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Help needed please.....
what do you do if you cant get your ex to sell joint property and they cant get a mortgage to buy you out im totally stuck and don't know what to do and this has been going on over 7 years now
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Property value impacted by no deeded access rights?
Hello, My partner and I are in the process of buying the house we currently rent from our landlord (a large property company). The property is an end of terrace on a private road, however our solicitor has informed us that there are no rights of access down the private road to access the property. The vendor has offered to…
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Survey time! Which type to go for?
Hi, So it's time for us to let the mortgage lender know which survey we would like on the property we are purchasing. But not really sure what to go for, so wanted a bit of advise? Details of the house: It a 1960's 3 bed semi. It needs a lot of work, its been empty for 18 months as the current owner has been moved into a…
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87 yrs left on lease-Worth extending before selling?
Hello all, I have 87 years left on my flats lease (worth about £420,000) - I'm looking to put it on the market soon, but can't get a sense of whether it would be worth extending the lease to increase it's market value. I've calculated that a lease extension would be £4-6k plus fees. Any ideas or links to resources on…
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Potential bypass near house
Hi All, We've seen a house we really like, and it looks out onto lovely coutnryside on the edge of a town and an old historical abbey (still with monks!) - however, there are proposals for a bypass which could take one of 7 routes with varying degrees near the house, anywhere from 150m, to 500m, none of the routes go right…
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House buying using right to buy
Hi, Was hoping for a bit of advice regarding the Right to Buy scheme. So long story short, Myself and my partner have lived with her Nan for just over a year. We are not on the tenancy but I believed we are seen as lodgers and it is our main (only) home. Her Nan has lived in her council house for about 50 years and has…
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Garage Conversion and Insurance
Hello, I am planing to convert an internal garage to a living room and wondering how to deal with insurance. Specifically, how it works if damage happens to the house because of the conversion work? Is it covered by home building insurance (I have had a look at the policy but it seems this is not within its coverage) or…
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Part public road/part footpath/private road
We are selling our property which we purchased in 2012. The main access is through our garage which fronts a very old road which also happens to be a public footpath. Further down the tarmac road are bollards and then it becomes a dirt path. Our garage (one of three) is near the mouth of the road where it turns on to a…
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Do I need landlord's insurance if fully managed?
I'm about to complete on a property which I'll be letting fully managed through my estate agent. I have to get buildings insurance in order to complete, but do I only need buildings insurance or should I have landlord's insurance. I previously had a house I let out for 10 years and only ever had buildings insurance.
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Adding onto deeds (and mortgage) - question re stamp duty
Hello I currently work as a physio for a recruitment agency and am going to start working as a permanent member of staff at the same place of work, so I can get my name on the mortgage and house deeds with my partner. However, this process might take a couple of months until I have the letter confirming my permanent job…
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Stamp duty- first time buyer/ executor has sale
Hi I sold my mothers house as the executor of the will last year. From this money was distributed to family members. This then allowed me for the first time ever to have enough money to use as a deposit on my own property. In February I completed on my first ever purchase/mortgage. Where I have a problem which I would be…
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Selling house to son
My son currently lives with me in a house that I own outright. I want to move away and buy a smaller house. He wants to buy our current home from me for £450,000. Obviously no agents will be involved. I am happy to accept 75% of the money upfront and allow him to pay me the rest on a monthly basis, thereby dispensing with…
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Solicitor pushing to exchange
Just a quick Q : we are all set to exchange in just less than a month from offer.. i have transferred the 10% to the solicitor account today, however, the insurance starts 1st May. The solicitor is insisting that we exchange tomorrow, which is making me little uncomfortable (it doesnt impact total timelines). Actually the…
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Open house advice
So my estate agent really sold the idea of having an open house and booking people in every 15 minutes. Now I've had time to think about it, I`m having a slight meltdown. If anyone who has done this could offer some advice I'd be very grateful! How do you keep your belongings safe? I understand don't leave anything like a…
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Thinking of pulling out of new build purchase and part ex sale
Need some urgent advise please. We reserved a new built house with a builder at the end of March 2018 by making a payment of £1k. The builder decided to buy ours on part ex basis.At the time builder throw some incentives like stamp duty, white goods and flooring as they offered £10k less than market value of our house. We…
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Help Re; Getting Money Out of Our Property!
Hi All Here is the situation: Me and my wife bought our first house last year for £149,000. We put down a small deposit and after paying back our monthly mortgage (and seeing the majority of it swallowed by interest!! :mad: ), we have an outstanding mortgage of £137,000. The house was under market value at the time as it…
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B2L HMO in Ltd, using a commercial mortgage only???
Hi guys I have formed a limited company with the intention of buying a property in the company's name for an HMO business. I have approached NatWest and their advisers are giving me advice which is contradictory to my independent research. NatWest are saying that my limited company can't buy a property using a buy to let…
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Tax implications new build
I am in a bit of a dilemma and hopefully someone will be able to give me some advice on my situation. I am fortunate to have secured planning permission in my garden for a dormer bungalow. However, I want to maximise what I have by building it out, living in it for 3 years as my main residence to avoid CIL levy charge…
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Thinking of using a fully managed letting service
Has anyone here rented out a property using an estate agent on a fully managed let agreement. Would you recommend using this method?
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Static caravan ownership.
Probably not the right forum but seemed the only one in the right area. Just back from a static caravan holiday. Nice van on a quiet coastal site in Norfolk. Thoroughly enjoyed it and on checkout the sales team tried to get me to buy a van on site. I never buy anything big on contract without a lot of research, and it…
