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How long to go?
Am selling a leasehold flat to a cash buyer The solicitors received the leasehold info pack this week. How long will it take now to get to Completion?
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Hypothetical Question - Completion
I have a hypothetical question about the conveyancing process, all parties in a 6 person have exchanged. I am person number 3 in the chain. Exchange has taken place and all parties are due to complete next Friday. All parties need to move on that day into the new homes. The solicitor at the top of the chain is unable to…
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Second Home SDLT
My girlfriend and I are looking to buy a house together. I do not have a house (well it is being sold). She does have a house. We wish to buy another house to live together in. She would like to rent our her own home. I believe this makes us second home buyers and thus we will be charged the second home SDLT! I have been…
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To sell a house with "posible subsidence"
My grandmother (82) wants to sell her property, a terraced house divided into two apartments. The property is in the NW6 area. Several estate agencies came over to evaluate and told us that the “asking price” could be around 1.450 k. After the evaluation, we ran a Building Survey, as we know the house is in bad shape, and…
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What should I expect from my estate agent? Advice needed.
Evening all. I need some advice. I am selling my property we accepted an offer on my property 3 1/2 weeks ago. In this time we have sorted out our survey, mortgage, organised searches for the property we buying. However my estate agent said 2 weeks ago our buyer had completed his mortgage paperwork. Yet two weeks later…
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Potential buyer - questions
In our never-ending saga of house selling, we have had an offer today from someone. This offer is a little lower than our minimum, however, they're apparently in a strong position as they have nothing to sell (they're letting their property out to buy another larger property). While I'm tempted to accept, I was a little…
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Exchange Failure - Lazy solicitor!!!!
So this is a bit of a rant, but we were meant to exchange today, keeping touch with my solicitor from early in the morning, all appeared on course and the chain was communicating with each other. Then at 4.30 today I get a call from my sols saying we can't exchange today as there is not time as the solicitor at the top of…
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Shared ownership minimum share!?
Hello all I am after a little help to find out if what I was told today by a independent financial adviser is true!? Here's the case: Myself and my partner qualify for shared ownership on a new build. 8K deposit We wanted 30% of 295.000 at 88k £350 Mort £420 Rent approx We were told today that because we can afford it we…
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Buying a House where probate hasn't been granted
Evening all, First Time Buyer WAY out of his depth here Me and my partner had an offer accepted on a house in March, everything has gone relatively smoothly (bar the seller unwilling to negotiate, but thats another story), searches have been returned, no issues, survey done, draft contracts received by our solicitors but…
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Buyer renegotiate after survey Help!
Hi, So we are 2 weeks away from completion and our buyers has come back today and said they want work doing as a result of a survey. There are no level 3 issues from the report, just some level 2s. The house was valued at the price they are paying. Is it normal to renegotiate on level 2 issues from a report? I have no idea…
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Deposit crisis - help!
Hi everyone This is my first post here. Three months ago I moved into shared accommodation, through a letting agency. I had my deposit ready, but the agency were engaged in a dispute with the former tenant over the return of her deposit. I repeatedly (and I mean repeatedly!) tried contacting them about my deposit, however…
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Exchange time from Mortgage offer being received
Hey all, I realise this is a how long is a piece of string question but wondering what experiences others have had. So we are FTB, the house we are buying they are going into rented (divorce). We’ve had the survey and nationwide are happy with it. They are looking to get mortgage offer out next week. We have a no sale no…
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Deposit Protection Scheme are refusing to follow landlord's instructions
I left my rented property a month ago. My managing agent (on behalf of my landlord, let's use "landlord" for simplicity here) has agreed I am entitled to my full deposit back and has contacted the Deposit Protection Scheme ("DPS") to release it. The DPS are refusing to believe that he is the named person on the account,…
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Inaccurate sales description
Hello - we're first time buyers and went for a second viewing on a property we are interested in yesterday. While looking around we noticed a couple of things that have been described incorrectly in the sales literature. We didn't really pay attention to the details during our first viewing as we were more concerned with…
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New Build Lies and Delays
Hello, Apologies in advance as there is a lot of text. My partner and I reserved a property in October with an estimated completion date of April 2018. We never believed this would in fact be the case and were expecting a delay. Ignoring all common sense, after being told by the sales advisor (which I now know breaks some…
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Do I classify as a first-time buyer
Hello everyone, I'm in the process of opening a lifetime ISA, and suddenly I realised that I might not actually classify as a first-time buyer. I went through lots of posts here and on other websites, but still couldn't find enough clarification for my case. I have been living and working in the UK for 6 years now. I have…
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Heart vs Head!
Hello all lovely MSE'ers - appealing to the Hive Mind here. My head is telling me to Run, while my heart says Go for it. A few months ago we were in negotiations to buy a house - offer accepted, got almost the full way there, at quite a bit of expense for us, the sellers were very awkward throughout, and eventually told us…
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Help I'm Confused
So 8 years ago I purchased a house via buy to let mortgage and has since been let by a agency. I pay my taxes every year on the property income etc. I am thinking of making some lump sum payments to the mortgage to reduce the interest ie looking to pay approx £25k. However will this have any tax implications as I am also…
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Querying estate agents fees
In a nutshell: I put my house on the market, the agent found a buyer and I accepted his offer but very soon I pulled out. A month later the buyer tracked me down on FB and persuaded me to accept his offer. We have just exchanged and the agent (who we both agreed not to inform as they were pretty hopeless and we were doing…
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Lettings Agent Charging £60 Late Fee
New here so please be gentle. Don't need any "pay on time" or "landlords have bills to pay too..." comments please. Also sorry if this isn't the correct section for the question. I'm late with the rent this month and was stung with a £60 fee on top of the orignal £395 rent. Is that normal/acceptable? I understand some…
