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Buying a home with uneven contributions
Hi all, Myself and my partner of 7+ years are buying a new build property together. He works full time and earns a very good wage (60k pa), however I am currently a mature student following 3 years of being on employment support allowance due to severe mental health issues (lifelong). I have suggested to him (and he…
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What type of contract do I have?
So it's a familiar story. I've got a new job but have a few months left on my tenancy agreement. But I'm not sure what my rights are as I'm not sure what type of contract I have, and different places using different terminology is confusing me as well. So I rent a studio flat below her main house. That I live in the studio…
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Timber Treatment long term effects
Hi. We have been househunting for a couple of years and had two fall through and have finally found a place and due to move in 3 weeks. All boxes ticked. And then owner mentioned timber treatment had been done through the whole house 10 years ago. I'm a bit worried about this as I am asthmatic and sensitive to all kinds of…
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Naive not to negotiate after survey?
I've had survey back on a house I'm buying and people keep asking if I'm going to try to get money off for this or that. Before I put in my offer I was told about all the identified problems, or they were obvious when I viewed. I don't want to try to negotiate on things that aren't 'new' and there's nothing flagged as…
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I'm now being sued by the purchaser
So last year we sold an unoccupied house. It went on the market in January 2015. We completed all the relevant disclosures (form TA6) and we tested and then correctly and truthfully signed to say that the heating system was working. Two purchasers had surveys done but dropped out of the purchase and eventually we found a…
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Would you go into rented if you run the risk of losing your buyer?
Hi, Just seeking your opinion on a matter which has been hounding me for sometime but now we are faced with the situation. We have accepted an offer on our property twice since last year May. First set of buyer's fell through in February this year as buyer needed to extend mortgage offer but was declined due to starting a…
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First time buyer - working aborad
My partner & I have put a first refusal deposit down on a local new build development. We love the plot we have managed to secure however we have been given the opportunity to move to Australia for two years with a new job. We are first time buyers & we have a 20% deposit for the house which is currently valued at…
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Purchasing a freehold before it goes to auction
A few weeks ago my partner received a notification that her freehold was going to auction in 8 weeks. We have attempted to contact the owner, and have finally been passed on to his solicitor who we intend to ask for an informal quote for buying the freehold, but I wanted to run it past the learned MSE forum folks so I am…
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Should I get a survey?
Should I get a survey on a new(ish) house? After some quick advice. I'm buying a house which is 4 years old, and therefore still covered under the 10yr guarantee on newly built properties. I have received a quote of ~£300 for the most basic level of survey, which was recommended to me based on the age of the house. As this…
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First Time Renter
Hi everyone, I'm looking to move into my first rented flat and was looking for some advice on monthly outgoings/ payments etc. I've seen 1/2 bed flats in my area at between £350 and £375 a month. How much does everyone else spend on energy, groceries, phone/ broadband/ TV, travel etc? I also have a car, which I need, for…
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To Sell or Not to Sell. That is the Question
Hi All, This is my first post on here so please be gentle!! I currently have a 100k interest only morgage on my lease hold flat. The interest rate is now on the SVR of 2% so my monthly payments are £212. This has allowed my partner and I to save up a decentish deposit for a new home in the 300k region. My question is this:…
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Plan to move out of parents
Hello, I'm a full time working 35 year old guy with no partner or kids. I am wanting to move out of my parents house but have a few problems doing it. First of all, I already own a tenanted property which is where most ofy money is invested. Sell it or evict the tenant you say. Well I have been trying to sell it for 2…
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Deposit not registered - please advise
Some time ago, in dire straits as a LL, I did not register the tenants' deposit when I should have. I was unaware of the recent 'Gov amnesty' until now. The tenants are on a 2 month notice period to quit (Form 6A) as I want them out for late rent payments. Is the Form 6A going to hold up, or do I need a Section 21? I can't…
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Offer Accepted - Advice on the first few months!
Hi Everyone, Subsequently since my last post 2-3 days ago our offer was accepted on a 4 bedroom detached house in Gainsborough (Lincolnshire) at 135K. My deposit is 14K. I don't mind mentioning that I earn on gross around 39-43K a year but my basic is 31K. I (being a the sole signature for the mortgage) was so excited but…
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Renting a flat out room by room as opposed to renting out the whole flat
My tenants will be moving out soon and I'm wondering what to do about renting the flat out. I've always rented it out as a whole flat on a conventional ast. But wondering if I'd be better off renting it room by room. I think it'd be easier to find tenants and I also think I might make a bit more money - which I could do…
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Renting Disaster - Need Advice
Hi guys, So myself and 3 other friends have rented a 4 bedroom flat in Glasgow through a lettings agency. Everything seemed to be going okay until my friend went to collect the keys from the agency, where she was told that there was outstanding money on the deposit (a sum of £900) which she paid. After getting into the…
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Extending a lease
When purchasing a flat with a short lease (<60 years) what is the earliest you can start the process to get it extended?
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Certificate Required to Finalise the Land Registry Application
Hi everyone, 8 months ago, my Sister bought a house on the shared ownership scheme. Today she received an email from the solicitors asking for payment for a certificate which is required to finalise the land registry application. This is what the email said: I write further to my letter of 13th July and would be grateful…
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Selling flat, does it look OK?
Hi, I've recently put my flat on the market and I'd like to know if there's anything that would put potential buyers off or anything that could be done to make it more attractive to buyers. Here is a link to the listing on Rightmove: rightmove.co.uk/property-for-sale/property-54877474.html Sorry, I can't post links yet.
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ADVICE - Best blinds to fit on Rental Property ?
Hi All Just wondering what other landlords fit to their properties... I have just had a tenancy coming to an end and ALL the vertical blinds need replacing !!! Are horizontal better ? Anyone advise ?
