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Land Registry - time taken to register?
Does anyone who has completed recently know how long it takes to register a sale with the Land Registry and how long after you complete you will get your deeds? I completed a month and a half ago and I haven't received anything. Solicitor says the delays are due to the Land Registry, but they have been unreliable…
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Do I need to pay 2nd home SDLT?
Hi all, My husband and I have been saving hard to be buy our first house. HOWEVER, my parents purchased a property a number of years ago, of which 10% is in my name. The estimated current value of that property is £65,000 which makes my share worth around £6,500. Obviously, this means I am not a first time buyer after all,…
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Can this be done
Hi All, What are the implications to the following regarding TAXES, Stamp Duty and anything else you can think of that I haven’t…... My granddaughter would like to get onto the housing ladder but can’t afford to buy a ‘whole’ house. Is it feasible for both myself and husband, my daughter and her husband and granddaughter…
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Living rent free, tax implications?
My father has recently inherited my grandfather's house and has offered it to me rent free while he decides what to do in the long term with it. Are there any tax implications that we need to be aware of if we were to go ahead with this arrangement? Many thanks in advance.
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Assured shorthold tenancy- your most important clauses
Hi I am in the process of drafting a AST contract for the first time as a landlord. There are a lot of examples out there in the relevant literature incl on the gov.uk website (https://www.gov.uk/government/publications/model-agreement-for-a-shorthold-assured-tenancy) They are all a bit different and Not to have been told…
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What survey on a 1700s house?
Hi, we're planning to buy a late 1700s stone house in the north west. To the massively untrained eye it looks like it's in reasonable nick but the seller did quite a lot of work on it around 20 years ago and it's that rather than the age of the house that's making me nervous - after all it's stayed up for 200 years…
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Stamp duty surcharge for adding wife's name to property?
We bought a flat some years back. At the time of buying since I was the only salaried person we bought it in my name only. Since then we had to move from the place, so rented out that property. We are also renting in a different area. This is time to remortgage. This time we wanted the property and mortgage in our joint…
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Staving off a potential family dispute
I have a potential situation on my hands and was wondering if anyone had any advise as I get lost in a minefield of potential documents and pitfalls. Ten years ago, I took on the mortgage from my father via him gifting the deposit to me, i.e whatever equity was still in the property. They signed paperwork saying they had…
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Help! Where should I buy???
I am looking to buy my first house in the North West, but I am in the unusual postion of having almost too much choice for location! I am single and I work in Oldham, but I spend a lot of time in Southport and Knutsford, so i’d really like somewhere between the three. By my calculations this incorporates a massive area -…
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Daughter needs a guarantor. Can't be me. What can we do?
Hi, My daughter is about to leave university and has found a house share to move into when her course ends. Within the next few days, she needs a guarantor who is a home owner and a UK resident, otherwise she will lose this house. I assume this is standard practice and will be the case with renting anywhere. Unfortunately,…
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New Build design flaw 2 months in.
I bought a new build house off plan, exchanged September 17, completed 16th February 2018. Spotted a couple of flaws on the snagging day but nothing major. Once I moved in I found a few more and it's been like pulling teeth getting them fixed. After several ignored emails and showing up at the sales office I finally got…
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On periodic agreement and landlord has asked to sign a new contract
Just some advice please. Our contract expired in July last year. We were asked to renew and pay an increase in rent. We said we would sign and pay higher rent, but wanted some issues fixing (weather proofing window frames (causing water to leak inside home), rotten planks holding up washing machine/freezer etc. Only health…
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Moving back into house with BTL mortgage
I recently arranged a new BTL mortgage on a 2 year term, on a house I've been renting out as my tenants said they wanted to stay on for another 18 months. Just after the mortgage was in place the tenants gave notice that they are leaving in 3 months. I want to leave the rented flat I am in anyway so the best solution for…
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House buying - what to offer
Hi new to this board. I am about to put an offer in on a house and am a bit clueless on the whole bidding process! I am not sure what to offer as a starting bid - I don’t want to get anyone’s back up / miss out but obviously don’t want to overpay on a property. Situation is as follows: we have just put our house on the…
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Bad landlord didn’t protect or return deposit. Help please
I’m trying to help my cousin who paid £1300 deposit in 2010. The deposit wasn’t protected in the TDS scheme. She left the property in 2017 but the deposit was not returned and no good reason given with calls and letters ignored by her landlord. I understand there is a 6 year statute of limitations on the claim but the…
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New Build - Sliding Patio Doors not legal?!
We bought a new build property late last year and ordered sliding patio doors as an option. We were told not long before we moved in that we couldn't have sliding patio doors as they "weren't legal" and sliding doors didn't comply with regulations. Ironically the show home (built at the same time) does have them. Does…
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Maximum Budget versus Advertised Price
It has been a couple of months of watching and waiting for us on the house front, but I now have a new (better paid) job and my Partner has just had a pay rise. So we now comfortably know what we can borrow. We have a MAXIMUM budget of £380,000 (excluding all associated house buying costs etc.) My question is,…
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S21 - a quick query
Good afternoon all, We received our S21 notice today. There are no issues with this as we are all in agreement with the landlord about specific issues around vacating. However I have a couple of questions that I only seek answers for my personal knowledge bank. We received: Letter from the lettings agent stating landlord…
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Land Registry - Two results?
A house we are looking at tomorrow does not mention if it is leasehold or freehold. Do listings have to mention if it is a leasehold? I've had a search on the land registry and two results come up for the same address, one says leasehold and one says freehold. I'm a bit confused as this is for the same address :huh:…
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Changing a right of way
Hi all, I just wondered if I might be able to tap into some of the wisdom on this board! We've recently bought our first home. It's in a lovely quiet location, set well back from the road. One downside (but not a big enough deal to put us off buying!) In our mortgage deeds it states "access on foot only" which is fine as…
