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An Inherited Property - Sell, Rent or Keep ?
Hello I’ve recently inherited a three bedroom house from my parents and was considering what I should do next, should I sell the property, rent it out, or keep it empty for a while as an investment. I’m 55 years old and already have my own home with no mortgage. Fortunately I am financially secure and so in the medium term…
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Sell before Brexit?
Hi, What do people feel about the housing market after Brexit? I am thinking of selling my house now and then buy another one after Brexit as I believe house prices will drop substantially. Is that a stupid idea or do people think there is mileage in it?
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Can a floor be both timber and concrete
Hi all My partner and I are in the process of buying a 1st floor flat, but it needs complete renovation and there is an internal wall that we want to remove. We’ve had a structural engineer assess the wall and he’s confirmed it’s not load-bearing. But the landlord is saying he can’t accept the engineer’s report. Basically,…
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Solicitor has not issued Section 42 correctly
Hi All. Bit of an issue which has left me in limbo somewhat. I have recently cash purchased a leasehold flat with 69 years left. I informed my solicitor that I wanted a s42 notice served, so that the benefit can be transferred to me upon completion, thus not having to wait 2 years. They added this into the contract at the…
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Help to buy ISA
I just wanted some advice on the Help to buy ISA. My wife and I have just had a baby daughter and with a deposit already saved up I wasn't anticipating seeing a house we really liked but now actually do after 2 viewings. The seller has stated what fee they will accept.. the only snag is though that and which I am usually…
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2nd viewing booked but house now sold STC
As mentioned in an earlier post, my parter and I are first time buyers and are looking for our first house. We have a second viewing booked for tomorrow evening and are taking our parents along as a few extra pairs of eyes. We have our mortgage in principal in place and to be honest, there is a very good chance we will…
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Home Improvments with Help to Buy Equity Loan
Hi, We are looking at a house on a new build development and we would like to increase the number of parking spaces the house has by tarmacking part of the front garden. Although, the loan states that home improvements to a home bought with the help to buy equity loan require permission, therefore would this improvement…
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Landlord wants to increase deposit? but WHY? on renewed 12 month tenancy
When living in the property of the landlord for a number of years, with the rent remaining the same, but this year the monthly paid rent has been agreed by landlord and tenant to be decreased a little bit (due to market rent reducing in that area) ie - the landlord will get a bit less money every month, then if the…
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How long to wait for response to offer
We have made a second offer on a house we like on Monday. It is our best and final offer, and we have made this clear to the seller and their agent. The agent told us this evening that the seller has a few viewing booked with another agent and wants to see them through over the weekend. They would get back to us early next…
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No viewings in 6 weeks, drop price?
How has been up for sale 6 weeks and we've had no interest at all. Not even a sniff. Should we reduce the price now? Or wait a bit?
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Advertising via online estate agent and they want land registry?
I've never had this before, in fact I'm already advertising my home with an online agency who didn't ask for this information but I've chosen to advertise through a second agent (Doorsteps). I live in Scotland and their online AML form states that they can't do this for me. It's frustrating as I want my house on the market…
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Can The First Tier Tribunal deal with a part residential part commercial property?
I own a flat in a building which is part residential/ part commercial with an absentee freeholder (I can reach him and I know where he lives, he just refuses to give the information I ask). It is proving impossible to sell the flat as there is no management company or contact from the freeholder (despite his solicitor…
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Mum paying off my mortgage and moving into my house.
Hi Guys and Girls. Just looking for some advice and wondering if I am going to hit any legal hurdles and the best way to go about things. So basically my mum is not well and has a muscle wasting condition so I have decided to move her into a bungalow that I own. She is selling her house and using the money gained from that…
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Restrictive Covenants - Help!
Hi all, We're in the process of buying a house that is owned by the local church. All was going well until we saw all of the restrictive covenants they've placed. We're awaiting a response from the solicitor, but wondering if anyone has experience of this? Some we have no qualms with, but here are a few that we find…
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Online Estate Agent Doorstep
Hi Everyone. We are about to sell a house in Scotland. Can I ask if anyone has any experience of the cheap ontline estate agent Doorstep. We will be luck to break even as we bought at the top of the market in 2007 and need to keep costs down. My supiscions are that they haven't handled many sales in Scotland but they are…
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First Time Buyer - Scotland
Hi all, I recently viewed a property which was advertised as offers over 125,000, and the valuation on the home report was 130,000. Having seen several properties go under offer fairly rapidly (before we were able to view), I made an offer for 130,000 which was accepted. In hindsight, I should probably have offered lower…
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Building survey - paying for issues?
Hi all, My partner and I are looking to purchase our first house together and have a second viewing of a property we like later this week. We are currently dealing with a mortgage advisor and are hoping to have an agreement in principal sorted very soon. It is a little premature but I have a question regarding the survey…
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Is this right?
Back in 2017 we accepted an offer on our house from a buyer who said they were cash buyers. We have an extremely large house, 8000 Sq ft, so not an easy house, in today's market to sell. Then early 2018, they told us they were getting a bridging loan, they had the survey done. 2 days before we were due to exchange and…
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Council tax disaggregation
Dear All, I am potentially looking to buy a 4 bed semi detached property currently in Council tax band C.] The house was originally a 3 bed. In 1986 a planning application was submitted and approved for an "Erection of single-storey side extension to form bathroom and bed-sitting room for a disabled person". This work, to…
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house for mum
hi I'm wondering if somebody can give me some guidance. I've tried to find the answers on here and online but still confused. I inherited some money this year from my father who hasn't been married to my mother since I was a baby (filled in the probate forms etc myself with some guidance on the other moneysaving forum!)…
