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How long on average for offers
Morning MSE. We put our house on the market this week! Have had two viewings so far (one cancelled as their buyer fell through and didn't want to waste our time). Another one booked in for today. It got me thinking, how long on average would you expect to wait for offers? After 10, 20 viewing? Would the particulars of our…
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Would stables very near a house be a deal breaker?
Hello, We've put an offer in on a property. It was a part of a farm / equestrian centre. The person that owns the land is selling this house. They have also put in a planning application to build 4 large houses. There will be 10 new stables built. We've just been looking at the plans and we've realised that the new stables…
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First time buyer-proof of address inconclusive?
I am a first time buyer and had my offer accepted on Tuesday on a property and mortgage application submitted on Wednesday. The solicitor had asked me to send across a bank statement, my passport and driving licence which I didn't yesterday. Today I received an email back to say that 'they had run their standard security…
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Homebuyer report - condition 3 ratings - scale of potential repair?
Hi there, I'm in the process of buying a victorian cottage. The homebuyer report has flagged several 3's, a couple of which I'm unsure on in terms of potential associated cost/hassle: Roof coverings: The main roof is a traditional pitch structure, covered with slate. The roof timbers appear to be overstretched and…
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House Auctions
Hi, I'm new to all this so please be aware I don't know everything about house buying. I have seen a couple of houses I like. However they are both up for auction. As I would have to pay £6000 for the reservation cost on top of my mortgage deposit, this would take me over my savings. Is there any way you can still buy the…
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Second mortgage
Hi, I currently have a mortgage on my own house, which I plan to rent out and ask my bank for consent to let. Me and my partner have just had an offer accepted on a house together. So my question is is it better to have the consent to let in place before applying for a second mortgage? On speaking to a mortgage adviser…
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Nasty surprise on homebuyer survey.. what to do now?
Situation is we found a property we liked. Needed a bit more work doing than I wanted (new kitchen etc) but livable. Has a garage and drive way which we didn't count on getting Over budget at 135k so put an offer of 130k. Seller countered at 132k but we held firm and it was accepted. Anyway arranged an RCIS survey and this…
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Moving to the opposite end of the country
Hello everybody. I've been with my partner, now for 15 months i am finishing my top up degree next month and i have accepted a place to do my top up year. Which is where he lives (which is about 200 miles) away from me, but i am slightly concerned with should we rent privately i don't want to be left on my own If it all…
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How long till exchange ?
I'm in a chain... My buyers my neighbour, My buyers buyer is a first time buyer, whose had his mortgage approved. He's just had a survey on my buyers property and it seems to have come back with no issues. My buyer has received my leasehold pack. Selling papers have been signed and completed. So what comes next, how far…
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Chancel Indemnity
I'm in the process of buying a new build house and our solicitor has said they will take out an insurance policy against chancel repair. I've never heard of this so had a quick Google but how I read it, we don't need to worry about this anymore, as it's a new build? Any help much appreciated.
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Freeholder puts sale in jeopardy over boiler in loft
When I bought my flat 4 years ago...the boiler was (and still is) in the loft. Nothing was brought up by the freeholder or EA or solicitors when I was buying it...so obviously I didn't see it as a problem. The boiler and loft conform to all regulations..eg boarded out...hatch...ladder etc. I have a buyer for the flat and…
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Buyer has pulled out - tips?
Edited to make it clearer. We accepted an offer on our property in November last year. We offered on a couple of properties but they fell through (subsidence with one, gazumped with another) and then our buyer (FTB) was trying to push us out as we hadn't found anywhere. We refused to move to rented (pets, young baby) and…
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Using an online estate agent to sell a property
Would anyone have any experience and advice they could share please regarding the use of online agents such as YOPA, House Simple, Tepilo, eMoov, Purple Bricks, etc? If we use a conventional estate agent to help us sell our house it could cost anything up to £10k, whereas using an online one would probably cost us less…
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Show home leaseback
I am in the process of selling my house and want to buy another but am unlikely to be spending much time in the uk for a while as my elderly mother who now lives alone in Spain following the death of my father is getting quite frail and requires care. For the time being she will not move back to uk so it looks like I will…
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Savings account 'First-time' buyer definition quandary!
*temporarily deleted* I can't work out how to delete my post completely, apologies.
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Is stamp duty payable on purchase price or house value?
Hi, As per the title of the thread, is stamp duty payable according to the purchase price of a property or the value of the property? My husband and I are intending to buy the property we currently rent from our parents for the price they purchased it at two years ago. According to estimates on zoopla, the house is now…
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Buyers not instructed solicitor?
Four weeks on and it appears our buyer have not instructed their solicitor (just found out). What should we do? They've had their mortgage valuation done so am quite surprised.
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Paying capital gains on house sale
So I will be shortly selling my 2nd home and will be paying capital gains. Is the onus on myself to pay capital gains or will my solicitor take care of this for me? Thanks for any answers/replies.
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Advice - first time buyers - viewing & offers
Hi all, Please go easy on me, we're first time buyer and new to this process so any advice is welcome! Myself and partner have been saving for a couple of years, along with searching every day on Rightmove at potential houses, viewed a couple and finally in a position to put an offer in on one we like. Deposit is sorted,…
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Surveyor made mistake
Hello, I'm new to the forum, but haven't been able to find a thread which totally relates to our issue so am wondering if anyone could offer some advice. We bought a basement flat two months ago. Upon completion, I received an email from the seller advising us that there was a 'slight bounce' in the laminate in the living…
