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Timescales with House Purchase
Hi All I posted the other day but had some massive good news so wanted to ask a new question. We've had an offer accepted on a property. The vendors have now also had an offer accepted on a property which is empty. Therefore the chain is a very short one. As long as all surveys etc come back ok, what timescale are we…
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Buying the freehold to 4 flats - only 1 flat wants to buy
Hi The freeholder of the building (4 flats in a Victorian conversion) wants to sell the freehold. (The freeholder used to own the flat we have just bought). None of the other flats wants to buy the freehold as they say they cant afford to, but we are very interested. They have offered a price of 18k for the whole freehold.…
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Good rental areas in the south Birmingham area???
Hi all, We're looking for an investment property. Ideally a 2 bed costing no more than £130k . I'm familiar with the south of Birmingham (Rubery, Northfield etc). Does anyone else know of other good areas in south Birmingham that rents well??? Thanks!
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Advice Needed - are we stupid buying a flat?
Hi everyone, This is my first thread on MSE so a bit of background about me. Myself and my partner are first time buyers who are looking to buy in Newcastle. We are both from the North East and enjoyed city living in Edinburgh for the past few years. We've decided we want to live close to the city centre but property in…
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Should the buyer or seller pay for a structural engineer?
I'm in the process of buying a ground floor flat and the surveyor sent by my mortgage lender (Natwest) identified: * damp, and recommended a qualified damp inspector complete a report * a crack in the front wall of an upper flat, and recommended a structural engineer assess if it is purely cosmetic or signs of something…
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Getting Deposit Back From a Bad Landlord - How ?
I'm moving house due to bad problems with the house (Mould , Damp , etc ) and Bad neigbours . The landlord has been a big part in this , Not doing anything about the neighbours (who are also her tenants) and not maintaing the house . The landlord has already lied out of spite to my new estate agents , and given me a bad…
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Sign The Petition For Better Quality New Homes
Can you please take just a minute of your time today sign the Petition to Government. It is in everyone’s interests that the UK build better quality new homes (not just more!) and for those that buy them to have better protection. Click this link to see the petition and start sharing it:…
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First time renting with IVA
Hey I was wondering if I could get advise. I took out an Iva last year as I had run myself up with quite a bit of debt. Me and my partner want to move out next year and was just wondering the chances and how we would go about renting a place, we both earn around £15k each a year and other than my Iva which is £90 a month…
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Advised that new neighbour is difficult
Hi everyone Just interested in getting the views of people who are detached from the situation. Background: I'm a first time buyer and I've had a nervous wobble about the house I'm buying but it was just a wobble and now I'm looking forward to it. I have yet to exchange. I went to measure up and met some of my new…
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Should you pay a call-out charge when...
Not sure where to post this. I arranged a boiler service a week in advance. When making the appointment the only info asked/given was the boiler is in the loft. The guy turns up and says as you don't have adequate lighting or floor boards so I cannot provide the service due to regulations. He requests a £30 call-out charge…
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Sell BTL and home
Hi, I am considering moving to be closer to family, the house I'm interested in is only attainable if I sell my BTL property and the house I live in, what taxes will I have to pay for selling these? Rough estimate BTL Value 100k-70k equity Residential value 85k -40k equity New property value 250k, would still need at least…
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Landlord late with tenancy but wants us to backpay
Hi, Sorry to post about my landlord again but I need some more advice. We have lived in the property since 27th July 2013 and have been on a 6 month tenancy up until now. So we renew in Jan and July of each year. The landlord is constantly late in bringing us a new tenancy so it goes to a rolling tenancy (I have posted…
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Warm air heating - hot water cylinder not appropriate?
I'm buying a house with warm air heating system. I have no knowledge of these systems and the home buyers report came back stating: Is this suggesting that the hot water storage cylinder is inappropriate because it doesn't have an immersion heater? The report goes on to suggest the whole system is nearing end of life and…
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Cancelling a contract with property managing agent
Quick questions: Issuing them notice in writing, - will email suffice? There are three directors, however, 2 of them are very passive, - whilst I do not see them proactively objecting, they may not be very forthcoming with their support to end the contract either. I have sent them many communications over the months of the…
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Please Help New Landlord Increasing Rent
Hi all I desperately need some advice please. Ok so we currently live in a very small 1 bedroom flat and we pay £525 a month, the rent was increased from £500 to £525 just 5 months ago. We've been here 4 years. Our current landlord has just sold the flat to another landlord, after it being on the market for over a year and…
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Compulsory upgrade i can't afford public landlord
I am currently renting from a public landlord via housing association. They are pushing me to have my gas central heating system upgraded as the old gas fire needs upgrading to comply with their standards of housing and other housing stock . Where I am not completely opposed to the idea a few issues have come up which…
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Extension- water and waste pipes options
I'm hoping this is a suitable place for this question... many experts here. :) We own a semi detached house (ex-council) which has room to the side to build an extension. We would like to build a two-storey extension here, and also convert the attic space at the same time (significantly extra room; a number of properties…
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Help with Survey report
Hi all, We are first time buyers and we are buying a house for £94,000, we had a homebuyer survey carried out and the report found the following bad points: The property has two chimney stacks. The rear stack is shared with the adjoining property. The main central stack is surmounted by two pots. The rear stack is no…
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Extending a lease if I own the Freehold and the Leasehold
Hi Situation: * A converted property into 2 flats. * 1 Freehold and 2 Leaseholds (1 LH per flat) * I currently own the Freehold + 1 Leasehold * I am purchasing the other flat and therefore the other LH. When I own both Leaseholds, will I be able to extend the leases? Or does it not matter? What would happen if leases…
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Informal tender
Ok So I've a few threads on here about informal tenders and how you have to pay the EAs fee, and then they come back for best and final offer but I'd really appreciated some advice. I've seen a house that is on the market for OIEO £315,000 - its the only semi in a private road with detached houses that go between £500,000…
