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Attic Conversion on Extended Property
:jCan someone please advise? My elderly uncle lives in a rural semi-detached house in a small village. Last year, his very nice neighbours next door (the adjoining semi) informed him that they intended converting their attic for one of their children who was returning home to live after a failed marriage. :( The house next…
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Buying and selling AND relocating - best to use the same or different conveyancers?
Hi all We are about to put our house on the market and will be relocating to the other side of the country; most likely Wales but possibly Dumfries and Galloway. This will be my first house sale, so that side of things is all new to me. Is it best to use the same conveyancer for the buying and selling? Or in my situation…
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Freeholder woes - advice please!
So I'll try and keep this as short as possible; Bought a leasehold flat back in October 2016, solicitor mentioned at the time about a clause in the lease which says the ground rent can double every 10 years. He just said, something to be aware of, but because the ground rent is £250 a year and due to double in 2021 we…
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Buyers having Electrical Report
We are about 6 weeks into our sale. It's a Victorian property. The full building survey came out pretty clean with only minor issues, and mortgage offer spot on. However, as the electrics were done in 2003 (previous owners) and not checked since, the buyers now want to get an electrical check done. We have been sent a copy…
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Deposit from equity
Hi I am after a little bit of clarification. Our house is currently on the market and we are planning to use the majority of the equity from the sale as the deposit on our next purchase (circa £20k). Can we do this or do we need to have the 10% deposit already sat in the bank? We already have £12k in savings with some of…
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Stamp Duty Surcharge
Hi, Hope someone can clarify something for me, If Bill owns 6 properties, 1 being his main residential property, which he replaces with a new residential property then he will avoid paying the 3% surcharge and pay only the basic rate? If Ben lives with his parents however had the sense to invest his money into a BTL…
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Buyinh home from parents
If I were to purchase a house from parents at half of the value and inherit he remaining , what is the best method to do this to avoid capital gains. House was originally a retirement house with intention to move. they have since changed mind and offered for me to live there . As a gesture I would like to at least cover…
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Extension wall issue
https://drive.google.com/file/d/1rk6iIDbXLACDnaONd8JMectZ4cn8nfbb/view hi, would really appreciate some advice on this. i know my situation ultimately requires legal advice, i just wanted to get some idea of what i'm getting into. see picture in link above. so i bought a bungalow 2 years ago (UK). There's a side extension…
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'best and final offer'
Hello, so we've seen a flat for the second time, and the first EA who showed us round mentioned that there were other offers but they had been rejected for being too low. We asked realistically what would they be likely to accept. She said a price that we thought was fair (and below what we were going to put in!) so we…
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Victorian Terrace Right of way
Hi, I am just looking for some advice. We live in a row of victorian terraced houses with a small alleyway at the back of us with the next street of houses gardens backing on to it. However, the alleyway has been left to severely overgrow and build up with lots and lots of rubbish and both accesses to the alleyway are…
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Guarantor for Brothers rental flat
Hi, My brother has asked me to be a guarantor for his new flat that he will be renting as he has bad credit. Obviously I want to help him out but I was just curious how it would affect my credit file? Ive just got myself in a much better position credit wise and got a mortgage 6 months ago. We will be remortgaging next…
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Freehold flat?
Due to circumstances I have to buy fast and I want a new build, and I’m a first time buyer. I am relocating to Glasgow (from England) and I am only interested in freehold property. Last night i finally found a flat that’s within my timefram when I asked they explained that it was freehold. However they want me to pay…
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Offer negotiation process
What is the typical process for negotiating offers when two buyers submit offers around the same time? I'm familiar with closed bids here in Scotland but is it acceptable to negotiate with two buyers at the same time, until one makes an offer you decide to settle on, at which point you inform the other buyer they are out…
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Energy performance Cert-listed building
I write as a landlord of an apmnt in a LISTED building. New legislation this month on EPC's. Fortunately -despite being an older stone property-i scrape in with a D grading. That given-am i correct that as the property is in a listed building ,i do not need to produce an EPC anyway ?/exemption
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Offer In Principle Query
Good Evening, Me and my partner have been to see a mortgage advisor. I have a satisfied ccj on my credit file, it was satisfied in 2014. They contacted the relevant banks and were told by nationwide they would be willing to offer a mortgage after 5 years had passed from the satisfaction date. Does this sound reasonable? We…
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New Build Delays
Hi Guy's, I am seeking some advice on my new build issue, I reserved a new build property late September with a completion date of 28 March it has now been extended first to end of April then end of May and now could be mid June. We have exchanged contracts and were first time buyers, I am aware we basically have our hands…
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Permitted Development uplift clause
Hi I have an uplift clause on my land which says whenever a planning permission is granted on the land 40% must be paid however we are looking to get permitted Development on our barn on the lane does this trigger the uplift clause?
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Is there usually a charge to carry out an 'assignment of tenancy'??
Further to my earlier post, I have read online that if one tenant wants to leave the tenancy agreement but others do, the existing tenancy agreement can be assigned or transferred from one tenant to another with the landlords approval. Does this usually incur a fee?
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Housemate wants to end periodic tenancy but others don't
So there are 3 of us in a fixed term tenancy, the end of the fixed term is beginning of June. One tenant (A) is buying a house and moving, the other two (B + C) want to stay on a periodic tenancy for a couple extra months as both in the process of applying for a job in a different country and looking for house to buy. It…
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New tenant help needed
I have just moved into a rented house with my mother who is a pensioner. I viewed the house once before moving in and windows were open an air freshness around etc. Never thought anything of it. Moved in and began noticing strong smell of cat urine. Have now discovered cat urine on all carpets. The one in my bedroom is…