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Land Registry Confusion - limited title guarantee
I'm buying a property where the owner has died and a family member is selling on her behalf. The solicitors have said it is being sold with limited title guarantee. I phoned the solicitors and asked would we still get full title or partial, to which she replied I've never heard of partial. So I've googled this and my…
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Agency moving and breaking our belongings
I am writing this more out of fury than anything else as I daresay there is squat all that can be done but anyway.... We are moving out so the landlord (House of Fruits in East London) has arranged viewings over the past few days. I came home a couple of evenings ago to find that a number of my personal belongings had been…
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How to tell if neighbours own or rent?
Is there any easy way of finding out if properties in my street are owned or rented? I know I could ask people but I rarely see them and I don't fancy knocking on someones door to ask if they own or rent as I doubt I'd get an answer. I have tried looking on Rightmove and many of the properties in my street haven't sold in…
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Buying vs. renting costs
Hi, am hoping to pick some brains of anyone knowing the ins and outs of the costs of buying/selling a house! We are currently renting at the moment, both work mediocre jobs earning total after tax of around £30,000 PA, I am also a full time student finishing Sept '17. We are looking to immigrate in around 2.5 years but…
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Some problems in tenancy, how would you react?
Ok so this will be part rant part just wanting another viewpoint/opinion. Moved to student accomodation 2 months back, I regretted moving as had a beautiful place before but it had storage heaters, single glazed and next to a busy road but it was all inclusive rent and only £5 more than I am paying now. As I was unsure if…
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Help to Buy Equity Loan: Situation with Partner
Hello everyone, This is my first post, so apologies if I'm doing anything wrong. I am a first time buyer and will be the sole owner of a property I am buying with the assistance of the Government's Help to Buy Equity loan -The property will not be completed until summer time. I am in a relationship and although I do not…
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Renting, Partners DRO, Advice Needed
Hello this week my partner and I have found ourselves in a rather desperate situation. on Monday we were informed by our letting agency that the landlord wants to rent the property to a family member and that we have 2 months to vacate the property. having looked into that there is nothing we can do and well within his…
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After purchase two months , no land registry yet
I purchase two months ago house with a mortgage . But my solicitor not register the property yet. Do I need to worry about . What is the rule regarding this ?
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tax on BTL
Hi, Can anyone please clarify how much tax I would pay on rental income under the new changes? I have an idea but just need to check it! House value- £110,000 Rental per month- £525 Mortgage- £45,000 I believe that is approx a LTV ratio of 42%. Approx monthly interest only repayments are: £150 I earn £38,000 per annum but…
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Landlord wants us to replace a sofa after we settled and moved out 7 months ago!
Our previous private landlord got in touch with us today asking us to replace a sofa which she says 'is damaged, saggy and uncomfortable and not in the condition that she had left it to us in'. We had in fact settled everything and have even received our full deposit back from the DPS 7 MONTHS AGO. Can they seriously hold…
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Rent out or save then buy outright?
Hey everyone, so pretty much im in the processing of sorting myself out and clearing my debt. atm i have a salary of about £24500 + Overtime i owe about 11k which i will be paying off in full in about 6 months. after im debt free i want to actually do something with my money rather than just waste it every month. i've been…
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First time buy and 46 years on the lease...
I'm about to start the process of buying my first flat but lease issues are looming! The flat is on the market at a fixed price (cash only) of £115K and currently has 46 years remaining on the lease. Before the lease length was discovered, it was on the market for £140K (which is in line with other recent sold prices in…
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What happens on completion day
We are completing on Friday and are mostly packed just bits to finish off tomorrow. We have booked a local Luton van and 2 men as we also have a small van and estate car. We are not taking a lot of the bigger items either. I have not moved in 20 years so wondering what happens. What time would you expect the van guys to…
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stamp duty
Can anyone help, I have received conflicting info. Basically me & my partner are planning on buying a property. We currently live in rented accommodation and have done for the past 7 years. We both own a property individually which we both rent out. If we buy a property together which will replace our current main…
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Indemnity insurnace for defective Lease
Hi, conveyancing advice please? My wife is selling her late father's flat. Her solicitor has written to her that the buyer's solicitors have identified the need for an indemnity insurance policy to be taken out because the property has a defective lease. The Third Schedule of the lease as delineated and “coloured pink” on…
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First Time Buyer
Hi, I've just going through the process of buying my first home. There are few things I want to run past people. Am in a chain with a developer at the end of it and the deposit is to be held on agent basis. I've been told this is normal practice with developers and for my deposit to be passed up on exchange. I was told not…
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Helpppp!!! First time buyers.
Stuck with a conundrum! My girlfriends parents have bought a house with a "private mortgage" and want to put the mortgage and the deeds in her and her sisters name. The mortgage is valued at £53000, the property could potentially be worth £85/90000. This house will be rented out. My question is...we want to buy our first…
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Declaring who will live in the house?
I am currently buying a shared ownership property and my partner is on the housing application :o but due to her being self employed and not having 2 years accounts a mortgage broker suggested I try to get the mortgage alone. Today they mentioned my partner being on the housing application could cause some problems so we…
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Overpaid rent, how do I get it back?
Good afternoon experts! So, I've just moved out of my property and everything is fine, except for the fact that I forgot to cancel my standing order. Consequently, a whole months rent was paid on the 31st October in error. I contacted the estate agent immediately, as well as my bank but here we are, 9 days later and the…
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Buying a flat above commercial - london
Hi sorry yet ANOTHER post about buying a flat above commercial. I had a google read the existing and most aren't recent so here's my story. Been looking for a flat for over 5 months. I'm on the lower budget range so I've been outbid on several properties - finally set my eyes on this small but modest studio flat above a…
