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Charge To Renew Rolling Tenancy Enforceable?
I was just looking at tenancy fees from different agencies in my area and one states this: "£50.00 to renew any tenancy, whether fixed term assured shorthold or ‘rolling’ statutory periodic tenancies" Would that actually be enforceable for a rolling contract? It seems unfair to charge a fee for doing nothing. I was just…
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Online agent - suspect 'fake' offer (no sale no fee)
Hello Around 3 months ago I listed a property with an online agent under a no sale no fee basis. There was a set up fee payable in advance, which is reclaimable if there has been no offer within 91 days. Today is day 89 or 90 (went live around 19th / 20th Feb) and I have had an 'offer' of 4k below asking price. My issue is…
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Can I offer cash or is this illegal?
Hi everyone. I am a first time buyer. I have a long term illness/disability and owning my own home was something I never thought would be possible. However, I have now been accepted on to the LIFT scheme in Scotland for a shared equity mortgage. I am delighted, however there is quite a lot of red tape with this. There is a…
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Land Registry
Hi All, Please could you help? I am trying to find out what documents are held by the Land Registry for my property. I need to know what document are available for this property, particularly any that relate to the charges register. Also is it possible to find out when these charges were entered and when any…
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FTB - Worrying survey received - What now?
Good morning, FTB here and wanted some advice please. We have had an offer accepted on what we thought was our dream house. Earlier this week we received our Home buyers report. Although the house has met the valuation there are a number of things in the report that have (underpinning, roof needs replacing asap, the list…
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Conservatory or extension -Building regs?
Hi All, can anyone out there explain the need for building regs for a "Sun Room" built by a very reputable company on a new build property? The extension is described on the literature as a sun room and the installers and the vendors state that it does not need BR's as it's a ground floor building,less than 30 sq m and has…
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BTL how to calculate tax on profit and income?
Can anyone help.me please? I with the new rules being phased in over the next 4 years how do you calculate your profit and btl income for taxation purposes as you can't be taxed both? Thank you
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Asbestos in house; Genuine hazard, or source of paranoia?
So the survey of the property I purchased recommends that on replacement of the boiler, the asbestos flue should go. The heating specialist informs me that the flue may not be able to be removed as it was built into the house at the time of the house construction, but if left alone it should be fine. The casing around the…
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Right to Buy Process - Regulatory body?
I applied for the RTB in February 2016 and have a completion date of Monday 22nd May - 15 months later. I have submitted all required documents in a timely manner but there has been a catalogue of delays with the council. I received an email yesterday saying that I owe the council money on a previous rent account due to an…
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First time buyer - damp help needed!
Hey guys first time posting and I need your help. I have had an offer accepted on a house. Results of the survey came back saying there was damp (the scary word)! I had decided upon this house in particular as I felt it didnt need a lot of work so the damp thing has scared me a bit (im purchasing this house on my own and…
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Rental contract help
Huge dilemma, any advice is greatly received. We signed a contract to move in on x date. The landlord came back 1.5 weeks before x date to say can't let us move in as her current friends/ tenants need another day. So move in day is now x+1. No negotiation with us just told us. Not even confirmed to say whether we will be…
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Need help with BTL mortgage
Currently in the process of switching my mortgage to a BTL however I have a tenant in place. Have not informed lender as would be classed as unauthorised letting? Or would it? They now want to see my bank statement which shows my rent going in. Want to be right by everyone but always a stumble. Also in process of…
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Problem Neighbours
We have had a new tenant move in to the upstairs maisonette and she is ruining my life!! Most things that she has done may sound petty and ordinarily I would let these slide but her rudeness and attitude intrying to resolve these issues had led me to despair 😩 Day 1. They move in having been on great terms with our…
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Stamp Duty on New Build
If I've owned some land for over ten years and used it as a builders yard and now have planning to build a home is there any stamp duty or tax to pay? Land was far less than £125k 10 years ago. So what would I pay? Thanks
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Number of years left on lease vs lifespan of the building
I am in the process of buying an ex-council flat in an 8-storey, brick-construction council block in London. The lease has 105 years left on it. The block was built in about 1960. It occurred to me that it is not inconceivable for a 1960's council block that after a time the remaining usable/habitable lifespan of the…
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Nottinghamshire - good but affordable areas?
Hi all I'm looking at moving to Nottinghamshire way, hopefully by 2020. Can anyone recommend a decent area where a house with garden and off road parking can be purchased for under 200k? I'd love to end up in an area like my parents have - one neighbour sells their chicken eggs and just places them and a jar for the money…
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use my part of house inheritance as deposit to buy out siblings
Hi complete newbie to house purchasing in need of some advice. My mother has recently passed away and left her house to be split 3 ways between my brother sister and i, am i able to use my third as a deposit for a mortgage to buy out my siblings?
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Deposit on shared ownership?
Hi guys I'm a first time buyer and after talking to my bank and seeing what they are willing to lend me for a mortgage I'm interested in finding out a little more about shared ownership. As a single person on not a huge wage I am only able to get a small mortgage, however I can luckily afford quite a high deposit, due to…
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Gazundering hmm...
THREAD ENDED Thanks for all replies...
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Renting out our house with annex
Hello, I was hoping someone might be able to offer some advice regarding renting out our property. We have a 4 bedroom house which is 3 storeys high with an attached 2 bedroom annex. My boyfriend and I would like to rent out 4 bedrooms in the house to 4 tenants and we would live separately in the annex. Although the annex…
