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IFAs and Buy to Let
Hi, I am new here, my first post. I am considering buying an off plan apartment in Sheffield which will go on the market at full completion value in Sept 2017. I could then arrange a buy to let mortgage paying off the interest from rental income. I am aware of some of the dangers of buying off plan, and I am also nervous…
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How much to offer?
Dear all, We are looking at buying a house. It was on the market for £899k, later reduced to £875k with the same agent. They recently moved to agents and its on for £867k. How much would you offer to start with? How much (max) would you pay? More info below: About the property: This is a semi (good size) and its on a busy…
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Is this a reasonable service charge (London?)
Hey guys I need to make an offer on a flat I saw at the weekend, but put off by the high charges. It is perfect location wise, size and a newish build, infra red electric heating. However maintenance charge is £150 pm (included building insurance and water), plus £200 pa for ground rent. I have been seeing older flats and…
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Other relative helping buy a house for my Mum, issue..
I never post here so please be kind, I would love to know if anyone can help? I wonder if anyone knows anything about the following? I just had a horrible phone call from what I will call my sister and this is an awful thing to have to describe but here goes.. My mum wants to move out from her boyfriend’s house, she has…
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Escape of water and dealing with the repairs
Hi All, Apologies for the long-ish thread but I'm looking for some practical advice on a tricky situation... We moved into our home back in 2012 on a 12mthly AST - we renewed yearly and paid the Lettings Agent each year to change the dates on the agreement and continue. For some reason last year (Apr 2015) we dont appear…
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Details for responsibility of boundaries
Hi, I hope someone can help please.... I have spoken with my next door neighbour over the weekend as we have both recently moved into our properties and we were discussing boundaries. I showed them the title deeds that I had which has a red ring drawn around our property but nothing more in depth than that, our neighbours…
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Paying guarantor?
I agreed to be a guarantor for my stepson and his girlfriend who are looking to rent a flat. However, the letting agent are now saying to them that I am a "paying guarantor", which they said means I have to pay the rent on their behalf from day one, and they (the tenants) pay me. I've never heard of this, I haven't signed…
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rent-a-room or let a furnished room Self Assessment?
Hi, Totally confused what situation I'm in. My GF moved in last October and in Jan started paying me £350 a month for living in the house (on the 4th of the month so last tax year I was paid £1400). The house is in my name only, with a mortgage in my name only and I pay all bills in my name (Council Tax - not reduced for…
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Due to Exchange however...
I have only just received my contracts and I am a little bit perplexed, my conveyancer pointed out in his report and said that it's down to me whether I accept that and continue with purchase... The issue is that on the Fixtures and Fittings forms the vendors have stated that the house has recently been rewired and an RCD…
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looking to buy - Stamp duty concern
Afternoon, I was wondering if someone could help me. I'm looking to purchase a property with my wife but will be liable to the extra 3% stamp duty charge as this would be my second home (My sister and I inherited the family home from my parents). If I was to remove my name from the house that my sister and I inherited,…
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End of Tenancy Requirements, no deposit left?
Hi, My Partner, my daughter and I currently rent a property. We are due to leave the property on 28th of this month. The reason we are leaving is due to a breakdown in the trust between us and the landlord, with us being without a working boiler for 10 days (bearing in mind my daughter is a 1 year old) last month without…
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Planning to sell my property
Hi all, I am Philip. I am getting back to my home town soon, so I want to sell my property in Mississauga, I need to get this done as soon as possible. I think it is not that easy to sell this property soon without the help of a real estate agent. Can anybody suggest me some genuine real estate agents like Royal LePage…
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Wait or buy?
We are looking at buying a bigger house (SE London - Beckenham). As buyers, we are in a very good position - AIP and deposit in place. Ready to proceed. We are looking at properties most people would upgrade into (hence in a chain) - so our "no chain" position will (hopefully) get us some negotiating power. The question…
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Vendor changing completion date!!
Any help would be greatly appreciated. We are buying and selling a property at the same time, my buyer is a cash buyer and no chain. The house we are buying we were told at the time of offer that they were going into rented accommodation while they purchased land. So as far as we were concerned no chain and no hassle…
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New Higher Rate Stamp Duty
We currently live in Bulgaria and are going to buy my brother's house for £80,000 to move back to. I've seen that we'll be liable for stamp duty on all the £80,000 as it's a second home, however, our home in Bulgaria is only worth about £30,000 - do we still have to pay the stamp duty?
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Claiming Help to buy ISA bonus
Morning. First time buyer here looking to buy in the next few months. Has anyone used their help to buy ISA to buy a property yet? I opened one the first day they were available and currently have £2k in it (another £200 going in next week). I was just looking for a bit of clarification on exactly how claiming the bonus…
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Should we buy the land.......????
Hi All, I hope someone out there can help!! We live in one of 3 terrace cottages that join a fourth house that is considerably bigger. The owner of the larger house nest door to use on the end ( we are the second of the 4 ) has offered us a piece of land behind the other 3 house including ours. Basically each of the three…
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Help with costs of refurbishment and loft conversion
Hello This is my first post on this forum, and would be grateful if anyone cold help me out with the below I am currently in the process of purchasing a house on the south east coast and looking to do a full refurbishment and loft conversion, I wondered if anyone is able to give me a ball park figure of how much this would…
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Planning permission
Should my conveyancing solicitor have compared the APPROVED building plans from the local council with the conveyancing pack sent from the builder. The property is a new build by a national house builder. We have also descovered that the property has been built on land part of which they do not own it is causing major…
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Loft conversion pre-1985
Hello, I have been searching various forums and cannot find an answer to my particular question. We have just bought a delightful detached 1930’s house with a loft conversion which creates 2 more rooms. There is no record of the work via building regs’ history online but I would guess it was done sometime in the 70/80s. We…
