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Reference problems for a tenancy
I am trying to sort out a short term tenancy whilst I look for a house to buy. I have been told there may be a problem with getting a reference. I have been self employed for less than a year which I have been advised is a problem. Is this the case? If there is a problem with the reference is there a way around it eg…
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Ground rent company - Late payment fees
Hi my ground rent changed companies and i didn't set up my direct debit. i was sent a reminder which i forgot and after 31 days when payment was due they sent an late payment fee letter for £130 for a debt of £150 which is only 31 days late. Can companies charge this amount ? i called to ask to pay off the ground rent but…
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Break Clause Tenancy Advice
Hi guys, I have a query regarding a break clause in my tenancy agreement. I want to use the break clause to leave my rented flat earlier than the end of the tenancy. I signed a 2 year, assured shorthold tenancy, and initially the tenancy agreement included the below break clause - "Either party shall have the right to…
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strata homes wakefield vs barratt homes morley
Hi, we are confused in buying the house between strata homes in wakefield and barratt homes in morley. Can somebody assist us in choosing the one in terms of connectivity to leeds as office is in leeds and my kid school as well. We have been living in leeds since last 5 years.
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Renting & Damp
So I've been in my rented flat for just over 2 years and there are two walls (both outside) that are constantly damp at the bottom. Bleach will not remove it and the paint is starting to peel off on one. The letting agents inspect the property annually so I have made them aware of it. But I plan to move out next year so…
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Advice regarding new build leak out of warranty
I moved into a new build flat during May 2018, following a ten month delay as a result of the developer failing to register with the help to buy scheme on time. This week a heating pipe burst in my bedroom wall cavity, the contents of which covered all floors in my flat. The builders repaired the leak as a guesture of…
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Shared ownership new build 95% ltv mortgage
Hi All, First post so be gentle :) Basically I'm after a mortgage for a new build Shared ownership 3 bed house @ 95% ltv for a 50% share of the house. Affordability wise there are no issues as I'm on a good salary and the amount to be borrowed is x2.6 of Salary. Main issue is the 5% deposit and some adverse credit history…
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Vendor does not have Landlord's consent for alterations
Hi all, We are FTB in process of buying a flat and nearly at the exchange we found out the buyer does not have any documents related to alterations of the flat. The Property has been altered. A stud wall was put up to make a second bedroom approximately eight to 10 years ago. The vendor states that Building Control…
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joint borrower sole proprietor mortgages
Joint borrower sole proprietor mortgages: me and my partner want to buy our first home together. We are trying to avoid higher rate LLT on the purchase of a second property as the original property Which is in my name only has not been sold and is currently rented out. the plan would be to buy the new house in her name and…
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Will I be in before Christmas?
We are currently purchasing our first home & I am trying to work out if we will be in before Christmas. We have had the following complete: Mortgage offer Draft Contract Searches Title report Home Buyer Survey taking place today with report due within 5 days. The questions sent to the sellers solicitors are also nearly…
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Moving Abroad - Consent To Let Refused
Hi all, I've recently been offered and accepted a job abroad. I've had a residential mortgage for over a year and recently requested consent to let - which was denied. The main reason given was that the loan to value amount was insufficient, currently around 80% combined with the fact that they feel the rental income would…
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mortgage in joint names and deeds in another
can you have the mortgage in joint names and the deeds in one name only? we are trying to avoid higher rate Land Transaction Tax (LTT) as I already own another property which I intend to eventually sell after the purchase of our technically second home.
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rented properties. trees & driveways
Hi Who is responsible for trees and driveways? The tenant or are these something a landlord is solely responsible for? The driveway is block paving and needs an occasional powerwash. The trees are in the front garden and are about 15 foot high and they do need a prune from time to time. Many thanks.
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stamp duty - order of buying two houses
I have scoured the threads and also the government website, and consulted a conveyancing solicitor, and still can't seem to get a reliable answer..... I own a house, with a mortgage. I am planning to sell the house, and move into temporary rented accommodation for various reasons. Then, I will be buying two houses. One for…
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confused!!!
hi all, totally confused again, my wife owns a house in her sole name, we want to now buy a house together,am I correct in thinking ,if we buy the home in joint names then this will incur extra stamp duty as my wife already owns a property(which is ready to put on maket to sell) would the exta stamp duty apply if the.¨¨…
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Offer level
hi all, interested in a house listed at £230k, factors include; 2 bed semi, with dining room and lounge, kitchen under flat roof extension, driveway, detached garage, good sized garden, semi rural location but not hugely sought after imo. Purchased by vendor in Dec 2017 for £166k (in need of modernisation), new interior…
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Rental agents - how low can they go?
Estate agents never cease to amaze me with their inventive ways to bring in fees. Never mind application fees - it seems Flintons are now charging people a £300 non-refundable deposit to view a property. Who in their right mind would agree to pay that. It's just insane. https://www.bbc.co.uk/news/business-46111015
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How does BTL stack up?
Hi Guys, Just a discussion point really. I have been speaking to a number of people who have recently retired. It turns out that, in their opinion/experience the key to early retirement is property/BTL. Is that still the case? I appreciate that the value of a house may increase over time and rent should exceed costs but…
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Periodic Tenancy or not?
Okay so keeping it as simple as possible. April 2017 - moved into new flat with 12 month TA with no break clause. TA signed via Docu-sign and then a copy given to us when we paid the first months rent and deposit/fees. Feb 2018 - Estate agent asked us to renew for a further 12 months which we were happy to so we signed a…
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Where do I stand legally please?
I have tried to condense this as much as possible, apologies for its length. We recently sold our home and upsized to a new house. During the process of purchasing we decided not to complete a survey because we were present for the survey to our previous home, and deemed it so superficial that it didn’t warrant the…
