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BTL declaration
Hi all, Bit of advice please. I have just purchased 50% of my Gf's BTL flat and therefore this I believe will need to be declared in relation to any tax I pay. I am currently a HRT payer (PAYE) and when I spoke to HMRC they said that if you can show you won't earn over a certain amount per year there would be no tax…
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Where to buy ex-bulk furniture from 'designer' hotels/student accommodation?
The furniture featured in posh, luxury student accommodation must be bought in bulk somewhere right? They're IKEA-like but not exactly IKEA. IKEA furniture are too instantly recognisable. Where might one buy second-hand furniture of this style? Examples:…
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Relocation Expenses and/or compensation for devaluing property
I am looking for advice in relation to a new development which our North Hertfordshire District Council will likely approve based on the 40% affordable housing they are being offered alone at the Roundwood site in Back Lane, Graveley. The plan in to build 360 dwellings nearby and:* use our road as access road for…
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Vendor mis-representation
I bought a house with a large south facing garden in September 2015. I was concerned about the size of the garden during the buying process, so I asked the vendor how much maintenance was necessary. She said just mow the lawn once a fortnight and the rest looks after itself. Pleased with this, I continued and bought the…
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New Build: Have to use their broker?
Hi all, We are first time buyers and are looking to use the Help to Buy Equity Loan scheme. We are looking at a Persimmon (have read some mixed things about them so slightly concerned anyway!) new build property. We are in a reasonably good position and already have a decision in principle for a mortgage. However Persimmon…
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Pet clause in lease nightmare!
Hi all, Really need some help! I am in the early stages of purchasing a small flat and have a dog... I know that renting with a dog can be difficult but I didn't know buying would be! So I have paid nearly £900 at this point to surveyors and solicitors and last week I received the lease from 2004 and read through it find a…
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Service charges on freehold property?
I've just got the paperwork back from my solicitor for a property I'm about to buy and I've learned that there is an annual service charge that must be paid to a company to maintain the estate. The charge isn't much (~£100/year), but it's due to a covenant it's not optional. The charge is apparently for maintenance of the…
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Being gazundered
I am in the process of selling an empty flat which was my home until I moved in with my partner last year. I accepted an offer in May from a couple who in turn had accepted an offer from a first time buyer. Now, we are almost ready to exchange contracts and the FTB at the bottom of the chain have decided they want a 15K…
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Conveyancer recommendations - Wakefield / leeds
Hi We are FTBs with 4 viewings this week so hoping to put an offer in on one of them. Completely aware that every case is different but would welcome any conveyancing recommendations in the Wakefield / Leeds area. Regards Rob
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Title Transfer
I need some help please! A couple of years ago, I bought a house outright with the proceeds from my divorce. Originally, it was for me to live in with my teenage son, However, as it was in a different area to my son's school, it dawned on him that he would have to change school and leave his friends. He was ok with that…
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Akward Neighbours...
The back edge of our neighbours garden borders our driveway. There is a fence running along the majority of the length except a small section where they have built an eyesore of a lean to greenhouse/conservatory looking directly into our driveway and garden We only moved in a few months ago and haven't really had any in…
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wording on a letter (factor fees)
looking for a little help with wording on a copy of a letter I received on a letter from the factor (to the sellers solicitor) it mentions the amount outstanding on the account and also an estimated amount due to the date of sale, it then says "we request the that the sum of £££ be retained from the sale proceeds to settle…
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Ex won't let me leave joint tenancy
My ex and I have lived in a rented house for just over a year. He was on very low income and has very bad credit history but together we got the home based on my income alone. It has been a very abusive and violent relationship, and he has let me pay all bills, including debts of his whilst he hasn't brought a penny…
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Help To Buy - early transfer of funds?
Hi, We are less than 10 days to completion on a new build property. Going through the usual pre-completion process we were slightly confused to find out that the developer had requested (and received) their funds from Help To Buy 2 months earlier (i.e. just after exchange). Is it normal for funds to be released this early?…
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Advice on surveys/valuation?
Hi, im looking to purchase a property and I'm trying to understand the different surveys.. I want to get a building survey for my piece of mind, but I would like to know if this would contain all of the information from the level 2 survey? I understand I would still need a valuation but I'm trying to understand if I need…
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Paying off Help to Buy
Hey Folks, Me and my partner bought a house using the help to buy scheme. After 5 years we will have to start paying interest on the help to buy and I am also aware we can only pay off the help to buy in 1 or 2 lump sums after having our house revalued. My question is, once 5 years is up we want to pay off the full help to…
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Landlord has given notice....
Hello all, landlord has given notice...we have been at the property for 22 months...we are out of the fixed term and in to rolling. Landlord wants to move back in as has decided he does not want to live with his mother any more... The thing is we are a family of five and were going to buy a house in the spring....this…
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Property Transfer to Spouse
Hi, I purchased a property in Scotland in 2006 worth around 125k. When I met my now wife I transferred 1/2 of the property with no payment changing hands in 2015. This is not a second property and our main residence so I don't believe there is an issue with paying CG tax, but can anyone confirm if I should have made HMRC…
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completion certificate New built (missive)
Hi, I am buying a new built end terrace house in Edinburgh (first time buyer). I have booked it 2 months ago and it is under construction and hopefully will be available by next month (end of Aug 2016). As in scotland you have to go thru solicitor. The builder want to delete a clause in the missives which is about…
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Shared Ownership Lease
This might be a really stupid question but bear with me. I'm just purchasing a flat, we're pre-exchange and completion but post mortgage valuation/offer etc. We've just been sent a copy of the existing lease. Our sellers originally bought the flat on shared ownership and then bought the rest. Therefore their lease has lots…
