-
Renting out RTB home
I'm preparing myself for abuse from RTB haters...but I have a question anyway. I have lived in my current home for 4 years (plus previous council tenancies), applied for RTB 3 years ago and purchased nearly 2 years ago. Since then I have met someone, he's moved in and we're expecting our first child next March. We plan on…
-
Homebuyer report problems
Hi everyone. I am a FTB and have just received my homebuyer report. I would like some advice if possible, on whether what is listed is something to worry about. Please see below: 1. One of the clay pots on the chimney stack is damaged and needs repairing. They also need to be capped and ventilated if they are not in use.…
-
party wall act
Hi, our neighbour has had repairs done to his side of shared chimney with some pointing and a few bricks put back in place. There was no repairs needed on our side, but he wants us to pay half towards his bill because we share the chimney. He used a roofing contractor that charged more than it should have cost, and didn't…
-
Selling leasehold flat nightmare
Hi, Can anyone please help! My parents inherited a flat from my Auntie and they are having an absolute nightmare trying to sell it. The flat is owned by my parents but is set in a small block of residential flats. There is a leasing management company called 'Circle Management' and they have had nothing but trouble with…
-
First mortgage payment??
Hi all, FTB so please excuse lack of knowledge. I completed on 28th October. First mortgage payment is going to be 1st December, so just over a month after completion. Mortgage payments are £632 per month. I was already aware first payment would be higher than this due to extra interest, I believed this extra interest…
-
First time buyer dreams.. can we do it?!
Hi all, looking for some advice and support to help my anxiety about getting on the property ladder! The current situation.. rent a 2 bed flat in the South West with my boyfriend paying paying £800/m + bills. We've both never owned before and are sick of paying so much rent to pay off someone else's mortgage. We're not…
-
Bewley Homes - think 3 times before buying from them
We have come across with Bewley homes this summer when we decided to buy from their new development near Woodley. Honestly, looking back, our experience with them has been nothing but long and endless discussions. You would think one of the advantages of buying a new build is that you can modify things while it is built.…
-
Avoiding Second Property Tax
Hello everyone, I'm desperate for some help as I'm constantly getting different answers! I bought a property in 2012 which I originally lived in and then rented out when I met my girlfriend and moved in to her house in 2014. The mortgage and deeds are only in her name and my rented property is only in my name. We are now…
-
Lender refuses move
Strange one this - Can a lender in effect cancel your move between exchange and completion if they know of a change in the buyers circumstances ie job loss? 2nd question - can you buy and complete on the same day, but not move in (if you have other property) to allow your sellers to pack and move? Then on an agreed date…
-
Been offered a council flat, what do I do now?
Sorry if this is creating a new thread but got a phone call earlier today mentioning they are offering me a property. did I want it then they say its not just ready yet so will arrange a viewing which should be in next few weeks. Meanwhile I am not sure what to do, for one my TA says 2 months notice but on phone landlord…
-
Capital Gain Tax when knocking 2 houses into 1.
I live in a semi-detached house and am currently in the process of buying the house next door (other half of the house). In time I intend to turn the 2 houses into 1 and therefore will eventually sell as 1 property when the time comes. In order to raise some funds though, the short term plan is to rent out the house next…
-
Capital gains tax
I have already posted this under another section, but I think this might be more approprate section on the Forum. Hi everyone. I'm new to the forum and this is my first post/question. My wife and I will be downsizing to a smaller property. There will be quite a few £k's surplus. Am I right in thinking we are liable for…
-
HomeBuyers survey received. Help!
Hi, We've just received our HomeBuyers report for a 3 bed semi detached house we are purchasing, most things seem fine but one thing has stood our regarding the chimney, can you help!? - "The top part of the stack is badly weathered. The mortar pointing is also in poor condition. Although no serious disrepair could be seen…
-
Solicitor trouble
Is this normal? Had offer accepted 20/10/16 passed sols details onto EA. Friday 28/10/16 had letter from solicitor asking me to go in and pay for search fees, i paid that day and had to be paid in cash for some reason. Monday 31/10/16 rang solicitor to ask a question and was told he was on holiday until the following week,…
-
Would you be a landlord?
Would you? Are you? I am thinking about it as an investment and weighing up the pros and cons. Financially, it looks like a 'no brainer' under the right circumstances.
-
Stealing House from Kid?
Hey, So I think this may be a more moral issue than it is legal, however I thought some of you might be able to offer any insight, can't hurt right? So my partner does not speak to her mother or sister. Long long story short they are horrible people. The sister told everyone that their mother beat them and then that she…
-
Partner Wants Me Out of Our Joint Home / Tennacy
As per the title of the thread, my partner and I have just taken out a 1 year joint tenancy on a new home, however the relationship has broken down and now she wants me out of the house, I understand as its a joint tenancy she cannot do this to me. However today I have been informed that she has been seeking legal advice,…
-
Awkward Developers
Hi All, I've got an bit of a query and yet again return to frankly the best source of advice there is! My partner and I bought a new build flat back in June (well, bought the leasehold). It's a ground floor flat, the front bedroom faces the street, and has a 1m x 1m window opening directly on to the street. The window was…
-
"But to let only"
Stupid question, does this mean that if you buy it comes with tenants in already or do you sign the contract to agree to put tenants in the property? Seen a lovely 4 bed, BTLO (buy to let only) - what stops me buying it, giving notice to the tenants (if there are any) and living in it myself? House is on for a nice price…
-
Capital Gains Tax - selling our only property
Hi all, My spouse and I have owned a flat for aprox. 7 years. Apart from the first few months (when it was empty) it has been rented to several tenants, with pretty much no gaps between them. We live in a rented house ourselves (spouse in armed forces) so the flat is the only property we own, shared 50/50 (mortgaged). With…
