, insurance, accounts,…
