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Renting out my house while mortgaged
We want to rent a house in the countryside to try out the lifestyle before comitting lock and stock and barrel. That would entail renting out our current house as we may wish to move back in a year or two (or not!). Our existing mortgage is with Skipton and we have lots of debts and bad credit so remortgaging is not an…
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Finding a deposit for rented home in London
Hello there, I've recently graduated and found a grad job in London, the only thing is that I'm struggling to come up with the money for a deposit since it's like 6 weeks rent plus agency fees. I've found plenty of houses within my budget (I'll be renting with some people I know) but I didn't realise the deposit would be…
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Living in a house which has deferred payment for house selling (step nan in care home
Hi. My step nan is about to go into a care home so I was thinking I could move into her house and pay her rent. She is planning on funding the care through a deferred payment scheme through the council whereby the council pays now but when my nan dies, the house will be sold and pay the council back. Will the council mind…
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Compensation to tenants for disruption?
I rent out a two bedroom home to a lovely family who have been my tenants for over 3 years. They are very good tenants. We recently had to spend two months in Canada and, as luck would have it, a week after we left there was a serious leak from the roof which caused extensive damage to the bedroom ceiling and decoration.…
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Help to buy ISA - skipping a month
I have a help to buy ISA. In my ridiculousness I missed my payment this month (thought I looked a bit flush!) and don't think I'll get it in on time as it always seems to take a while to transfer over. Is that ok? I know I can't 'catch up' and put more in later, but I'm assuming it's okay to not make a deposit? I'm more…
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Help to buy bonus
We are currently saving for a deposit for our first house, and we were planning on using the governments help to buy isa scheme, however reading the small print it states: The Help to Buy: ISA bonus must be claimed on your behalf by a solicitor or conveyancer in anticipation of the completion date. The bonus must be…
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Who should I go to for advice?
In a nutshell... We own a 4-5 bed house with a £350K mortgage/.debt costing around £1500 per month. It is in St Albans Herts Houses like ours in this area are currently renting out at £2.1 - £2.5K per month - ours is probably toward the mid lower end. Selling for around £750 -£850K - ours is probably at the mid - lower end…
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Offer advice - first time buyer
Hi Sorry I'm sure this question has been asked many a time, I am after some advice on offer prices for a FTB. The flat I'm interested in first came on back in March 2015 with an agent for £139950 was then moved to another agent in October 2015 for £140000 and has since been reduced to £135000 then to £125000 in April this…
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First time seller
So we accepted an offer 5 weeks ago on our house and today we have recieved the contract and land registry documents that we must sign etc also 2 queries that have come up about when the gas heating system was installed and if we have ever been charged for party wall works. Does this mean it's coming to an end :D
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Surface Water Sewer UNDERNEATH THE HOUSE!!
Hello guys :money: I'm well into the process of buying this particular house (which was made in the 80's). The Thames Water property search uncovered this underneath the house. 1. Does this make the house at greater risk of subsidence? Leaking drains seem to cause this. If the surface water sewer leaks, is the house at…
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Council Tax and Letting
I was letting my flat on a 1 year AST while I relocated 170 miles for work. The tenant presented himself as a single person and was responsible for all the bills including Council tax. I had no issues with him. Since I temporarily moved back for a couple of months and took possession of my flat I have been received a…
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FTBs - What to offer
We are FTB ers with a 10% deposit and an AIP in place. The house we have seen seems to tick all the boxes but unsure what to offer initially as its been on and off for the market for over a year with different prices according to zoopla. Any suggestions what to start at ? March 2015 - £209,950 Sep 2015 - changed EA offers…
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Service Charge and Ground Rent on House in London
Offer accepted on a Victorian house in SW London. We're about to exchange but have just had the management pack through from the freeholder detailing the costs payable to them. We were told they would be around £500pa which was ok. However, it is in fact £1000pa ground rent £500pa service charge £500pa buildings insurance…
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Leak under the floor fixed, but have some questions??
Hello All, Long story cut short, I had a leak under the floor(CH pipe leak) which has been fixed by my buildings insurance and I now have few questions around this. Appreciate if you nice people can answer. 1. Buildings insurance are saying that I need to wait till the property is 100% dry(floor and walls) - plaster has…
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Stamp Duty confusion
OK so I live in a flat and my mortgage will be paid off next December. My thought is to remortgage on a buy to let and use that equity as a deposit for a house to live in. I am beyond confused about the stamp duty rules now. The house that I am going to buy will be my main residence, with the flat ceasing to be my main…
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Tenancy Liability Insurance?
Me and my partner are about to rent a flat for the first time and have been asked to get 'Tenancy Liability Insurance'. Can anyone tell me if this is a legal requirement, the difference between this and public liability insurance, whether that is what the deposit is for, doesn't landlord insurance also cover that, and…
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Sempatap
Has anyone used SEMPATAP THERMAL for a cold wall. This has been recommended, but I can't find any reviews. Failing that working, I was was thinking of having a house warming party before the Autumn ha ha. All jokers welcome here, I know you are there. Seriously though does this stuff work? Tips
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FTB and considering a repossession.
Hi all, I am a FTB and recently went to view a flat which I thought would be my dream home. It was in a great location, close to amenities and transport links and good routes for commuting. It wasn't until I entered the flat that it became apparent it was a repossessed property. Naturally, I was disappointed as of course…
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Lodger Done / Doing a Runner , with £700 owed - what can I do ?
Posting this for a friend of mine. He has a lodger who rents a room in his house , all official with a contract etc and has been there since 8th may. Lodger owes £300 in rent , and £400 is due today for next months rent as they have NOT given notice to leave. However his room door was left open and they've noticed he's…
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Another viewing after offer accepted
Hey everyone, We have had our offer accepted on a house we want to buy a few weeks ago. Everything is currently in motion, survey booked, mortgage valuer, solicitors etc. We only had one viewing and we made a offer quickly based on the amount of interested the house had (there seemed to be a few viewers, and good houses…
