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Mortgage Help.
Hi, Myself and my husband have been renting for 3.5yrs. Previously to that I was paying a mortgage for 5.5yrs. We had to sell the house because it was just crippling us. It couldn't be heated and we were spending so much money on oil, it was a new build but once the builder got his money he didn't care about everything…
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Initiating leasehold block improvements
hi I recently bought a leasehold flat which has a management company who maintain the block, collect service charges etc. However the block is not in the best state, the stairway windows are all rotten, walls need painting, stained carpets, entrance door just pushes open etc. I am about to email the company to enquire…
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Tenants in Common - RX1
Could I please request confirmation that the form RX1 is the correct form to apply for Tenants in Common? House currently owned by married couple.
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Assured shorthold expired, periodic tenancy, demand for signing new contract
We have been renting a property for the last 5 years. First year as assured shorthold, then paid the landlords agent "extension fee" but never received or signed another tenancy contract, and never heard back from them. I assumed that terms of previous tenancy contract applied and that lasted for a year as per original…
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Mainstay residential query
I'm in the middle (after 13 weeks and counting) of buying a flat. We were ready to exchange when we were informed that BRAM sold the leasehold to Mainstay residential in the last 3 weeks and now have more delays. Anyway, how are Mainstay at managing things? I couldn't find anything recent on here and Google search came up…
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Verisure Alarm Systems
Hi, I am not to sure if this is the correct thread to be posting this but will give it a go anyway...... I have recently moved into a new build and looking for an alarm system. I have been shown a demo of the Verisure Alarm System and have to say I am very impressed with how it works. Love the fact it is a swipe in and out…
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No tenancy contract for 2 years, signing of new demanded
Hi all, I have been renting a property for the last 5 years. First year as assured shorthold, then paid an agent "extension fee" but never received or signed another contract, and never heard back from them. Every now and then I was asking landlord for some repairs or white goods replacement as old ones broke down, nothing…
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Flying Freehold woes
I'm at a bit of a loose end and turning to the money saving forum for some advise.I bought my first property just over a year ago.Due to personal circumstances I am selling up.I have had 2 respective buyers pull out due to them unable to get a mortgage because the propertyy is 100% Flying freehold (a term I have just found…
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Sold house but don't have a bank account
Hello The sale of my house completes in 10 days and I will make a small profit on the sale. My problem is I don't have a bank account at the moment as I ran into financial difficulty a while back so my bank closed my account (difficulty largely triggered by their incompetence, but that's another story). I could open a…
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Deposit deduction over re-paint of the wall: Advise from landlord & tenant please
Hi, I am having a bit of dispute with my landlord regarding the deduction on the deposit. Earlier I have stuck something on the wall with tape (totally my fault!) I have removed it after the live-in landlord has found out. However, the damaged has already done.:( As I am moving out soon, the landlord mentioned that the…
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Car Finance ending before mortgage application
Hello everyone, just looking for some advice regarding our upcoming mortgage application. My husband has finance on his car, this is just to end the month before we intend to apply for a mortgage - my question, how do you think this might affect 1) His credit score and 2) Our mortgage application?
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Buying shared ownership can you make offer
Hi all Might be a daft question but being our first house purchase we're just not sure 🤔 So buying a shared ownership property can you make an offer of the share your looking to buy? Just like you would buying a normal house. Thanks again all
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Converting a bedroom into two smaller ones
We have recently extended one of our two bedrooms - it is now 18’ 6” long and 11’ 6” wide. Our other bedroom is 14’ 1” by 12’ 9” Whilst that give us a good size room, the thinking is to maybe convert it into two separate bedrooms. Rough sizes would be: Bedroom A 9’ 3” by 11’ 6” Bedroom B 8’ 10” by 11’ 6” There is just the…
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can residential management company make me get rid of a pet, as the homeowner?
I am the owner of a duplex apartment, which I let to a long term tenant. She recently asked me if she can keep cat, at the property and install a cat flap. She's a fantastic tenant so I agreed. The 16 apartments are managed by a residential management company to whom all homeowners pay an annual management fee. This is for…
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Can we get stamp duty refund on buy to let
Hi, we bought a buy to let and got the keys a couple of weeks ago. Two days later we found out about problem neighbours which wasn't declared by the previous owners and we are so hacked off we just want to sell it on. As it was a second property we had to pay the Scottish equivalent of stamp duty. I think the answer to…
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Companies that buy your house
Due to unforeseen circumstances ( not financial) I need to sell my property quickly. I was going to contact a company that buy your house. I am aware that they offer about 30% less of the market value and can sometimes drop the price again when due to sign contracts. I'm not looking to sell due to financial reasons and if…
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Mortgage Rejected - 'Not Suitable Security'
Hi, I'm a FTB and had an offer accepted on a flat in Zone 2 East London. An area I'd consider to be continuously going up in average prices. I passed all the affordability tests and my solicitors have just gotten started on paperwork. Everything was going well until my L&C broker rang me to say that the lender's (Halifax)…
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Court Action for repossession scam.
I own the long (125 yr) lease on a property from Chime Properties Ltd. I let it out on a shorthold tenancy. They have been sending all the ground rent demands to the flat and my tenant has not been passing them on. The first thing I know is a judge at my local county court rings me up to tell me they have made a claim for…
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Property buying and selling process
Hi all I would like a bit of advice if possible. In 2003 I bought my first flat on the shared ownership scheme, only 25% but did well considering I was only 23 and on awful wages. Since then my flat has gone up quite a lot in value, in addition to paying my mortgage ive gained a bit of equity. I met a girl etc and she…
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Salaxy Exchange Car Scheme affecting HB
Dear all, My company has a salary exchange car scheme where i can buy a new car in exchange a portion of my salary monthly. If i get approved my final salary will be decreased approx £350 a month to cover the new car. Will my HB amount will be increased due to the deduction of the salary? Thank you
