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As a renter, do we need property cover?
We are looking to rent a property from a landlord for 6 months. We will get contents insurance for our things but, as an example, what happens if we flood the house or something similar? Would the landlords house insurance cover everything or could/should we get our own property insurance?
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Safety certificates for appliances when buying a house?
What's normal when buying a house? Should you get a safety certificate for ALL the gas appliances in a house? Do you legally have to be be furnished with one? With our house purchase we got a home owner/landlord's gas safety certificate...the boiler was on it but the gas cooker was not. Simply absent from the list. Does…
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Help 2 Buy ISA Bonus
Hi Thanks to everyone that helped me with my last question. Its much appreciated. I have one other question about our H2B ISA top-up. We are looking to purchase a new build flat soon. The flats are due to be released off-plan in September of this year, but wont be completed until around February 2018. We both have H2B ISAs…
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Buy to Let scenario - Advice needed.
Hi everyone My scenario and queries are below: My partner lives in a rented council house and is now eligible for the right to buy scheme. Her house has been valued by the council and her father is wanting to give her the money in order to buy the house outright which will result in a 'No Mortgage' situation. The money…
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House buying fees
How much would people recommend having in savings for the costs of buying a house (not including deposit)? I'm considering arrangement fee, booking fee, valuation fee, survey fee, stamp duty, solicitor fee, land registry fee, local van hire (myself to drive), new curtains/blinds, new cooker, mixer shower. Would £5000 be…
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Shared Ownership - No Shed
Hi there, Looking for some advice. We reserved and are in the final process of purchasing a shared ownership property from a local housing association. Before reserving the property, we asked all of the important questions including, will there be a garden shed as I know sometimes, you have to wait a few years before you…
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Dodgy dealing from repo company?
Apologies in advance for a rather complicated post. We have been trying to buy a repossession property through an EA. As far as we know the property is owned by RBS but an asset management company is selling though the EA. They have a separate solicitor acting for them. Our position was that we had sold our house STC and…
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Idiots guide to shared ownership purchase
Would love some advise please for first time buyer - hoping to buy 50% of shared ownership property. So far viewed the property and had verbal acceptance of offer from owner of the 50%. Other 50% owned by HA. Have MIP and expressed interest in using a solicitor with good knowledge of SO. What is our next step please? The…
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Selling retention
We sold a house last September and agreed for a £ 1000 retention be held back for work to be carried out it was to do with radon gas. As yet the work has not been done . Is there a timescale on the work to be completed by. ie 12 months for example. Many thanks
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Raising funds for house purchase
Aged 45 and With £600k realised from the sale of principal residence and £25k savings, am looking to purchase property valued at £950k. Obviously shortfall of approx £350k (also not stamp duty, etc). But as income gross is approx £30k self employed, very little borrowing power from mortgage lenders. Retired parents who are…
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New Build - 28 days to exchange
Hi I hope someone can help me. My partner and I are hoping to buy our first home soon. A new development is being built that we are very keen on. The flats are being released, off-plan, in September. They wont be ready to move into until Q1 of 2018 (they're not exactly sure when). We have been told that if we want to…
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Short Term Rental on House we are purchasing
We are moving out of our current property on 12th August as our buyer was going to pull out of the sale if we didnt as her tenancy agreement is up and we have already had to move the date 3 times so she is getting very fed up , and as we got £10k more than expected for the house we didn't want to lose her so agreed and…
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Switching from a buy to let mortgage to residential
If I were to buy a house with a BTL mortgage, intending to rent it out, but a short while later want to live in it myself - what process would I have to go through? I believe it would mean remortgaging with a residential mortgage. But would I have to have a deposit? What if I've only recently bought it and I have no equity?
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Extending House Over Manhole Covers/Drains
Hi, I'm thinking of adding an extension to the bungalow I've just bought but it would be going over a manhole cover and a drain. Would the drain have to be re-routed around the extension? Any ideas if it's even feasible or should I just not bother? :) Thanks, Ed.
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How long
Hi Our buyers had a mortgage valuation last Monday on our property, how long does it take for the buyers to find out if the house is valued what they are paying for it. Our EA said that we would have heard back within a day or so and the surveyor said that he was doing his report the same day. Keep hearing stories of…
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Mortgage lender lost us the house, complaint/resolution
Hi Previously our mortgage lender caused a delay which cost us the purchase of a house. Vendor pulled out as things were taking too long. We complained to the lender, and they have confirmed the delay, and offered an amount. I responded again, refusing the amount as it was pitiful for the effect they caused. They have…
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Additional 3% Stamp Duty
Person dies intestate house split 5 ways to A,B,C,D.E. Decided that until death A and B can live in the house. Please could anyone advise if additional stamp duty would apply in the following scenarios if A / B are alive and still living in the house:- C owns his own house and decides to move and buy another. C dies, the…
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SDLT - cohabiting couple separating - 2 properties
My ex-partner & I own two properties, one is our main home and the other is a buy-to-let. We own both properties jointly and have a joint mortgage on both. The plan is for me to take on ownership of and the mortgage for the buy-to-let property and to move into it as my main home. My ex-partner will take on ownership of and…
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Looking to rent but have 2 cats, help!
Hello all, So I'm new to renting, I'm moving out from my parents with my partner. We're on a timer of around 2 months and in London. I have 2 young, very clean cats. And I'm fully aware that lots of landlords don't like pets these days. It's been a struggle to find a place that has not got a big 'no pets allowed' written…
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(Now ex-)DP has left with zero notice - advice on rent, notice and deposits please
The nitty gritty Tenancy is in England Fixed term expired, and it's now a periodic tenancy Rent (£1300pcm) is paid on the 15th month - so if I give notice now it won't expire until 14th September. I have some savings, but I can't afford to pay the whole rent myself on an ongoing basis. It's a modest London flat, hence the…
