-
Declaration Of Trust Fair
Hello All, I have come to MSE to ask for some advice. My Girlfriend & I are purchasing a property for £293,000. I am fortunate enough to have a bit of savings behind myself and I am prepared to put down £75,000 for the deposit leaving us with a £218,000 mortgage. As my Girlfriend doesn't have any savings I am also paying…
-
New house garage problem
hi all, first time poster in need of advice We bought a house with a detached garage and had a basic survey completed which showed no issue. The garage has a cheap carpet. The garage is very close to the boundary wall, under 100mm gap and the neighbours property is 7ft+ above ours. In this very heavy and very consistent…
-
Tenants giving notice
HI, I am a landlord I have a 12 month assured shorthold tenancy agreement with my tenants This tenancy agreement includes a 6 month break clause and my tenants are required to give a 2 month notice period from rent due date They moved into property on 15th February 2018 and their rent is payable on the 15th of each month (…
-
Renting more difficult than buying!
Seems ridiculous to me, and hoping someone else may have experienced this. We are planning on renting out our house to rent a bigger house. We have been trying to sell but decided to wait till market picks up and have someone who would like to rent it. Easy so far... My husband is self-employed (ltd company) and we found…
-
Conveyancing solicitor overcharged me
I recently moved abroad (August) and I sold my UK house which completed on October 1st. My solicitor didn't email me a completion statement for my review prior to completion but I did receive a letter afterwards with the conveyancing charges detailed. The difference from the original quote, which I still have, was over…
-
Tenancy application headache
I have the worst of headaches that I could use a little advice on. I was between contracts for a few months and was on Jobseekers in the meantime. I've started a job that pays well but I'm not going to be paid until months' end. As my new job is in a different city, I've been staying with a friend while I sort out a place…
-
Worth Switching Agents???
We're currently selling a 2-bed flat in South East London, been on the market since the end of August. This was our first mistake as we probably should have waited a couple of weeks to be 'fresh' on Rightmove in September. We've reduced the asking price by £15k (£500k > £485k) and are averaging about a viewing a week,…
-
What can I do to help buy my first home ?
So i'm 27 and have been trying to get on the property ladder for what seems like forever with no avail, i've saved money from working while now and have got £35000 for a deposit however it's nowhere near enough. I would be looking to buy a 2 bed semi-detached and they usually go for anything around £170-200k in the area I…
-
Issue with new build boundaries
Hi, We brought a new build property, 3 bed, garage, fully detached. We have exchanged contracts with Persimmon, and the house is nearly completed. Our original boundary plan shows no shared access. Upon going for a walk past the house, we have noticed that the neighbour will need to access our property to access their back…
-
Partner buying out tax implications
Hi, My partner and I have been discussing the possibility of living separately. We are not married but have a mortgage together. A Tenancy in Common - he owns Two thirds of the property and I own one third (as per the percentage of payments of our deposits) If he was to buy me out would I have to pay capital gains tax or…
-
Deed of Assignment - Joint and Several contract
My daughter and her boyfriend rented a room in a shared house (6 bedrooms) just over a year ago, and signed Deeds of Assignments to take over the room from the previous tenants. This appears to have happened on multiple occasions since the original contract was set up in 2015 and none of the original 6 tenants were in the…
-
Has the estate agent undervalued our house?!
I didn’t think this was a thing really but there we are. A bit of background, we live on a fairly new estate, house will be 4 years old December. We’ve reserved a property on another new estate, but we have to sell in 6 weeks. We are a semi, and the house attached to ours sold in June for 172,000 with a 175,000 asking…
-
insurance says there's flood and subsidence history on flat I'm buying?
I'm most of the way through the process of buying my first flat in Glasgow, Scotland and just trying to get building and contents insurance sorted out. Tried with Aviva and website wouldn't give me a quote so had to call up. When I spoke to them, they said there's a history or record of flood and subsidence for that…
-
Building Suirvey Report Missed Major Structural Issue
Hi, Myself and my partner bought a house in January 2018. We had a RICs Building Survey completed as it's a detached property built c1890. It highlighted a few concerns, eg some damp, some insulation needed in the roof, but nothing major. The survey valued it at £220k, we paid £230k. The banks valuation (bank guy came to…
-
Land Registry help
I have bought a plot of land which was historically part of a wartime airfield and over the years has been developed and boundaries shifted. The plot has 3 title deeds the main part and two small pieces not accessable except via my plot, one of which was a small air raid shelter. We have insurance in case of any problems…
-
Land Registry - new build in garden
I have built a new house in my garden and I am moving into it and selling my original property, and I now have a buyer There is a clear boundary between the 2 properties. How to I go about splitting the register entry in order to separate the 2 properties?
-
Sovereign Living - Shared Ownership
Hi, I'm in the process to buy a 2 bed shared ownership house through Sovereign Living. The house hasn't been finished yet, and I'm waiting for a site visit. Has anyone else bought with Sovereign? I have so many questions! what are people's experiences? Silly question, but is a shed included? is a patio normally included. I…
-
Mice in Flat
I own a 5th floor flat in a tower block containing 100 flats. The freeholder is the local council and I pay ground rent and service charge. The flat is rented out. The tenant recently noticed mice and alerted me. We found and patched up two holes in the same skirting board in one of the bedrooms but we've found mice in…
-
Seller wants a part mortgage / part cash deal
Hi All, I recently made an offer directly to the owner of a property (it is currently on the market for £400k) - I offered £375k (top end of our budget). He came back saying he wants at least £390k for the property, but would accept our £375k (from our mortgage & deposit) and £15k in cash a year later as a private deal. Is…
-
Renting current house and buying a new one
Hi all, Newbie to the UK housing market trying some complex stuff - I would greatly appreciate your advice! Me and my husband are joint owners of a house. But we now have to move to a different house as my commute to work is very very long. After considering all the non-financial matters, we think its best to buy a new…
