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Paying deposit at exchange
[SIZE=-1]This is probably a very basic Q but as per my username I'm a newbie FTB! I was wondering roughly how much notice is normally given of the exchange date? I'm buying a house with a Nationwide mortgage... my deposit is made up of premium bonds, a Nationwide Save to buy savings account (although it's not a save to buy…
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Mortgage retention help
Hi, I'm buying a house and the mortgage company have put a 3k mortgage retention on exchange pending a damp and timber survey. We've had the survey done and there's approx £1500 worth of work that needs doing. The survey said there's very minor rising damp on 1 wall but nothing to rave home about. The problem is that the…
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Freeholder 'powers'?
I inherited the flat I currently live in when my mam died in 1994. When she and my dad bought the property in 1956 you had to by the flats in pairs. When that rule changed, my mam sold the upper flat in 1983. In about 2004, the then owner of upstairs made some large alterations to the front and back of the property.…
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Mortgage Problem because of Unadopted roa
I am a first time buyer and it has been nearly 14 weeks since we had our offer accepted and got our solicitor on the case. All was going well and fast till the searches came back and we found out that the house is on an unadopted road. The mortgage lender are not budging on the fact that they want a formal agreement in…
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Location help-Burnham/Britwell area
Hi Everyone, My bf and I are looking at buying our first home. We currently rent in West London but looking to move further afield to buy. We have narrowed down our search to Burnham due to the links into Paddington and the crossrail arriving in a couple of years, plus thats as far as our budget stretches! Having explored…
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Transferring property to a limited company
Hi there, I wonder if anyone has got any advice or experience to offer with regards to moving a buy to let property to a limited company? My partner is just completing on a flat which he is going to let out. He has a full time job, which means most of the rental income will now have to be taxed under the new rules, as the…
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Buy to Let
Hi, I just wanted to enquire whether my mum can get a buy-to-let mortgage. Her credit score is really good, she has enough money for a deposit and to pay the stamp duty, and has been a homeowner for over 10 years now. However, the only issue is she does not earn £25000, which I found online is a mandatory requirement for a…
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Recommend Edinburgh letting agents
I'm moving to Edinburgh and planning to rent, noticed a few years ago people posted recommendations or agents to avoid... "Recommend A Letting Agent in Edinburgh? - 6th Jul 09" Any up to date advice/ experiences/ recommendations greatly received.
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Yet another stamp duty question!
Hi all, I know there's a lot of stamp duty questions asked, but we find ourselves in an unusual situation and I can't find a scenario that fits us on the hmrc document with all of the examples. I'm hoping you may have an idea of what could/will happen with our soon to be property sale/purchase. I'll try to be brief…
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Mortgage in principle
My husband and I are apply for a shared ownership property and have just been refused a mortgage in principle with Kent reliance due to defaults on my credit report. We have paid these but they are not yet showing as settled. Once they are updated can we reapply to the same lender (Kent reliance) again for mortgage in…
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How long to get Help to Buy: Authority To Proceed (ATP) issued?
Hello, Not sure if anyone knows any info on this here. I'm purchasing a new build property via the London Help to Buy scheme. I've been told i/and also my solicitor & the house builder should get an ATP issued from HTB via email & post within 4 days of submitting application? I've filled in the PIF form & reservation form…
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OIEO bidding
Hello all reading this. I was wondering whether anyone had experience of putting an offer on a flat in London? I just saw one today which is far better than anything I have seen so far. It says online £260oieo and there is a similar property in exact same block next to it for £280. I was thinking how to go about the ea to…
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Urgent HELP -Covenants
Bit deep for a Saturday night but here goes; I'm currently in the process of selling my home however it has all stalled due to a covenant found on the Land registry which reads Not to make any alterations or additions to the exterior of the property nor to erect any structures or new building thereon our buyers want to…
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Boiler installation, broken asbestos flue left in loft.
Carrying on from my previous thread, I had an asbestos remover come round and have a look at the situation. As mentioned previously, I was concerned about the casing around the old flue, which looked like plasterboard, containing asbestos. The boiler installer confirmed that it probably was asbestos, but as long as it…
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Tenant wants deposit returned early
Hi - hoping for some advice please :-) I've given my lodger 28 days notice which is up on 1st June. She has asked to discuss the deposit as she has found somewhere to move to and needs to put deposit money down for that place. Presumably she's looking for me to return some/all of her deposit before actually moving out. I'm…
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Share to buy - right time to buy?
I've been offered a 25% share to buy flat in London due to completion this autumn (I'm buying alone but will by living with my boyfriend). With all this heat in the property market, I'm now nervous to proceed. I'm 27 and planning to buy somewhere bigger with my bf out of London by the time we're 32 with the 'benefit' of…
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Contract deposit and cash flow
Hopefully I've not missed the answer to this elsewhere, apologies if I have. Wife and I are starting to think about moving to a new house, and I'm looking at our finances to make sure I know what is going on. My house is currently worth about 200k, and I have about 100k equity in it. I'm looking for houses about 300k - I…
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First time renting, is this safe?
Hi, I'm new to this site so please bare with me. I've recently been emailing a lady who lives in Spain about a property she is looking to rent out in the UK. Basically got to the stage where we both are agreeing to meet to sign papers BUT she, of course, wants proof that the money is there before she flies over etc. She…
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Shared Ownership Buyers in Past Year Rent Question Please Help!!
Hi , we are in the process of buying a shared ownership home. In the most Hypothetical sense.... If the housing association advertise the house on 1/3/2017 as a rent of £100.00pcm but the 1st april yearly it is stated on the lease as the rent renewal date... could during our buying process the rent increase to more then…
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Estate Agency - Guarantor - Bank Statement
My daughter has been at university for a year and living on campus. But now she and two other girl students want to leave campus and have found a flat to move into. I would be the guarantor. The estate agency, however, are now asking for a copy of a recent bank statement. I have been told this is against the law. Any…
