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Negative Equity
Hi, I am a little confused regarding negative equity if anyone can help?! Say for example I purchased a property now on a 5 yr fixed rate mortgage. Next year Brexit causes house prices to fall and I fall into negative equity... can a mortgage lender demand the money from me? (assuming I always pay in full and never fall…
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Old paperwork?
How long should you keep old conveyancing paperwork from property no longer owned?
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guarantor disater
i recently met a man who moved into a rented flat , he needed a guarantor. i reluctantly signed that i would be his guarantor. The contract was never witnessed i just signed at home and gave to him .Unfortunately our relationship collapsed , i informed him that i no longer wanted to be his guarantor and that he had to find…
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Buying Smokers House - Cleaning Options
We are looking at buying a property that has been heavily smoked in. The stale smoke smell is really really strong. The furnishings in the property are pretty good though so we wouldn't be looking to change them immediately. We're thinking about using a company to professionally clean the house before we moved in. We've…
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Trying to rent
Evening all, Just after some advice if possible, My partner & I are currently renting a 2 bed flat from a friend, he has recently told us he is looking to sell. This isn't an issue, we always knew it would happen a some point. The problem we have now is both our credit ratings/scores/reports are pretty bad, & unfortunately…
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first time buyer .. survey questions
Hi forum people, i have been reading all your posts for the last few weeks now and i really appreciate how people take their time to reply to questions. Here is my: we are first time buyer with my wife and we saw a property that we liked. we submitted offer above £1500 the home report price and was accepted but after…
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Tenants receiving post from landlord's lender
Hello, I'm living in a rented house and have received a letter from the landlord's mortgage company. I then looked up the title plan and the landlord's address is this one too. The letter says: "We've been attempting to write to the above borrower at this address which has been returned... If you can provide a…
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Gazumped after paying fees!
Okay so I’ve read a few threads and seen that this is common. We bid on a house through PB two weeks ago. For the past week I have been getting emails to say that the sellers were still accepting house views via email. We put it down to site issues. (We were foolish). In the two weeks since our bid was accepted we have had…
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New build snagging - any recommendations?
Hi all My new build is due to complete in March so I'm starting to look at snagging companies. From my research, it seems as though the consensus is that getting a snagging company to do an inspection is worth the money. So we're now looking at the wide range of companies trying to work out who the best option is. We've…
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Owe landlord money? Needing new address!?
Back story- So I have a now 2 year old when we moved in she was turning 1. Place was great until it got ghetto noticing mould come through paint things falling apart that’s what you get when you pay 725 a month. I guess. Landlords dad lives in building constantly watching us, people have broke into the building nothing was…
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1 bedroom vs 2 bedroom - London Advice
Hi all, recently moved to London and been thinking of getting my own place. Chatted with a broker and provisionally approved for 350K plus my 20k deposit. Still not too sure on which area(currently near Wandsworth bridge and like it but its a bit of a commuting dead zone although I cycle). Hammersmith, shepherds bush,…
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Moving back home to save money?
Hi.. I don't know if this is the correct place for this thread, Apologies if it isn't. So basically back in June last year I moved into a cosy one bed flat in my local area, worked out my budget and i've been sticking to it really well, even saved some money here and there each month which has been great, even with…
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Need to relocate due to jobs - sell now?
My wife and I need to relocate from York to Sheffield asap. We currently own a home in York (60% LTV). We're not sure whether to rent our home out in York and rent in Sheffield while monitoring Brexit or just go ahead and put our home in York on the market and see if we can sell.
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council tax payable on main residence and rental property
Hello, could some on advise on this situation please. My wife and I currently live in our main property and pay the council tax as normal. In February, my work are relocating me to another part of the country and I will have to rent a property for 6 months. Are we able to claim 25% discount for single occupancy in our main…
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Flat address does not exist
Hi everyone, Last year, I moved into a studio flat above a shop. There are (I think) four flats in the building, two that have two bedrooms (A and B) , mine, and what I think is a fourth, but which does not have a number on the door. My understanding is that everything is owned by the one landlord. All bills are included…
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Stamp Duty question for Shared Ownership
Can someone advise, I am a little confused with what Stamp Duty I will have to pay for my upcoming purchase of a Shared Ownership apartment. I thought I had it clear, but in the last budget they announced a change for first time buyers purchasing a Shared Ownership house under £500k and I just can't seem to get my head…
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Which area is best in Zone 3?
By best, I mean with most cafes and restaurants, shopping centres, etc Thanks!
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Housemates cat smells and breached contract
Hi all, So I have recently signed an AST agreement about 10 days ago. I found the room on Spareroom and The advert says that the current tenant of this 2 bed flat has a cat and a hedgehog. She’s been renting since November. After I signed the contract i found out that the Letting Agency does not know about the pets. I am…
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Time waster viewers
I am sure we are not the only ones who spend ages ‘staging’ their property prior to viewings to make it look at its best. Probably takes us a couple of hours of cleaning, possession and dog moving, car moving etc to get the place looking at its best. And then for the ‘viewers’ not bother to turn up really pi**es me off.…
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Succeeding a tenancy
So a little backstory, I am 27 live with my parents and have a daughter at the age of 4 from a previous relationship I take car of her 5 days a week My partner is 23 she lives with her parents in a 3 bed council house has done since birth, the parents are currently planning a move to Scotland obviously my partner does not…
