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Leaseholder of flat - Maintenance issue - Advice needed
I own the lease of a flat and have done for 6 months now. It is a ground floor flat in a terraced house that has only one other flat (on the first floor). The other flat is owned by the freeholder. The building is double bay fronted, without guttering on the top of the first floor bay. This is causing water to run off…
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Buying: Regularisation and loft without regs
Hi there, Please could you help. We are buying a house which has a loft conversion which was done in 1993. It was done by the buyer before the current owner. The homebuyers report said to check whether it had building regulations approval. The seller said it didn't need them, but advice from the council confirmed it does.…
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House buyer - is this ethical?
Hi I am new to this forum but it seemed like the best place to post my query. We have sold our house to a cash buyer who initially wanted a very quick turnaround but in the last few months has been putting lots of obstacles in the way. About 3 weeks ago (the week we were meant to exchange) he asked for another survey. He…
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Help please first time buyer
Hi all, I'm looking into buying my first home with my other half. I have £20,000.00 saved and him £15,000.00. I earn £18,500.00 and him £17,000.00 (we both get overtime and bonuses but I've not included this as its not always guaranteed but comes to about £1,000.00 each a year) He has perfect credit never a late payment…
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Owning my own house but want to go travelling.
Hi Guys, Just wondered if anyone has had this problem before and want some opinions on what to do. I want to go go away for a year or two to travel the world a bit. I own my own house with more the enough equity in it to rent it out but am in a fixed term repayment mortgage with nationwide, probably with 2.5 years left.…
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Owning my own house buy to go travelling.
Hi Guys, Just wondered if anyone has had this problem before and want some opinions on what to do. I want to go go away for a year or two to travel the world a bit. I own my own house with more the enough equity in it to rent it out but am in a fixed term repayment mortgage with nationwide, probably with 2.5 years left.…
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getting deposit back
I am leaving my property soon my landlord dosent talk to me properly just sends letters even though ive been a tenant for many years. So I'm not going to bother talking to him, am disgusted over lack of repairs also so please tell me how do I ask for deposit back. I presume I do that when I have left. The deposit has been…
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Will my partners finances affect getting a house?
Hi there me and my partner are wanting to get a house eventually. He doesn't work or have any savings, I have savings for a deposit on a house and intend on getting a mortgage for a small respectful house one day. My partner is currently in thousands of pounds of debt (from before I was around) and is unable to get credit.…
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Deposit Gift Letter
Hi, My mum is giving me a large portion of deposit money as a gift and my solicitors are asking for a letter to confirm the gift and state the terms on which the gift is being made. Does anyone know if there is a particular template I should use for this letter? Thanks, Matt
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Buying a House without a Building Certificate
My cousin and his wife are keen on a property that fits their criteria. They has been told that the recently completed extension (in April) has not been issued with a Building Certificate. He has spoken to the private firm inspecting (BC) the build and been told that it hasnt been issued for two reasons. 1. consumer unit…
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Estimating redecorating costs?
I'm looking at an estate sale property, which is mostly in good nick but has very dated fixtures and internal decoration. Any good rule of thumb to estimate costs of redecorating? Would need new kitchen, bathroom, all rooms repapered, probably new floor coverings too? I'd be looking at mid-range or better products (a bit…
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Interest query
I am thinking about if it is better for me to rent or buy a small flat. I have a question about the interest you pay on a mortgage. As an example, say I take out a £50,000 mortgage over 25 years and the interest rate is 4% and don't I switch mortgage at anytime. Putting these numbers into the thisismoney calculator, it…
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Preparing to buy first home- Worried about neghbors
One of my main worries about buying my first house is neighbours, more specifically them being too loud or us being too loud. I'm a musician, and we like to watch films relatively loud. It was never a problem (somehow) in the flats we lived in for 8 years, and its not a problem in the semi we're living with my mum in at…
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Special conditions of sale - Red Flag??
I'm reading through a legal pack of a property in auction which I'm interested in buying. It includes 'Additional Special Conditions' and one of the items caught my eye: "The amount paid on completion shall be a final figure and the BUYER shall be responsible for the payment of all monies due in respect of any rent, rent…
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How to Re-Negotiate House Purchase Price?
If I have the house survey report back, does the solicitor highlight any potential problems to us? Do they say approximately how much it would be to fix? Do I go through them to re-negotiate a purchase price or do I go through the Estate Agents? Sorry, all new to me!
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Buying share of Freehold
Myself and the other leaseholders of a block of 4 maisonettes are keen to purchase a share of the freeholds of our properties which are on 900 year plus leases. We understand that the cost will be about 1% of the market value of the house. and that we have the right to purchase these freeholds. The firm that own them are…
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Investing in buy to let... repaying mortgages?
Hi All. Trying to get my head just 'settled' in the long term plan for investing in property and more or less thinking out loud here and wonder if I can have some viewpoints from existing people who run their own buy-to-let investments? I've paid off my own house and decided to use some spare capital to invest in 2 x…
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confusion over where to lodge claim for refund of holding deposit
ive posted before about the outrageous behaviour of a landlord in london who are now refusing to refund our holding deposit this means we will have to go to court to obtain our money but moneyclaim online website stated they do not accept claims for tenancy deposits and when i phoned them to clarify if this included…
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confusion over whree to lodge claim for refund of holding deposit
ive posted before about the outrageous behaviour of a landlord in london who are now refusing to refund our holding deposit this means we will have to go to court to obtain our money but moneyclaim online website stated they do not accept claims for tennancy deposits and when i phoned them all they would say is that they…
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Buyers pulled out
Hi, after some advice. We sold our house back in March and subsequently had an offer accepted on another property a week later. Things were going swimmingly, but then our buyers pulled out about a month ago citing that things were moving too slowly. Our estate agent advised us not to inform either our solicitors or our…
