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Completion date drama
We put an offer on a house in February and finally got to exchange of contracts stage. And this is where everything went pear shape. My husband I are at the bottom of the chain as first time buyers. We're currently renting. The dates we had on the table for completion were two dates in early and mid May. We just had to…
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Giving notice - rolling tennancy agreement
Hi This may be a stupid question but we are currently on a two month rolling tennancy agreement and will be giving our notice shortly - can we just do this in an email or does it need to be more formal? Thanks
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COUNCIL TAX Exemption
You can have council tax nilled if the property is unoccupied for upto 6 months and a further 6 months if it is unfurnished Correct? Can this be applied for now, retrospectively to October 2015 as it was unoccupied since then.?
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HELP!! Commonhold flat purchase...should I ?
Fell in love with a ground floor 1 bed flat within a Georgian property. I have 75% cash so was looking for a mortgage for the rest but have found banks rather jittery and some out right refuse to even consider an application. I can actually scrape together 100% cash to complete my purchase but am wondering whether this…
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Leasehold - extend now or wait?
HI all, We have owned our flat 2years now and I am considering extending the Lease. It currently has 76years on it left. I spoke to my solicitor and they didn't really push me either way but what they said if you are planning to sell in the next few years its common to extend the Lease as part of the sale of the flat. Is…
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Sale Dilemma!
Ok, it's a good position to be in (rather than stagnant)...but what to do? - Offeror A - came in at 10% below asking a week ago, rejected - Had 3 more viewings in the week - Offeror B - has come in at 4.5% less than asking on Friday, we had 2 viewings over the weekend. One didn't offer, second came in 8.5% below asking,…
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Private sale of my house + Buying flat from mother
My mum has memory problems but doesn't want to live with me and my sons. She is currently very happy in a flat (with a mortgage) in a retirement complex so my other option is to move nearer to her. She owns another flat that she rents out 400 m away which is the solution. The main objective is to get us both mortgage free.…
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Old neighbour problems, declare or not declare?
Hello all, Getting ready to sell, just accepted an offer. Had a few problems with next door that were reported (police etc) Long story short the man in question was dealing, loud parties (his friends and himself) in summer with very strong weed being smoked (large amounts, had to shut Windows) His ex now lives there alone,…
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Soliciters response to merging freehold and leasehold
We have bought a house which has freehold and leasehold and I requested to merge . The solicited says he can't find anything different however he emailed the following. " Further to our recent correspondence and telephone conversation, having reviewed the title documents I feel it would be safer not to merge the freehold…
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Splitting land on deeds
Hello I wonder if someone can help me with this very confusing situation as I do not know where to turn. I have my main family home with outline deeds. On the land we had 2 houses built and this is still within the same boundary . Would anyone know how we would apply to split the land so that each house has its own deeds…
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Help valuing property
http://www.rightmove.co.uk/property-for-sale/property-58537760.html Dear All, We are considering purchasing the above property in Elm Park, near Romford. We viewed it when it was marketed as OIEO of current asking but didn't offer but have noticed that the OIEO following an unsuccessful open house has been removed. we…
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'House Rules'
Hi guys! Around 18 months ago, I got on to the property ladder at the age of 25! I bought a two bedroom flat in a block of 6. There are 3 blocks in total (18 flats). When I was signing the papers etc, there was a sheet of paper entitled 'house rules'. It mentioned things such as parking issues, no loud music and NO PETS.…
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Oh dear me....
http://www.dailymail.co.uk/news/article-3561402/Top-QC-loses-six-year-legal-fight-3-6m-dream-home-riddled-dry-rot.html Even people buying ( Or more to the point not ) high end properties can screw it right up...
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The vicar making his tenants homeless because of tax changes...
This should raise some interesting discussion points... http://www.express.co.uk/finance/personalfinance/664570/Landlord-tenants-homeless-Osborne-immoral-property-tax Seems to cynical little me that he must be borrowing VERY heavily against these properties, and is actually starting to panic about interest rate rises, but…
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MSE News: Pay rent on time to now boost your credit score... this and 50 more renters
You don't need landlord's permission to save £100s...Read the full story: 'Pay rent on time to now boost your credit score... this and 50 more renters' tips' Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
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Negotiating purchase price following survey
We're in the middle of buying a leasehold flat (first time buyers) on which we've offered £315k and have just had the survey done, which valued it at £10k less than we've offered. This valuation was based on general condition of the property and potential costs arising. As well as this the service charge has increased…
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Buying freehold from the Council
I purchased my Council flat from our Council and it was bought as a Leasehold property. It is 1 of 2 maisonettes which has also been purchased by another person. This month our Council has offered us to buy the lease for £900,(there is 98 years left on the lease) which seems a very good deal meaning £450 each. Our building…
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Raising capital to buy your partner out
Hi All I need some advice. 7 years ago I bought a house with my sister. I am due to be married at the end of the year and I am looking to move out and buy a property with my partner. My partner will be a 1st time buyer and will be the lead on the mortgage with me as a secondary contributor. However I found myself in a bit…
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Buying New home with Equity
Hi We are looking to move to a bigger home. We paid £185,000 for our current home and put down £20,000 Im sure. A home the same as ours went for £195,000 recently. This maybe a silly question so my apologies but, if we wanted to buy a home that was bigger and more expensive how does it work with the mortgage etc with the…
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Shared ownership - staircasing
Looking for some advice on staircasing in shared ownership schemes. Last year, my partner & I purchased 75% of a property through this type of scheme - so we have a mortgage to cover this and we pay rent to the housing association on the remaining 25%. We've been told by the housing association that we can staircase up to…
