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Negotiate on New Build
Im new to the world of buying a house, and myself and my wife are looking to buy a new build. Example we are looking at a £238,998 house. 4 bed, detached with built in garage (pretty sure its freehold but this is just an example of what we saw - we wouldnt buy leasehold) What experiences have people gotten with negotiating…
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Estate Agents Behavior
Hi all I suppose the point of this thread is two parts. Am i being unreasonable in what i have expected from my Estate Agents, and should i proceed to contacting the Landlord/further action. We have rented a property from a local estate agent, managing the property on the Landlords behalf for a little over 12 months now.…
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Remortgage valuation eyewateringly low!!
Hi Looking for some advice based on experience. Just looking to remortgage my house, was going to sell it but as the market is sluggish and rather unpredictable have decided not to. I know Estate Agents over value to get business but I was quoted an average of £725K (700-750 from 5 EAs)- more realistically I would think it…
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FTB- are these covenants "normal"?
So we're ftb and received all the paperwork yesterday, we've been left rather shocked at the list of restrictive covenants :eek: We can't park anything over 1.5tons out the front or a caravan (had planned in the future to buy one) We can't add parking space to our driveway (we're planning on widening it to fit two cars…
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Multiple LISAS 1 House.
Hi folks, My girlfriend and I are looking to buy our first house together using our savings and also our LISAS. We know we can use them together however we're looking to buy a property April 2019. The issue is that she's just created her LISA meaning it won't have been open for 12 months before buying the property. As I'm…
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Help understanding Tenancy Break Clause
So my contract has this clause: I want to leave the property, but I want to double check if I get it right. I moved in on 24th November 2017. Six months of the tenancy will end in May 2018 (24th). So as long as I hand in the notice before May 24th, saying that I will leave the property before July 24th, 2018 - I should be…
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Survey report
A relative is buying a house and I said I'd post up the issues that have come up to get a second opinion. It was built in 1840. • Lateral movement in the past related to the presence of tie bars running the full width of both front and rear elevations, passing through not only the rear roof void to the kitchen, but also…
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Why aren't properties advertised with all the key facts?
After coming off of a sale falling through, I'm tentatively dipping my toe in the market again. This time I'm much more wary when looking at properties online and its really annoying me that a lot of properties are marketed without the relevant facts displayed. I think it should be mandatory for marketed properties to…
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Multiple dwelling relief - stamp duty land tax
I am looking to purchase an investment/development a few doors down from where I live. Our offer has been accepted on a 9 bed HMO with 3 bungalows that has planning for 7 flats and 4 houses. We thought the purchase would be classed as Commercial at 5% SDLT, however, we are now led to believe it is classed as residential…
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Moved House - Halifax taken money for old AND new mortgage in the same month?!
Hi We moved house on 27th April and have stayed with Halifax, our mortgage has increased from £355 per month to £760. On the 1st May Halifax took £355 from my bank even though I didn't live in the old house anymore and today they have taken £817?! I only expected to pay one amount of £817 this month (£760 + extra for the…
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Additional Stamp Duty Question
Hello, I have a stamp duty question, really hope you can help or give me some advice… My boyfriend owns his flat for a couple of years. And back on Dec 17, I bought my first flat as a “buy-to-let” property as I was living with him. Last month, we decided that it is about time to get a bigger property as our family house…
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Buying an investment property
I have a business which has some properties in its portfolio as well as other investments. My mum is getting unwell and cannot get up the stairs in her current house and is restricted to buy another property by the value of her house. Legally, am I able to buy a house with my investment company and let her live in it rent…
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New Build delay - walk away advice please!
Hi, we agreed to buy a new build with Harron Homes in May 2017 with an estimated completion date on November 2017. They took our house in part exchange and we exchanged contracts in July 2017. Since then the build has been delayed - first to March 2018 (which we agreed to), then June 2018 (which we complained about but…
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Advice please: Can we view other properties, if our ongoing purchase looks likely to fall through?
Hello, First time posting, but I'm looking for some advice. My wife and I have purchased a domestic property, subject to structural survey. We are first time buyers. Our full survey showed that work was needed, rather urgently, to the tune of at least £15,000. We were advised, therefore, to reduce our offer to reflect…
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Pre-emption (first refusal) clause removal
Hello, I’m sorry if I’ve posted this in the wrong place, I’m new to all this. We saw a property in January that we loved and put in an offer around the 27th. Fast forward to now and we are no closer to closing the deal. Turns out the property used to be shared ownership (now 100% staircases) and there is a first right of…
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Stamp duty on Inherited property
Hi My wife and her sister inherited a property worth 560k. We want to sell our house and buy her sister out of her half and move into the house as our main residence. Will we pay full stamp duty on the 560k or do we only pay 50% as my wife inherited half the property? Thanks
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Flat upstairs has laminate floor - against lease and noisy - what action to take?
Hi all, My wife and I bought our flat last year and, although we like it, the noise from the flat upstairs is starting to stress me out. They were fairly noisy when we first moved in so I spoke to them and they turned down their TV/music at night but we can still hear noise, although these days it is much more everyday…
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Ground rent - County Court Judgement
I hope this thread is ok in this forum. I was unable to find anywhere else that seemed suitable. Earlier this year I was a little late in paying my ground rent for the year. I eventually paid it when I received the "final demand", just before going on holiday. Upon my return I received a letter for another company called…
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Unforgiving vendors?
Week 5 into our chain's sale and our buyer's purchasers (the first people in the chain) have pulled out...devastated to say the least. We immediately contacted the Agents for the house we're buying stating that our buyer is still keen and that they're hopeful of a quick sale. 1 hour later, they state their house has been…
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What’s the lowest offer you’ve made that’s been accepted?
Hi Just wondered what low offers people have made that have been accepted. Saw a house today that’s a probate sale been on since Aug 17. Had one offer that didn’t proceed. Needs lots of work inside and an extension and loft conversion to make it a decent size. Nice big front for parking but not a very big rear garden (wide…
