-
Last Minute Buyer Issues
Hello We're supposed to be exchanging today for our sale (we're moving into my in-laws while we try to purchase a new property after a catalogue of not fun things and sales falling through etc.) but our buyer, who suddenly decided to finally arrange a survey last week despite having his offer accepted in July, has decided…
-
Stairwell headroom query
I need some advice, seen a 3 bedroom semi- house which I like. However, the stairwell head room is obstructed by the ceiling of the smaller 3rd bedroom. I am 5”6 and got through with about ~2 inches of clearance. If I buy this house i would like to increase the head room, even by a just a few inches is an improvement.…
-
When to proceed with mortgage application and conveyancing
We have accepted an offer on our property (from a cash buyer) and have just had an offer accepted on a property. However the vendors of the property we are buying now have to find somewhere to move, so the chain is not complete. We have an up to date mortgage agreement in principle but have not started the mortgage…
-
Landlords Mail
Hi guys, I posted a few weeks back ref my deposit not being protected and peoples opinions on actions to take, namely that it isn't protected and I have a live and let live attitude, but my partner disagrees and wants to take action. I mention this only due to it's relevance to another question I have. We've been a way for…
-
HSBC CTL sample wording
Hi, We are about to request the CTL to HSBC for our flat for 12 months as we are going to live abroad for that period of time. We haven't agreed the rent yet but the Estate Agent in looking to get someone in for early October. I read somewhere here that they ask you rent is 125% of your mortgage monthly payment which I…
-
Halifax Mortgage Agreement in Principle - How long to receive this?
Hi folks At the point of making the first step into property ownership - Scary! Our mortgage broker has gathered the personal information that he requires in order to make application on our behalf for the AIP. This is being submitted to Halifax this morning. Being new to this game i'm wondering what is the process for…
-
Full building survey for ex local authority flat
Hi, I've had an offer accepted (phew!) and am looking for surveyor quotes atm. I just spoke to a company in Islington who told me they dont do Homebuyers Reports and only do full building survey. She then laid thick a load of stuff about the roof maybe being about to fall in and other strong sales stuff. She told me that…
-
Flooring dilemma in new build flat
We viewed, and reserved, a new build flat about a month ago. A few weeks back we were told that move in date was to be no later than 30th September - at this point we hadn't, and still haven't! - seen the flat, and deposit/first month rent to be paid before the 16th. With other commitments we're not able to actually view…
-
How to price house
We would like to achieve £400K for our house but can't decide pricing strategy. Should we put it on at £425K and accept offers? Or OIEO £400K (or will we be get too low offers) or put it at £410K or £415K? Any advice welcomed. £400K is a reasonable/low price looking at recently sold properties nearby.
-
First time buyer - Survey results
Hi can anyone provide me with some advice. I am a first time buyer and had an offer accepted for £96500, ( it was on the market for offers over £95000) I have just had my home buyer report and a long with the obvious such as new kitchen and bathroom ( I was expecting these costs and have budgeted for them) the report also…
-
Help to Buy ISA Bonus
Hi, We are nearly at the point of exchange now. We have read that the Help to Buy ISA bonus does not help you at exchange towards your deposit (really helpful!) Does anyone actually know where this mysterious bonus floats to? I imagined it would be on the completion statement and knock off the amount of legal fees payable…
-
Help to buy Isa - how long to receive money?
Hello, The request has been sent to the people who pay out the bonus money... however, I am wondering if anyone has any experiences to advise how long they waited as I want to exchange the end of this week if possible. Thanks
-
Rental Issues...Need Help Please
Ill cut to the chase so wont bore you with the back story. Bottom line is my referencing has failed as the ex landlady wont sign the referencing company's declaration to confirm that what she said as in I paid rent on time and kept property clean is true and correct and she has also made some false remarks about me. (Im…
-
Another rental deposit return question
Evening all. I've tried a search but not sure if previous threads have covered this. I completed a tenancy today at the end of 6 months. The landlady came round at midday, and completed a checkout procedure. She didn't give me anything in writing, so I got her to write a confirmation on my copy of the original tenancy…
-
house buying with friend
I am in London and looking to buy somewhere a bit more central with a good friend. We both have our own flats, both of which are valued at around 450,000. I have a small mortgage of 50,000, my friend has an interest only mortgage of 300,000 plus some savings form a previous sale (about 100,000). What is the most sensible…
-
Lay New flooring prior to exchange?
Moving into a vacant property in 5 wks time. Would it be a good idea / or not to request permission to access the property prior to formal exchange to lay new new carpets in the bedrooms? This would save us the hassle of moving furniture around when we are in our new house. Is this an unusual or unreasonable request? The…
-
Waiting for an offer response
As a FTB, just wondering what the average waiting time is to get a response from an offer. We made an offer yesterday. It's on the market for £490k. We offered £460k but we could go up the asking price if needed. We have a 5% deposit and a mortgage AIP. I was told that the EA's financial adviser would call today to make…
-
RE Unsafe gas Fire
We moved in to a property where a gas fire has been poorley fitted. Gas safe have inspected the fire and condemded it as unsafe and applied a do not use notice. I did write to the previous owner about 3 months ago and told him the fire looked very suspect. he replied and said it was our problem. As we were in the summer…
-
Staying in family home till mine is ready
I am looking some advice about my situation please... I have just sold my current house to my sister and bought my new house. Both completion dates this weekend. My new house needs some work and so I cant move into it for 3-4 months time. Therefore my sister has said i can stay in my current house (hers from this weekend)…
-
Pressure to use builders broker solicitor (part ex house)
Hi there, First time poster and house buyer. We are currently in the process of putting in an offer for a house that has been part exchanged for a new build by the current owners (persimmons builder) The estate agent came back to us today and said that we would be required to use the builders own broker and solicitor. I…
