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Transfer of equity/CGT
Good afternoon, Can anyone help please? I am currently in the process of re mortgaging my property to remove my husband and add my dad. The broker mentioned CGT but I can’t see anywhere how it works? Purchase Price £173,000 Current Value £260,000 Re mortgage value £153,000 Transfer of equity amount £19,000(£20,000 cash…
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FTB frustrated with chains. Auctions?
I am a cash FTB looking to buy quickly, and quite frustrated with the lack of end of chain properties on the market. Most sellers have not found a property yet so I face an uncertain 3 months where the sale could fall through at any moment! End of chains seem very rare. I can't wait for the uber of housing to come along!…
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Objecting to Planning Application
Hi all, I hope this is the correct forum for this. I am seeking help behalf on my parents who are in the 80s to object to a planning application from next door neighbour. My parents live in a semi-detached bungalow and the house next door adjoining has recently been sold and they have now logged an application to extend…
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Cleaning deduction from deposit - is this reasonable or not? Feeling v angry
We've just received an email from our (former) letting agents telling us they want to deduct £70 from our deposit for cleaning - we moved out over the bank holiday weekend. I am furious and want to dispute it, my husband thinks we should compromise. They have said the issue is surfaces and skirting boards in the…
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Document Retention
Hi I'm bringing myself up to date and scanning all my important documents. What documents do you nee to keep a hared copy of, if any, after buying a house? I have all the searches and drainage reports etc plus solicitor letters. thanks
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Giving a notice to tenants
Privacy Reason
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Buying or transferring house from family member?
My father in law, who is 82 has recently moved out of his home which he owned outright (valued at £60,000) and wanted to share the proceeds of the sale equally with his 3 children. My husband and I have decided to buy it with a view to renting it out on a long term basis by taking out a bigger mortgage on our current…
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Viewing a House - Tips
We're heading out to view a house next week. It's a great house that meets our needs but what sorts of things should I be doing? I already have things like plug sockets and ariel connections on my mind but is there anything else? We'll be simply looking at where our things could go and working out how wide the doors are,…
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completion delayed...extra stamp duty.
How many of you were going to complete before the 1st of April but that didn't happen for xxxxxxx reasons and now have to pay the extra stamp duty? 2 of us on my chain in that position and the whole chain might collapse now. Finally, everybody tried their best to exchange and complete yesterday but the funds from one of…
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Self valuation tips (re-mortgage)
Hi, I was wondering if people had tips (or know how valuers/estate agents do this) for valuing your property. I'm coming up for a re-mortgage and will need to submit my estimate of the house price but also want to be prepared with real evidence as to what the price could incase I need to challenge the bank's valuation. The…
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Buying a plot and building a house
Where do you start when it comes to this? After a couple of years window shopping there doesn't seem to be anything on the market in my area which has the x factor to justify selling my place and moving on. My house has a value of £200k but even looking in unrealistic price brackets as high as £400k there doesn't seem to…
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IQ tests for mortgage applicants?
http://www.moneysavingexpert.com/news/mortgages/2016/04/mortgage-applicants-to-face-IQ-test?_ga=1.141074738.1083134979.1454756861 April fools?:o
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Selling Part of Garden
Good morning, This is my first ever post here and I am hoping it is in the right place. I was hoping someone might be able to offer some help. My mother owns her own home (no mortgage) and it has a very large garden. She is now unable to maintain it and has mentioned that she could sell it. How would she go about it? I…
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'Luxury' new build flat - no shaving points or bathroom mirrors
I am in the process of buying a new build 'luxury' apartment in North London. In the marketing brochure, the word 'luxury' is used regularly. I'm close to seeing the flat completed, however I've recently noticed that the developer is not putting mirrors or shaving points into either of the en suite bathrooms. Whilst these…
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Buying a beautiful wreck
Hello and thanks for reading. We have found a beautiful if some what battered 1840s stone cottage (6 beds) extremely large. Its been empty years and has extensive damp issues.....unknown cause but I should imagine a combination of being empty and not being looked after. I have never owned an older property. I am trying to…
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Sell shop as leasehold or freehold?
I'm going to sell my shop, but keep the flat above it, I own the freehold of the building. The commercial property agent wants to know if I'm selling the shop as freehold or leasehold, but I'm not sure of the implications. My heart tells me to hang on to the freehold, but if it's better to sell the shop with freehold to…
