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First time UK buy when owning property abroad
Hello, I am looking to buy my first home in the UK and am rather confused about the laws surrounding this. It would have been simple, however I’ve recently been gifted a property abroad by a family member (for which I am obviously grateful for). It is rented out and I do not live there and never will. I am a UK resident…
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Renewing old rental contract which predates DPS
I would be grateful if someone could clarify my understanding. I've rented my home for 17 years and in that time had one early rent increase - so it predates deposit protection scheme. Some maintenance has been done but to a very poor standard by the landlord and his family contractors but I've probably had a handful of…
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Best garden exposure - new build off plan
Hi everyone, i reserved plot number 2 of this development on the basis of SW garden exposure: mcdermotthomes.co.uk/development/valour-park/ (Please add www) But the problem is.. now I start doubting I pick the right plot! What you guys think of the garden exposure of the plot number 4? We’d like to have sun in the…
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threat of court by purchaser
A friend sold her house 6 months ago. When she moved out she left several new unopened packs of flooring (to match what was in the living room) new packs of tiles to match wall/floors of kitchen, hall and bathrooms, and new unused kitchen units and doors for the current kitchen and wallpaper and paint that matched the…
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staircase issue
Trying to clarify and confirm the ownership of the flight of stairs from and beyond the 1st floor to our property in a building. From my understanding of the wording in the lease, I believe that this staircase is not the ‘common staircase’ but belongs to my flat. The lease/deed states 2 points that may be relevant: * ‘IN…
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Council tax on empty property
Sorry not really asking advice, just having a moan!! I have an empty house currently for sale so will remain empty til sold. I have to pay 100% of the council tax despite it being empty. Whereas if the house was occupied with 1 person they’d get a 25% single person discount 🤬🤬🤬🤬 where’s the logic in that?!
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Selling leasehold but freehold has never been registered
Hi everyone Just wanted some thoughts/advice on this. I’m selling a leasehold flat and it’s all been going through really smoothly but today we’ve hit a bit of a snag. The land registry has the details about our ownership of the leasehold but apparently the title for the freehold has never been registered. I’m now super…
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Block Viewing Tips
Found a lovely apartment however it requires a " block viewing " which i have been invited for. Any advice on how this works etc ? Is there any point in going ? They're hardly gonna give me an agreement as im a young unemployed male It will be a " company let " as i have a care company round in the week
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I'd like to let my house but 'keep' a room for my stuff
Getting an EPC rating on my home on the way to renting it out to pay the mortgage while I move elsewhere. There's a spare room I'd like to keep all my stuff in but I'm just curious in case there's any statutory requirements that would come with withholding one room from the tenants or is it just a matter of making them…
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First time buyer - how much will I need?
I have 2 questions: 1) How much money will I need to have saved? 2) When do you think I will realistically have the money? To give you some background, I have £2600 in my Help To Buy ISA and I'm adding £200 into it per month. I have £8500 in my current account. I am averaging saving £850 a month. I also have a Lifetime…
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Houses left by benefactor to be let cheaply to people in need
https://www.bbc.co.uk/news/stories-46073249 Has any of our MoneySavers ever come across something like this local to them? We'd love to hear about other acts of kindness like this if you have any to share!
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Notice to complete : question about notice period
We are in a chain about to exchange and have been asked to vary the contractual terms to include a 'notice to complete period' on a property purchase down from the standard contract terms of 10 days to 5 days. This is becuase someone further down the chain is very close to the end of their mortgage offer period. I am aware…
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Exchange of contracts - can this happen at any time of the day?
Hi, I just wondered if exchange of contracts can happen at any time during the day? If all solicitors are in the office and ready for the call at say 5pm, can exchange take place? Or is there a cut off time during the day? I am currently waiting to exchange, i spend all working day with anxiety waiting for a phone call,…
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Burgled after Lanlord Agency did not change locks - what next?
Hi everyone, i am writing with a fresh situation that has just happened in my shared flat. As a bit of background i have been at the property for around a year and was burgled around 10 months ago, there was no sign of forced entry and items were taken. As a twist the agency had been running an airbnb in the floor below us…
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Re-Evaluation - 30% Below Initial Valuation
I'm new to this site with my current predicament pushing me here, so I'm curious to understand what type of responses I will get from the following (live) scenario: - I had a mortgage offer accepted in October 2017 for a new build flat with a 10% deposit - I'm told there are a finite number of lenders that will provide a…
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Home buyers report - how long?
I'm not sure how long to give the surveyor to write my home buyer's report? It's a one bed ground floor flat in a converted building. I don't believe there is anything special about the construction that would make it especially difficult to do because I already received the mortgage valuation which doesn't mention…
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Estate Agent Fees - buyers withdrawn
Hello. We’re about 16 weeks into selling our house, and have received a call that our buyers are pulling out, as they in turn have lost their buyers. We’ve decided to call it quits - we’re not going to re-advertise with the this Estate Agents again. Does anyone know if we’ll be liable for fees to the estate agents? They’ve…
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House buying nightmare!
Hi, We are FTB's and had an offer accepted on a house back in June. After going through all of the lengthy legal processes etc, just before getting a completion date sorted we get told that the chain has broken due to one of the sellers falling critically ill. Since then, a new house was replaced in the chain (thankfully…
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2nd time around "1st time buyers" - any help?
Hi, I think I'm on a roll today, posted first time after joining a year ago then reading around the forum brought this up. My husband and I hope to be debt free in 3-5 years, and depending on exactly when and how I return to work (SAHM to three, youngest is 2yo), to have started saving a deposit to hopefully buy the house…
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BTL capital gains rules?
A few years ago I understood that there was a change to treatment of BTL properties and I was advised to get a formal RICs valuations as at 6 April 2015. I had 2 properties being rented. One had always been a BTL since purchase, the other was our home for 2 years but I had to relocate overseas for work so rented the…
