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Building with uplift clauses question.
My son is in the building trade and we've had this idea to possibly save him some money for his first house and in an area he wants. Our idea is to sell our house and buy another for cash, if were short, he will lend us the difference (so no hassle with building societies) with large garden suitable for building on. We…
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Two mortgage offers
Short question- can you have two mortgage offers ? We had offer accepted on house in September sellers said they wanted fast sale and would complete when we needed them too... fast forward to December and we’ve signed and paid deposit while they’ve only just applied for their mortgage offer! The sellers have since changed…
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All Fallen Through - It's complicated!
We purchased our new build shared ownership house in 2015 (50% share). Within the leasehold title there is a restrictive covenant that states the house has to be offered back to the housing association for first refusal at sale for a period of 21 years. We then in 2017 staircased to 100% and bought the freehold (this also…
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I feel stuck!
My wife and I live just outside Edinburgh in a nice part of our town. We have a 3 bed Victorian semi that's full of character with big rooms, though as we are in Scotland, the house could be yours for a mere 200K! Estate agents have suggested 225K which I could see happening, but my 'not being greedy' figure would be…
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Declined Consent to Let
Hi Everyone I bought my flat in May 2016 with a 5% deposit to get me onto the property ladder. A few months ago I told Santander (my mortgage lender) that my circumstances would be changing soon, as I want to rent my flat out to move back with parents and go to university in september 2019. On the occassions I spoke to…
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Simple contract of sale for garden land
I don't know if anyone can help me with this but i am looking for guidance on the format for a contract of sale. We are purchasing a small piece of land from our next door neighbour and I need to draw up a contract of sale between us. I've sorted out everything else involved with this purchase/sale/transfer of land as we…
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First time buyer - HTB scheme query
Evening and Happy Holidays everyone! :) First time home buyer here looking to move out after the new year now that I have some savings, I will be moving out on my own and looking for some guidance with mortgage/fees/help to buy scheme. I have my eyes set on a new build property costing 218k which is offering the standard…
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Purchasing 50% of parents home.
I am considering purchasing a stake in my parent's home and would like some advice on my assumptions. Current State: - My parents live in our family home and own it mortgage free. - My legal primary residence (Bank statements, voting register etc) is the same home. - I work at the other end of the country (Residing as a…
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Where would you recommend in Hampshire?
Hi. We currently live in a nice town in the West Midlands as Selly Oak/RCDM was my last posting before I retired from the RAF in 2016. I used to live/work in Gosport when posted to RH Haslar. We have some very good friends who live in Rowlands Castle and whilst we like it there we wouldn’t want to live in their pockets and…
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Selling: Problem that I don't know about boiler/electrics?
I moved in here in late 2016, shortly after which 'life happened' and I didn't have the wherewithal to do more than the most immediately required maintenance. The boiler was last serviced in March 2016, and I have no idea when it was installed. I don't know anything about the electrics except that the whole place was…
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Council tax improvement indicator
Hello, We completed in April. Our property has an improvement indicator on the VOA site. 2 questions... first - how long does it take for any change to go through? 8 months is a long time!! Second, do they back date the change to date of purchase? I'm squirrelling away the difference each month between Band D and Band F…
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First time sellers
Hi We put our house up for sale at the start of December, having been told by the several agents that came that this time of year was now a good time to sell and many serious buyers are around during December. Our house is in good condition. It’s an old property but has a new kitchen and bathroom (which many of the viewers…
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Buy a home to do it up myself
I want to buy a 2 or 3 bedroom property in London, but I want to do it up myself completely, from scratch (door frames, kitchen, everything). In Rightmove I see almost exclusively properties ready to go, so first I'd pay the premium for buying a ready to go property, and also I'd need to tear everything down and do it…
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How can I rent a room without agency?
my wife and me want to change my located so we want to find a new area for my family but I found in alot of place but all they are agency. how can i find room without agency, I have to say: Agency is everywhere... So Crowded
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First time buy, damp and other issues
Looking for some advice please My partner and I are in the process of buying our first house but our survey has come back that the property has damp in several spots and further investigation is required. It states that the DPC has likely failed but it's evident to the surveyor that damp proof works have been done recently…
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Buy to let purchase options
Hi, I have always wanted to invest more in property and I've been trying to work out the best option I have with investing into a buy to let but I'm not sure if I'm missing something... I have the option of releasing some equity (£40k) from my home which would be the deposit for a buy to let (using 30k of it as the 25%…
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Completion Day Likely Time Of Arrival At Vendors Solicitors
Hoping someone with knowledge experience can give me a bit of a likely time frame excluding unexpected banking events, drones flying close to CHAPS system etc :D Friday completion day has been avoided for apparent reason Reason being planning to travel with removal van on completion day ideally leaving as early as possible…
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How bad is REALLY bad...? (Survey)
I suspect I already know the answer to this, and it is a bit of a how long is a piece of string scenario, but we've just had the full survey back on our first house purchase. It's a 1920s house with around £20,000 of repairs needed (scored red). About £10k is landscaping that we were aware of prior to our offer, due to…
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What would make me better off in the long run?
I'm 24, living at home and have been saving up for a property. I've always been against the idea of renting and for the idea of buying as you'll actually own an item of value eventually. I'll have over £20k in the summer next year. I'm now thinking, if I moved out in the summer next year and chose to rent instead of…
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Just wishing you all in this thread ...
A Happy Xmas and amazing 2019... for those going through the house buying and selling process as I am , with all it's trials , tribulations and horrid stress lets hope all of our problems will end and completions , new tenancies , rentals and everything in-between and happy endings for all. I dip in and out here and…
