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Conveyancing reporting to lender how long doesn’t it take?
We are close to exchanging contracts, a few things need to be reported to the lender before we move to exchange according to my solicitor. One of these being right of way not registered on a private road for which my solicitor has suggested indemnity insurance and secondly just a clarification of my gifted deposit (already…
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Is 40% of monthly income too high to spend on rent?
I'm looking at renting a property on my own for the first time, but I'm concerned about how much it will cost. Post-tax, I earn £1500 a month. I've found a place that I love for £600 a month, (edit: rates included) Before utilities, that's 40%. I don't have any dependants but I am renting this alone. Does this sound…
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Getting caught with the wrong mortgage
I have a semi unrelated thread to this in another section which got me wondering about this question: How do you get caught renting out a property with the wrong mortgage? To give this some context, I have 3 friends who had their own apartments, met their partners years ago and moved in with them. I know each of them rent…
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Worried about Mortgage Referred
Hi, still very knew to this forum so hopefully I am posting in the correct place. We have applied for a shared ownership mortgage using a mortgage advisor and the agreement in principle has been referred. Our broker says he can’t give any more info than that at this stage. Based on an affordability assessment we did, the…
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Conveyancer - Archive Charge Fee / Electronic File Storage - necessary??
Hi all Our conveyancer has put an entry on our completion statement for "Archive Charge Fee". On the original quote it was listed as an "Electronic File Storage". I've asked them exactly what this is, but they were a bit vague. They also said that if we chose not to have the service, it would probably cost us more to pay…
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When is the point of no return
Dear All, I am thinking of buying my first house. I haven't a clue, and need a tiny bit of help. I will be a cash buyer. The house I like will need quite a bit of work done to it. When should I take a builder/architect to view, and if they say the work will be too horrendous can I pull out, or should I take a…
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Remodelling
I am new to the forum as a contributor, but have read from time to time, I am currently looking at moving house (up sizing) I have found a house that meets most of my criteria, but I would want to remodel the downstairs, (add walls and remove walls) I wondered how others had dealt with this as it's a bit of a move to the…
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Possible Retaliatory Eviction??
Need some advice...please bare with me. Earlier this year myself and my (then) 3 year old daughter were living in a property rented through a local letting agent. There had been multiple problems with the property that I had repeatedly told the letting agent and the landlords repair man about over the 2 and a half years we…
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Scottish Missives Concluded?
I am not sure how to know whether missives have been concluded on a flat I am purchasing in Scotland. I wonder, therefore, if anyone can help with the question below. Q/ Can missives be concluded in Scotland without: - a specific and exact date of entry being agreed between buyer and seller - the funds of the (cash) buyer…
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Stamp duty guidance needed
Hello, I am about to buy a flat in the UK. This will be my first purchase and my first main home as an owner (I currently live in a rented flat in London). However, back in Italy I do own a property. My mother bought it last year, she put it under mine and my sister's name but she paid for it, she lives in it as…
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Mortgages in Spain
Has anyone got experience with getting a mortgage in Spain? I’ll be moving over permanently before brexit and getting my residency done. I’ll be wanting to buy a house and wondered what deposits are required and the was/complexity if mortgage applications are like in Spain ?
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Another Boundary Problem
My neighbour has got new neighbours who last weekend started to take down her 4 foot fence on her boundary telling her they wanted a 6 foot one, she stopped them but they wasn't happy about it. Her fence has the good side on her side and the posts on neighbours. This weekend they have put posts tight to her fence with…
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Strong Cannabis smell from neighbours above?
So I've just bought my first home, which is a bottom floor apartment in a three-storey block, approximately 15 years old. The old owner had it from new and had rented it out to tenants before deciding she wanted to sell it after her last tenants moved out. I fell very lucky with this as she also agreed to leave the…
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What is best?
Hi! In a bit of a pickle and looking for advice please. We are looking at buying a new build property, the cost of the property is £270k and does not include any flooring and the garden at the back is only rotivated. Front garden is landscaped. No fitted wardrobes are included either. We are also looking at having to…
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Conservatory costs/hassle
Hello, I have been to view a property for sale close to this one below. I would like to extend it by putting in a conservatory like the one this property has, can be seen in the pictures part. I was wondering if anyone could give me any advice on costs (as in £5k, 10k etc not specifics) and what would be involved in having…
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Shared Ownership, moving abroad, can't rent :/
So, I've got a new job and will be relocating to Asia at the start of February. This move came out of the blue, but is a great opportunity, so am 100% going. I bought my first place in April 2017, full price of £295k, and got 65% of this shared ownership property. My 2 year fix mortgage (3.55%) ends in January. After that,…
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Estate agent moaning about garden
First of all, I understand that the general maintenance of the outside spaces is my responsibility whilst I'm renting the property. HOWEVER, when I moved in, there was gravel down over most of the grassed areas, which is a large area, and the membrane has obviously deteriorated over the years, as weeds and grass have…
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Buying a home VS renting? Help!
Afternoon All, Sorry for the long post :beer: We live in Bristol (have done for 3 years) are thankful to be renting from a family member at a very very low rate of £500 total between myself and my partner. My wage is £34K per year, my partners is £22K per year. (£56K combined) I'm a 27 year old civil servant, she is a 26…
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Homeswapper tenancy
Hello I am desperately seeking advice! I am about to complete a mutual exchange between two housing association properties. The thing that most attracted me to this property that I want to move to is the lady that lives there having a secure tenancy. I have previously done a mutual exchange my first property was secure and…
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First time buyer
Hi Guys We are looking at buying within the next year, and was after advice regarding first time buyers We are in a position to put down a decent deposit and still be able to afford to overpay the mortgage on our monthly salaries Would it be wise to stretch ourselves to the highest value property the bank will lend us…
