-
Mortgage Valuation below what I offered
Hi, I'm a first time buyer, and not massively sure what I'm doing with stuff. I saw a house I liked for £150,000. I put in an offer for 135k, then 140k, the estate agent Your Move said I should come down for a meeting with the financial advisor. I went down various options were discussed with what mortgage I could get etc.…
-
Pull Out of Chain?
May I have some advice. Bit of a ramble. I put an offer in on a house in October and in mid December I was told that our vendors vendor had to pull out of their purchase and would look for another. I told my vendor I was fine to wait and she said she was fine to wait also. Last week I rang the vendors EA and asked the…
-
Best short-term savings option
Hi there, Planning on buying our first house towards the end of the year. As we've been a bit all over the place in terms of locations and jobs, we haven't ever had the chance to sit down and think about where we are saving our deposit. Long story short, we're unable to take advantage of LISA as need to have it open for 12…
-
Buying flat with short lease but share of freehold
Hi all! The flat I'm buying has 65 years left on the leasehold. This is clearly very short, however it comes with share of the freehold. The house is split into two flats, with the freehold shared between the two. I have asked the seller to renew the lease before the sale, but they have refused (I guess they just don't…
-
Sewer Indemnity Policy!
Hi I have a 1965 semi detached build. My previous owners topped up a sewer indemnity policy and gave it as part of exchange. Seems like part of our property is built over or within 3 metres of public sewer. This was taken on July 2011. Questions based on that 1. Mine is an old property where there were no build over…
-
Shared Ownership 100% resale/back to back staircasing
I am selling my SO property. Sold for 123k. Housing Association valued it at 115k. I assumed I would owe HA half their valuation, i.e. £57,500. However, my solicitor says I owe them half of the sale price, £61,500. As I am staircasing to 100% based on their valuation, then selling my 100% on my own terms, I thought I would…
-
Completion when moving from mortgage to rented?
Hi all, just after a bit of advice before I bother my solicitor any more today. I will try and give a brief background to try and help you help me, if I leave anything out, please ask and I will try to clarify! We currently have a 50% share in a MOAT owned property. It is 2 bedroom and a shared garden. The 50% share was…
-
help to buy in Scotland, after divorce
Does anyone have any experience of utilising any Help to Buy schemes in Scotland, after a divorce? I'm currently separated from my wife, and our jointly owned property will go on the market in the next couple of weeks. My wife earns significantly more than I do, so when we sell, although I'll have a deposit available to…
-
Things to ask Estate Agent
I signed an 8 week contract which has 1.5 weeks left to run. I have had 16 viewers, 2 offers (later retracted) one due to not wanting to be in a chain and one due to the fact they couldn't afford it. I would like some advice on what I should be asking the agent once my contract ends? I am fairly happy with the amount of…
-
How to approach a surveyor
Hi everyone, FTBer here and I'm looking to appoint a surveyor to receive a quote for a home buyers report and full building survey - however I'm feeling a bit confused about how best to do this. I have a list of surveyors to contact for the quote for each survey, however when googling for some tips/reviews some people have…
-
Would you rent next door to a car mechanics?
We've seen a house we'd like to rent, it's an end of terrace but behind the house there is a car mechanic/MOT test centre. The access to this is down a slip road to the side of the house, which opens up onto a garage area. I'm concerned about the noise it would generate and if there'd constantly be engine fumes etc.…
-
Timescale from survey to exchange
We are first time buyers and had our offer accepted on a property nearly 4 weeks ago which is now empty. The owners have bought a new build so we are technically buying the property from the building firm that built their new property. We have received a letter from the business that are representing the building company…
-
FTB, what searches for purpose built flat?
Hi all, We just got our offer accepted at a price we can afford to cash buy. My solicitor says we can choose which searches to be done. I know most posts here say it's important to have all the searches done but I think they are mostly related to houses. Does anyone know what type of search are reasonbly safe to eliminate…
-
Load bearing wall advice
Hi, I'm looking to confirm if a downstairs internal wall, between kitchen and diner is load bearing. The wall itself is solid brick/block - however the wall on the first floor above is not. Could the ground floor wall still be load bearing? Is there a sure fire way of checking ? I was thinking of removing a section of…
-
New Build Extras
Hi. Im currently in the process of buying a new build with Bellway . Ive been advised thats i need to pick any extras before they put the roof on to only pay 10% upfront _ after that its full payment First of all has anyone had any dealings with Bellway in terms of extras?will they do freebies if i ask or discounts on…
-
To help to buy or not?
Not sure I'm on the best forum but here goes.... So, we've saved up enough for a 5% deposit for our first home and we know the area we'd like to buy. What concerns us is that with help to buy 3 bed houses start £400k but if we bought on the open market older properties are around £350k (with better sized rooms!) but…
-
Selling land - minimum fee
We have a garden which is separate from the house (this is a very old property, with an old layout). We are selling up, and think it would be best to sell the land/garden first. Over the years a number of people with adjoining land have expressed interest in this little parcel of land and said that they would like to buy…
-
Buying a tenanted house.. when will notice to tenant be served?
Hi all, I am a first time buyer and have finally had an offer accepted on a property I wanted. The property in question is currently tenanted and the landlord is selling. They have accepted my offer today and The estate agent has sent me the memorandum of sale. I need to know, when will the landlord give the current tenant…
-
Freeholder's pack etc
A private road is owned by a Management Company. The owners of each property in the road own a single share in the company. There is an elected committee with a Chair, Treasurer and Secretary, who run things. One owner is selling and has requested an 'information pack' be sent to his solicitor. In the past, sellers'…
-
Driveway regulations on a new build property
I've purchased a new build and its still being built and I'm waiting for completion. I was told there would be a driveway for 2 cars and that's what the site plans show. Plot 1 in this image. I was wondering what the regulations are for driveways, if any, in terms of size? I visited the site today and it appears as though…
