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Parents selling house after making deed of gift
Good afternoon, My parents signed over their property to me around five years ago through a deed of gift. They have remained living in the property since that time. They have recently moved into another property and are currently selling the house in my name (I am completing all paperwork with estate agents /solicitors…
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tax queries with gifting / transferring house
Hi, I'm looking for some advice. I'm planning on changing the deeds of my mortgage free home to my two children, where the eldest has moved out into his own house and the youngest still lives with me. My husband passed away four years ago leaving me with 50% to myself, and the rest to my two sons equally. This house has…
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Converting Property into Student Flat
Hi everyone, I am a landlord looking to convert my 4 bedroom property into a student flat in South Kensington. At the moment the property is bare but I'd like to have high-end fitted wardrobes and study spaces in each room for the students. Can anyone recommend any good companies that can do this?
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Cost of reburbishment
http://www.rightmove.co.uk/property-for-sale/property-69029348.html Any idea how much it will cost to refurbish the above cottage. Priority will be complete rewiring and damp check and new flooring? New bathroom and new kitchen and get rid of the wardroom this can wait but sometimes it is better to do when the house is…
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Should I pay upfront for the room from abroad?
Hi everyone,! I am a foreigner living abroad and I will be coming back to UK shortly. I have been looking for a room to rent just for a short period of time, somewhere to stay before me and my bf get jobs and find new accommodation. I found a good room on the certain website where landlords advertise their properties. The…
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Nightmare Flat, Nightmare Bills. Advice?
Hello Guys, I'm just looking for some advice as I'm progressing with a complaint. In essence I agreed to move into a property via Martin & Co and I negotiated a reduced price with no agency fees as it had been listed for a long time and my issues start there really. I paid to take it off the market however Martin and Co…
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What to offer!!
http://www.rightmove.co.uk/property-for-sale/property-71532563.html Interested in the above. Not sure what to offer, it is a bit above my budget. The beams are painted white make me wonder whether they have problems with wood worms. The garden is staggered into two. I do not know what is the use of the raised area. I would…
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Estimate cost of reburbishment
http://www.rightmove.co.uk/property-for-sale/property-69029348.html Any idea what to offer for the above? It does need complete refurbishment any idea of the costs.. Looking at the state of the house what will be the urgent needs if money is tight. I think a rewiring is a must and damp check. Thanks
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Section 21 issue
Hey all Myself and my 8 year old son are currently 5 months into a 6 month AST. This tenancy was sold to us as a 'long term' one as the LL is in the Army and was to be away for several years. I received a Section 21 letter in the post yesterday advising he wants us gone by 18.4. The letter is clearly written by the LA and…
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Housing size standards 1985 vs 2004
So I found myself in a situation, I'm disabled and prior to entering the property I confirmed over the telephone a need for accessible property with 8 hours needed a week inside in a wheelchair. We moved in and a plethra of issues arrose. The history of the property is that it has previously always been rented out as a 2…
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Rightmove apartments investment only?
Hi all. Hoping somebody can help. When browsing Rightmove for apartments to buy (to live in). Almost all of the results for new properties mention net rental income in their property description. Does this mean these are for investment only? Several clearly state 'investment only' in the title/description, but some don't,…
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Deferred Building Fund
Hi All, I own a flat with the landlord being a Housing Association, within the lease there is a clause regarding a deferred building fund to be paid by myself when I sell the property. The rate of the deferred building fund is one twelve of 1% of the 100% purchase price of the property (I own 75% as shared ownership) per…
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Freehold Company Admin Charges
Recently purchased a new build flat 2 years ago. In last 6 months, the freehold was sold to a company called 'RG Securities No.3 Ltd' who have appointed Pier Management as the collectors of the ground rent and to purchase insurance. Previously, both the service charge and purchasing of buildings insurance was done by by…
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Leasehold vs. Commonhold
https://www.lawcom.gov.uk/project/commonhold/ This is now open for consultation for people to send in their views.
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Offer accepted - is this frowned upon?
Hi, We have had an offer accepted on a property, had memorandum of sale come through and instructed solicitors (though no searches etc. have been done), but have this week seen a house come up for sale three doors down from where we are renting at the moment.. It looks even more like the sort of thing we are after, and…
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No certificate of completion on 10 year old flat
Flat we're buying has no certificate of completion from building control. It's just over 10 years old and has been sold twice already since it was built. Solicitor has spoken to local authority and they have confirmed that they do not hold any building control certificates for the development of the property due to the age…
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Periodic tenancy notice, landlord insists 2 months
When we moved to our current flat, we signed a 12-month contract, which was renewed for another 12 months when it ended. Upon reaching the end of the second contract (therefore 24 months since the first contract was signed), we mutually agreed to avoid the estate agency's fees and continue with a periodic tenancy. Now,…
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First-Time buying to renovate and sell & tax
Hi, I am a first-time buyer and want to buy my first home, which is a 2 bedroom flat in London to renovate, extend the lease and sell. I will not be living in it nor be renting it out. I am also not a property developer. It will just be a one off thing. The flat's lease will expire in 64 years time and I will be looking to…
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solicitor quote - do we need 2 solicitors
Hi I would like to gift a property to my wife and get a few quotes from solicitors some mention we need separated solicitors so we are paying double of what has been quoted. however a solicitor quote mentions (after I ask) it can represent both of us during the case for the legal fee quoted. I understand when I sell a…
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Council tax Improvement indicator
Good morning All! We are looking to make an offer on a property. Its council tax band is currently E. When I checked on the government website, there’s an Improvement indicator against it. I think the current owner added an extra room on 1st floor – it’s not a traditional type of house, it’s like a bungalow but with very…
