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Management company buying our house
We were due to exchange on our sale and purchase today but have been told the council who are buying our property won't be having a board meeting until Tuesday so they can't sign off on exchanging until then. That would be OK but they won't have the deposit funds available until Wednesday. Solicitor said we can exchange…
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Selling whilst on holiday
Is going on holiday whilst selling a property a good idea? Pros: estate agent can take care of all the viewings. Don't have to worry about arranging viewings with estate agent, and keeping the property in a presentable state. Cons: could eat up into my holiday time having to deal with questions and offers (assuming I get…
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Applying for the First time Freehold Title
Hi Guys does anyone knows how long it will take after you apply for a first time Freehold Title. The freeholder’s solicitors have provided a draft of the Transfer deed to the seller’s solicitors. The freeholder’s solicitors are also required to provide copies of the title documents for the freehold interest in the property…
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Public sewer
We have already begun building an extension and are roughly half way through, we have only just realised due to lack of communication with builder and planning that we didn’t apply to the water company for approval (if any is needed) can’t believe we have been so dumb! We have spoken to them and they say there is a sewer…
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House not getting viewings!
Hi there, our house has been on the market for just over a week and we have had no viewings! We understand that this isn’t the best time to put our house on the market, however we have our eyes on a new build as we have a baby on the way and need a bigger house. We can’t reserve the new build until we have an offer on our…
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Land Registry - removing deceased spouse from property deed?
Hello, We are in the final stages of buying a house and one of the queries raised by our solicitors was for the house deed to be amended and the deceased spouse of the current owner to be removed from the deed. Although this query was raised many,many weeks ago, the seller's solicitors only submitted this amendment to the…
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Doubling Ground Rent every 25 years
Dear all, I have just joined this forum since I read many threads about this well known issue. We are in the process of acquiring a 2 bed flat in London with a lease of 125 years. The ground rent is 475 a year (I know, quite high, but I am not surprised), doubling every 25 years. I read about the issues with the ground…
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Exchange now or after brexit plan is finalised?
I'm very close to exchanging on a property. Obviously the current political turmoil is causing a lot of distress - with BoE warning of a 30% fall in house prices in the event of a chaotic no deal. My two options are: 1) Exchange now and get it done with (before the parliament vote) 2) Exchange in the new year after the…
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Help! Renting Flat With Landlords Friend As Neighbour?
Hi I’m looking to rent a ground floor flat but the only issue I have is the person living above is friends with my landlord.. could this become an issue? Especially if there’s any disputes etc? Or is this not as bad as I think and living below the landlords friends actually offers more security? Would you move into a place…
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New homes 'crumbling due to weak mortar'
Bad news for some people, and some won't be allowed to talk about it. New homes 'crumbling due to weak mortar' https://www.bbc.co.uk/news/business-46454844
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Would this be a bit crazy?
My husband and I live on the east coast of Scotland, while I complete my training (I'm a junior doctor, 1 year and 8 months to go). Both of our families are over on the west coast, and we have aways planned to move back as soon as my training is finished, as we want to be closer to family before having children. We live in…
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Damp in the house - looking to sell
Good evening and thank you for reading. I've been driving myself crazy learning about damp and would be very grateful for the wisdom of others. We are getting our house ready to sell and as part of that have contacted a chap who deals with damp to come and assess some patches of peeling paint in our kitchen. We live in a…
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Undercharged by solicitor and contacted after 3.5 years??
We sold and bought a house 3.5 years ago, We received a balance statement a few weeks after completion asking us for £1200 to cover stamp duty costs and the balance statements had solicitor fees, stamp duty etc all included. I tried to make sense at the time as it didn't seem to add up but trusted the solicitors so paid…
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Gambling on statements
Hi, I have applied for a mortgage and need to send 3 months worth of statements to Halifax. Stupidly, the past month I have gambled lots daily whilst I was stuck in hospital ( just passing the time I guess) I have lost about £1000 ( lesson learned) and not sure whether to withdraw my application for 3 months until this in…
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Painfully slow conveyancing
We had an offer accepted on a property on 5th November, mortgage DIP by the 7th and solicitor instructed at the same time. (Mortgage offer has since been received). The solicitor seems to be really slow though and I wonder if the best course of action is lots of pestering or just leave them to it? I have asked several…
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Finance expense
If you take out a mortgage to cover the purchase price (i.e. market value) as well as extras such as fixtures/fittings and stamp duty etc., can the interest on these other costs over and above the market value be included as a finance expense to subtract from rental profits?
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Brexit vs Crossrail
Hello Everyone, Me and my partner find ourselves at a trade off with this issue. With Brexit looming and inevitably causing a crash in house prices, and Crossrail December coming 2019, should we hold off buying incase of a price crash, or buy as early as possible to get on the price rise caused by Crossrail. We are looking…
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Bridging Loan the option.
Help please, I have made an offer on a house 10k (360k) more than i know the vendor will accept. He has stated the next offer of 350k in a proceedable position will be accepted. My 3 bed house has been vauled at 425k and i am due to be on the market after pictures and floor plan have been completed on Friday. i only have…
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Emoov and Tepilo gone "POP"
Barely three weeks after putting my home on the market using Tepilo i have today been told that they have gone into administration. How a company that charges 800 quid for putting a few photographs and a description that I wrote on to a website goes bust is beyond me, but nonetheless I am no longer getting the service I…
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Upad - have u used them?
I have a question about letting online. Usually to let one of my properties I’d use real estate agent, but I would like to cut the costs a little. I’m considering switching to online letting services. There are few on the market, but me attention was caught by Upad UPay On Success service. Do you have any experience with…
