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Enforcing restrictive covenants?
Hi, We live across the road from a house which has been sold, and a developer is about to put another house on the garden. The planning permission is now through, despite the house being on flood plain area, but we know there are restrictive covenants on the land, saying only one house can be built per plot. So far, we…
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Surveys and estate agents tactics
Hi all, I just wanted to post and see what others think on this as I'm not sure what to do in my situation. I've just agreed a purchase on a property, offer accepted, valuation done, mortgage offer on it's way to the solicitors so we're close to completion. However there have been delays to the survey I've arranged which…
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Buy To Let Costs..
Morning all, I am looking at releasing some equity from our current property which has seen a value increase due to the impending cross rail route into London. What costs we will be hit with if we invest? Stamp duty + extra stamp duty Survey Solicitors fees Are there any additional costs which fall on buy to let investors?…
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Landlaord moving from Estate Agent managed to self managing
Hi Just looking for a bit of advice. I am a landlord, the property is 150-200 yards away from where I live and the tenant knows that. If there is ever an issue(there have only been 2) then he will contact me as I live so close and we do have a good tenant / landlord relationship. The property is actually managed by an…
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Leaning brick wall to be replaced by fence posts
Hello, I am at loss with this issue. Five year ago I purchased a new built property with two brick walls as my garden boundaries. 3 years ago I noticed that the back wall was detaching itself and leaning out. There is now a large gap between both walls in the corner. The developer admitted that the wall is leaning due to…
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Concerns from survey and searches
Survey: - Asbestos potentially present in soffits, verge boards and roof tiles. Expected due to age of property, however if not disturbed do not see an issue. Also could be present in textured ceilings - this is a concern as we are having building work done. We don't think the ceiling finishes are particularly old so…
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First time landlord buying student let
I have never been a landlord before but about to be. Do I need a special account for the deposits or will any of my accounts do as long as I only use it for the deposits? What type of account is best for this? Do the deposits get deducted out of the sale price? or transferred seperately? Some of the students are staying…
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purchasing property with wood burner - no HETAS certificate or service history
Hi, I am in the (long) process of purchasing a 4 bed detached property. We have now been told that the wood burner does not have any installation documentation or service history (it was installed around 10 years ago). An indemnity policy is being provided but I'm more concerned about the cost to make it safe and usable.…
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Is it possible to sell as seen...
A 3 bed chalet on a 1/5 acre plot which is on (the edge) of a larger 3 acre plot which is considered family land, but there is no overall control by any one person or group. It has been "passed down" or in other words left as is through 4 generations and there are a number of other dwellings/people on it with similar…
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Will this "investment" be a PITA
http://www.rightmove.co.uk/new-homes-for-sale/property-57941114.html I wasn't particularly looking for a project, but was looking at houses in the area because my son is about to embark on hunting for his first house. And this caught my eye. I may be a bit Aspergers, because in 3 days I've become somewhat obsessed by it.…
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Buying a house from a couple going though a divorce!!
Hi, I am looking for advise/opinions on our current situation. We are first time buyers and found the house that we fall in love with. After a few offers, we had our final offer accepted and the house change to SSTC ( in March) Mortgage application completed, searches all complete. We signed the contract a few weeks ago…
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Waiting for sellers to find a house since February
Hi, I'm a first time buyer with no chain as I am currently living in a flat which comes with my husbands job. We had an offer accepted on a house in February but since the the sellers have found once house, had an offer accepted and those sellers then couldn't find anywhere and eventually pulled out. I'm starting to get…
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Should you find a buyer before you look at houses
Hopefully a quick one, but we are a little unsure. We have just put our house on the market (awaiting it to go on right move etc). We have also received our Mortgage in principle certificate. What is the norm, do we wait until we have a buyer before we start to view houses or should we start viewing and offering now if we…
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Owed Rent from Tenant advice?
Can anyone help or point us in the right direction of collecting outstanding landlord rent from a tenant? The tenant has now left, but knows (we have handed him in person what is owed) outstanding rental payments, plus damages to the property. Whats the legal stance on this? We have now given them 14 days to pay whats owed…
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Lost my copy of the inventory - should I ask my landlord for his copy?
Hi, I'm due to move out of my flat at the end of June and I can't find my copy of the inventory. I'm know I signed a copy and could have sworn I put it somewhere safe but it's so safe I can't find it. I've been living here for 3 years so it's been a while since I've seen it! Should I ask my landlord for a copy or is it a…
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what happens with a retention?
Talk me through this as if I am really stupid. Damp and timber survey revealed some work that needed to be done - to the tune of 3k. Vendors promptly dropped price by 3k. We decided to go ahead. Bank has put 3k retention on mortgage. I understand this means they will lend us the full amount minus the 3k and we need to do…
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Mortgage offer with special condition
I wondered if anyone could advise, I understand what this means but what I don't know is what will happen if the vendor's insurers are not aware of the previous settlement to the property? As the vendor has only become the legal owner through grant of probate, and I have only found out about the settlement through a…
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RENTING: current estate agent wants to give bad reference
Hi all, We recently applied for a property, which has gone through fine, apart from the referencing. My current estate agent, has called, stating that she can onyl give us a bad reference to the new company. Basically she has to say that we have been un reliable with our payments. This is not correct. I have changed the…
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Estate agent: successful lender valuation survey mean renegotiation is not possible
FTB currently in process of buying... Our building survey has come back with ~8k of 'urgent' repairs. We have been contacting contractors to visit the property to get quotes. The estate agent has sent a message to me explaining that any renegotiation is very unlikely because the lenders valuation survey has been…
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2 jobs, 1 temporary. Chances of mortgage
I have a little dilemma I spoke to my HR department who have informed me that 1 of my 2 jobs is temporary, both are with the same employer. I took a second job about a year and a half ago to help with buying my first home. My second job is temporary until 31.03.18 Basically there is an SLA agreement in place so the post…
