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Buying from, and selling to, the same person.
Hi all. So, our house is on the market for £185k. Somebody came to view it and mentioned that her house was on the market. It's on for £235k (she needs to downsize a bit). We went to look at it and, subject to us getting a new kitchen etc. it could be right for us. Obviously there is a conversation to be had but I would…
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Buying a home - which savings to use
I'm just about to purchase a property in Spain where I work half the year and I need to transfer a large sum to euros for the deposit. Can you: a) recommend any foreign currency exchange companies for such a task b) advise which savings I am best leaving alone. I have both cash ISAs and Premium bonds. Thanks!
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End of joint tenancy and return of deposit
Hello, I need some help regarding the return of deposit. I used to share a house with somebody, we were joint tenants. He moved out and at the end of tenancy I was left alone to do everything - cleaning a three bedroom house with a garden, the whole house was painted, carpets washed. After the checkout it turned out that…
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...house prices on Rightmove
Used to really enjoy this feature until today... We sold our property in 2013, in Milton Keynes. Eventually we accepted £175k. Today, said house is being advertised for £280k. Im not going to lie, im gutted. Our current property has "made" 30k but its incredible how much prices have gone up in MK Amazing to think that we…
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Can I pull out after exchange
Long story but we finally exchanged on a house last week. I asked if the sound proofing was good and if the neighbors were quiet the owner said yes. I went round this morning to measure up and could hear shouting through the walls, music and banging. The owner was in and just shrugged it off saying it didn't bother her.…
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Condition Rating 3 on Homebuyer's survey - who pays?
Hello all, First time buyer and long time lurker on this forum. Needing advice as per title. We have had an offer accepted on a 20 year old 2 bedroom flat in a purpose built block. The mortgage has been approved and formal offer rec'd. Solicitor is conducting local searches. Upon viewing the property, things seemed to be…
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Link Detached House
We're interested in buying a four bed detached house. We've found one we like but it's link detached. On one side it's completely detached but on the other it's attached to a single garage. My concern is that if this or the next owner decides to convert the garage into a family room then we could get noise across into…
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Solicitors checking contract & searches
So my solicitors are now in the process of checking the contract that's been sent by the vendor's solicitors as well as all the results from the searches carried out. What sort of time frame does this take? They have said it will take a week to check it all and get any queries ready to send back to the vendor's solicitors.…
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Proceeds of sale and crashing pound
I live abroad and am due to sell my London flat next week. Unfortunately I have to take the money abroad. I will need the money in the next 3 months or so. As far as I see, I have 3 options 1) Transfer the money now and take a hit; 2) Transfer the money using one of the brokerage services (HiFX.co.uk) and mitigate the…
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First Time Home Buyer - Estate Agent Communication!!!
Hi Everyone, This is my first post on here after signing up with the recommendation from a friend. I need some advice! We are first time home buyers, we managed to find a property not too far from where we are living now for £140,000 (offers over). The problem started with the lack of communication I received from the…
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need advice quick
I've been with my housing agency 5 years and it has gone bust so I've been switched to a different agency.. they switched me a month ago, I didn't receive any paperwork or phone calls or emails from the old agency , only from the new one, initially they wanted me to pay rent of £700 to them for the moth of June, but my…
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Internet
Hi All Due to move into our 1st home next week and need to look at getting the net installed. Don't want TV, just net really but understand most require a phone line. Could you guys help out please?
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shower ground floor adds value?
Hello Forum, My 3 bed 2 storey detached has a bathroom with toilet, shower and bath tub on first floor and a toilet on ground floor. The previous owner pulled down a 1 metre slice of wall and built a shower 1 x 1. The problem is on the adjacent room available space that is now reduced by the "shower box" made of bricks.…
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Trying to get deposit back
Hello, need some advice about my deposit. I moved out of my flat on 30/6, landlord came to do meter readings and get the keys. I was under the impression that it was to do the checkout inventory but after he got there he said his partner would do it the next day (which is when the new tenants moved in). I couldn't attend…
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Rental Income & Tax - expenses and relief
Dear forum, - Person A: top tax rate payer, BTL property owner (100% ownership) - Person B: low tax rate payer, not related to person A, no ownership in property, this person B 'manages' the BTL property Can person A pay person B an amount for "managing" the property, and then person A treat that amount as an "expense"…
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Freehold Purchase
Hi There, I recently made an offer to my Lessor to purchase the feehold of my house for £1800, however they have since responded that they are not interested in selling at this time!?!? I'm wondering if anyone on here is able to tell me if our offer was a fair one or unreasonable, as I based it on the price one of my…
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Warning to Next Buyer!
Hi, My partner and I are first time buyers and have had to make the difficult decision to pull out of our purchase. This is not a decision we took lightly, but it was the best decision for us. Now we don't want another first time buyer/buyer to fall victim to a dishonest estate agent and vendor we were dealing with. We…
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Open Market Homebuy
9 years ago we bought out first property using the Open Market Homebuy scheme. This meant the 10% was a loan raised for the deposit. You are meant to return the 10% on sale of property. We are looking to move but have struggled to sell (for a couple of reasons). So we would like to look into moving to a Let to Buy mortgage…
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Where in London would prices be worst hit because of Brexit/Whatever?
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Buying house but plan is wrong
We are in the process of buying a house that is 5 years old but the plans have come back and it is for a different house. Because the house we are buying is down a small private drive with 3 other houses this is not on the plan. The solicitor has said we need a proper plan as it might be classed as a private road and…
