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Survey - no idea how to interpret?!
Hello all, I had an offer accepted on a flat and mortgage approved. However, my home survey has come back and it seems very negative - wondering if people have thoughts re next steps / whether I should walk away. Areas highlighted as urgent by the survey: Damp: the property needs a new DPC to stop it getting worse; however…
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FTB seeking advice from older wiser adults
Hi everyone, I am in my late twenties and in the process of buying my first property, a flat. My offer was accepted in early May and I got right on it, applying for my mortgage and getting a formal offer, starting searches, getting the valuation done etc. When I was shown around the flat I was told by the EA that the…
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Advice on buying our rented property
We are currently renting a property which we are in the process of buying. We just had a letter to say that the landlord has not been paying their mortgage and are now being taken to court for repossession proceedings. Can anyone offer up any advice about where we stand with the purchase now?
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Contract to sign
With it being Saturday, any advice before Monday when solicitors open again, would be great. I'm buying a property which at the time my offer was accepted I didn't know it would have to go through Probate (seller is executor of his mum's estate and her name was still on the deeds not his) Since this, I was told not to…
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Stamp duty question
Selling our house, buyers have an outstanding query as to how much they would have to pay in terms of SD and its taking an age for them to get confirmation from HMRC (can't get through to the helpline, tried for 3 days solid now). Buyer is living in a park home at the moment (up for sale, no buyer yet) buying our house…
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No fee solicitor for house dispute or pay one upfront?
Going to speak to a solicitor about some issues we've had since buying a house. Wondering if the no win no fee solicitors work in this kind of issue, or if actually it is worth investing in paying a solicitor upfront. What do you think? Has anyone had experience using the no win no fee companies? Are any better than…
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Deposit or Debts
Hi I'm lookong to buy a new build with my partner but we are on a deadline to get the deposit for when the house is released for sale. I currently earn 34k and she earns similar. Is it better to pay off my 2k credit card (0% interest and no other debts) or will this not effect mortgage chances and I can focus on more money…
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Management director issues
Hi all, Sorry if this is the wrong forum, I wasn’t sure where to put it. I live in a freehold house (mortgage) and pay £25 a month towards a management company that “sorts” issue around the area eg grass cutting. As we live on the end of a terrace we bought the land at the end to extend our garden. Average price, maybe…
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Subsidence
A friend viewed a bungalow yesterday and some of the internal wall had very big cracks, would that be subsidence or would external walls also be cracked?
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Landlord Question - Whose name should be?
Hi all We are looking to rent out mothers house to help fund her nursing home costs. Both my wife and I have LPA over her affairs as she is in early stage dementia. There is a complication within the arrangement as mother only owns 50% of the property as her deceased partner's family own the other half. As they agreed…
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Minimum bedroom size - social housing
I could not find a section to post this in - hopefully someone on here may be able to help? I know there are rules about minimum bedroom sizes in HMO but I can not find anything to challenge the classification of my HA rented flat from a 2 bedroom to one bedroom. It is nothing to do with "bedroom tax" as I do not claim any…
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Taken to court over deposit, but work never carried out!
A student in need of advice! Our landlord has decided to take us to court over a portion of our deposit. He claims over £400 for cleaning and £15 for a wobbly door handle and £100 for weeding. We disputed the amount as we felt the cleaning fee was too high, the wobbly door handles were discussed with him verbally and can…
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What convinced you to move into your current home?
Well I got a new job and found a place which was a 5 minute walk from the place where I work.
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In a rush to sell, but buyer hasn't instructed valuation or solicitors
I sold my house 3 weeks ago, it sold within a few days as I put it on the market slightly below market value. I needed to sell quickly as the reason is I want to move nearer to my mother who has recently been diagnosed with cancer and will need some care due to an operation and chemotherapy. I bought a property a few days…
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Changing solicitors before new mortgage application?
I've just come to the end of a 6 month journey with what I think is not great solicitor on account of my mortgage offer expiring in in 4 days. The offer is not eligible for extension so reapplication is necessary instead. I would like to change solicitors. The sellers solicitors are baaaaad for sure but I think their…
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Buying a leasehold - should I be asking any less obvious questions?
Hello, I am a FTB, I am buying via the Northern Ireland Co-Ownership scheme (buying 65% of the property) and I have already found and agreed a property and secured a full mortgage offer - next week it becomes legally binding on the bank. I am head over heels in love with the new build that we are buying. However, one small…
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Mortgage or just a loan
Hi there I'm eligible, and would like to buy my council flat (right to buy),I need to pay 50k after discount, as its small, So ,for 50k would it be better to look some kind of loan or mortgage? Many thanks
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Sell house or rent dilemma
Hi Me and my brother are in process of putting my parents old house on the market the house is valued at around 180-200.k . After speaking to a friend who has 2 rental properties, he thinks I should buy my brothers share out and rent the property out. I would probably get around 600 per month gross for the house I…
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Renting in Hampton Peterborough year increase
Hy everyone, Hope you are all well. Looking for some advice if anyone can give me. I am renting a HMO in Hampton Peterborough UK and the landlord is asking to put the rent up by just below 5% (4.76 to be exact) Looking around at UK average % increase on this website seems to be around 1.4% for private landlords. This is on…
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Should I extend out or up?
Hello folks. Wasn't too sure where to post this. Hopefully good here. I'm after some thoughts before speaking with architects etc. I have a late 70s bungalow, and I'm looking to renovate. I have two plans in mind, one is to extend out and the other up. The decision will be made somewhat based on costs. Problem is, I can't…
