-
Rental Deposit to estate agent
Dear All I was wondering if someone can help me, my husband has recently been looking at apartments as we are seperating. He had to pay £173 to put a deposit on an apartment before he could go ahead and have financial checks. He received the paperwork but not completed as at the moment it is not something he can afford to…
-
Online Free Estate Agent vs 0.6% Estate Agent or Both?
I am planning to sell my house in Sheffield and I am debating between using an online estate agent who are free (HouseSimple) and a conventional high street one (undecided which yet but have been quoted 0.6% + VAT after sale, plus £300 upfront from two local agents - after haggling). I have had four agents value my…
-
Buying a house privately from a housing association.
Hi I privately rent from a housing association and the opportunity has come up to buy the property I am living in from them. Due to it being private, I am not doing this through a right to buy/acquire scheme and would be a standard sale. The housing association has accepted my offer and a mortgage has been approved. They…
-
"Bracket" when selling house.
Hi, We have had our 4 bed house on the market for 2 months for £330,000, as the agent valuation said. We have had a couple of viewings but not much. Other estate agents feel keen that our house would sell if we moved to them (I knew they would say that). Our estate agents are doing a rubbish job, we have finally dropped…
-
A shade greener to register at land registry
Hi all, Currently trying to buy a house and after many set backs we are on the final hurdles. Solicitor has told us a shade greener want to amend the title with land registry instead of allowing the solicitors. Our solicitor will not complete until she receives official copies- has anyone else had to wait on asg to…
-
Buying parent's house through my LTD company
My parents own their home, worth approx £250k. Both pensioners, Dad is in poor health, end stage heart failure so probably <12 months. They're asset rich and cash poor and have been looking in to equity release, which although I've not read up much on, does seem an expensive way of borrowing (for them). They're hoping to…
-
Ending Tenancy Early - Charges
Hi There, My wife and I are looking to purchase a property which should be completing in the next 8-10 weeks. We're currently renting and on a 6 month fixed which ends in December. Apparently we are unable to give our 2 months notice until December meaning the rent will need to be paid until February...making it 8 months?…
-
What to do - Shared Ownership Conflict
Hi all, I'm looking to sell my share of a shared ownership flat. We've had the valuation done as per the requirements of the Housing Association and forwarded it to them, they have accepted this, but claim I only own 40% share of the property. When we purchased, we bought 65% of the property. What do I do here? I'm looking…
-
Rejected Offers
Hi all, I am a FTB and recently viewed a property that I had seen on Zoopla. It was originally listed at £104,950 in May, it then dropped by £10,000 in June, then a further £5,000 in August, so the current price is £89,950. When I viewed the property the guy told me he no longer owned the it as he sold it to the builder of…
-
Buying a house- Enquiries show unauthorised works to the property
hi all, We are in the process of buying our first house. Our solicitors have informed us of the outcome of the enquiries made and there is one thing that stands out and requires to be dealt with. 1. The sellers were unable to provide evidence of planning and building regulations approval in relation to Partial removal of…
-
Shared access and driveway
My neighbour has bought the Freehold on her property. We live in detached houses with a shared driveway and she says we are trespassing when we are getting in and out of our cars and walking down the centre of the drive to access our garage. She has now informed us that she is having markers laid down the centre of the…
-
Second Stepper
Does anyone have experience with costing up a full electrical rewire for a 4 bed house in the west midlands? I've seen a house, but need the seller to factor this enormous cost into the asking price and reduce it accordingly. Also, what other items can you normally have reductions on, poor rendering work that would need…
-
buying a house with solar panels but no documentation
Hi MSE Me and my wife recent put an offer done on a house that has solar panels on the roof. At the time, the seller and estate agent said they had all relevant documentation. We got a home buyers report done and on the report it stated they were heating water elements. Our mortgage lender saw a copy of the report and were…
-
House on street sold for around half the asking - affect on remortgage?
Morning Last year, a house on our street sold for around half what its actually worth (according to Rightmove/Zoopla sold prices). It was advertised at £300k, and "sold" for £153k. This seems to be very unusual. The house is in good condition, in a fairly desirable area where typical houses on the street sell quickly and…
-
Buying each others house?
Hi All. After a little bit of advice... We're buying a house and the vendor of that house is buying our house. (like a part-ex). Were up-sizing and they are downsizing... Their house is costing us £260k and ours is selling for £180K. At exchange, I believe we are required to pay a 10% deposit (£26K) but i'm not sure how i…
-
Paying Auction Deposit on Credit Card
I've tried to search for an answer but can't see this exact question already answered. I'm gearing up to buy a property at auction, and in my travels I noticed that the auction house accepts the immediate 10% deposit via credit card (with a 1.5% fee). My question, just in case anyone knows the answer, is, would the credit…
-
Stamp duty question
We own 2 holiday chalets worth £20,000 each, they are seasonal march to October so we cannot live in them. They are rented out as a business. We are renting our home and have done for 18 years now in a position to buy, will we have to pay the higher rate of stamp duty?
-
Sellers solicitors not replying to enquiries
Our solicitors sent enquiries to the vendor's solicitors a few weeks ago, we haven't had anything back from them since despite both our solicitor and EA chasing it up. The enquiries are also quite straightforward/there aren't many of them. We have everything else ready apart from these. The vendors want to complete end of…
-
Buying house but delaying completion for 5 months
Hello - FTB buyer here I just wanted to get an idea of people's thoughts on my situation I'm currently looking to get onto the property ladder, i live with my parents atm I have my deposit + fees for a conveyancer however I am in the process of clearing all of my debts which total around the £4K mark I am currently in…
-
Shared ownership staircasing: HA refusing desktop appraisal
I'm currently very stressed as our staircasing has hit a roadblock. We bought 50% of a shared ownership property in 2016, and earlier this year purchased another 30% with a full RICS-accredited valuation. We then had a desktop appraisal carried out within the validity period of the first assessment to extend this…
