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Any experts in Leaseholds?!
Hi I forgot to submit my insurance details as part of my lease under section 164 commonhold leasehold reform act. They asked me to pay £60 as a consent fee which I refused to do - it doesnt state anywhere in my lease that this can be charged. The first year I moved in I wasnt aware I had to do any of this and my solicitor…
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Signing the deeds over
My husband and myself jointly rent our old house out. He pays tax at 40%, and I pay it at 20%. I’m currently having to leave my job due to ill health. We are thinking of putting the old house into my name so that only I have to pay the tax. As I won’t be working, I won’t have to pay any tax as the rent is less than 10k a…
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Who's waited the longest to complete their sale?
From accepting the offer on our property to today = 7 months and 23 days so far! Number in chain = 2 inc FTB. End in sight = not yet!
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Tenancy in common - selling my part
Hi, I own 50% of a flat in London with my ex-partner. We are tenants in common. The house is currently rented out and we do not live in the UK - we live in Spain. We have a young daughter and joint custody after separating in December 2017. I now want to sell my share of the property in order to buy a new house. However, I…
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Cooling off period
Hi there, Some help if anyone can would be greatly appreciated. I have a tenant who has recently signed a 6 month tenancy agreement for a rental property of mine (its my only one if that makes a difference). They have also paid their first month's rent already. They were set to move in but due to a change in circumstances…
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Buying in London vs Midlands - Offsetting Rent
Hello! Apologies if this has already been tackled on this amazing forum, and please point me in the right direction if there's already an existing similar thread. I have roughly under £100k to use as a deposit on a property. I'm from the Midlands (Telford) and still have friends and all my family there. However, i've been…
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Buying a house with solar panels
We're buying a house that has solar panels on the roof generating a few hundred a year. (Another thread about this was really helpful and we have asked our vendor about the right forms!) Does anyone know: the vendor uses ecotricity for the electric supply. Are we tied to them because of the panels? Or can we switch to…
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Notice to quite - Scotland
Hello, I am a private renter based in Scotland. Recently (Jan 21st) I was given a notice to quit and was told that I must vacate the property on the 25th of March, I was obviously disappointed but started looking for a new property. Luckily I managed to find one and was told that I could move in immediately. Today (7th…
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When to start looking?
So I am a first time buyer and will have a 10% deposit saved in March. Possibly looking at saving up to 15% which would take up to around December. Couple of questions really. When is the right time to start contacting brokers, would now be too early? I have looked online and 'tracked' a lot of recently sold properties in…
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Understanding offers in excess as FTBs
Hi everyone, After posting on a previous thread with lots of great input and advice, I thought I'd share our latest dilemma/query with hope of receiving some help! We are first time buyers and live in Manchester, hoping to buy in a few small towns which are either on the up or already slightly established. Earlier this…
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Entitled to more as I paid the mortgage?
Myself and my ex own two properties, I live in one and have paid the repayment mortgage by myself for 19months and paid off £7.5k of the capital. My ex lives in our other property and pays an interest only mortgage on it. We are now selling both. Am I entitled to claim the £7.5k back from the capital since he has paid…
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Stamp duty / shared ownership
Could anyone help me with this please? I have tried to work it out from the government website but to no avail. I bought the first 50% share of a shared ownership house from someone in December 2016 for £66k. I paid no stamp duty at this time. I am now buying the other 50% from the housing association for £60k. The…
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Time it takes - Emoov to Rightmove/Online
I've noticed two or three properties go up with Emoov in our area, being the nosey get I am, I'm confused as to why they have taken 1-3 months to go up on Rightmove and the like(s). Whats the deal here? I should add, I am currently exploring moving home and listing. I would probably be swayed by an Online Agency, but…
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Help to Buy equity loan and the 'up to 20%'
I've looked everywhere and can't seem to find the answer, but what I do keep reading is that with a Help to Buy equity loan the government will lend you 'up to 20%'. Does that mean we could borrow 5%, 10%, 15% if we wanted to or are we borrowed what we are given? Ideally we would want to borrow as little as possible from…
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Selling 60+ Retirement House under Probate
I am sole executor for my father’s estate and also a beneficiary of his will along with my two sons. I have been trying to sell my father’s house for the past 10 months, but it is not selling even after 4 price drops. I am desperate to sell as currently I am lumbered with having to pay the leaseholder’s monthly service…
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Bromford Homes - S/O - Pets
Hi All When we first got our s/o house 3 years ago, we were told by our accounts person (who came to visit after we moved in) that normal domesticated pets etc are ok to have. We have, upon review of our lease for a remortgage, seen that pets aren't allowed unless written permission is given, this obviously wasnt the case…
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Estate agent fees payment - credit card?
Hi all, Am moving flat and had references accepted etc. Paid a holding fee by credit card, had planned to pay the balance by credit card (around £5k more to pay). To my surprise the agent has said they aren't able to accept payment by credit card... I explained I paid the holding deposit (£500) by credit card and they then…
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Right of first refusal
Hi, We are in the process of buying a house and it has all be going smoothly. However, I have had a letter from the solicitors saying they need to contact me lender because of a clause on the house. The house would have a "right to refusal" from the housing trust to buy back first but at market value. I will essentially…
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Setting a completion date
Is it possible to draw mortgage funds with 2-3 days? My solicitor has said we can complete on Friday if we exchange today (Wednesday). However I am worried incase we do not receive the funds on Friday from the lender and get charged for exceeding the completion date. I have sent an email to my solicitor outlining our…
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Assured Shorthold Tenancy Problem
Please can anyone advise me? In September 2017 I signed a 12 month Assured Shorthold Tenancy agreement with Estate Agent/Landlord for a private letting. I have 3 children, 2 of which are disabled and in receipt of DLA. All children are settled into the local school with the 2 disabled children being supported by teaching…
