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Lack of Building Reg Sign Off
I'm in the process of buying a flat marketed as a 3-bed which was converted from a semi detached property sometime in the 1990s (since 1993 when the time planning permission was granted). One of the rooms which has been counted as a bedroom is a loft conversion. The vendor hasn't been able to show me the work was signed…
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Government help to buy scheme
Hi everyone, From my understanding, if you have never owned a property before, and you are purchasing a new home, you can use the government help to buy scheme. As long as you have a 5% deposit for the property saved up, the government will lend you a further 20% making it 25%. I have three questions - what is the highest…
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Capital gains tax for joint owned property
Not sure this is the right place for this query - here goes anyway... 5 years ago my sister and I inherited our mums house. We have now decided to sell up and share 50/50. However, my sister lives abroad so my question is will be have to pay any capital gains tax on the potential increase in the value of the property. Can…
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What would you do in this scenario?
Our friends are moving from a rented property into another rental tomorrow. They have paid the bond and the first months rent is due to be paid tomorrow. When they first looked at the property they noticed a lot of rubbish left behind by the previous tenant who moved out last December. The agent assured them that it would…
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SDLT rule for married couple but sole ownership
Hi all, We are a married couple and looking to actually buy our first home. I am a first time buyer, never owned a property anywhere in the world, however my wife last year inherited a tiny flat out of the UK in a European country which was worth under £30k and she has now sold that flat to put the money towards our…
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Brickwork on Conservatory
A builder just recently built me a conservatory, and I've noticed this at the very bottom of the brick work, will this cause me an issue or ok to ignore? https://ibb.co/k8exDn https://ibb.co/hvWAYn
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Buyer asking for money 3 months after purchase
Hi all, We moved 3 months ago, we replaced the boiler in our old house in 2016 and it was in perfect working order on completion. The boiler is a Worcester Bosch and the product had been correctly registered so it has a 6 year guarantee attached, all the paperwork for which was forwarded to the new owner. We've come home…
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confused about insurance for btl flat
I am about to let my leasehold flat. I pay a service charge which includes building insurance, presumably this covers the basic building. My tenant will get her own contents insurance. Which type of insurance will fill in the gap in the middle? To cover the kitchen, flooring, bathroom, internal doors,curtains, windows that…
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Moving 130m down the road!
Hi all, at the end of the month we're moving to a new house that is within a 2 min walk of our old one. I did directions on Google Maps and it is 130m away. Does anyone know if it's possible to hire removal men to just carry the furniture between the properties? We don't have any wardrobes to move, biggest items are our…
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Share Ownership Stamp Duty
Hi All, I have a similar query from a post that I saw at the begging of the week regarding stamp duty on a share equity property. I completed in October 2017 however I since believe that I have been overcharged on my stamp duty after reading the government website and relevant posts on this forum. I originally purchased in…
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Share Ownership Stamp Duty
Hi All, I have a similar query from a post that I saw at the begging of the week regarding stamp duty on a share equity property. I completed in October 2017 however I since believe that I have been overcharged on my stamp duty after reading the government website and relevant posts on this forum. I originally purchased in…
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dodgy Estate Agent
A local Estate Agent I've just discovered is advertising a new development in my area and I enquired further details about one of the flats being built. I had heard rumours of issues with the site and the next door property about possible slope instability. The Estate Agent responded and said there was no issues with the…
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Tenant Insurance stuff
Hi all, Random question about tenants insurance, no major issue, just curiosity...... We have started the process to rent a house via a letting agent... (I've rented a few times in past 20 years via letting agents).. The letting agent is asking for Rent + deposit 2 days before we sign the paperwork (they like BACS, and not…
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Obtaining property - what's the best options for me?
Hi all I’m after some advice regarding a property and what would make the best financial sense for my situation please. I’m obtaining a property in the UK from my brother (he lives in Hong Kong) that he is gifting it to me. The property is owned outright so does not have a mortgage. It is currently being let out and I hope…
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Help! Issues with a deposit!
I don't know where I stand with this to be honest. I've been a bit silly and I am looking for some advice. I privately let my flat last year and my tenant gave 2 months notice to say they were leaving. I allowed the tenant to leave a month early and thought that would be the end of it, but they messed me about a bit on…
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Could I pursue this myself via small claims? ( long read.. sorry)
Good Morning I currently have/had a drainage disrepair issue against my landlord that is being handled by a solicitor. Following a pre-action sent by said solicitor , The LL surveyor inspected my property and he said all pipe work should be renewed, and reworked as my sink had been progressively been blocking over the…
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BTL HMO enquiry
Just want some opinions of what you think. I believe this to be a good investment as long as there is tenants for most of the year. I am looking at a BTL HMO property. Property price £225,000 6 bed terraced house 2 bathrooms and 1 bedroom with shower It currently returns £32,400. Tennant already in place. I would be paying…
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Bad Homebuyers Report. Help
I am a first-time buyer and I have just received a survey report with some bad news and so many pre-exchange conditions. The accepted offer on the property is £309,000. I am looking for some advice on whether to pull out or negotiate. What will you do if you're in my shoes -without the emotions? Summary of the report:…
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Tenancy renewal advice needed
Hello, I really hope someone can help me with my rental situation. I am a tenant through an estate agents. It's a joint tenancy with my mum and we both recieve housing benefit. I passed both parts of the reference but my mum failed the credit check. Therefore we had to pay the full Tenancy term up front which was 6 months.…
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Home Buyer’s report valuation over 8% lower than the offer
Hi everyone, We’re planning on buying our first house and have just had the Home Buyer’s survey, which has highlighted some level 2 & level 3 issues (tried attaching screenshots of the report but it wouldn’t let me) and has valued the house at 18k less than we offered - the house was on the market for £215000, we offered…
