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Buying a house with annexe for parent - advice please
My husband and I are looking to purchase a house with an annexe for my mother. She will sell her house (no mortgage) and put in £250,000 from this sale, we will mortgage the other £450,000. The mortgage company said my mums name cannot be on the mortgage or deeds and must be declared as a 'gift'. We want to protect my mums…
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Is buying a property with Pocket Living a good idea?
'We sell well-designed, local and affordable homes so the people who make a city can also make it their home. The exciting thing about Pocket homes is that they're at least 20% cheaper than the surrounding market rate. They're the perfect starter home for a first-time buyer.' https://www.pocketliving.com/about/pocket So…
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Secure Gdren?
Hi, a question for a friend. When a pregnant tenant started their tenancy the garden of the property was not "secure", in that there was no gate. The tenant's child is now 2. The tenant now wants a gate. Is it the landlord's responsibility to secure the garden and put up a gate? Thanks in advance.
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Buying a house for less than its worth
I am currently renting a property from my father in law and he has said he would like to sell it to us for less than its worth What do I do about mortgages as most banks are confused by this Do I need a deposit or can I use the equity in the house?
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Can a landlord extend the term of a tenancy without my consent?
I recently started a thread about this scenario, but the site won't let me post the link to it. In a nutshell, my tenancy terminated on 15th April, but the keys didn't get back to the landlord until 21st April. He acknowledged receipt, along with a message saying "Today will be deemed your leaving date". As I suspected,…
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Complicated - can I live in grandparents house
I have one grandparent in care, the other about to go into care. Their property has been protected so far and we've helped my gran live there for as long as possible, now she's unable to stay on her own. It's all been pretty terrible. My family has always struggled with housing, we have gone between rented and council and…
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FTB: Things to do between Exchange / Completion
We exchange contracts on our first house yesterday and will be completing on the 4th May. Is there a check list of things we need to do before completion? For example inform utilities companies.
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Second home, mortgage advice
Hi, I am new to this forum and would appreciate some advice. I realise that I am in a very fortunate position as I own two properties outright and have now debts, so consider myself very lucky. I have a four bedroom house worth approx £235000 and a small bungalow worth approx £155000 that I rent out and receive £550 a…
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Cashing in Help to Buy ISA
Has anyone done this? Nationwide (who are both our H2B ISA provider and our mortgage provider) don't seem to have a clue on how we cash in the ISA. I'm aware we need to give the solicitor some sort of closing balance notification, but no idea how to get this. Some responses from nationwide's callcentre so far include:…
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SDLT Query - marriage and 'second property'?
Hi all, A bit of advice please re SDLT (which seems to be legalised robbery anyway...) because it will make quite a notable difference to things. My wife owns a flat in London. She owned it before we were married. She pays the mortgage and all the bills. Her name is on the deeds. I have nothing to do with it. I am looking…
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Charging tenant to clean conservatory roof? So stressed out by this
Hi there, I'm an avid reader of these forums but have never needed to post before. Hoping for your collective wisdom to help lower my stress levels a bit (which, as you can see by this 2:30am post, are sky high right now). I've just moved out of a rental property which is under the usual AST and is managed by the estate…
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Buying a house in the Bromsgrove area
Hello all, I am in the process of buying a house in the Lickey End part of Bromsgrove. Does anyone have any thoughts about this particular area? Good or bad?? Thanks!
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HMO tenant rights
Wondering if anyone could offer advice / opinions on any of the following. I'm struggling to get clarity around the rules of an HMO where the landlord lives in the house. The landlord wants a 12 month tenancy agreement with one month deposit and 2 months rent upfront. In the final month of occupancy the tenant will either…
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Skipping exchanging contracts, straight to completion.
I'm almost at the end of the buying process. The sellers solicitor (seller is a government company) don't want to exchange contracts they want to go straight to completion transfer etc. They say if we want a contract, my solicitors or I would need to pay for their contract to be drawn up. Has anyone had any experience of…
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House vendor has sold most of the garden??!
Looked at a property today, it was my front runner. On viewing the estate agent suddenly blurted out that most of the garden had been sold to a neighbour. It was pretty small anyway and it's all the lawn bar a little strip. What's left is some badly damaged concrete and mud (the 'patio') He pointed to a little post in the…
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Interested in making an offer on this house, seems relatively long time unsold
http://www.rightmove.co.uk/property-for-sale/property-39817131.html This seems a decent place, good area, good condition and OK price. It's been on the market for ten weeks, which isn't a long time, but similar places in the area are receiving offers in a much shorter timescale as far as I can tell. The estate agent says…
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House valuation higher than purchase price
We are FTB buying off our landlord for 70k Halifax mortgage valuation came back at 80k With everyone saying its never higher than purchase price im confused Our mortgage advisor said that we wont have to put as much of a deposit down but we were only putting down 5% the minimum anyways Does the valuation factor into the…
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Exchanging contracts help
I haven't bought or sold a house for over 25 years and am therefore not familiar with the current process. We are selling the property of a deceased family member. A buyer is in place and has had surveys carried out and we have agreed price. There is a chain of 3. We have signed draft contract and Transfer at solicitors…
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Asbestos annexe roof
Hey all We recently viewed a 2 bed character cottage in thrapston The rear annexe which is kitchen and utility has an asbestos roof Is this safe? also a guesstimate to replace please - approx 20ft length and 8 ft wide its listed as well presented but my thinking is well in need of completing existing diy projects - broken…
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Title Deeds Request
Hi all, I've recently requested a copy of the deeds to my property from the land register using the Title Number in my mortgage agreements. I recieved an email from the registry stating that due to the size of the documents, they are having to send them by post as opposed to email. This confused me as I don't remember…
