-
Extension wall issue
Hi - I wonder if anyone can advise? We bought a property here in London 7 years ago. 3 bed semi detached. It has a rear extension. Owing to family circumstances, we are having to sell. All has gone wonderfully, BUT the buyer's surveyor has indicated that the extension encroaches onto the next door neighbours property. I…
-
Selling with home rights
I'm confused about the order to do things during divorce proceedings when selling a property. Currently we live in a house, together with 1 8 year daughter. House is only in my name, and mortgage is only in my name. I pay for all of the mortgage and bills - despite her having a job (one of the reasons for wanting to…
-
Letting out my property whilst living abroad
How easy is it to let my property out when I move abroad? And does anyone have any experience doing this? I know I have to tell my Mortgage provider, do I need to switch mortgage product to do so? I am only moving abroad for 1 year so would it be easy to switch back to a residential mortgage when return? My current term…
-
To pay or not to pay indemnity insurance for a historical right of way? Help please!
Hello clever money people ;) I'm selling my house and my Buyer's solicitor is requiring indemnity insurance for a historical right of way across my property to my neighbour's garden. When I bought this property 9 years ago, my solicitor didn't ask for indemnity insurance and I'm very reluctant to pay it now, especially as…
-
Full process of house moving house - Selling and Buying
Hi all Please can someone run through the full process of moving house and in what order you do things. I would expect that the first thing to do would be to have your current house valued to establish what it's worth and what equity you would expect to have. What comes next? Do you put it up for sale and also start…
-
Renting : Fixed Tenancy with Break Clause, advice on wording.
Advice please... We are about to sign a Fixed Tenancy Agreement with a Break Clause (we are the tenants). Upon inspection of the wording it appears that some sections in "Ending The Tenancy" reference the break-clause, but not all sub clauses do. The text layout of the agreement needs to be "seen" to explain my concerns.…
-
Conveyancing - Charges for queries email, telephone etc.
Hi, I'm in the process of buying a house and reading through my conveyancer's terms of business is quite difficult. There is a non-fixed fee I've been given, which includes all disbursements. As a hopefully simple question, generally (from people's experience) would I be charged every time I send (and receive) an email to…
-
extra 3% stamp duty
Hi I have a quick question re the extra stamp duty charge. I own a flat i bought when i first started working around 2007. I lived in it for 5 years before relocating for work, it has been rented out by me since, and i have rented myself where I was working. I now want to buy a property to live in, and keep the previous…
-
Mortgage when shared ownership
Hi all does anyone know whether some mortgage providers will offer a mortgage to a part-owner - e.g. If I own 2/3 of a property and my mother owns 1/3, can I take out a mortgage on the part I own? Thanks
-
Completing before the rest of the chain once exchanged?
Hi, this is my first thread so I apologise if I am asking a silly question but would it be possible for us to complete before the rest of our chain once we have exchanged? There are only 3 houses in our chain, ours is in the middle. The property we are purchasing will be empty and the FTB at the bottom of the chain are…
-
Lodger deposit dilemma - what counts as damage? Chalk up to experience?
Hi all, I've had rather a trying experience with a lodger over the last couple of months. (Google "Askmetafilter lodger drunkenness unsupervised kids" if you want to read all about it!) Long story short: whilst superficially a 'nice' person, I suspect he has an unaddressed drinking problem which makes him unreliable…
-
Moving to Eastbourne
Hi My wife and I are thinking of moving to Eastbourne or Stone Cross but don't know the area very well. Can anybody give advice on good the areas and those to avoid? We were particularly unsure about one house we've seen due to the area. It's in a close off Hazelwood Drive. The close itself looks nice but we were unsure…
-
Vendor solicitor taking quite a while?
I'm a ftb and had an offer accepted around the end of June. I had trouble finding a solicitor but started the conveyancing process around mid July. My mortgage is sorted and I've had a survey done. The searches were done around mid August and I felt like everything was going quite fast. However, my solicitor informed me…
-
FTB and offers over system (Scotland)
Hi all, hoping someone can advise. I am a first time buyer and have seen a house that I love and want to put an offer in. It's on the market for offers over £200000 and valued on the home report at £210000. Having spoken to the sellers they say they will sell at the home report value however I don't want to pay that much…
-
Transferring a house as part of inheritance, query on recording value of transfer.
My first post on MSE forums, I hope this is the best forum section, I did look for a section on estates and inheritance but did not see anything, if it’s wrong can a moderator please move. This is my question. I’m an executor of an estate and one of the beneficiaries is having a property that use to belong to the deceased…
-
Advice needed - 2nd home (regulated buy to let?)
Hi all, looking for some advice, hopefully not attracting too many trolls in the meantime :) I'm currently in the process of buying a second property with what I was under the impression would have to be a buy to let mortgage. The flat would initially be rented by my disabled brother and my mother (I am aware of landlord…
-
Gas and Elec safety certs
Are these a legal requirement to have when selling your house? I know for renting a property out you have to have them as a LL but do you have to have them when selling? Thanks
-
Help! Stamp duty 2nd home surcharge
Evening all, I've put in an offer on a property and expect it to be accepted. I have the deposit and mortgage in principle, so all is well there. However, I currently own a property that I'm yet to put on the market, and it has only just occured that I will be subject the the 3% surcharge, which will mean stamp duty jumps…
-
How long after purchase for council tax rise?
We completed on a house on 31st May, it's currently Council Tax band B, but, due to the previous occupier's extension, had an improvement indicator showing. The sale price is now showing on rightmove, zoopla, etc. How long do we have to wait before we can be confident our Council Tax isn't changing?
-
Exchange Deposit Question
I have recently completed on a property. But want to get my head around exchanging contracts in the future and so I can have an idea of how to plan finances. If I want to buy another property (whilst selling mine) do I still have to put a deposit down seperate from the funds of my house sale? So for example to make…
