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Own a property but want to buy another with partner
Hi I was wondering if someone could offer some advice as to whether or not this would be possible: I currently own an apartment on the help to buy scheme. I am hoping to purchase a new property with my partner but keep my current home to rent it out. I know i would need to turn my current mortgage into a but-to-let; which…
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Buying A House With A Unregistered Leasehold
Guy opposite me lived in a property. He recently passed away and we were good friends, he told me he had no family therefore no next of kin. I was interested in purchasing the house. I then found the freehold owners which were Chime Properties Ltd and i spoke to their agents CSJ Residential, they asked for a 5 figure sum…
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FTB: leasehold flat - what to avoid when looking
Hello I've been lookingn for a leasehold flat for just over a year. I have had two fall through, with another about to do so I think. * First flat was no good as non-standard construction so unmortgageable (silly me) * Second flat - I think the sellers ultimately wanted a cash buyer to get around the fact that the 2005…
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House buying advice
Hi, I’m after some advice if possible. My grandfather recently passed away and left his house to my father and his 4 siblings who are all in their late 60s now. The 3 bed semi house is worth around £250k in its current condition. It’s old, tatty and needs a full refurbishment. Would there be any legal complications in them…
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April? It Feels Like December?
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Shared Ownership: Proximity to Council Properties
Hi there, Trying to buy a Shared Ownership property on a new build local housing development. Can just about afford to buy this and been looking for so long. I would be number 72 on the below plan. Blue spots denote Shared Ownershp Red spots denote Council allocated properties through HA Green spots denote 100% private…
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Gifted money vs Inheritence Tax
All, I would appreciate some advice/clarification. I'm considering paying off a parents equity release, as the total sum is accruing quickly as at a high fixed interest rate. Can this gift be considered against any potential future inheritance tax, and if so what do I need to do to ensure any necessary evidence/records are…
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Vendor selling via "Assisted Move"
Hi I've made an offer on a house. The vendor is moving to a new build retirement flat and is using the services of an "assisted move" company to help with the sale. I know that the flat she is moving to is not built yet as I drive past them now and again. Plus their website is still accepting reservations off plan. I've…
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Roof Light Replacement complication.
I have just purchased leasehold flat that has two very old cracked glass and leaking roof lights in a flat roof. I am told that these are my responsibility. (As apparently the windows are generally). I am thinking of getting them replaced but it seems to be a nightmare because the flat roof is the Landlord's responsibility…
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Attic conversation selling no paperwork help please
Hi, I have a bungalow which a bought with an attic bedroom in 1995. I now have it up for sale as having an en suite bedroom on the first floor. I have suddenly got worried because I do not have any paperwork for the conversation. Could this be a problem with the sale? What are my options to resolve the problem if it could…
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Estate agent lied over BTL rental
Any advice please? We were buying a flat as an investment and the agent who showed us the property quoted the rental as between 675-725 pcm. We did our research but it was a hard property to compare with few comparables on the market at the time. As the agent also did lettings we assumed the quote had come from them and…
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Outrageous charges when buying a Leasehold flat - anyone else?
Hi everyone! I am the first time buyer. The flat I found was built in 2014 and the current owner is in fact the first owner of this property so she did not have to pay anything that comes up for me to pay at the moment. I heard about the most common fees that need to be paid upon completion to the Landlord/Management…
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Too cheeky?
We're waiting for our vendors to find a property to move to. They have a v small search area (as we did so can't blame them) so are expecting an annoyingly long wait. I've just seen a lovely hosue come up in the area which I believe may be of interest to them (right location, they were looking to downsize, still has a…
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Connells have charged £180 ??
Hi hoping someone can offer some advice? Connells have taken £180 from my mum once she signed contract For them to market the property. Can anyone tell me exactly what this £180 is for and whether or not it is refundable if mum cancels? Thank you
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Buying a second property using equity from my first propert
Hi I recently found out that there might be a way to get a second property using equity from my existing property. First I was planning to sell and buy a better place but now I am thinking to get a second property and keep my place as a rental income. Mortgage is paid off and want to know how and where I should start. I am…
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Large sewerage charges
I wonder if anyone can help. I'm pretty good at sorting things out, but this one's got me stumped. (Sorry it's a little involved!) We bought a house in a village in mid Dorset last year and we knew it was not on mains sewers. A water meter has been fitted. It is an ex-council place built in 1930 and sold off in 1991. After…
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Shared Ownership Properties
Hi I'm due a lump sum from my ex-husband following our divorce. The only way I can afford to use this money to buy a property for myself and my son is to look at shared ownership properties. I've never bought a property like this before and was wondering if you have to pay the price for the share being sold or whether you…
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help help all surveyors please
Hi All.got question regarding 3meter party wall notice.i would like to build a side extension next to power substansion.i will be digging fundation near by 2 meters from it .now question to surveyors did i need to serve notice to sse?power substansion does qualified as structure?i am getting confused now as one said no and…
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Cold Feet
We have been in the process of buying a house since January - it progressed reasonably quickly and now we are stuck and now I have chance to think I am beginning to get cold feet. We loved the house when we first saw it - in the snow - it has space and light, it has some character features and a large garden. It has a…
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Assured Shorthold tenancy - can the landlord/agent take my deposit?
I am in a 12 month Assured Shorthold tenancy agreement, with no break clause - ending 29th December 2018. If I were to end the tenancy early (and accepting that I would need to pay the landlords reletting fees and any rent until someone else moves in) - would the landlord/agent have a right to withhold any of my deposit,…
