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Renting from private landlord via Gumtree
Hi all! I know there are similar threads but some are closed and some are not exactly what I wanted to know.... So, I found an advert on Gumtree, offering a house for rent. I went there today and met a guy who said he is not the owner but "representing someone who is living in France". That discouraged me immediately, but…
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New Build, need to sell before completion!
So, new to the forum and have a doozy of a problem. Me and y partner (unmarried) but both signed for 50% of the property. I have stumped up the full deposit with the assistance of the HTB scheme. We don’t complete until March next year 2019 but we have exchanged. My Mrs is now leaving me, I can just about afford the…
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Shared Ownership Stamp Duty cost on properties over 500k
I am first time buyer and I found 1 bed Shared Ownership property in London worth £540k. I would like to purchase 25% now, which is £135k share. I understand that SDLT relief is only on properties under £500k. What would be my cost of Stamp Duty Tax then as I cannot fathom what happens if property is over £500k? PS. It is…
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Should we buy a home with a security system
Hi there, My fianc!e and I saw a small 2 bed mid-terrace property with a garden today. Everything is fine with the house, it has everything we need and is in or price range we are just not sure about the area. When we entered the living room, they had a security system set up with one separate tv showing a view of their…
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Indemnity Insurance
In process of buying a house - close to exchange, but they do not have the buildings regs certificates for the windows (which they replaced) - other work they had done, is certified. My lawyer suggested indemnity insurance, however reading the small print it does not seem to be worth the paper it's printed on - it…
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Lifetime ISA and buying a house for less than it is worth
Hi, My Fiance and I are looking to buy a house. We currently rent from my Dad and are considering buying this house from him for a reduce price, with the agreement that when we sold it on this price difference would be returned to him. We currently pay into LISA's and were wondering what happens to the bonus if we buy a…
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Letting relief removed in 2020
As typical " accidental landlords" we have ended up renting out our last family home. Under the present capital gains rules, as we lived in it for 1/2 the time, and rented it out 1/2 the time, we currently have no Capital gains Liability. Thats based on: Total capital gains in 28 years 180K: Residential relief 180k x 50% =…
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Views online not translating into actual viewingsor offers
My home has been on the market for just over a month. Not a long time I know, but I would have hoped for some viewings in this time. We had a viewing when the house first went on the market but that’s it. It’s performing above average in terms of people viewing online, but it’s not translating into viewings or offers. As…
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EA fees although Private Sale
So we have listed our property on the market. Then our tenants came forward privately and put in an offer we want to accept. Doh! The estate agent has done nothing so far except for take a couple of photos and put a listing online. There have been no viewings. We are within 14 days of our contact signing. Any experience of…
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Partner moving into my one bed flat - can she be a lodger?
Hi everyone, So my partner is going to move in with me. It is a one bed flat that I have a mortgage on and is solely in my name. She already has a mortgage on half of a 2 bedroom flat with her friend. Her plan is to rent out her room to a friend (to continue paying off her mortgage) and pay me rent to help with my…
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What to inform Council as sub tenant?
Hi, recently separated from partner & kids, so moved from renting a property (joint tenant, paying council tax) to renting a room in a house occupied by pensioner, who is himself renting the house (sub-tenant, bills included in rent, including council tax), all within the same council area. Wanting to inform relevant…
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negotiation
Hello everyone, Hope you'all doing great. So guess what we're first time buyers and have ooodles of questions. not surprised huh :-) we just start looking for houses however we have some doubts about how to proceed with the price negotiation. We are interested in house for 475k, based on rightmove and zoopla 4 bedroom…
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Shared Ownership Leasehold Flat
Hi, It's been over 5 months since my Mortgage offer was accepted. The Property is shared Ownership Leasehold. My solicitor raised 12 enquiries beginning of June. They were chasing via email the Sellers Solicitor and they've answered 9 out of 12 enquiries since today. I will list the remaining Questions: 3.Please Clarify…
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Content insurance sole/joint
Hi all, I've searched through the site and looked at other sites. It couldn't find a definitive answer. My Girlfriend and I are about to move into a rented flat together and I'm just wondering about the names on the content insurance policy. Ideally I'd like to just put my name on the policy, as if I was to make a claim on…
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Malicious damage clause in buy to let insurance
I've taken out buy to let insurance on a house that's undergoing some work and is currently empty. When taking out the insurance I questioned a clause that was called "malicious damage" in the cover and upon further clarification it turns out that technically if a person breaks into my property and does anything that is of…
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Finance fees - allowable expense?
If a mortgage is used partly to finance a buy to let purchase property (75%) and partly to finance private home improvements (25%) then 3/4 of the interest on it is an allowable expense against rental profits. However, can a proportion of the fees also be an allowable expense? Say if there was a £900 arrangement fee added…
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Letting Agent forced me to give notice and pay beyond my AST fixed term
I moved out of a property 2 weeks early and intended for my tenancy to end at the end of the fixed term; the letting agent then contacted me after the new agent contacted them for references. I was asked,"your new letting agent contacted us for references but you haven't given us notice of leaving..." I said that I wanted…
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Energy Performance Certificate (EPC) -any use ?
Are Energy Performance Certificates worth the paper they are written on ? Are they really of any use ?
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Can we get our 10% deposit back? - New Build
thread closed.
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Deposit dispute and question re allowable deductions
Hello, I am heading towards a dispute with my landlord about our deposit. I've read GM's sticky but I have a few questions. The landlord has given us a deadline of 3rd Nov (i.e. tomorrow) to accept his deductions or he will trigger the dispute. We will not accept and we are preparing to go for dispute. Is there normally…
