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To Buy Or Rent Long Term. Advice Needed Please?
To Buy Or Rent Long Term. Advice Needed Please? I would love to get some advice on our currently situation and welcome any feedback. Please see below profile of our current position: Live with partner or nearly 10 years, live in SW England. We are mid thirties and have one child under 5 currently in nursery. We would like…
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what happens now?
Hi, I'm looking for a bit of advice, me and my husband are first time buyers so not sure what to expect etc. On good Friday me and my husband had our offer accepted on a house, we then appointed our solicitor and informed our mortgage broker and got the ball rolling the week after Easter. Last Tues (18/4) i paid the fee…
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Clear the debt first or save towards deposit
Hi, Im 37 year old working in london with avg annual salary of 26-27k. I have two kids and wife (currently not employed). I have a huge debt £11k PL, overall debt on cards 6k. My wife has been saving for quite sometime now and has about 10k worth savings. Have been to a mortgage advisor who said will do a AIP to check thhe…
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First Time Buyers advice needed
Hello We currently rent in London. We have been trying to purchase a flat or house for two years with no success (we have had 3 offers go wrong in this time due to survey failures and seller issues) We have now come to the realisation that we're not going to get a decent enough property (We now have a baby so our…
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Paying Selling's contract drafting fees?
HI All, I am buying a new build flat from Taylor Wimpey and am using the solicitors recommended by TW. Initially i was sent all the costs thats are involved in the legal process by the solicitors and i have agreed to them. However, now i have got the paperwork in the post and can see that they have requested £175 for…
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Planning permission for shop downstairs
My 2nd floor leasehold flat is currently on the market and I've returned home to discover a planning permission notice on the main front door for a change of business for the shop on the ground floor. Basically it was a pet food shop and they want to change it to a launderette. My concern is that when I got my mortgage it…
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Advice on shared ex council tenament electric bill
Hi, Not sure if this is right place to post. So I rent out my flat in Scotland. I went to visit it and noticed quite a few letter from Npower and debt agencies about unpaid electricity bills for the common stairwell which is shared between 3 flats. Now I have had the worst experience with Npower before and thought I never…
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Help to buy equity loan verdict
hello... Ive joined this forum mainly as an attempt to try and get some sort of analysis and verdict on the HTB loan. Whilst whether you take it up or not it dependant on your financial situation (if you have a big enough wedge and mortgage capability) im finding it quite hard to weigh up the pros and cons. Im looking to…
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solicitors stalling on sale of house
hi ws just wondering if someone can give me some advice, house went to auction got sold contracts exchanged and deposit left by buyer, completion date was meant to be 26th of april this year but buyers solicitors wanted till the 28th cause of the bank holidays. but they still haven't completed on the 28th so there saying…
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Would an open house for viewings put you off?
Hi just wanted to get some opinions if possible please. We are about to put our house on the market and due to the fact we have 4 children and a dog I find it impossible to keep my house spotless. Also it will be difficult knowing what to do with my over friendly dog when viewers come. So I was thinking of maybe doing an…
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Help To Buy Equity Loan - Repayments
Hello, Quick question regarding the Help To Buy Equity Loan scheme. Some friends of mine claim if a Help To Buy Equity Loan is repaid before 5 years. then amount due is only the amount borrowed at the time the house was purchased (i.e. not 20% of the current house value). I've done some digging online and I can't seem to…
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Ask for a reduction...?
Hi All Please can you help with your expert advice and guidance...? We had a homebuyers survey which recorded high moisture readings in some of the downstairs rooms. This prompted our lender to withhold £5,000 from their offer pending further independent investigation. This was despite the current owners having completed a…
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Estate Agent +VAT dispute
After agreeing fee for property sale I asked the estate agent if the fee included vat. I was told that it did. We then went through the contract with agent writing down the agreed fee and I signed it. A letter for sale has come through showing the fee and stating VAT is not included and I will be charged at the prevalent…
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paying vendor to rent somewhere so not to pull out
Hello Looking for some advise. We were supposed to exchange on a property in 2 days and the vendor has just pulled out. She still wants to sell but needs to find another property. She is not willing to pay to rent somewhere however after 5 months we are very invested in this property and would be willing to pay more to…
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Law Society Property Information Form
Hi, My partner and I recently bought a fully refurbished house and we are in the process of moving. As expected we found some issues, like new appliances not installed properly and minor (hidden) damages. The main issue is the combi-boiler not switching on. It was installed during the renovation (in 2015), tested (there is…
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Is this allowed?
Hi, I'm not sure if I'm posting in the right place here but something is concerning me and I need a little help please. I live in a detached house with nextdoor's garage attached along one side. My neighbours were doing a lot of work in the garage and have now decided to sell. Despite being told by the neighbours that they…
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restrictive Covenant HELP!
I was just about to complete on property purchase, I am buying it to let out, have large deposit & small buy-to-let mortgage, it is an ex housing association property that the current owners have had since 2004. My solicitor has just found in the deed a covenant 'The Transferee confirms that the property is the Transferees…
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Mortgage help- default disputed
Hello, we are applying with NatWest for a 95ltv which is 50k below affordability so that won't be an issue. We have found a default from a mobile company from July 2012. We have disputed it and have an email from Vodafone head office confirming our account is clear their end. It could take 6 weeks to come off reports...…
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What security do you recommend for moving into new home...
I am just thinking change all locks by a locksmith and get a burglary alarm. Are the yale alarm and fitting service any good? Or is it best getting a local expert? I don't want to pay over the odds when moving in, the only feature someone has recommended is one where the alarm activates if the electricity supply is cut off…
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Help to buy
Hello friends. I want to know what people think to my idea. 1. Current situation Currently I am living at home saving for deposits to buy. My aim is to save 25 / 30 k of which 20 / 25 k will be the deposit and the 5 k left over for expenses / legal / moving costs / furniture to get me up and running. I have 15k so far 2.…
