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Stamp duty and Trust
Good Afternoon im currently looking at selling my main abode and moving into a new house. i current own 2 houses on that is in a trust that my trusties on and im apart of it and one that i own out right. I've been informed that i could end up paying 10k stamp duty because it would be class as a second home? is this right
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HELP! Charge on House HELP!
Hope someone can help. (09.05.2007) RESTRICTION: No disposition of the registered estate is to be registered without a certificate signed by the applicant for registration or his conveyancer that written notice of the disposition was given to Aa Personal Finance Limited at care of Eversheds LLP of Fairfax House, Merrion…
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Buy now or wait for after Brexit
We found a property we really like, and will be putting in our final offer which is £10k under the asking price, which the estate agent has hinted will most likely be accepted. We have our own property to sell. Both in SE London, 3 bedrooms, we are upgrading to more living space, bigger garden, etc. I am bit nervous about…
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Help - Mortgage valuation on property deemed not 'suitable security'
Hi, my boyfriend and I are first time buyers and have recently had an offer accepted on a property that needs extensive renovation. We don't currently have the funds to do the work upfront, but plan on living with his parents whilst we renovate. We passed all of the financial/legal checks and everything was going fairly…
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Rent deposit?
I am a landlord and my current tenants contract is coming to an end which I will be renewing, what do I do with the deposit which has been protected do I have to reprotect?
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Is BTL still profitable in 2019 ?
Hi, I could really do with some sensible advise. I have been left 120K. The person who left it to me was a real entrepreneur and would want me to do something clever with the money. From my research it would seem the sensible thing to do would be to pay off the mortgage debt......but I am wondering if there is some way I…
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Newbuild or renovation for insurance purposes
Hi there, Hi there, Not sure if this is best suited to the insurance section or here. We are in the process of buying a new home. The property in question was originally built in 1954 but was converted from a single storey bungalow into a two storey dwelling in 2015. Planning permission is for a replacement building, but a…
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Management pack when selling
Hi everybody, Myself and my boyfriend are in the process of buying our second property. It’s been a long process however we had confirmation from our solicitor that she was going to send out the contracts for us to sign today. We have just received an e-mail from her saying that the buyers solicitors have just come to her…
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Buying New Build....House built the wrong size.
Morning everyone. I wanted to find out if anyone has been in a dilemma like what we are in at the moment. We have exchanged contracts on a new build home. The house is still being built and has just had its roof put on. A few days after exchange we got a call saying the house has been built to previous revised plans and…
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Want my property back
3 years ago I let my flat out with a 12 month AST. This ended but I let the tenant carry on at the same rent. I moved back to my parents to clear some debts and save money. I had planned to try and buy another flat for myself but due to deposit size, house prices and stamp duty I can't really afford it. Tenant has been…
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Debt to income ratio
Hi, Does anyone know what is classed as a good debt to income ratio? Im about to apply for a mortgage with Halifax Thabks
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Stamp Duty Question - Queensland
Hi 1. I bought a property with tenants in Jan 2019 and tenants lease expires on 11 Sept 2019. 2. I am the first home buyer. 3. Tenants have signed Notice to leave property on 30th June 2019, so basically current owner provided them some incentives to break lease early. 4. Settlement Date was decided as 03 May 2019.…
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Buying house - fixtures fittings chattels
Hi All, We are currently in the process of negotiating a sale on a property We are in a fixed term mortgage so will be porting this - our lender will accept a 90% loan to value ratio on properties up to £500k with requirement of 85% over this I believe the best price we will buy the house for is £510k however we would be…
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Visitor to house
A close friend was recently burgled and as a result she is scared to move back into her rented home. Her landlord is abroad but is trying to put in alarms etc and modernise. I offered for her to stay with me while this was sorted - I naively assumed that it would be for a few days. But we are now in the second week and she…
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First time buyer.. Buying a house in need of full renovation
Hello, I am a first time buyer and have found a lovely house for sale. This is an empty house, in need of compeltle renovation. Central heating, front and back doors, windows, kitchen bathroom, plastering, flooring decorating and rewiring to name most. (this is before any structural surveys) This house needs about 30,000…
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Adverse Possession - Help Please!!
Okay, so I’m not entirely sure whether this is the right place to post this question or not as I’m totally new to the forum. I have just discovered that a strip of a paddock we own has been adversely possessed, for the requisite time and the possessor Intends to register possessory title to the land through the Land…
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Persimmon
We found our perfect house, first time buyers and are very excited. However we are going to through to reserve our plot as we speak, I was wondering what people managed to get out of persimmon without paying? For example washer, flooring so on. I understand you don't get that with new builds but I know if you don't ask you…
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Can you pay for a home report (Scotland) with a Credit Card?
Is it possible to pay the surveyor for The home report on a credit card? Before I get the “how can you afford a mortgage if you are having to do this etc” We have a lot of equity on our home to enable our deposit, moving fees and to clear our debt. We just need to get a shift on and get on the market. Thank you in advance.
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No dispute Boundary Issue on title deeds
Good evening All Please could someone give me some advice re my title deeds. We are selling and have come across an urgent query! Half of my garden is missing from my title deeds! There is NO dispute with land registry or the builders i bought it from as new in 2006, that my garden has not been added to my title deeds…
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Is property buying/selling always completely caveat emptor? Or can you sue/be sued?
Hypothetical question. Say I'm seriously injured by, e.g. a major electrical fault in the house I've just bought, or, conversely, someone is badly injured in a house they've just bought from me due to a significant defect. Are there any circumstances in which legal action could be taken? For example, it's strongly…
