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Waiting on Halifax for mortgage!
Hi. So I'm a first time buyer, gone through a mortgage broker. My full application went into Halifax a couple of weeks ago. Valuation survey done a week ago and I was told I would find out if I'm getting a mortgage offer by the end of the week. Since then I'm just getting asked to upload documents they already have but in…
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Moving from rented home after tenancy date
Hi. We have a 6 month tenancy agreement that runs from 1st March to 31st August. I text the landlord on 26th July to inform him that we would be vacating the property in mid September as we did not have an exact date of moving into our new home. He seemed fine with this. I heard nothing from him regarding this until I text…
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Full deposit when applying for a mortgage
Hi All, My partner and I are buying a new build, the expected completion has been given a 3 month window (March-May 2019) we’ve been notified our house will be released for sale in two weeks where we pay the other half of the reservation deposit £250. Once this is paid we are given 28days before we have to sign the…
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Conveyancers - waited a week so far for a quote
We pulled out of a purchase earlier this summer (essentially we weren't getting what we thought we were so pulled out, quite early on). The solicitors we used were the cheapest of all the quotes we got (and were recommended by a family member). They seemed competent and friendly but made a few minor errors e.g. said they'd…
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Insurance before/after exchange
Hi all. Just wondering you could help me. I'm due to exchange contracts tomorrow and complete Friday, During my mortgage application via a broker, they asked if I need home insurance and I did. So they did a quote and I said yeah that will be ok. Now I've done some quotes on comparethemarket and it's like 50% cheaper plus…
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Desperate to sell house but area very rough
looking for pearls of wisdom from anyone who might have any ideas..... I’m trying to sell my house in an area that has gradually been declining for a number of years. I thought I’d had a break through when I got an offer a couple of weeks ago, that I of course accepted - even though it was 7k below asking price. I’ve had…
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Boundary responsibilities - not known
Hi all, We just received the contract for the house we’re buying. The current owners have been there for 18 years but have stated in the questionnaire that they don’t know who is responsible for the right, left or rear boundary fences/hedging. Obviously from a practical perspective we would like to know this information,…
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Am I a first time buyer
I think i know the answer to this but am hoping for a different one I am currently buying my first home with my partner who is definitely a first time buyer. However some time around 2002 i co-signed a mortgage with my mum when she remortgaged our house, and the mortgage was payed off 2004 ish. I am not 100% sure what i…
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Tenant not giving enough notice
hi guys looking for some advice here again ;) I have a tenant who gave notice in writing on the 10th Aug to leave on the 31st. I wrote back saying technically it should be at least one month ending on a rental period which would be 20th Sept but that I would accept one month to 10th Sept and asking them to confirm that…
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Out of pocket by vendors solicitor.
We had an offer accepted on a property ages ago. We knew the owner was deceased and his wife now lives in Thailand. A previous sale had fallen through due to the length of time it took to communicate with the wife. The agents told us not to worry as soliciotrs were acting for the sale. Our solicitor instigated…
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House Ownership Advice
Hi, This is probably slightly unusual and as a result I’ve not come across anyone in a similar situation. My partner and I are looking to buy a house together. She’s in the enviable position of owning her own house without a mortgage. I’m in the slightly less enviable position of not being left with very much equity after…
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Restrictive Covenants
Hi All, Not strictly to do with money apart from the fact it may cost us more to get this sorted! I'm not sure where to put this, but know there are a lot of knowledgeable folk on here and would appreciate some guidance. We are in the process of purchasing a new property. We were told by the builder we may be able to…
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Joint Mortgage to get cash for new property
Hi there, I have a question in regards to ownership of the new home we purchased. So my partner owned a X house without mortgage and we mortgaged it on joint names to buy another house Y. However the second house Y is owned solely by him however we used the cash from the re mortgage, do I have any rights on the Y property?…
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Bank valuation and home buyers report
Hi All, We are in the process of buying house, FTB. The property was advertised for £180k. We put an offer of £175k and it was accepted the very next day. We were the first ones to view the property. Bank has valued the property for £175k but we went for individual home buyers report and they have undervalued it for £170k.…
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Landlord trying to force me to sign new tenancy agreement
I'd been working overseas and came back to UK earlier this year. Got a job straight away and found a flat to rent on a 6 months tenancy agreement. Landlord did ask for 12 months, but I said that as I was only just starting the job, I preferred a 6 month. Plan was to settle into job and then start house hunting to buy.…
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Proving funds
When we go on the market in a month or so, our new home will be partially funded from the proceeds of our current house and the remainder from my husbands pension lump sum, which will be invested. We have been in our current house for decades, so are well out of the loop for standard practice nowadays. How do we prove that…
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Married couple buying a property with unequal deposit
We are buying a house with large deposit (40%) coming from sale of our current home which is in my husbands name only. The mortgage for the new house will be in my name only as my husband is retiring soon so we can't take his income into account. Can we still buy the house jointly even though he isn't on the mortgage? Or…
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Responsibility for 'side road'?
I've just got the Local Authority searches back for the house I'm buying. It is situated on a corner with a main road to the front and a single track road to the side (approx 100m long). With one other property located next door. There is a designated footpath on it as well. The search documents state that the side road…
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Party wall act help
Hi, I am in the process of selling my house and after returning from a holiday I discover the neighbour has ripped out the boundary hedge and left nothing there. Their house is rented so trying to locate the owner but looking at the deeds it falls under the party wall act. I always thought it was my hedge but I am a little…
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Looking to increase rent - Landlord Help!
Hi everyone I am a landlord and looking to increase rent. Before I get 'THE GREEDY LOOK', I haven't increased the rent since the tenant has been in the house, which is a whopping 8 years. The tenancy was a 6 month assured shorthold tenancy which is now 8 years old. How do I go about proposing a rent increase legally and…
