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Home Buyer Report valuation considerably lower than offer
Hi all, We have recently had an offer accepted on a flat for £270k initially listed at £325k and today we have had our Home Buyers report back from our surveyor who has staggeringly valued the flat at £235-240k. Interestingly we have also had the lenders valuation through and they are happy to lend to us based on 270k.…
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Garden selling?
Good afternoon all. I have a developer interested in buying a large chunk of my garden approximate size is 6.75m x 30m. He has purchased the 2 plots to my right and needs mine. I understand that land per square meter is worth a lot of money in the area I live in. Christchurch in Dorset, any ideas on what I should be able…
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Land Registry query
Bit of an odd one ... An old friend was convinced by her daughter to take out 'finance' for some replacement DG windows on her property... She remembers the amount to be around £45,000 ! But she is very vague as to whether this was a part grant or an equity release type thing, I cannot find any paperwork at her home...…
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Buying a leasehold flat with recently raised structural movement issues
Hello, I am in the process of buying a flat and after my solicitor enquired, a report has come up where cracks are listed, as well as windows and doors moved, it is mentioning 1mm cracks and doors move 10mm, they think the cracks are caused by nearby trees and that maintaining them will solve the issue. Structural movement…
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Problems found between offer and contracts.
Hello everyone need some advice. Backstory: we have found a 2 bed semi and offered on the house after viewings. the offer was accepted second time round and things moved forwards. we then had a homebuyers survey done on the property and nothing was found to be amiss or wrong. We booked a viewing yesterday to get sizings…
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Couple of questions
Hi all I am looking to rent a new flat but letting agency has a couple of clauses that I have not come across in 15 years of renting and just need to know if this is normal Being charged both check in and check out fees Insisting on taking out insurance to cover landlord fixtures and fittings to at least £2500. I have…
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Covenant leway?
Good morning, I have ran into a stumbling block with my part exchange and wanted to get some advice. Our buyer will be the developers themselves, who will be looking to obviously not move into our property but resell quite quickly. Pretty late in the process their solicitors have flagged a covenant in our lease stating…
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Can I refuse house viewings as a tenant?
Hi, I live in a stared student accommodation house, where kitchen and bathrooms are communal except from our private rooms. Our landlord has been making house viewings with sufficient notice for the last two months, sometimes as often as 4 times a week, regardless of whether we are at home or not, as he has the keys. It…
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Service Charge Additional Costs
Hi all, Sorry, I am not sure if this is the correct place to post this, I am new here but need a bit of advice. I live in a flat that has Trinity estates as a management company. I received a letter a few months back to say that they are looking at performing redecoration works on the communal areas of a few blocks of…
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Looking for critiques on my plan
Hi I’m looking at selling my house relatively soon. Hoping to list at the end of the month with a view to getting in for the new year trade. The house is a 4 bed detached. Was built 3 years ago. I’ve got a rough idea of what I want for it. Based on a couple of other sales on the same development. As it’s still quite new,…
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Purple Bricks
We are looking at putting property on market in next couple of months, as soon as we get planning permission through for a property we are buying from a relative. I used to be in mortgage market so know a bit about buying / selling, so got 4 estate agents round on one day to get up to date valuation and decide who I…
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who to ask if a house is rented?
How can i find out if a house is being rented? If i wanted contact the landlord./
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Compensation from gas being capped
I hope someone can give me a little advice. Earlier this year I had to miss my annual gas safety check from my housing association. I had an appointment at hospital and made arrangements to reschedule with my housing manager. On the day of my appointment I was informed en-route to hospital that my gas was being capped. It…
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Administration Fee Advice - Agent mislead me.
Hey guys, Just a quick one, and I apologise if you’ve seen this before! I recently went to visit a new build property as I’m looking to move house. Whilst viewing I noticed a couple of pieces of large furniture (such as wardrobes), that would have to be removed before I could move in, there’s no space for me to have them.…
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Stamp duty on 4 properties in auction
Hi. I have seen 4 properties which are back to back together on sale for 200k. Two are occupied with tenants and two are in a bad state. It also comes with a plot of land which is not part of the deeds to the houses. How do I calculate the Stamp duty. For purchase below £40,000 there is no Stamp duty so can I value the…
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Balancing Charge with no retention fund
Hi I purchased my first apartment in Oct 2017. I received a balancing charge for 2017 in July 2018. After speaking to my solicitor they stated I was not liable as the some of the money is still liable by the previous owners and I should pursue payment back from them (I paid the amount so not to incur arrears charges). The…
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Reclaiming ADS in Scotland - Change of solicitors.
Hi, Posting for first time as I can not find the answer elsewhere. My apologies if this is posted in the wrong place or previously answered. I bought a second property earlier this year and have now moved into the property as my main residence. I am now in the process of selling the previously owned property and looking to…
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boundaries of pathway to home
I share a partway that leads into my house. this partway is owned by my neighbor. I do have the right of way so this partway can not be obstructed. I have paring for two car, however, my neighbor does not.. so they part two cars in front of they home, which means they are only giving me enough room to squeeze past my car…
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Poor house building on New Builds.
With todays news about the poor quality materials and building on new estates,particularly mortar quality, it is surely time for an urgent look at the Building Control work by local Councils The tie-up??? between Mortgage providers and Government Help-to-buy schemes and the racket of Leasehold and Ransom strips on new…
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Stamp Duty on Lease Extension
Greetings, I am new to the site. Looks amazing. Question: how much will the stamp duty be on a lease extension of £450,000? Not a first time buyer. thank you, Andrew
