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Unreasonable leasehold garage legal fees?
Hoping someone can give some insight into my ongoing house purchase. I'm buying a freehold house that comes with a garage, which was found to be leasehold by my solicitor as it sits beneath a flat. That's all fine with me as I understand it has to be leasehold. My issue is with the landlord / freeholder, who happens to be…
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Temporary move advice, bit lost!
Hi all, Around 3 months ago we decided to finally put our house on the market and get serious about moving from our first home and upgrade to a larger house. Long story cut short but our house sold very quickly and we haven't found anywhere yet. We're going to move in to my Wife's parent's house temporarily until we find…
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Buying House Quandry - Planning Application Found
We are in the late stages of buying a house. We have recently received the Property Information forms filled out by the seller and in this he mentions a rejected planning permission put forward by our future neighbors in 2016. They tried to get planning for 4 houses in a part of their 370 ft garden that runs adjacent to…
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Tenancy Agreements
Hello, Can property owners create a tenancy agreement themselves, without any qualifications, experience or license or registration to any bodies? Thanks.
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Taylor Wimpey - DO NOT PAY consent fee
Hi all Just a note to help a few fellow new build buyers. We bought our freehold house from Taylor Wimpey back in 2016 and recently wanted to modify our property by installing a new window and a new side door into our garage. Contractor suggested letting Taylor Wimpey know - I did so and they initially did not respond for…
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Buying residential property, can I keep buy to let?
After moving back home for a few years and letting my flat I now want to buy a small freehold house to live in My tenant doesn't want to move but I'm finding it impossible to sell to an investor in the current market. So if I sell she will have to go. I have no pension plan and had thought the flat could replace that.…
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House valuation - help!
Hi everyone, Great news - we have been accepted for a mortgage and the lender has adreed the valuation, yay :j!! Bad new - the ‘matters affecting value’ are as follows; ‘The property has suffered previous movement but I saw no evidence to suggest this is ongoing. Trees close to the property could cause damage and…
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Help needed with reference to being forced to sell my flat.
Hi.. first time “asker of help”.. Me and my ex partner bought a shared ownership property in 2007. In 2013 she walked out on me and our 2 children. I had them full time until she found herself a flat to rent and I continue to have them a minimum of 3 nights a week. They’re aged 10 & 6. This year I decided to put the flat…
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Tenants in Common - Unequal Deposits, Mortgage Contributions & Improvement Money
Hi there I believe I have a good handle on how tenants in common would work share wise on a house where deposits and mortgage contributions weren't equal. Person 1: Deposit+Percentage of Mortgage contributions divided by the house value Person 2: Deposit+Percentage of Mortgage contributions divided by the house value eg…
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Cheltenham Damp Survey Advice
Afternoon, My wife and I are in the process of purchasing a house, however the homebuyers survey pointed out a small amount of damp in a chimney breast. The agents recommended a damp surveyor they have used before whose give us a survey, the outcome is that we have damp in a chimney breast, which requires £2K to out right,…
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Splitting tenants in common proceeds
I have a declaration of trust in place with my ex partner for a property I moved out of in 2010 but she has continued to live there. She is now looking to sell the property so has now contacted me so this can happen. She originally paid £100k into the property and we then got an interest only mortgage for £80k which we…
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Contract terms - they can't take another months rent can they?
Short story long (all [sic]): Rent increase – negotiated, signed new tenancy agreement with 1 month notice clause (from either party) in and now they’re making me pay an extra months rent/taking it from my deposit for no reason. Important clauses in the contract: LATE PAYMENT OF RENT If any Rent shall without prior…
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Question about leasehold charges
Hello So my situation is that I live in a townhouse shared with 2 other houses and 5 flats which are all in one block. My lease states that I must make a fair contribution to the upkeep of (in any) communal areas. I have no access to the communal areas as you need a code to access the flats and the words "in any" are used…
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Renting out current property and buying a new one to live in
Hi everyone, My first post here and I’m really stuck in a rut. I own a apartment and it still has a small mortgage On it and I’d like to keep it and rent it out and buy another property to live in. The new property will cost less than £125k but will I have to pay stamp duty? Mortgage companies have also said they won’t…
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Bridging loans - flipping property
Hi all, First time poster but long time lurker! I'm looking to take my first steps in property (other than owning my own home) and had a question about bridging loans, as I think something I'd personally be good at is buy-to-flip, but I don't have a lot of cash available (if any). Can bridging loans be used to cover the…
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Buying before Selling house owned outright
Hi, This is giving me a headache! I have posted a few questions on here about selling in England to move to Scotland and this is the latest instalment (I'm now on Plan C!). We own a home in Norfolk with a mortgage that we can pay off with no ERC. I've been keeping it open as it is an interest only offset and we are paying…
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Negotiating extras
Afternoon all. Buying a new build from a private developer for £280k. So far has been delayed 6 months which has cost us additional expense. Could have gone for £275k but without bifolds. Standard corded light fittings and standard flooring. However we agreed to pay full asking in order to have bifolds, spotlights…
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Raising finance to buy at auction?
Just that. How is it done? Looking to buy around the £140k mark. Earnings of £33,300 PAYE public sector job. No other loans or property. Potential cash available to put some deposit or costs etc of £40k. Is it possible and if so how? Thanks
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Massive down-valuation on a new build
Hi all, I'm going through the process of buying my first home through shared ownership. It's a new-build flat being sold by a housing association, and my purchase share is 25% on a total value of £550,000. . Everything thing was going smoothly up until yesterday. My mortgage advisor has found a great mortgage, my credit…
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6 month's rent up front offered - good or suspicious?
The letting agent is bringing prospective tenants to look at the house on Monday. I asked for some more details about them and the agent said they are willing to pay 6 months in advance. I have a recollection that this offer sometimes raises alarm bells but can't remember why. I think I'd prefer a monthly standing order…
