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Advice on family moving in
I am a secured tenant for a housing association (social housing) in semi detached house with 2 rooms. I am still living here but my brother in law and his mrs and their 2 kids have recently been made homeless. out of the kindness of my heart i have decided to let them stay with me free of charge for the near future - they…
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Selling our house and had ridiculous offers recently
We put our house on the market end April with online agents. We have had two insulting offers way below the guide price, the latest from a local couple who let their kids run riot through my flower beds then offered 60% of the asking price, and admitted they were looking at places beyond their budget. When we rejected the…
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Condition of property between offer accepted and completion
We had an offer accepted end of April on a vacant property. It is owned by a company (several hundred miles away) -according to the EA it is one of the companies where the previous owner had sold it to release equity but then remained living in it for about 10 years. The property was on the market for almost a year by the…
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your opinions on cheapish commute and reasonable housing locations
Im currently living at home still and have saved a 30k deposit, i have inheritance incoming possible of around 40-60k in possibly 6-7 months. looking at london rents it is currently horrendous, i would prefer to go the mortgage route and you dont really get much for 200k in London... so looking slightly further out such as…
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Help - Stamp Duty advice
Hello All, I am currently in the process of purchasing a property and have for the past 6 months been told by our Mortgage advisor (whom my family and I have trusted for years) that I am having to pay the higher rate of stamp duty for reasons beyond my control. Unfortunately my father passed away of motor neurone disease…
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Need help,rent arrears and dismissal
Ok I lost my job on the 26/5/16 dismissed for gross misconduct,I've already had my appeal hearing and awaiting decision,but I have dug myself a hole and don't know what else to do so any advice welcome and appreciated,literally from the minute I was dismissed I hit some kind of personal low,I drank the first 3 days with 3…
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Advice Wanted Please!!
Hello, I had an offer accepted on a two bed flat in South London (Zone 4) in October. I had the relevant surveys done on the property including a damp and timber specialist and a roofer and invested around £1300 including some up front solicitor costs. The flat had a very low lease which the seller kindly offered to…
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Restrictive covenants and indemnity
There is a 13yr old restrictive covenant on a property I am purchasing that restricts you from converting the loft space. The beneficiary of the covenant is still living next to the property. I have been advised that there is a possibility to take an indemnity policy that would cover any future breach should we go ahead…
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FTB....Got The Building Surveyor Report
Hi, I am in the process of trying to buy first property, after the building surveyor report he uncovered that their is rising damp and beetle infestation in floor boards....... I would like to known peoples opinions and if they have been through this and what their approach was ... is it a case were you renegotiate the…
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Credit check from landlord- debt management plan
Hi I wondered if anybody could help me. I'm having a terrible time right now as I have just spilt up with my wife and urgently need to find another place to live. We currently privately rent and there has never been a late payment or missed one. I also own a house 200 miles away which I rent out and the mortgage has never…
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Mortgage interest deduction on rental
Hi, Quick question if anybody can please help. I started renting my house out last august. Im just wondering for the purpose of filling out my self assessment. How do you work out the interest I can deduct, as my bank have sent me a certificate of interest for the tax year April 15 to April 16. Do I need to portion this…
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Buying a buy-to-let as sole property - stamp duty?
Hi, We are thinking of buying a property in order to let it to my sister. We do not own another property as we have just sold our previous home in the UK and currently live in the US where we are renting. Our plan is to buy an investment flat while we live here, then when we return in 3 years we will sell. But will we have…
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How much cash will I need?
I wonder if you wonderfully knowledgeable people can help me, please? We've got our eyes on a new build house (which I'm sure that some of you eagle-eyed viewers may have noticed from some of my other posts around the board). It's been 17 years since we bought our first and current home, which we bought directly from…
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Solicitor's requesting deposit & remainder of fees - no exchange date
FTB here and I'm a little confused. We received a letter from our solicitor today which states the following: 'I am pleased to inform you that the purchase of the property is now well progressed. I have received your Mortgage offer and satisfactory results to all searches submitted on your behalf. I am merely awaiting…
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Really need help! Re: Alternative Accomodation
Our flat that we rent out was destroyed in a fire on Saturday, the tenants are currently homeless. The council keep calling saying it's our responsibility to re home the tenants but I don't think that it is. The fire started in the neighbouring council flat and spread to ours causing fire and water damage. The building…
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Do I need buildings insurance on my property before I sell?
I've had a mortgage on my flat for almost 11 years. For the whole time, I have never taken out buildings insurance. It is a first-floor leasehold flat which is maintained by a Property Management firm, so I don't know whether they would already have buildings insurance against the flat? I'm not sure how my lender would…
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Negotiating kitchen appliances
Is it normal to adjust the offer price on a house to account for appliances? Making an offer and stating the offer includes all appliances, but reducing it a little if the seller says they'll want to take something with them when they leave? Or is this just being pedantic?
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3 generation living
Does anyone know where to get advice on legal and financial implications of us, our daughter with her husband and two teenage children wishing to sell our properties to purchase one larger house , or house with annexe to enable us to live together. I can't seem to find much information on this but can't believe there is…
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Questions to Secretary of State for Communities and Local Government - 6 June 2016
On Thursday 6 June, MPs asked questions to the Secretary of State for Communities and Local Government on topics relating to social care costs, jobs in coastal communities and regenerating railway stations. What steps his Department is taking to ensure the building of starter homes. Whether the Government plans to revise…
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Buying a second property info
Hi, I own a 2 bedroom flat in bedroom and am thinking of purchasing another second flat for my brother. My brother has limited earnings as is not British (he's on a work visa) so wanted to see if I would be able to get a joined mortgage with him and help him get on a ladder while using this as an investment for mysel. I…
