-
Help - first time of buying/selling!!
This is th first time I’ve been in the position of selling a home and buying another. Apologies if there are hundreds of posts already on the forum like this one. Interested in a house which has been reduced from 170000 to OIRO 165000. I have no idea where to go in with my offer. Garden needs some work doing to it and the…
-
Building Survey missed major issue
Good evening all, I have a question regarding a building survey carried out for a property I purchased. I paid for a home buyers report before buying the property I currently live in. All came back with the usual small issues but nothing major. However around 8 months later recently we have a damp issue on the gable end…
-
Estate agents entering property without permission?
My housemate and I were slightly taken back by this email... Hello, please be aware I have a viewing booked for tomorrow at 4.45PM. I need your permission to enter your flat, if I do not hear back from you I will presume permission is given. I will use our spare key to gain access if no one is home. Many Thanks I don’t…
-
Stamp Duty on Transfer
Hi Guys, Quick question to clarify on Stamp duty.. I have a property which has no mortgage. I want to gift this to my nephew. Will he have to pay stamp duty or is there a way to do it where he will not pay stamp duty?? Help appreciated. Some clarity - Its my only residence - I'm married but we have no kids and nephew lives…
-
House purchase - Flood Risk 3
My wife and I have rather fallen for a house in Devon. We want to put an offer in but we've done some preliminary due diligence and the Environment Agency website suggests that the house is in a high surface flood risk area - a 1 in 30 chance. This appears to be extremely high. Assuming we can get comfortable with the risk…
-
Seller wants to qualify buyer before looking into offer: which documents am I obliged to provide?
Hi everyone, Thank you for stopping by. I’ve put an offer on a property a few days ago and in the meantime the EA tried to book me in for an appointment with their in-house mortgage adviser “in order to proceed with the next offer stage”. The EA requested a massive list of documents including payslips, AIP, proof of…
-
Buying a flat above commercial premises
Hi all, I'm a first time buyer looking to buy a 1 bed flat in South East London, I've found a place I love in an area I like (Forest Hill) within my budget, the only downsides are its above commercial premises and on the South Circular. The commercial premises aren't actually used (and haven't been for several years) and…
-
Tenancy Renewal Refusal Due to Children
I have been researching the issue of a landlord not renewing a tenancy because they no longer want children in the flat. From my understanding evictions aren't allowed on the basis of children in the flat but I can't seem to find anything about discrimination when a contract is at an end. I guess our situation isn't…
-
Scotland - rental property smoke alarm requirements?
Hello all Asking as a landlord in Scotland. I wish to install mains wired interlinked smoke detectors to comply with the current legislation (which I believe is changing to allow battery ones again, but that has not happened yet.) My understanding from the current regs is that to comply, I need at least one smoke alarm in…
-
Scotland rental query
Hi, The landlord of a Scottish holiday let would like to let to us for 12 months, we have agreed a price and we would like to rent there. While we are there we will be looking to buy a house locally, but we are content to commit to 12 months. The landlord is concerned that if they go down the Private Residential Residency…
-
Confused!! Is one a bargain?? Overpriced??
Neighbours. On with the same agent?? I don’t get the marketing here?? Anyone think one is really cheap or one grossly over priced? Why would the agent do this as the £higher price one surley won’t sell now!!?? Is a conservatory worth £60k more these days??…
-
LABC vs NHBC Warrenty
I am familiar with the NHBC warranty but a new house built by a local builder is covered by the LABC Warranty. Can anyone state clearly what the difference between these two types are? Many thanks
-
ID2 form - Land Registry
Hi, I am selling land and need to verify my ID with Land Registry. They want me to produce an original company search. What does that mean? 3b. As to the corporation Place ‘X’ in the appropriate box. I confirm that the person whose identity I am verifying has produced to me: UK company (a) an original company search in…
-
retirement flat searches and survey??
Hi I am in the process of buying a retirement flat in a purpose built block. It will be a cash sale if all goes through ok. I have been told by friends that I have no real need to have any searches done or a survey. I have told my solicitor that I will not require these but he has said that I should consider having the…
-
Considering options - btl and my own house
I'm currrently confusing myself trying to think about different options (maybe to put into action in the next year or two). I will be 50 (:eek: how did that happen) in November. I own my house, worth approx £225k, with a 20 yr mortgage of £111,000 (taken out Jan 18). Still needs a bit more doing up (was a probate sale) but…
-
Options to equity release
Morning All, My mother and her partner would like to move from South Wales to Lancashire. They're both 65+ and both retired with a joint income of around £2.5k a month. They own a house in South Wales which will be worth in the region of £80k and want to buy somewhere that will cost around £80k My mum is a bit of a…
-
Moderate to high risk ground subsidence
Me and my gf are buying a house and it's shown a moderate to high risk of ground subsidence on the ground search. It shows a 1000 meter radius and it's modest to high within about 95+% of the whole area. My solicitor says inform the buildings insurance as this can void the insurance so will check this. I am guessing a…
-
Tax
Hi all, I’m in a bit of a pickle here and need some advice please. I have a buy to let mortgage and have been renting out the flat for the past 10 years. I wasn’t advised that I need to declare this as an income. My flat is now being sold and I’m worried about the tax I need to pay now and all the backdated tax which I’m…
-
Unfairly treated as a tenant, do I have rights?
I moved in with my partner and another housemate last year in a shared house. The house is owned by my partners mother (she doesn't live there). Me and the housemate pay rent every month and my partner only pays bills. I recently found out something she was doing that meant either her, or me and the other housemate could…
-
Selling House and now renting another
Hi just a bit of advice if anyone can help: I have recently put my house on the market for sale and moved into a rented accomodation - what options are there available for me to obtain a short term loan against the house until its sold. Unfortunately due to an illnes I am now on benefits Many thanks Zelig
