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Downstairs flat being re-converted
Hi everyone, Hope someone can advise me on something. I live on the first floor of a converted victorian building. I live upstairs and have downstairs neighbours who rent their property. When I bought the property, my solicitor let me know that the downstairs flat been converted into two flats many years ago. The owner did…
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Renting property out for 12 months
Hi All, First time posting here. Just wanted some advice really. I am in the process of selling my home that I bought with a friend, we both have partners and want to go our separate ways. It looks like I’m going to have made a nice amount of money over two years, proving a great investment. My girlfriend currently lives…
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Address History question
Hi everyone, My girlfriend and I are just starting the process of buying our first house and I was hoping you could help with a question I have about address history. Due to her job, my girlfriend has spent the last 3 years living and working in different locations - 3 cities in 3 years. During this time she has never been…
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Swap out the curtains before moving out of sold house
Hello, I am in the process of selling my home, and would like to take some of the curtains with me. The only reason for this is because they are of sentimental value as I made them myself, so nothing to do with value. The offer from the buyer stated: “The price will include the following additional items (if any):- all…
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Invest in a flat or not?
I am very new to this investment game. As a result of marriage breakdown I have roughly 70-75K to invest. I need an income of about 350 per month. I cant afford to buy anything locally so I'm looking further afield. My question is that is it a risk to buy a flat to rent out or should I be looking at other ways to invest my…
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Anyone know about Inhertance Tax?
A friend asked me to post this question as she is not a member here. Her situation is: she and her also-unmarried sister, ages 56 and 61, are live-in carers to their elderly parents. The father is very ill and not likely to live more than about a year or two. The mother could live another five to ten years or more. The…
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Ex buying me out of our shared equity mortgage
I know that I need to see my mortgage company and solicitor which I'm hopefully going to sort out today, but this has kept me up so wondered if anyone could help me out in the meantime. My ex husband and I separated in February, not divorced yet. I stayed in our home and he moved back with his parents. We have two children…
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Can I force a sale?
Hi Hoping someone can point me in the right direction. I know I need legal advice but thought would ask in here also. About 9 years ago me and ex partner (was never married) bought a house at a time 100% mortgages were available so neither of us put any deposit down then about 3 years we split, I moved out even though I…
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Section 21 Notice has NOT been given!
This is for my friend who is having to move out of his rented flat and ONLY got told by phone call (yesterday) that he should make sure that he brings his keys into the letting agency by 12pm (11Nov) Friday!!!! He hasn't even been given a LETTER - Section 21 Notice!!!! They said they sent him one but he has NEVER received…
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Capital gains tax on a buy to let
Hi there, I'm thinking about selling a property I purchased back in 2006. The capital gains side of things have got me confused. Id appreciate any helps in working out an approximate calculation. Thanks in advance Purchased for 200k in 2006 Deposit 40k BTL interest only mortgage 160k Value today 400k Costs when…
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Gas Safety Certificate - work recently done so do I need one yet?
I have a flat that is tenanted. The central heating system and boiler were completely overhauled just a couple of months ago. The annual gas certificate is due in December. I have receipts for the work done, so do I still need to have the gas safety cert renewed in December or can I wait until the anniversary of the…
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Attenuation ponds
One of our potential purchases (as long as our sale happens in time) is a new build, which following a quick drive-by yesterday, appears to be sited directly opposite an attenuation pond. Currently it is bone dry, but it appears it's there for the '1-in-100 year' storm events from what I can find in the planning…
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Anyone experienced this?
Hello I am wondering whether anyone has had a similar situation and how they handled it...I bought a new build in June and was immediately made redundant (bad timing!). The developers have sold no properties since mine and have been offering cashback of £20000 and 100% part exchanges over the summer. However, my problem is…
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Can Someone Confirm What Letting Agents See.
Hello everyone. My partner and I are about to apply to rent an apartment. We've been living with my parents for 7 years and are finally getting our own place. Affordability isn't an issue. We earn £54,000 between us a year, and the rent is £595 a month. My concern is I have several defaults on my file from bad choices I…
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Complicated stamp duty question
Due to separation I'm purchasing my ex partners share of our main home. We are not married. I'm aware that I'll have to pay stamp duty for the the transfer of equity (consideration given to my partner and her share of mortgage) however... I also own a buy to let. Does this mean I have to pay the extra 3%? I hope not as…
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Unsigned tenancy agreements?
Just looking for comments on the implications of this: I've been looking at the Court of Protection guidance on tenancies for people who lack capacity. This says that a tenancy can only be signed on someone's behalf by a LPA/EPA, court appointed deputy, or someone else appointed to sign by the CoP. So far, so…
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Leasehold issue during purchase
Hi all, Currently in the process of buying our first home. However we are a bit of a pickle.. The leasehold document provided unfortunately has one page missing, which for the solicitors is proving difficult to obtain. They are currently in contact with the freeholder trying to the source the missing page, however been…
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Had enough my with landlord
Sorry its a new thread but was discussed before about reporting him to PRHP, I feel angry enough at him that I want to be assertive down phone tomorrow at his agents (he owns the properties and the agency even lists it as "family run" but has non family members as staff) Main reasons being its been a month since I last…
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Advise on tennancy credit check
Hi there, My 6 months tennancy agreement is up I have been living on my own. My partner want to move in with me and landlady got agency to go through tennancy checks for me and my partner. My partner has really bad credit score due to unpaid debts credit cards phone bills. He started paying them back very recently but we…
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Gifting land...
Hi Thanks in advance for any help on this one! My parents have land to the adjoining their house and they're looking to gift us part of this so that we can try to build a house. The original plan was to do a transfer of title on the whole plot but now they've decided they want to keep half of the land (part of this plot…
