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Shared ownership- mortgages
Hello! I have almost passed the affordability for a shared ownership home (just waiting on the second person to sign it off) but am worried about getting a mortgage. I can work out how much I could potentially be lent for a normal mortgage but not a shared ownership one. I earn 35k, and would be trying to get a 95ltv…
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Relationship between Freeholder and Management Company??
Hello there, I would be very appreciative of some advice here. The majority of properties on our estate are freehold. Within our Deed of Transfer there are various covenants, some of which state that we have to contribute towards communal areas or "Management Areas" which are shared drives and access ways etc.. There is a…
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Tenants
Hi We had some Tenants move in to the Property next door to us, at the beginning of March, 2 weeks they were fine, not a sound. Probably just testing the waters, to see what they feel they can do. And not cannot do! Then when the two weeks were up until this day. They keep bringing these knackered old Cars back, Each time…
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Homeowner or not?
I have 5 properties which I own and rent out and due to unfortunate circumstances I had to take out an IVA 4 years ago so I want to apply for a credit card to build up my credit rating. So my question is, on the applications it asks if I am a home owner? Yes or No?
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Building plot value
Hi just after little bit of advice on behalf of someone. There is a discrepancy over the value of some land that has now arisen from a valuation carried out in 2004. The land had no planning permission on it at the time. Would a valuer now be able to give a rough idea as to what a piece of land would have been worth in…
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Buying Father-in-law's flat under right to buy
Hi Folks, He lives alone and quite elderly, he is keen for his daughter, my wife, to have the Council property, after he passes away or goes to sheltered housing. None of us live in his flat. My question is as follows. 1. Can we buy it for him, can we show our name on the Title deeds or does it have to be a will? 2. We…
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safety when dealing with letting agents
Hi I just want your help regarding renting for the first time although i have done research of major pitfalls. I rang up someone on spareroom.co.uk regarding a single room and it seemed dodgy as it was advertised as letting agency. He gave me the postcode but wasn't saying name of LL. I wanted to know this as this seems…
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Seller solicitor non-responsive
Background: I have reserved and paid a reservation fee for a parking space early this year. This parking is being sold by a developer, from whom I also bought a new build flat two years ago (but I didn’t buy the parking space then as there were no parking spaces available). The parking space is in a different block of…
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A Shade Greener
Hey Currently in the process of buying a house which has A Shade Greener solar panels. After some discussions with the solicitors I've been told they need to obtain a deed of variation for the lease. Does anyone have any experience on if this is easy and how long it may take? Solicitors have quoted 4 weeks! But we are…
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House offer price
Hi all, forgive me as no doubt this has been asked many times. I am in the process of viewing houses, i dont want to go over the £215.000 mark. I there a general rule as to % of the house listing price compared to sale price. With not going over the £215.000 mark what listed priced houses do you think i can look up to in…
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Help regarding indemnity policy. DO I NEED ONE?
Hi everyone :-) I'm buying my first house and going through all the legal process with solicitors ect. Now the sale has come to standstill as the seller doesn't want to pay for an indemnity policy that the solicitors say we must have in place before the sale can proceed. Now it's regarding the side access that is between…
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Selling property to cash buyer
I have a small property that I am selling for a small price of 21k. It is freehold, owned by my husband and myself in joint names with no mortgage/loan attached. The buyer is a cash buyer wanting to complete quickly. Is it possible to do this myself and what does it involve. I have all the deeds and keys in my possession.…
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Seeking EA recommendations in Dorset
Retired parents are looking to put their home (Blandford / Wimborne area) on the market, so I'm seeking personal recommendations for estate agents. Could anyone PM me with details of an agent they used for their own sale and who they would recommend? Thanks in advance.
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Requesting an Unaccompanied 2nd viewing?
When viewing houses I tend to find I spend more time and mental energy having to make polite conversation with the EA showing (following) me round and it proves to be a major distraction from the job in hand of actually looking at the property! There is now one property that I'm potentially interested in to the point of…
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Has anyone used Just Mortgage Brokers?
Hi, does anyone have experience with using Just Mortgage Brokers, good or bad? They have 5 stars on trust pilot but I have little faith in that seeing as companies pay to be involved in it and can apparently delete negative reviews. I can't seem to find anything else about them online. Anyone's input gratefully received
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First time cash buyer - should I get a valuation as well as full building survey?
Hi, I have inherited money which is enabling me to buy a terraced house outright without needing a mortgage. I've had the offer accepted and have instructed solicitors and an RICS surveyor to carry out a full building survey. I've gone with someone who has 30+ years experience. This is more costly than some of the other…
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Kindly Advice:: New Flat above my Flat, Seepage into my Flat
First of all sorry for the long post. My landlord is building a new flat on top of my flat. Yesterday morning when I got up I saw water seeping through the walls and through the light fixtures in my living room. Only my flat is affected by this. Kindly advice what can I do if the builder does not agree to satisfy my…
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FTB-chasing up solicitor
Hi, I'm a first time buyer and have read about chasing your solicitor. But because I don't fully understand the process of buying a house (have read lots of stuff but nothing ever gives you a full step by step guide!!) I'm not sure if I should be chasing the solicitor and what for?? The searches were instructed and paid…
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FHL - Domestic or Business Electricity?
Does anyone know if a furnished holiday letting should be on a business electricity contract instead of a domestic contract? Or is there no hard and fast rule? I only let the house from March to October and don't live in it the rest of the time. I pay business rates, or at least, I'm registered but don't pay anything as…
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First time buyer confused by solicitor final fees more than expected
Hello, I really appreciate anyone who can help. I have never purchased a property before so please be patient with me. I will point out first it is a flat I have purchased so it is leased which I know makes things more long winded. So my final statement from the solicitors is £600 more than originally quoted. Extras are as…
