-
When should we list our house?
Hello all :) We have been in our new build for just over two years now but the time has come to sell up and move back towards friends and family (and London) as salaries are now a lot larger and affordability is much greater. However, I have a promotion verbally agreed at my employment (massive multinational and I have…
-
Better to purchase BTL as a company or individual?
I started a job a year ago with 30k salary. I do not own a house as I live in london and prices are extremely high so I cannot afford. I would however like to buy a house for myself some point in the future. The deposit I have saved up I am planning to use as investments to purchase buy to let properties outside of London…
-
debt collectors
Hi! Sorry if I'm posting in the wrong place, please move if it is My ex moved into a flat when we split last year. He was receiving the previous tenants letters and sending them back with "not known at this address" written on them. One night debt collectors knocked on the door at 9pm. He explained it wasn't him and they…
-
Neighbour blocked garage with fence
Need advice please. Neighbour blocked my access to my garage with a fence down the middle of the access way. I live in a semi detached property with a 2.5m access way between me and my neighbours house leading to a joint double garage, one of which is mine the other is the neighbours. Our title deeds show that we each own…
-
Capital Gains Tax query potential second property sale
Hello Here is my situation: I bought my house (A) in 2012 for £156,000 and it was my main residence until January 2018. It is now valued at £190,000. I bought another house (B) in January 2018 and this is my main residence since purchase and will remain to be. House A is for renting and House B is for my residence. We have…
-
Investing in property, or not?
Have been reading through some of the other threads on here as well as on the web about buying a property to let it out. I can see that the tax benefits are a hinderance to this so my question is: I own my own home outright and am looking to invest my extra income. Do you think I’d be better to save up any extra income for…
-
First time poster living in mobile home?
Hi, So first a bit of background...we're currently living with family to save some money for a deposit. I'm in my early 40s and my wife is in her late 50s. So far we've managed to save 8k. We have been looking around for what we could afford house wise and the closest we've seen is Yorkshire which is a long way from…
-
Issue with flat with new lease
Hello having a bit of trouble and hope that someone could help. My wife and I were about to purchase our first flat but the lender refused to go ahead due to the doubling ground rent clause so we couldn't go ahead. A month or two later the estate agent asked if we would be interested in purchasing if the seller entered…
-
Advice on opening offer
Hi all, We are first time buyers, currently renting and just looking casually. We saw a flat yesterday we liked. We've seen about 10 properties over the last 6 months and this is the first we've liked enough to make an offer. We've only viewed once but would struggle to view again quickly but did take a more experienced…
-
Buying with a lifetime ISA
Hi Quick question really Both myself and partner have a LISA, we went to view a house yesterday and fell in love with it, I got the impression from the estate agent that the seller was looking for a quick sale, there are 4 other bids in place all with chains, we as FTB don't. The thing that is bothering me is we only…
-
Landlord wanting additional rent when I leave...
Hi all, Looking for some advice please... I am buying a property. I rent currently, and moved into my rented property on 15th of the month a few years back. I intend to leave the 15th and have confirmed this with the landlord - hoping the house sale completes the a few days before this. The landlord has said his mortgage…
-
Order for sale - minimum sale price?
A friend of mine is trying to buy her first flat and has found a property she likes but the asking price seems high for what it is. There's not been many properties the right size going in the area so she's interested but offered lower than the asking price. Here's where it gets complicated: The vendor is in prison for…
-
Buyer requested survey - worry overload!
We're currently in the process of selling. Although we've completely renovated our property, the buyer has requested a Survey. I am guessing it's a Homebuyer's Report as he said he'll only be around 90 minutes, whereas a full structural survey would take hours. While I know the house has been all redone (got all paperwork…
-
Protected tenancy in PART of house
Has anyone come across a house with one section of it covered by a protected tenancy? It is a 2 bed house with an attached one bed house with a protected tenancy on it. SO you would buy the freehold to both, but only live in one bit. What are the chances of a small mortgage on the house? It would be LTV of 20%. Eventually…
-
TR1 transfer for tenants in common
Hi. Would be grateful if anyone could advise. I own 50% of a house as a tenant in common. The other owner is selling his half. Should I also be signing the TR1 for this transaction to indicate that I am in agreement with this as my co-owner doesn't seem to think this is necessary and is proposing to submit it without this.…
-
DIY Searches when buying a house
Hi, I have had an offer accepted on a 2 year old house on a large development by a well-known developer. The owner has a valid reason for selling and I am in a hurry to meet the completion date of the person buying my own house, but it looks as if the only way to meet the date is to by-pass waiting for my solicitor do the…
-
Shared Ownership - questions
Hi all, Got a few questions about shared ownership that I would really appreciate some help with. Current situation: Living in a leasehold maisonette which is now on the market. We own this outright as was purchased with cash from inheritance and savings. The property is in my partners name, thus technically making myself…
-
Getting valuation as a tenant
Hi, I'm currently renting, but want to buy. I like where live and have approached the landlord directly about buying it. Landlord has indicated they're happy to discuss, but our opinions on what its worth are a fair way apart. The online tools vary wildly, too much to base any consensus on. There have only been 3 sales in…
-
House Valuation Confused
Hi all, We recently had our DIP agreed from Nationwide with 90%LTV. Saw a property and were about to put an offer. The askingprice is about 150k, but the online tool from L&C quoted the house is valued at 127k with lower limit of £112k and upper limit of 141k, similarly Zoopla estimates the property at 142k with lower of…
-
List of those I need to change my address with now I’m moving...
Does anyone have a list they’ve used of who they needed to call once they moved? Banks, schools, work etc...
