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Shared Ownership (max you can afford)
Hi, With new build Shared Ownership homes, they say you are expected to buy as much of the property as you can afford, so if you have a lot of savings, you will need to put a large chunk of that towards the deposit, and you will also need to borrow the maximum mortgage a lender offers you..... Does anyone know how much of…
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Land in Flood Zone, but not house
Hi All, Just a quick question about mortgages on property near a stream: On the gov flood map, the edge of the land of property we may look at is bordering a stream/small river (not seen it yet). As such, that edge of the land is flood zone 3 but the building itself is not in a flood zone. Another similar property we may…
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Help with trying to get house sold.
Hi all, Myself and my EX can't come to an agreement on price or agent (basically EX is dictating and inflating house price even after valuations were carried out) as the only thing we can agree on is it needs to be sold ASAP (although I suspect she is just saying this as her behaviour says otherwise). My solicitor has…
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Asked for bills 2 years after moving out
Hi all, Appreciate any input on this. I have recently been contacted by a previous landlord of a property I moved out of 2 years ago and lived in for 4 years saying he didn't get round to sorting out the bills and will therefore be calculating what I owe him. Technically in the contract it stated that I was liable for my…
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Understanding the mortgage rate calculator
I've been recommended the Money Saving Expert mortgage calculator. I'm interested in working out how much I'll be paying back if I bought a house based on my savings and the price range for my property. I just wanted to check I'm doing this correctly: If I'm looking at buying a house around £150k with a £25k deposit, would…
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Does Rent-a-Room apply?
I'm planning on taking in a lodger and renting out the top floor of my house (two good-sized rooms and a shower room), and hope to be able to take advantage of the Rent-a-Room scheme. However, reading up on it, this sentence has puzzled me - Alternatively, a resident landlord can take advantage of the Rent a Room…
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Environment Search
Morning, I’ve been offered an additional search by my solicitors for a home we are in the process of buying. It’s an ‘optional extra’ yet is recommended to have. The house we are buying is 1930’s period. Just wondering if others purchasing a house of similar age would continue with this additional search or if it’s…
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Help To Buy - Equity Loan Pay Back?
Hi, I took out a Help To Buy equity loan to buy my first house 5 years ago. I have just come out of the interest free period and I am currently considering if I should re-mortgage my current mortgage to pay off the equity loan or keep the equity loan and just pay the interest (interest currently at 1.75% and rises…
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Help! Deposit stuck in pension bureaucracy mess! What can I do?!
So I thought I had all my ducks in a row ready to purchase a house...and now disaster has struck! I have savings to cover fees. I had my MIP certificate done through the recommended brokers and it's ready to go(great broker) I have two ISA's And I have the bulk of the deposit in a foreign pension/annuity that I had begun…
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Current landlord provided incorrect information when referencing
Hi All, Can someone help at all? My current letting agent/landlord provided incorrect information about rent payments when providing references what has resulted in the application being unsuccessful. Further, we have lost the possibility to rent the place and lost £300 even though the landlord has corrected their mistake.…
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Barratt Homes sold me a house with views and then sold my view to my neighbour!!
Hello, I was wondering whether someone would be able to please provide me some advice? I purchased my new build property from Barratt Homes in August 2017. I was reluctant to move to the area as it had a bad reputation. However the property was on a street with 5 homes and was facing a grassed area and woodland - which is…
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Help 2 Buy issue
Hello everyone, Big fan of the forum, helped me out a lot over the years - hopefully this problem can be rectified! I bank with Lloyds and opened a Help 2 Buy ISA in late November online. I then went to transfer £1,200 around a week later into the ISA when I'd been paid. In late December I then logged on again to pay in…
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Is this a good idea letting tenant stay while trying to sell
Just wanted to make sure there aren't any things I haven't thought about in this scenario and you guys are very knowledgeable. I've rented out my previous marital home on the South Coast (Hampshire) since Oct 2016 and my current tenant has been there 1 1/2 years and her fixed term ast ends 31/3. She texted today as she…
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Putting an offer on a flat during Brexit votes
Hi all- me and my partner are first time buyers in Liverpool and have found a 2 bed flat we want to buy (valued at £129k). We have a mortgage in principle until April 2019. With the recent outcome of the Brexit vote, we are now feeling uncertain about when is the 'best time' to put an offer in. Was going to do it tomorrow…
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Scottish law help: Charge to Pay order from Sheriff court, unpaid factoring bills
I have received a Charge to Pay order from the Sheriff Court. This relates to unpaid factoring bills from a property I rent out. The backstory is I had several disputes regarding some of the work the factor organized. One builder left a significant amount of debris from their job so I contacted the factor to complain and…
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Moving in with boyfriend and Cohabitation agreement
Hi, I was wondering if I could get some advice. I bought a flat (by myself) recently and want to ask boyfriend to move in with me. We are very much in love and already planning our future together. However I want to be realistic and protect my property in case things go bad in the future. I am planning to ask him to pay me…
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Renovation complete ready to let
Anyone interested in the finished result of a lot of hard work project Generous is ready for inspection, any comments / suggestions welcome!! https://www.rightmove.co.uk/property-to-rent/property-69473851.html Edit* Don't suggest I Iron the curtains, I draw the line at that one.
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Written offer branded too 'formal' and offputting!
Hi, I'm based in Belfast and trying to buy a house with my partner. We're FTB and have done lots of research but no real world experience. We've put an offer in on a house, and have ended up about 6% below the asking price, matching another bid by buyers in a chain. We made the offer on the phone and followed up by…
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Noisy neighbours
Hi, I just bought my first property - a ground floor flat (built around the year 2000) and the noise from footsteps upstairs is extreme. They also have kids running around. I do feel stupid not investigating this properly before my purchase - I think I was so wrapped up in the mortgage and legal side of things I didn't pay…
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Splitting a Council Tax Rebate with flatmates long gone
Just found out we have a rebate due from a dormant account. Low level, amounts, under £100 each. We've tried contacting an old flatmate for their share but aren't getting a response. How long should we wait?
