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Virgin Money Mortgages
Looking for reassurance / clarification on any experiences with Virgin Mortgages, We are first time buyers… Provided with DIP with Halifax via broker 29th March Offer accepted on house 3rd May. Broker finds better deal with Virgin 16th May and granted a DIP based on affordability. Full application submitted to Virgin 18th…
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House with annex and splitting deeds
Hello, I have an offer accepted on a property, the current owner has got a building out the back that he has separate access to via the rear of the property and it is self contained in the sense that it also has a kitchen, bathroom and one bedroom. The electric consumer unit for what the current owner describes as ‘the…
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What to offer when a solicitor is executing the sale in lieu of next of kin?
Hi, We have seen a property that we like in a very fast moving market -we were fortunate enough to be among the first viewers yesterday. We are first time buyers (no chain) with plenty of funds to proceed with the sale, however the property will require some substantial work. The predicament I'm pondering is this: the…
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Unlicensed HMO and Difficult Landlord.
Hello, apologies about the length of the post. I moved into a 3 story house with 3 other students, it did not say on the rent page that the house was HMO registered so before renting we emailed the estate agent if it was OK that 4 people move in, we were reassured that we could move in. After moving in we had problems with…
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Struggling to sell flat-no offers
Hi guys My wife and I are struggling to sell our flat, it's been on the market for nearly 3 months and we've had a fair amount of viewings (nearly 20) but no offers. I think the price is reasonable, and all the agents who gave valuations were around about the same price bracket. I thinking of switching estate agents to one…
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Mortgage on house with no party walls in loft
Hi all, My house is a Victorian terrace and I suspect it has no party walls in the loft. The loft hatch has been sealed up for years and me and the 2 owners before me haven't been up there! I'm selling up and my buyer is not happy about the potential lack of party walls. Will he still be able to get a mortgage on the…
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Help Charging Order Advice
My partners uncle gave him 100,000 to buy a house outright a few years ago. He paid him a monthly rent to pay off the debt. The uncle put a charging order on the property to secure his money. To cut a long story short, he fell out with his uncle and his uncle took him to court on just one occasion and the house was…
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Cost in Addition to Deposit: Solicitors etc.
Hi all I've been looking at a mortgage advice website and they list the following potential costs to buying a property in addition to the deposit: Valuation fee: £150 - £1500 Agent survey: £0 - £600 Solicitor fees: £850 - £1500 Solicitor searches: £250 - £300 Electric transfer fees £40 - £50 Mortgage booking fee: £99 -…
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Structural Survey (Flat Roof)
Hi all I've had an offer accepted today on a property. I am wondering what survey to get done? Basic, Homebuyers, Full Structural. I've viewed the property and I can't see a problem. I am a little apprehensive as the kitchen has been extended and has a flat roof which is felted. Would you recommend a very in-depth survey?…
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Buying etiquette
Hi As a first time buyer I just wanted to check s couple of things, we went to view a house on Saturday morning, we liked it so put in an offer, the house is from a deceased estate so is being handled by solicitors. We were told they had an offer already so will put ours forward with the other and any forthcoming offers…
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Deposit query and exchange
I've never bought and sold together at the same time before and just wondered if anyone could advise on the following. I am close to exchange, just waiting on the local council search coming back. My house is being purchased at £87k and I am buying at £134k. Am I right in thinking that my buyers 10% deposit of £8700 will…
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Living with landlord
Hi everyone, I'm moving to a new job and a new city in a few weeks, leaving my parent's house for a rented room, just me and the landlord in his home. I'm going round for a look and a chat tomorrow evening after work; I've taken a look at the 50 Tips For Renters on MSE but a lot of it is geared towards people renting a…
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Exhanging contracts.
Afternoon peeps Can some one kindly explain to me if this right please. Mum is in a chain of 3. The signing of contracts is today. Her buyers lawyer had a few last questions for my mum, regarding a few issues on her house. She explained there was a manhole in her kitchen built over by the kitchen extension before she…
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Anwyl Homes
Hi all, I've been checking out the north wales based developer Anwyl Homes over this last year. We don't live in wales currently but are very interested in relocating in years to come. Although I've always worked on our houses, arthritis is changing my enthusiasm to the degree that the benefits of a new build are now very…
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Conveyancer fees - is this correct?
FTB's who are pretty clueless regarding standard charges, does this look correct? --- Payments due to the Government and third parties: Land Tax £ 700.00 H.M. Land Registry fees * If the Land Registry fee shown here is double that detailed on your quotation, it is because the Land Registry’s electronic documentation…
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Agent charging check in and out fees
Hi there, I'm in the final stages of renting a new property and am reviewing the tenancy agreement. I've noticed that the agent has included charges for both checking in and out, but the cost is "shared" between myself and the landlord. The exact writing is below. "The Landlord and Tenant will be jointly responsible for…
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First time buyer Questions
Hello I have two questions, I have inherited 5% of a house (I am on the deeds/land registry) 1. I presume anything I saved in my Help to buy ISA I can no longer get the bonus on? 2. I am looking at buying the other 95% of that property am I classed as a first time buyer in terms of not having to pay stamp duty?
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Would you ever opt for a Level 1 Condition Report survey?
We're buying a property where we've agreed not to renegotiate the price as a result of niggles in the Survey - it's an amicable arrangement as we didn't offer full asking price and they're leaving a considerable amount of expensive fixtures and fittings. As a result, I'm not sure if the Level 2 Homebuyers Survey will…
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Question on Restrictive Covenants
Hey! Looking for some advice on how to proceed with an objection to proposed home improvements! I am buying a property in a mid 90's development which has had permitted development removed as well an existing covenant that states a garage can only be used for the purpose for which it has been constructed. No one uses the…
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Can my ex-partner live in the house we jointly own without contributing to the bills?
Hello all, I wondered if you could help me? I'm currently going through a situation with an ex-partner and have a few questions. As some context, we have split up in the past few months due to an incident of abuse from him, but we own a house together. We had just completed on our 2nd house when the situation happened and…
