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Advice on using h2b isa on new home
So we’re planning on buying a new build house at around £160,000 and we are going to be using the governments h2b equity loan as well as the h2b isa. Currently have more than the 5% deposit needed, just wondering is it worth still saving into it or is it pointless? Are we better off putting more than the 5% down (+25% gov)…
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Have we been ripped off by valuer?
We had an offer accepted on a property a few months ago and had a mortgage approved subject to valuation. The valuation survey was carried out by a company appointed by the mortgage lender at a cost of £750. The report said that the value of the property was estimated as being in the range of £375 - £395k, however a nil…
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Is this normal?
Hi folks So we negotiated a further £5k off the price of the house we’re buying. Unfortunately they’re using it as an opportunity to hold a gun to our head - they won’t honour the £5k unless we complete in September. In other words, the cost of the house is the same. But when the funds transfer, it’ll be less £5k. We’re…
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Advice needed on tenancy deposit scheme
Hello everyone, I quickly searched through the threads on this forum and can't find something that answer my doubts. I'm in a joint tenancy which is ending soon, with my current flatmate surrending and a new one moving in. Despite the switch is happening on the date the original contract would end the estate agent made it…
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Sole Proprietor to Tenants in Common?
Hi, My partner and I have lived in our home for some years and have paid off our mortgage. Yay! The house is only registered in his name, because at the time, I couldn't get past the credit checks for any lenders (I had only moved to the UK a year prior). Now, we'd like to change the deeds so that we are tenants in common.…
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Buying/Insuring a Listed Building with Leaky Roof
We're in the latter stages of buying a Grade II listed property that has some damp issues. It has some rising damp, that we're told a damp course injection will solve, and one area of the roof where a tile has slipped and caused a small leak (causing a small hole in the celing plasterboard). We tried to get a building…
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Selling property abroad
Hello all, I'm a first time poster, my sincere apologies if I unknowingly breach any forum etiquette. I would really appreciate some guidance. I am a British passport holder, residing in England but was born in Moscow. A number of years ago my parents gifted me an apartment in Moscow. I now need to sell the apartment, and…
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Coal Mining Report
Hi the Environmental search has come back highlighting we may need to do a coal mining report. Anyone know which type of report to get? I am buying in Warrington and it seems the whole of Warrington is on a coal field as is most of the UK. I assume this is pretty standard . Cheers
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Need some serious financial advice
Hi there, I'm a newbie to the forum, and i really need some advice. I have a house with mortgage left outstanding, I had some money to put against the mortgage (divorce agreement) from a previous endowment policy, I used a portion of it to help my mum buy her house, (housing association. My partner and i did work on my…
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Sole agency Vs sole selling rights
Hi I would like to sell my house.I received two valuation. Now I try go through the agreements to see which suits me . EA 1 sole agency contract. But I am not sure about wording. Sole Agency " You will be liable to pay remuneration to us,in addition to any other costs or charges agreed ,if any time unconditional contracts…
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Surveys on New Build
My partner and I are FTBs and have just put down a reservation on a new build house which is due to be complete within the next month, so both we and the builders are expecting (hoping for) things to move quite quickly. Should we be booking in a structural survey for before we complete, or is this not necessary given that…
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Buying from a house buying company
Hi Myself and my husband have recently been to view a house which we've fallen in love with. The house is in pretty bad condition and would need a complete refurb. The house is empty and the agent told us that it was bought a few weeks ago by a We Buy Any Home type company so they want a really quick sale which suits us as…
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I think letting agent is trying to con us (Scotland)
I am after advice My son and 2 friends rented a flat for university and as the year was coming to an end one of them wanted to stay on and my son and his other friend needed to leave. The lad that wanted to stay on found 2 other friends with which to share. All 3 went to the letting agent to ask their permission to do a…
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Tenants Fees
Hi, i am due to renew my contract for my rented house in the next month, the letting agent has said there is a £90 fee to renew for another year, were these kind of fees not abolished in june as part of the new Tenants Fees Act 2019? Thanks!
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Do we really need to move?
We currently live in a 2 bed terrace home in an area we want to live , low mortgage and low bills, we have 2 girls, 4 and 8 years sharing a bedroom , I have always wanted a bigger place, 3 bedroom, garage etc, I now earn more so could probably afford it, but then my wife always says the kids won’t be living with us…
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Signing House Over To Children
Hi All, I am a single parent with 2 small children. I have only a very small mortgage left ( 2 - 3 months ) on the property. I am considering the pros /cons of signing the house over to the children now! But I don't know a great deal about the impact of doing this! Am I right in thinking that potentially I could just sign…
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Vendor Removing Deceased Father From Deeds
Hello, thanks for looking at my thread! I'm hoping someone can help me? I'm currently in the process of purchasing a property which is now vacant. I'm purchasing from the son who is executor of the will and has grant of probate. The Father who is deceased is the only person on the title deeds and he does have a will, there…
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Purchasing property with Notice of Home Rights
Hi all, Not sure if anyone can offer any advice on this. We're currently looking into the possibility of moving house, and have seen a property of potential interest. It's leasehold, so I have paid to download a copy of the Title Register to check the details of the lease. It looks like it has 852 years left to run, with…
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Wanting something in writing before signing a TA
Hi, I am looking to rent a flat. So, I asked the letting agent about whether there had been any complaints lodged by the previous tenant against the neighbors. They went on the their system and said no complaints were made in the past 4 years. I then asked for this in writing, and they said they will not do so, because it…
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Title deeds mixed up with next door at Land Registry
Hi, I’m in the process of buying a house and have been told that the title deeds are mixed up with next door at the Land Registry. When you search my address on the portal, the title deeds for next door are linked to it although the address on the actual deeds is correct (I.e the neighbours) and vice versa. It stems from…
