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Remortgage
Hi, I hope this isn't already a thread, apologies if it is. Just wondering if anyone has experience of this? I am considering a remortgage to interest only for my BTL and considering my options. I was wondering if its better idea to overpay the mortgage with the extra rent yield or invest it in a bank account accruing…
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Want to buy freehold from a 999 year lease, how much is it worth?
Hi, I want to buy the freehold from my 999year lease maisonette flat- I want to do alteration work and rather than involving the freeholder, it'd be easier to buy it. I've been told it should be very cheap- my ground rent is only £50 a year. There is a person that lives below me (1930's purpose built maisonette) so I'm…
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Termination period new build notice
"the developer can offer completion on notice, anticipated for December 2016 with a four month termination period" I got above from my solicitors, what is important of 'termination period'?
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Urgent advice needed - planning granted on neighbouring property without consultation
Team, I'm in need of urgent advice. Major construction has started 2 feet from my back garden this week, at first I thought it was just some minor building work on the neighbouring property but a full-scale construction project is underway. Upon checking the local planning portal permission was granted in April to convert…
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costs (taxes) involved in gifting a mortgaged property to my Son
Hi, I currently have a mortgaged flat that i have rented out. The plan was always to leave/gift/give it to my Son, but as the mortgage interest is no longer fully tax deductible and he's a student not using his tax free allowance it seems this might be a good time to gift it to him. There is 160k outstanding on the…
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Best to let leak dry itself, or use heater?
In past 6 weeks have had 3 large leaks lasting 2/3 days a time (actually 2 weeks gap between them every time) What I did each time when the leak slowed down to a point it was a few drips a minute rather than constant was leave heater on in bathroom overnight to help dry things and normally by morning the majority of wall…
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Turning property over to sister
Hi, I wonder if anyone can give me any advice. I currently own a flat and since getting divorced the court has ordered that my ex husband hand his half over to myself and our children. The problem is I need to remove his name from the property. It currently has no equity in it and my sister has offered to take the property…
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How to track down vendor
Hi everyone, First timer here so please be gentle! I've just completed on my first house and am really not happy with the condition of it and the amount of work I will need to do. I've asked the estate agent for contact details for the vendor but they won't give them to me - they're saying they're prevented by data…
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Getting deposit back from rental house
Hi all, I've been renting a house for over 4 years and have just bought my own house which I should be moving in to in about 8 weeks time. My landlords lived in the house I rent before me and I am the only tenant they have ever had. They are very aware I have been a good tenant (never missed a rent payment and I have kept…
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Personal item removed from rental property
Hi all, After some advice to be ready for the morning if possible :) Apologies if it's come up before but the search won't work on my phone! We've given notice on our rented flat as we complete on a house tomorrow (tenancy ending 30/9). We bought a freezer a couple of days ago and had popped it on the ground floor communal…
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Notice to quit not being accepted.
Hey, First time posting so will keep it short and to the point. Private tenant in a 1 year agreement that ended on 11/08/16. Kept the property on as we were waiting for a new kitchen being fitted before signing a new lease (agreed with landlord and letting agent). Fast forward to now and after issues with the landlord…
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Offer accepted - what now?
So we have had our offer accepted on a house we love. The vendors are looking for a 6 week turnaround and we were hoping for less so all ideal (I know it may not be so quick but our lawyer and their lawyer are aware and have been since we appointed them`) - so my question is what should I be doing? We don't have an estate…
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I need re-assurance that I'm doing the right thing
Since 2008, when hubby lost his job, I've tried and tried to get my bank to allow us to move to a cheaper home. I tried everywhere and nobody would touch us for a mortgage - leaving us trapped in a house that was costing us too much, and so we got into a lot of debt. Anyway, CAPmoney took on our case (who are absolutely…
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Question for Land Registry rep
Hi, I've just purchased a plot of land to increase the size of my garden and completed on this on 10th August. I have a fully completed TP1 form. I now need to register this new title in my name. Do I just need to send the original TP1 document to my local Land registry office, which I believe is Birkenhead, with a payment…
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DPS Complaints & Appeals
I've had a lot of problems with the DPS after leaving a property with an ex-partner earlier in the year. You can skip the next paragraph if you don't want to know the backstory. I was the lead tenant on the property but it was rented together. I left in December however my ex was part way through a course at university. So…
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Application for Rectification - any experiences?
Hello all! Very briefly, we had an offer accepted in December, valuation completed mid-January. In late March the solicitors identified how the OS map's boundary is different from the Land Registry's title. The OS is correct, so an application for rectification has to be made. The vendor, her neighbour and their respective…
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Is change of deeds needed for conservatory
We are selling our leasehold maisonette in south London and our buyers solicitors are now asking us to provide alterations to the deeds. My question has anyone else been in a similar situation and how did you resolve it. Our buyers solicitors say in a letter to our solicitors: "it's the client’s duty to deduce title and to…
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Indemnity from Previous Owner
Hello - we've just accepted an offer on our house yesterday. We bought 3 years ago and the previous owner purchased indemnity insurance to cover lack of building regs/fensa certs for our double glazing windows which they did themselves. I believe this covers all future owners but I'm not sure whether I pass this on via my…
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Buying when living abroad
Hi Wondering if you knowledgeable ones can help Our son is resident in Australia He's earning quite well but living in Sydney, he can't see him ever able to buy a property there When he was home for Easter he was talking about perhaps buying property here as it really is so very cheap Is that at all possible ? If it is,…
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Issues with solicitors :( Am I justified in being angry?
Hi, I will try to keep this brief and to the point. 10 weeks ago we made an offer on a property. It was accepted and things began. We instructed a solicitor, spoke with a mortgage broker and all was fine. We knew through the estate agents that the property was subject to a 'claw back provision' but the actual details of…
