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Rent Tracking Sites
I've read about various websites that offer free payment tracking for tenants to help boost their credit score. I'm a little dubious, so does anyone use these and have any recommendations or other guidance? There seems to be lots of them but it's hard to tell if they're legitimate and my landlord isn't really offering any…
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Underletting & "Registration Fee"
Hi there, I'm looking for advice on the underletting clause in the lease for my leasehold flat which we rent out. Consent is not needed to sublet, but we are simply required to notify the landlord of "every" underletting and pay a "reasonable registration fee". The agent working on behalf of the landlord would like to…
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H2B vs LISA... what to do?
After reading Martin's email alert this morning I'm a bit confused of what to do concerning my Help to Buy ISA and LISA. I have both. I have around £6,000 in my Help to Buy and £1 in my LISA. Do I transfer the whole lot into my LISA and close my Help to Buy, or just transfer £4000 and keep my help to buy open? Would love…
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buying mums house
i went to the bank to get a mortgage to buy my mums house at market value so i can continue living there if any thing happens to my mum . I was buying the house for £ 120.000 the house is worth £160.000 but with my inheritance from my mum of 40k would reduce the amount . The other 120k my mum would recieve would go 3 ways…
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Need to make money in shortest time from property
Hi. Our house needed renovation when we moved in, but family health problems, financial problems etc etc meant that more than 30 years later our house is in dire need. And I’m also in need to move on ASAP, and to make as much money as possible from the sale. We have a big garden with land either side of a pond and drainage…
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Landlord responsibilities/Repairs
I rent a house off a private landlord, the felt on the (wooden) garage roof has blown off in the recent bad weather, is it my responsibility or his to replace it ? TIA
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Completed new build, utility hand over?
Hi there, Just recently completed! Finally! My question is, how does the utility stuff hand over goes like? Does the builder normally have to pay the utility used during construction etc? Or do I have to pay it etc? (He's gone on holiday for a week - so can't ask him) Thanks
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Scotland - 3% Additional Dwelling Supplement.
Hello, I own a home with my ex-wife, although technically still married, we split around 6 years ago. I moved out of the marital home and have settled now with a new partner and family. We haven't got around to divorce, more so to figure out what to do with the house that we own. I want to buy a new house with my current…
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Tenants in Common Advice
Hello, I am a first time buyer looking to buy a property with my partner. We think a tenants in common agreement will be best for us as my partner has a 20,000 deposit, and I have a 5,000 deposit. We are looking to get a declaration of trusts agreement drawn up so will be seeking legal advice. We have 2 ideas of agreements…
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Offer accepted now what?
Hi, I have tried googling and looking through MSE but I am still a bit confused and would love some clarity on what will happen next (estate agents aren't being clear). We made an offer on a house £10k below guide price and eventually the vendors accepted (after much pushing by estate agents for us to go higher). We have…
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Buying a flat Month 5 now!
The process has started in September 29th 2017 and it's been stuck in the final stages of the legal paper work since Dec. Spoke to our solicitor and they have sent reminders to the sellers solicitor number of times. The sellers solicitor would then contact the management companies solicitor, this is where it has been…
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If my name is on the mortgage, do I own the house?
Hi there, As my name is on my dads mortgage, do I now own a percentage of the house?
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equity from house or sell
I have asecond property & need to release some cash. would it be best to sell house & reinvest money or take out equity from house "all be it 25% of value" & rent it out. Im 62 & was concerned if i took out equity I would pay vast amount of interest !!!!!
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House on market for long time - red flag?
Hello, I’m currently looking for my first property. I have found a property that needs from the photos what appears to be a bit of work. Potentially a new kitchen up the road but mainly aesthetic. This house however has been on the market for FOUR years, the price has dropped from approx £200 to around £170-180. The…
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Leasehold Reforms
I understand that the purchase cost of a freehold is based on a standard calculation. I’m in the process of finding out how much it would cost me to buy the freehold of my (short lease) house but am wondering if I should wait for the leasehold reforms to come into effect as the government website says that the reforms will…
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Stamp duty implication temporarily owning 2 homes
Hi all. I'm a lucky position to buy a second home back in my home village which I want to renovate whilst remaining in my current home. I plan to sell my original home when renovation is complete to move to the village but only want to do this once the work has been done. Ultimately I'll only own one home but will…
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Do I qualify as a first time buyer?
Seven years ago I sold my house and moved in with my partner. I didn't reinvest the money and I was not a co-owner of his house. The relationship has ended and I have come away empty handed. With the rise in property prices, the money from the sale of my house isn't enough to buy me a house now and I'm struggling to get…
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Homebuyer Survey report less than Valuation
Hi I have recently put an offer in to a house which was valued by the estate agents at 165k. My valuation report was included with my lender but I paid for a homebuyer report survey to be carried out for piece of mind. The homebuyer survey came back at 158k market value as it needed work doing to it. I informed the estate…
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Horrendous solicitor, what can I do?
So, I need a little advise with the sale of my house. Me and my partner split, so we need to sell our house. It sold about 6 months ago, but everything is taking so long. Mainly down to our solicitor. So my ex partner told me the solictor was one his family had used before, he cut us a good deal and we were using an estate…
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First time buyer questions
I've been a forum lurker for a while but haven't quite managed to find answers to all my questions so here I am lumping them all into one post! We are FTB in Scotland, have a mortgage decision in principle, have had one offer on a house we love rejected (which we expected - we went in early and low hoping for negotiation)…
