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About to rent my property, barking dog issue.
So I've had a barking dog issue, the neighboring dogs bark incessantly from 8am to 11pm. Last night I went over and knocked on the door, the owner took offense to me pointing out it was 11pm and I couldn't sleep. I'm in a position where I could move quickly if I wanted to, and weighing up whether if I should fight this or…
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Escalating Ground Rent and Purchase of Freehold
Hi, I am looking to purchase a property valued at £675,000 but am quite hesitant to proceed after learning of the ground rent provisions in the lease. The relevant provisions are set out below: Lease Term: 250 years from 1 June 2000 Remaining Lease Term: 233 years Current Ground Rent: £350 rising to £5,600 Ground rent…
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Removal People - Should/Would you tip them?
As it says, moving on Friday but they are mostly packing Wednesday.
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Rental deposit and tenancy insurance
Hello all, New to this forum but have a few burning questions regarding a recent tenancy we finished. Finally got onto the property ladder and move in last week. The property we moved out of was privately rented where we have £995 deposit held with Deposit Protection Service. Before we handed the keys back we cleaned the…
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Natwest Mortgage application
Hi guys we got our AIP through Natwest just under two weeks ago. We went through a broker so Natwest carried out a hard search. How likely is it we could still be declined on full application if a hard search has already been carried out?
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First time buyer advice needed
Hi all, As the title suggests I am a first time buyer. I currently own a house outright as it was very kindly given to me. We recently decided to get the house ready for sale and have been doing some fixing up but don't know what to do next. Can someone please tell me what happens and what I should do? I've spoken with the…
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Searches?
Can anyone help with timescales? I'm buying a property owned by a bank that was repossessed from a developer and I live in a rental atm. Mortgage offer done, so with solicitors to do searches and get land registry map etc, before I can sign contract? Can anyone give me an approx timescale this usually takes? Weeks?
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Selling then renting
So am in the process of selling my house. Instructed my solicitor on 1st June. My buyers have a buyer for their house but those buyers are not in a chain (so 3 solicitors involved). I've been told to allow 12-15 weeks for it all to complete but I realise you can never predict how long it might take. I have asked my buyers…
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Lack of Buildings Regulations Certificate and Covenant Consent
We are first time buyers and are very close to completion. However, we have just found out from our solicitor that the sellers cannot provide a buildings regulation certificate and proof of covenant consent for two items in the property (new patio doors and installation of oil central heating). The patio door was done in…
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Farscical
Hi all Any advice appreciated. My completition date was agreed last week to be Thursday just gone
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The Bank's valuation is 20% under proposed purchase price
Ok some context, myself and a sibling are extremely fortunate to be given a lump sum from a relative as an advance on inheritance to get us on the property ladder. My relative has a property for sale which my partner and I want to purchase, my relative has said that instead of a lump sum they will reduce the price on the…
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Declaration of trust - implications?
Hello all We have been living overseas, own 3 buy to let houses in U.K. outright and have recently returned to the UK. As I am working full time and my wife isn't, in order to reduce taxable income we have been advised to take out deceleration of trust for 1.5 of the 3 houses we own (I own 1.5 houses on the deeds and…
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Use solicitor for purchase but do own sale conveyancing ?
I'm wondering if this might make sense or is a stupid idea? I'm obvisouly buying a new place and selling the current completing on the same day). Both properties are freehold and there is no mortgage or anything else as far as I know that is unusual. My theory is that with selling apart from doing all the admin correctly…
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FTB Buying a share of parents house
As a FTB can I get a mortgage to buy a share of parents house, to enable me to get onto property ladder and also free up a lump sum for parents to buy a second smaller property? I will be living in their current house and they will move into the smaller property. Thanks.
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Legal rights after buying a house with dangerous electrics.
Hi I recently brought a 4 bed detached house and paid the price of what the house was valued at based on acceptable electrics. The seller did not reply to the electricity questions nor did she provide an indemnity policy for an extension (I paid £100 for it just before completion at mine and my solicitors disgrace) I was…
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vendors solicitor hopeless - and Green Deal
After seeing a house in March this year, I put in an offer in early May and it was accepted. Yay! Vendor has already essentially moved out in part, to be across country with family, where they hope to buy asap. I've been pestered these last few weeks by the vendors agent with the 'have you got your mortgage approved yet?'…
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Shared lane
Hi everyone, We are currently searching for a new home. We want to move into the country and have found a beautiful home, in beautiful surroundings with a beautiful view. It's in the exact location that we would love to live. The only thing that's slightly putting us off is the shared lane. It's shared with other houses…
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LANDLORD TAX ALLOWANCES - is this allowed ...?
Quick Q... I started letting my property in June 2016. Therefore in the process of completing Tax Return Self !!!. In about February 2016 - so before the start of 16/17 tax year, I got my property ready for renting while I still lived there. Are these costs of getting it ready tax deductible allowances. One included a…
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Leasehold / shared ownership / conversion question
Can someone please give me some general advice: I am a shared ownership property owner. I own 50% at the moment. I want to convert my garage. I asked the HA (who owns other 50%) for permission and they basically said no because .... The Lease says 3 ( 5 ) not to make any alterations or additions to the exterior of the…
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Scary surveys..where do we draw the line?
Hi there, We are first time buyers who have had an offer accepted on a 100(ish) year old terrace. The asking price was 145k and this is what we have agreed to pay. The first survey we had done (homebuyers) valued the property at this price however said there were certain issues which would need fixing (including problems…
