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First Time Renter Estate Agent Confusion.
Hi. I've recently looked at a property, and offered £660 PCM (The Landlord Wanted £695) On the viewing day, the estate agent told me that it had been on the market for a long time so the price is negotiable. This is the response i received. ''Given this I think the Landlord would prefer to accept the higher price, as I'm…
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Unfair Leasehold Contract - GOV whitepaper
For those with a dodgy leasehold contract (Doubling of ground rent every 10 years) to an unsustainable amount. I have seen on the GOV website that they are doing a white paper on it and are looking for people to take part. I guess the more information they get the quicker/harder they should be able to act. May aswell take…
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New build not ducted to BT infrastructure
New build house never ducted to BT infrastructure My house is one of 20 plots. 18 of the other plots were connected to the infrastructure correctly, cables at the front of the house boxed away etc. My house and next door were forgotten about (somehow...). We have unconnected cables dangling out the house by the front door.…
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Buyers Solicitor advised them to pull out over loft conversion
My sister is currently selling her 2 bedroom, semi detached, mid terrace house, where she lived for 20 years. It is in excellent decorative order, in a good location and competitively priced. It is currently empty ( she has moved in with her boyfriend), and is ready to move in. She got a potential buyer as soon as she put…
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New Mortagage with permission to let
Hi, I am just looking for some advice, I currently have a residential mortgage with permission to let which I have been renting out for the past 3 years. I currently live in rented accommodation as I have been moving around quite a bit over the years but I now want to settle down and buy a property. Do I need to convert my…
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Buying off Plans
There is a house that is yet to be built however looking at the floorplans it looks like it is what I'm looking for. My question is this is one of two houses that developer is building. They are a relatively young company, two and a half years. The price of theproperty is at the top end of our budget. Would there be a good…
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Want to start rent to rent - a few questions
Hi guys! Me and my girlfriend would like to start small rent to rent business. We want to rent 3-4 bedroom house and look for guests on Airbnb, Booking etc. The thing is that it's not easy to find landlords who will agree for that but it's all about negotiations (we had one offer but house was too small). I don't even…
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First time buyer saving advice
I am planning on buying a house within the next 3-5 years. I already have some money saved but I am aware that there are many costs with deposit and other fees. Could anyone offer some advice on what is the best way to save for a deposit and other costs. I know about help to buy ISA and help to buy ISA but I'm not sure…
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Advice on buying second property...
I currently own a property and have 85% equity the property value is 110k. 5his property I intend to rent out. I am look8ng to save to buy a second property to live in at a value of 85k. Question is how much ltv would I need to buy the secobd mortgage. Is there any other obstacles I should know of. Thanks in advance Lewis
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Doorsteps - Anyone used them?
Looking into estate agents, and just down to the utterly low price, I was thinking of giving doorsteps (dot) co.uk a try. Now I know I wont get the same level of service as if I used a local agent, but heck, for the price (£99 - £199) I was thinking of giving them a try in the first instance as no real urgency. Anyone used…
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FTBs - How much overlap did you have between tenancy and completion?
Asking all home owners who were tenants before they bought their current house as FTBs. What was the overlap between completion and end of tenancy? As a FTB (Waiting to exchange), I intend to give notice to my landlord on date of exchange. However my one month rolling tenancy term is that my notice period should end at the…
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CGT On Rental Property
Hi I was looking for some advice on the following CGT issue. I own a second property which I bought in 2010 which I rent out. It has appreciated in value a great deal to the point that I will have a large CGT bill if I sell. As I only have one other property that I own (the house I live in), is there a way to reduce the…
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Roby in Liverpool
Hi, I'm not sure if I am posting this in the right place, so Mods please move it if needed. Basically I am looking to move house, I have seen a great house in Roby, Liverpool, which ticks all the boxes and the builders are also offering a decent part-exchange figure for my current house. I am not from Liverpool, so don't…
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Mortgage help!
Hi Please can anyone help with some advice - I am a home owner however after a year due to changes in the goal posts at work I am hoping to sell and move in with family. My property has increased in value from when I purchased which is great. I have a repayment fixed term mortgage. If I put my house on the market, what…
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Best place to advertise a private rental?
Brilliant tenants have bought a house and given notice - I wish them well. Any suggestions for the best place to advertise a private rental to maximise exposure? Current tenants were found through Gumtree 2 years ago, but I would like to widen the Search. I have no wish to use a LA or an EA. Property is a 2 bed flat in…
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An audacious buyer?
Sold my flat to my neighbour. We exchanged last week and we are due to complete Tuesday. So he emails me and asks if I wouldn't mind if he placed some furniture into my flat on Monday, the day before to help out his moving ?!? He did say he'd move it out if there way any problems or delay on completion... But I found this…
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Advice on wording an offer on a house please
Hello, My parents have very reluctantly accepted that they need to move house, mainly to be closer to amenities / family support. After 3 months of house searching, with me despairing that they would ever find anything, they saw somewhere yesterday they would like to make an offer on. However, this house had 10 viewings…
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Dirty Rental
I moved into a rental which is just filthy. Who is responsible for this? I thought that part of the deposit was held back from the previous tenant and used to clean it?
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Capital Gains Tax on Sale
Hi all, Would appreciate your advice. I am currently in the process of buying a flat and selling a house. I have had an offer accepted on the flat, mortgage approved and legals are well under way. The house however, is still on the market and will probably take a couple more months with the market as it is. I am not…
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Child maintenance but no court order....cab this be classed as income?
I'm applying alone for a mortgage. Each month my partner puts money into a joint account to pay bills and shopping. Can this be classed as other incomes when it come to my mortgage application? Thanks in advance.
