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'Prescriptive Easement' - Assistance Required Please
Good Evening, Please can somebody assist as I'm trying to get my head around an ongoing situation. My parents own business property that is currently being leased - however, they 'own' the building. Next door to the building is a fish and chip shop. The roof of my parents' property is currently leaking and my father is…
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Negligen Solicitor?
Hi. I wonder if you could give me some advice. I understand the limits on these forums. I have had a house built to sell, to raise some extra money for our retirement. The house was sold at a reduced price as I wanted to take advantage of tax relief on the investment profits.This was to complete before the new tax year.…
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Advice please - Mortgage Newbie
Hi Everyone, I have been a member of this site for a number of years and am now in the very fortunate position that i can post on this section! Its probably best that i explain a little bit before asking a couple of questions. I have been very lucky recently and inherited 50k. I plan to use this as a deposit for a house. I…
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Where in SE to buy for £190,000
My son has been saving as he wants to buy his first property, he has seen a a mortgage adviser and has been told that with his deposit he can afford £190,000. The thing is I know where we live in Surrey he isn't really going to get anything for that. He is a bit flexible as his work is not based In one particular place so…
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Ground rent increase every 5 years with RPI - sound okay?
Hello folks, As live inside the m25 we cannot afford a house so leasehold flat is our only option. We have just received the following details for our ground rent - should we be alarmed by this or does it sound okay? My main concerns are all the negative press recently regarding ground rent and worried about the future…
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buying a one bed flat to live in (50% of freehold)
Hi, I've noticed the occasional flat that are the downstairs of a house. So its half the freehold. I'm interested to know what peoples experience of buying (to live not let) of these types of places are. Right now I'd probably prefer to be on the ladder than not. I could probably afford a two bed house at a push or flat in…
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How Association value property for right to acquire/right to buy?
If you want to buy your property and you are eligible through either right to acquire a right to buy with a housing association, how does the housing association get the property valued to give you a price at which the property would cost to buy? Setting aside the discounts of maximum £16,000 with Right To acquire or up to…
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Advice Needed: Guarantor
Hi, I was hoping someone could give me some advice. In November 2015 I became a guarantor for my friend and he subsequently moved out in November 2016. This was fine until a month ago I received a phone call directly from the landlord stating that he was owed rent. I contacted my friend and he said he went to the estate…
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Protecting Money
Soon I will be receiving money into my current bank account, most of which will be used to purchase a flat. I would like to keep the money in my current account so that I can either write a cheque, or transfer money when purchasing a flat. The problem is that the amount of money in the account will exceed the amount…
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Access rights
We are looking at a property which is down a little lane off a residential road. We like it a lot but have found out that the last sale fell through because of access issues. Wondered if anyone had any experience of this, I thought if you had a property you had to legally have the right to access it (it is freehold). Ive…
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Commercial Vehicle
Hi All, Currently in the process of buying a house and have today received documents in the post from our solicitor, the usual fixtures and fittings forms, plans etc. Included in these documents is a transfer which was made by the original builders to the first owners it is dated 2001, so 11 years ago. Within this document…
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Early Tenancy Termination Question
Hey there, We have just given notice to terminate our shorthold tenancy agreement early. The agreement was a fixed 12 month one and expires later this year. We got a letter in the post this morning from our landlords stating a couple of odd things, * If they aren't able to find new tenants before our early termination…
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Surely not another 2nd home stamp duty thread?!?
Main and only residence abroad. Sale completion will be on 1st July 2017. Completing on new UK residence on 30th June 2017. We will own 2 properties for approx 18 hours I assume we won't get out of paying the 2nd home stamp duty. Does anyone have experience of how long the refund really takes, or if there is indeed any…
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Downsizing / Buying Cheaper
I live in a not bad area within the M25. Ignoring my signature (as it's from Zoopla), I'm guessing I would get at least £400,000 for my house. The cheapest houses in my area (not brick, but steel or similar frames) are £315,000 or £320,000. Although on face value, this would knock £80,000 off my mortgage, this doesn't take…
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Advice Needed: Post Completion: Solicitor issues
Hello all, I hope you can help. I've recently moved into a new build property with my partner, we're first time buyers. We have had nothing but grief from our solicitors and currently going through a complaint with them. Not sure if I can name them on here? (Not keeping us informed, not informing us of any additional costs…
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Deposit Query
HI all, Currently going through Help to buy process and speaking to solicitors about source of funds. I had initially sent them 3 month worth of statements dating from January 17 - April 17. However, they have come back and requested that since the closing balance of the December statement is £6k they want to see 2 years…
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Can anyone offer any advice? Need to buy before we have sold.
Hi Our house is up for sale but isn’t selling in this slow market and I don’t think the announcement of the general election is going to help that. We don’t have a mortgage on the property; it’s for sale for £725k just outside Windsor Berks. We have to move as our daughter has been offered a place at a school in…
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Exchange and Completion of House Sale in Northern Ireland
Query solved, and removed
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Management Pack for freeholder house sale
Hi, Can someone tell me if a seller needs to purchase a Management Pack for a property he is the freeholder for? My partner is selling his house who he is the freeholder for. He purchased it as a new build 5 years ago from Bellway Homes, with Omnicroft as the Management Company. We was of the understanding everything was…
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Revised Memorandum Of Sale?
Hi, I've just had a revised memorandum of sale (2 weeks later) with added comments that are VERY open to interpretation in my opinion. Do I need to email back with clarification or does it not matter as this document is not that important? Thanks
