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Nightmare about buying
Hi guys, I have to confess that I have no idea where to start and what to do regarding finding myself to step on property ladder, having said that I mean I have asked from few banks and people but at the end my brain fuse blown up as I didn't understand anything. So if I have a salary under 27K and my partner salary is 20K…
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What would you do in this situation?
I am currently renting a house from an acquaintance of my parents. I have been living there without drama for 18 months. Some relevant points: - deposit paid but not protected - no check in inventory - landlord not registered with Rent Smart Wales - no gas/electric safety checks or epc - property had been rented to 2…
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consent to let help
Hi MSE I'm new here so not sure if I should post this in the mortgage section or here. Apologies if its wrong! Ill try and keep it short and sweet but please ask for details if im not clear on anything! I have a 2 bed house in Birmingham city centre, last Christmas I met my girlfriend. Things are going rather well and I…
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Buying new house; use equity or not?
I have fully paid off a mortgage for a flat, which I am letting out to tenants. I am currently living in another flat with my partner. We are thinking about moving to another property, probably a new house. I have some savings for a deposit. How do I figure out if it is better to use the equity from the flat I now…
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Ex landlord
We moved into a private rented house year and a half ago as we moved from London due to money problems. My partners sister got us up here and her husband had the keys at the time... The landlord didn't even come to the house or check it before we moved in, we was just happy that we was away from London and all of our…
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what to ask when buying share of freehold
I recently bought a flat, a leasehold, goes without saying, has 100 years left remaining. I dug into see if there was an option to buy a share of freehold, and there is. Excellent I said. There are about 70 flats of which 60 of them has a share of freehold. Furthermore, the owners of these flats decided to buy the freehold…
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Extension without planning, building regs, or covenant approval
We are working through the process of buying a house built in 1900. At the last minute, it has become apparent that two changes have been made to the property over the years without planning permission, building regulations approval, and in breach of a restrictive covenant, which is in favour of the National Trust. The…
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Selling a high value house quickly
Hi All My single parent needs to go into a care house. He owns outright a house worth in excess of £1m. Classic hoarding and we will need to clear it. It hasn’t been well maintained. Once cleared should we sell at auction. I know about normal house buying but how do auctions work please?
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access way indemnity policy
In the process of buying a house where the 3/4 mile access lane is in a neighbours ownership. The sellers are taking out an access indemnity policy. How does that help me to get right of access sorted as a buyer with the neighbour, as the sellers do not wish to do this? They have had vehicular access for 20 years+ but…
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access way indemnity policy
In the process of buying a house where the 3/4 mile access lane is in a neighbours ownership. The sellers are taking out an access indemnity policy. How does that help me to get right of access sorted as a buyer with the neighbour, as the sellers do not wish to do this? They have had vehicular access for 20 years+ but…
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Stamp duty on shared property
Hi all, Myself and sister inherited a house a few years ago which we decided to keep and rent out. If one of us decided to sell our share and the other decided to buy them out I assume the “buyer” would be liable for stamp duty on half the value of the property? Just wondered if somebody could confirm this please. Many…
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Old boiler removal from sidewalk
Hi, Yesterday the landlord changed the boiler. The plumbers left the old discarded boiler on the sidewalk in front of the house. That garbage cannot be left there... Please, I am confused, what am I supposed to do? Thanks for your suggestion
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Concessionary purchase?
After getting rid of nearly 13k worth of debt me and my partner are £400 off being debt free and hopefully in a few months will be ready to buy his mums house. What we want to know is how does a consessionary purchase work exactly and what will his mum need to do? I’m guessing she won’t need to pay an estate agent as she…
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Buying siblings half of bequeathed house.
My wife and sister-in-law together own their late father's bungalow, probate is over and done with our house is sold subject to contract and half the market value for the bungalow has been agreed by both parties. We have now been told by our solicitor that my sister-in-law must get their own solicitor to deal with the…
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Should we give our flat to the inlaws?
My wife and I are in a dilemma as we plan to buy a new home and are trying to decide if it is a good idea to gift our current flat to her parents for free to give them a more secure, settled retirement, or would it make better economical sense for us to retain ownership and rent it to them? There are implications for SDLT…
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Council tax after renting
Hi all. I have a question regarding council tax after leaving a rental property. I'll keep it as short as I can. I left my rented property after 4 years and 10 months. This was 3 months before the end, and was due to the neighbour harassing me (And there are plenty of 999 calls, crime numbers, and council anti-social…
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Building Indemnity Insurance
I need some advice on indemnity!insurance. I might not need to use it at this stage but would like to understand where I stand legally in terms of cover and the procedures. I've!purchased a maisonette which is part of a two flat conversion!of a house with!a!lease that stats that both leaseholders are responsible!for the…
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Boiler room issues in council block
Hi there! I just bought a flat in a brick council block, the flat is directly above the boiler room which supplies the block. Unfortunately there is a continuous whirring noise from beneath which is intolerable. I have contacted the council for help, they have come round and told me the noise in my flat is too loud (don't…
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Using LISA before probate?
Hi, I wonder if anyone knows the answer to a question like this... If someone has a deposit saved up in a LISA and was about to buy a property within the next few months, BUT will be inheriting a share of a property through probate (when it's completed) can the LISA still be used and a property bought (with the Government…
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How to buy 50% of an apartment?
Hi all, I am a first time buyer. I am looking to buy 50% of an apartment where the original market value is £400,000 in London. So I am going to pay 200K in cash. The apartment is a normal apartment being sold from a private owner and not on a shared ownership scheme. I know the landlord personally (a friend) and I can…
