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Additional Property Stamp Duty - Consideration
Hi MSE team, I jointly own my home with my partner. I also solely own a BTL flat, which I will be adding my partner's name to. The current mortgage balance on the BTL is £66k, so as I understand the additional property stamp duty rules, my partner would only be submitting a "consideration" of £33k, below the £40k bracket…
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Letter to managing agents from new Right to Manage Company
We are due to take over the management of our flats and would like some idea of what should be included. We have all paid service charges as private individuals and this years have not been spent . Should the old account run by the MA be closed with final payments to individuals or to our new RTM account. We need closing…
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Holiday let
With the tax changes in buy to let, more people are going for holiday let's, cheaper and with the rise in staycation. Coastal areas are popular and benefit in terms of self use. Anyone have information and costs (start up, running, turnover)? Are we talking caravans and lodges? Any links would be helpful too. Thank you
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Taylor Wimpey Reservation Fee
Hi My partner and I are looking to buy a Taylor Wimpey property on the estate we are already renting on. We want to reserve the property ASAP as it's the last one left until the next phase goes ahead in a few months. The sales office is only open on certain days and at certain times and only I can attend due to my partner…
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Unreasonable Clause in Tenancy Agreement
My girlfriend and I are renting for the first time, having spent 4 years abroad and we also have 1 dog. Having jumped through the necessary hoops for the agents and reference checks, they have issued an email with information on the claused that will be in the tenancy agreement. They have added one that is very…
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Moving place and need a new home comms package? MSE can help!
Hey forumites! Buying a home, or even renting one on your own or with others can be a mammoth task, but it’s important to not get tempted into the pitfalls of massive add-ons and delivery costs when you search for new home communications packages. We’re launching this a new Broadband tool so MSE users can see with…
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Secured Debts - Charging Order List
Hello I’m looking at buying a property (private cash purchase) that has multiple charging orders against it. What happens if the monies owed, secured against the property, are more than the property is worth? The breakdown looks something like this: Bank / Mortgage Company – secured debts of = 80K Local Authority (unpaid…
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Location advice: Manchester
My husband and I are looking to buy a property in Manchester but neither of us are local so we are not sure where to buy that won't potentially lose us money in the next 3 years. I appreciate any house buy is a risk but we are paying crazy rent just now in the city centre. We are both PhD students at UoM so hoping to buy a…
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head lease query.
Firstly an apology. I use this forum a lot for information and usually can find the answers i need without having to start up a post of my own but looking after a newborn has limited my research time for this (to me) complex issue! - could just be baby brain though! OK background: (and again im sorry if i use the wrong…
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Chancel Repair Policy
Hi, Just looking for a bit of advice as im really struggling to find a definitive answer to this one. We are in the process of buying a house which has a chancel repair on it. There is already an insurance policy in place which will be passed to us when we complete and will cover for the length of any mortgage we have on…
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Buying a new build flat - should I wait for new leasehold legislation
Hi, I am currently in the process of buying a new build flat on the London Help to buy scheme. With the news today about "Plans to ban leaseholds on new-build houses in England", should I try and delay/pull out of the purchase in order to await for the outcome of the consultation? The current leasehold/ground rent terms…
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Deed of Rectification - How Long? Wrong flat on title plan
Hi! I'm buying an ex-LA flat which was purchased under right to buy by the current owner. When the lease was granted for the flat it seems the Housing Association made a mistake in terms of which flat in the block they outlined in red on both the title plan and the lease plan. As a result of this our seller will have to…
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Hoping for some tips on dealing with lettings agents
Hello, I'm hoping someone may be able to offer some advise on dealing with lettings agents. My husband and I currently rent from my father in law but we are looking to relocate to North Devon from North Yorkshire. We've scoped out the areas where we would like to live and schools in the area too. We can transfer with work,…
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Newbuilt address problem.
A friend of mine has moved into a newbuilt council house, but she has problems with her address, she is trying to get sky broadband installed, they supposed to have come yesterday but she was told her address doesn't show on their system and they can't come and install broadband. They say their system is updating every…
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Have you ever tried buying a "cash-only" property with a mortgage?
There are a few properties I like but all of them are cash-only which I presume is due to structural issues, etc. Those properties are not in demand at all. I don't want to lose my hope but I really like those properties. Have you tried to push on or is it completely pointless?
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CGT liability
Good evening, I am sure I know the answer to this and I am not liable however I just want to check.... I am currently selling my house less than a year after purchase due to relocation. It hasn't been let out, I've never had a lodger and I still partially live there. It's my main residence although I lodge elsewhere during…
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Lease Variation
The plan in my lease doesn't match the layout of my flat. Is that a problem?
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Things to do on moving day
Having just read a thread that makes a couple of vague references to changing locks (just one or two) and a first time buyer saying no one advised them, here are a few things we do upon taking on a new property. Please feel free to add any advice below that you do, It might help someone! We try and re visit a property a…
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Moved in-boiler not working-can we go back to seller?
We're first time buyers and have just moved into the property-it seems like the boiler has a fault and is not working. Not sure how easy it will be to fix! Anyway, we didn't get a gas check done before moving in (in hindsight yes we should've done this!!) and when looking back on the form the seller has filled in-the…
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Can I buy a new build with help to buy?
Hi All, Currently own a 2 bedroom house estimated at £348K on Zoopla we have a mortgage of £235K. With a child space is becoming in short supply. In the next town from us there is 3 bed new build for £384K, can we use help to buy to make up the shortfall? Has anyone used help to buy as a second stepper as opposed to a…
