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Ending Tenancy Early - What if the Landlord wants to increase the rent?
We are about to put an offer in on a property, but to work out our costs, we need to look at everything, including ending the tenancy early. The rules of our contract say that we can exit early PROVIDING we pay "A charge not exceeding the financial loss experienced by the landlord" Happy with that. BUT, right now we're…
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Just Ended Tenancy
I would be grateful for some advice. My son has rented the same flat in London for just over 6 years. As he had just finished University when the lease commenced, I had to act as Guarantor (and have remained so for each annual renewal, I suppose because it suited the Managing Agents to keep my name on the paperwork!). I…
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First Time buyer. Am I stressed for no reason?
Hi all! I'm in the process of buying my first home. We have been in constant contact with the sellers throughout the process and everything has been great up to now. We have both agreed a completion date of the 20th Sep and speaking to the sellers yesterday (about buying some of their white goods) and everything appears to…
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Heating turned off need help
Hi all just started a contract today with an estate agency/management agency with inclusive bills. I've just walked in today and spoken to my flatmates to be told that they have been informed that the central heating won't be turned on until mid-october. I've spoken to the letting agent and they have said that they had an…
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Stamp Duty for an overseas buyer
One of my relatives wants to buy a holiday home in the UK. He is planning to stay while he comes over and perhaps rent it out when he goes away. I cannot seem to find the right stamp duty amount that he will have to pay. He is a cash buyer. Could you please tell me what the stamp duty would be on say a £425K property and…
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Second house
Hi, I have a mortgage on my house with my Wife . However my sister in law is in a really poor situation in which she has bought a house with her partner but they have just split up and he is considering forcing her to sell the house and as she cant afford the mortgage on her own/the bank wouldn't give her the money Me and…
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Short Lease
Hi, I am looking to buy a property with only 59 years left on the lease. The property is advertised for £140.000 and the lease renewal today is between 16000 and 22000. I don't know yet if I must wait 2 years before I can renew the lease. Last time the property was sold was in 2013 for £113000. What would be a reasonable…
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Mortgage sold to another lender during conveyancing...?
Hello, First, to give a bit of background to the question : Person A has given Person B an amount of money over a period of 12 months, on the basis that Person B told Person A that they will repay the money when the sale of Person B's house goes through. The house was in joint names of Person B and Person C. Person B and…
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Smart Currency Exchange Misled - Advice Please
In December 2019 I spoke to an advisor about the potential sale of my house in the UK. Contracts had not been exchanged and I emphasised that I couldn’t not commit to a firm date to transfer funds. I was advised that due to Brexit it would be prudent to lock in a currency exchange now with a deposit or risk losing €10,000+…
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Urgent - Can we put an offer in after saying we will buy the house?
I feel very stupid. We are buying a new build property. The house was built 6 months ago but the buyer had dropped out. It has turf, wardrobes etc included in the price. We have sent them a copy of our AIP and they have checked our chain, but not logged us onto their system yet. We have not paid their reservation fee, but…
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Dealing with a neighbouring housing estates Factor
I was advised to come to this forum. My house bordered a field and then a private housing estate was built in this field. The builder put up a wire fence round the boundary of this field which did not match my mature leylandi or my wire fence immediately behind my leylandi. We got a letter from their Factor over 2 years…
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Builder not honoring contract
Hi MSE members, I have reserved a new build flat and received a healthy reduction in price considering the market as well as the flat being the last one left in the complex. While negotiating with the estate agent, I specifically asked for a particular flooring to be included in the price. The offer was accepted and all…
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Applying for car finance during mortgage application - credit rating worrries
Hi I need to apply for car finance because we sold one of our cars to get 8k funds towards the deposit. Current situation: We have a mortgage in principle based on our deposit, we have provided proof of the deposit so the car money is in the savings account. We have had an offer accepted on a property. Now this is done, I…
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Rental Notice Period Scotland
Hi all My girlfriend is moving out of her rented flat and her landlord has got a two month notice period in her contract that she signed about 5 years ago. We are in Scotland and I was under the impression that the notice was only 28 days due to a change in the law and all notice periods agreed to before the law change…
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Deed of variation required to sell
Hi All! I’m at the very last stage of seeking my flat finally however the buyers lender has asked for a deed of variation or lease extension to be able to complete the sale. This is due to my ground rent being over the annual average at £283 instead of £250. The flat is 11 years old so the lease is quite long anyway. It’s…
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Holding deposit issue
Hi all, I moved in to my previous flat in August 2018 after paying fees and going through the usual checks. This included a fee of intent of £250.00. I was under the impression this should have been refunded or taken off the rent or deposit. I have now left and my initial deposit has been returned but when I questioned the…
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Swimming pools
Looking at houses ( 4 / 5 bed detached - rural part of the country) Came across a couple I liked yesterday ... until I realised they have swimming pools in back garden. Not fancy covered ones but open air - the sort you can use on about 2 days a year :eek: The agents make a big deal of them but just wondered if others find…
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Mortgage offer expiring - Solution oriented route to exchange possible?
My mortgage offer expires tomorrow. There will be no extension unfortunately - this has been made very clear by my mortgage broker. She is investigating my eligibility for another application as we speak. The delaying factors (apart from poor inter-solicitor communication) have been issues with: - Missing planning…
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Morgage Valuation help
Recently I put a deposit on a new build property and all was going great until the Mortgage valuation by EServ. The Surveyor attended the appointment at the sales office on the development, asked a couple of questions to the sales advisor and then left the site. I get a call from my mortgage advisor a few days later saying…
