-
Note through door requesting viewing - good or bad idea?
Hi all, I have some friends who are looking to relocate from London to the North West and have booked in to view some places on Tuesday. There is one house that they would love to see, but the only option available to them is to attend an open house on Wednesday. By this point they need to be back down in London so really…
-
Triplets buying properties together
Hi, I'm just wondering whether it would be a financially good idea for my brother sister and I to get into property together. We all are looking to buy our own property to live in this year / early next year. Seen as though we are all coincidently doing this at the same time would we be better off starting a small business…
-
Possession order
Hi, Our section 21 ended yesterday & my husband has spoken to our LL the other day & he has said that he will be able to get a possession order in 3-4 weeks where as the council are telling us it can take months. We are bidding for council/housing association homes because private rental prices are just too much. Would…
-
Cornwall beaches and areas ? Any recommendations ?
Im thinking of downsizing and moving to Cornwall near the sea. Ive many happy memories of Cornwall from my childhood. Of course holidays are different to living there. Im retired so dont need to worry about work. Im thinking maybe Bude or the Looe areas ? Anyone live in Cornwall ? I dont want to go too deep into Cornwall…
-
Transfer BTL to spouse with mortgage
BTL with small remaining mortgage (capital repayment). Jointly owned with spouse. Want to 1. Remortgage for a higher amount to facilitate a further investment 2. Transfer sole ownership to spouse any advice on how to deliver this outcome? Any tax implications? Reason I'm asking is ive heard you can't transfer ownership…
-
avoiding additional stamp duty
My sister is purchasing a house with a friend but as she owns a flat, which she has always rented out (our parents gifted it to her in 2013), she looks to be obligated to pay a higher rate of stamp duty (approx £8,000 on top of the standard duty). The house she is buying will be her main residence. The rental flat she owns…
-
Estate agents
I'm considering selling my 2 bed flat in south east London and purchasing a house with my partner. My flat is the only property I've purchased so I've had no experience of selling before. Is it better to go with a traditional high street estate agent or one of the new online agents like Tepilo, purple bricks or YOPA? My…
-
Exchanged & Waiting For Completion.
Hey guys, My girlfriend & I are waiting to complete on our first home on May 2nd. It's in Bristol where we have been since birth. 🙃 Is anyone in a similar position? Found anything to pass the time!? We won't be happy and relaxed until we have the keys in our hands. Nick
-
Which Would You Prefer....House or City Cent
Curious to thoughts on this.... What would you prefer and why? Two Bed City Cent Apartment or Two Bed House in a Nice Village/Area. Pros and Cons?
-
Selling house to a friend - good or bad idea?
Hi I'm in a situation where I need to sell my house, as I'm moving for a new job. When asking friends for estate agent recommendations, one of them expressed an interest in actually buying it to rent out, and doing so privately to save on EA fees. On the face of it this sounds like a great idea - save a bit of money, and…
-
Survey wait time?!
Anyone else booked a survey independently and being told its almost a two week wait? Both companies i've looked at are at a two week wait and this was to speed it up as the mortgage isn't being applied for until this coming tuesday and we want an indepth survey that the bank can't see.
-
Land registry restriction
Hi all I could do with some advice please.... I brought my first home in December 2000 and I am now selling it my brother as I have brought a home with my partner. My solicitor has contacted me to say I need permission to sell as per a restriction on the land registry which I did not know about. Apparently in 1989 a…
-
Going buy to let: "So Sir, what's your strategy for paying back the capital?"
Hi again. Me and my significant other are moving to another city, leaving where we own on an interest only mortgage and using the margin between our new mortgage payment (much lower than out current capital repayment residential mortgage) to offset the cost of renting in a new place in the town we are moving to. (We have…
-
Going buy to let: "So Sir, what's your strategy for paying back the capital?"
Hi again. Me and my significant other are moving to another city, leaving where we own on an interest only mortgage and using the margin between our new mortgage payment (much lower than out current capital repayment residential mortgage) to offset the cost of renting in a new place in the town we are moving to. (We have…
-
Add loft conversion but knock 2 existing beds into 1?
Hello I am looking for some guidance on some work that I am thinking of doing to my home. I currently have a three bed end of terrace home. One of the bedrooms is extremely small. The bedroom next to the small one is an OK double and the third is a decent double (full dimensions set out at end of this message). I am going…
-
Do we have to keep EA informed of everything?!
The seller's estate agent is being a NIGHTMARE. Phone calls and emails on a daily basis. Insisting I speak to my solicitor and update them. Most of the time, the seller's solicitor hasn't even replied to mine yet, so I can't update them even if I wanted to! They've threatened the seller's will back out. And they've no said…
-
Home buyer report and lender valuation
Hello All, I have two questions! Please do let us know if you could share your insights. Thanks for reading. We got our valuation done yesterday and also ordered for our home-buyer report from the same surveyor who did the lender's valuation. 1. Would the surveyor give the same valuation to the lender for the house which…
-
renting a council house when retired
hello all a quick question, can you confirm who pays council rent when you retire. When myself and my wife retire and our joint pesion, state and private pension os about £15k a year. would i pay council rent? thanks
-
Japanese Knotweed (post purchase)
Hello all, I bought a flat (converted house) with a decked back garden, moved in last December. Over the past couple of weeks, Japanese knotweed is coming through the decking, it's close to the house. I am wondering if I have any legal recourse against the vendor, as it's fairly prevalent (already sticking out 3 to 4…
-
How is the London market?
I was about to buy a 2-bed in September in Surrey Quays, London. The asking price was 600k and I got it agreed at 550k. I lost my job so pulled out. The flat since went for 505k. Now I'm back in the market. Have prices fallen? I don't see asking prices have. One agent (Foxtons) is telling me that right now, the market is…
