-
Experian tenant check not including financial information?
Hi, I'm about to rent a flat and Experian sent me a form with questions to answer as part of the tenant referencing process. What surprises me is that they only asked me information about my previous addressed and court convictions. They didn't ask me about my income, occupation etc. Is this normal? This surprises me a lot…
-
Private track indemnity insurance
Hi, I posted previously about a property I am prospectively buying in relation to public rights of way that were over it. Having decided I can live with this aspect I am now faced with another decision... The property is accessed off a "shared" track. There are six properties off of the track - four up to and including the…
-
Estate agent asking to see proof of deposit/AIP/bank statements/payslips
Hi all, Thank you for stopping by! I made an offer on a property and the EA said that in order to proceed with the next stage of the offer (ie. tell the vendor) he would have needed quite a big list of documents. Apart from the usual ID/proof of address/etc, he asked for 4 months worth of payslips, bank statements (last 4…
-
Am I still liable as a Guarantor?
Hi I was a guarantor for a person who rented a house and then fell behind with payments and I kept getting letters as you do. This person has now signed a new contract with the landlord /letting agent stating that they must pay 6 months in advance, Does this mean that I am no longer a guarantor as there has been a change…
-
Stamp duty when replacing main residence
Hi! I was hoping for some advice... We finally exchanged on our sale and purchase yesterday - hoorah! it's been a long and stressful journey to say the least. We've now received our solicitor's cash statements for the completion but it doesn't include stamp duty on our purchase. I queried this with the solicitor and she…
-
Can I get a property divided into 2 separate dwellings, whilst I still have outstandng mortgage debt
Can I get a property divided into 2 separate dwellings, whilst I still have outstanding mortgage debt? So this is the scenario: I have a large 4 bedroom house that I need to sell. The house is still mortgaged and I have about 50% equity left in it against its current market value. My current tenant has been running a…
-
Ground rent doubling every 15 years - Need advice
Hi guys, New to the forum but regular forum viewer. I am a FTB and found my dream home! I have got my AIP and had an offer accepted on the flat, however upon agreeing on the price the EA broke the news to me that the ground rent doubles every 15 years. The building is 13 years old so is due to double in 2 years. The EA has…
-
Is it easy to sell a property by rail line
Hello all, Is it hard to sell a property by rail line? or there won't be an issue selling it? Please advise. Thanks
-
Witness for Mortgage Deed
My solicitors have said I need a witness who should be an 'independent solicitor, legal advisor or HSBC official' to sign the deed. I rang First Direct and asked them about going into HSBC and their advice was 'you can try' but they're not sure. They think ordinarily I would go to my solicitors in person and do it...but…
-
Gifted deposit question about non-relative
I have been given £15k to use as a deposit to buy a house. Trouble is, it's not from a blood relative. I think I can wait a certain period until a mortgage lender considers the money is officially 'mine' and won't ask questions about the donor having a claim on the property. Any idea how long? It will pass scrutiny of AML…
-
Mortgage, help-to-buy, and letting...
Hi - apologies if this is the wrong forum for this, but I'm hoping someone can advise... My husband owns a house which he bought with Help-to-buy 2 years ago. He's not quite at the point of being able to buy himself out of it, and is now reaching the end of his initial 2 year mortgage deal. I also own a house (we each…
-
Help to Buy and Disabled Family Members - Any help Clarifying Gratefully Received!
Good Morning Everyone, This is my first post and after reading through as much information and previous forum posts as possible, I am still stumped! If you read this and know of a similar question, please link me straight across - I appreciate everyone is busy. I am saving as a first time buyer but I am very concerned…
-
Sue neighbours or landlord for devaluing property?
Hello I think I've posted in relation to this before but need some quick advice from you knowledgeable experts! Been trying to sell my flat for well over a year. It's in a great location, priced sensibility and in good condition - in short, not much wrong with it. Other properties, flats, in my road and the surrounding…
-
Broker - is this quote fair?
For seeking AIP, arrange a property survey/valuation, organising and submitting all paperwork to the lender for a formal offer, liaising with solicitor to facilitate the purchase and arranging home insurance on exchange of contracts.
-
Just a general moan about housing and a missed opportunity
Sorry, there is nothing useful in this thread. Just using this as the proverbial "write a spiteful letter and throw it in the fire". I moved to the UK in 2010, with a mindset of buying an apartment or even a starter home. It's 2018 now, and I'm no closer. In the interim, my salary has doubled, my now-wife's salary has…
-
Legal and General Surveyors
Hi All, We are in the process of buying a house. Have a mortgage appt. in couple of days and broker told us that the lender offers free valuation and are able to upgrade to homebuyers report for additional £295. The lender use Legal and General Surveyors. Does anyone have any experience with them? Wouldn't it be better to…
-
Selling Price
Hello, Can a homeowner sell a home well below market value? If the mortgage is paid off? Is there a minimum? Thanks.
-
Landlords Not Accepting Housing Benefit Tenants
A family member receives HB but is having difficulty finding a rental property for this reason. She's in a property at the moment for which the landlord does accept HB but she HAS to move (safety concerns sadly). Another relative and I are in positions to supplement her HB to provide a decent rent, and would also act as…
-
First time buyer asbestos
Hi Everyone, I am a first time buyer, who has made an offer on a 2-bed flat in Oxford, its a 1968 construction and has been somehwhat renovated. When the solicitors started their searches (and I am not sure how this happens) an Asbestos Survey Report showed up for the common areas of these flats. This showed a lowest riks…
-
Apartment advertised as unfurnished has furniture I don’t want
The ad clearly stated unfurnished, but the apartment has a horrible leather sofa I don’t want. I haven’t signed anything yet but when I asked if it could be removed the agent said I would have to pay for storage. They’ve processed my references and said I should be eligible to sign over next week. But I was only interested…
