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Change of solicitors two weeks before completion
Does anyone have any experience of moving house with a solicitor change with 2 weeks to go? We were informed of the change Last week but were advised that as the new solicitors were in receipt of all paperwork this wouldn't be an issue. However we've been informed today that it could extend everything significantly,…
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Renting with big savings but no income.
I have big big savings but no income. Would it be a problem for me to rent ? I could offer to pay 12 months in advance but that may not be accepted and the money would be wasted if I moved before then.
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Costs to Consider with Buy to Let
I am interested in buying a property, with a view of Buy to Let, as a long term investment. Currently I am renting, but hope to buy or build in the very near future. The house I am viewing has a mortgage of approx £400/Month and current rental income is £700/Month, with long term rental a on this house a viable option. I…
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Am I right to be paranoid?
Hello guys, I have been hovering around this forum for a couple of weeks and thought I would get your thoughts on what is going through my head. Now I signed with and EA not last Saturday but the one before with a 14 day cancellation policy. It went on the market last Tuesday so just over a week, now I’m not naive to have…
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Discovered another property is using our electricity and water
We completed purchase on 29th August and two weeks later we discovered we are providing electricity and water to a stables on land which used to be owned by our vendor but was sold off separately in April this year. I discovered this by pure chance as I thought I was turning off the fuse to our woodshed, then got a knock…
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Leaking gutter, subsidence, insurance, help!
We bought a 4 year old house at the beginning of August and moved in. We didn't get a survey because the house was only 4 years old and being totally clueless, we asked opinions and most said it wasnt worth the paper it was written on and evidently we were silly not to have done so. Anyway, we moved in and noticed a patch…
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Should I try to sell my buy to let property?
I have a property which I used to live in which is currently rented out. It's probably worth about £140k and it currently has about a 90k interest only mortgage on it. The mortgage was £170 a month has currently ended and has risen to £370, but I haven't changed the mortgage as yet as I am considering selling and it would…
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Relocation service - estate agent
Has anyone here used a relocation service from an estate agent please? Any advice? I didnt even know such a thing existed until I was told this morning. No company does things out of the kindness of its heart so Im wondering what the catch is? A hefty fee? Any advice much appreciates as its been over 17 years since we…
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3mm crack prospective property
There is a 3mm crack running between first floor window and top of ground floor door. I can’t see crack going into foundations. But to make sure it is not something big the surveyor is suggesting that seller should contact their insurance and get it checked. This insurance can be transferred to us once sale complete.…
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When should missives be completed in Scotland?
Help! My house in Scotland was under offer with the move out date to a new property I’m buying on Oct 4th. A woman was supposed to be buying here and last night I got a call from my solicitor saying she had backed out with no reason from her solicitor other than she’s changed her mind, the move is 10 days away! I have so…
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Advice wanted - Tyneside flat agreement roof repairs
Hi everyone Wanting a bit of advice please. I own a leasehold first floor tyneside flat and need some repairs to the roof. The downstairs flat is currently vacant but I believe I need to contact the freeholder to ask permission for access to their yard to put up scaffold for the roof repairs. How would I go about…
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New home 'freehold' management fees/additional purch costs
Hi all I am in the process of buying my first home, which is 9 years old. I found out down the line that there were annual management fees and though I accepted that, I have just been told we now need to pay £550 upon completion for: Deed of Covenant, Certificate of Compliance & Membership Certificate. I've found this…
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Selling House calculating the cost of capital gains
Both me and my brother purchased an investment property 6 years ago for £132,000, at the time the idea was to live there and the only way to purchase due to our low income was by obtaining a buy to let mortgage ,we were selling on ebay plus had another flat purchased some years ago as our income. When the property was…
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Buying our first house, bit of an issue.
Hi there first post. My girlfriend and I are first time buyers and have recently found a 3 bedroom ex-council house, which is still owned by the housing association, that needs some immediate structural work done to it. We have had an offer accepted, however after a survey carried out for us on the structural work required…
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Renting deposit dispute
Hello, I lived in a flat for more than 4 years and I have 2 kids. When we left we forgot to wipe couple of walls which has some pen marks made by my kids. Now my landlord wants to keep £350 from the deposit to cover the painting of the flat as she says she cannot just patch up the marks and has to do the whole flat! She…
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How long should an Estate Agent tie-in period be?
Had 3 agents look at my house. Agent 1 wants an 8 week tie-in period + 2 weeks notice so effectively 10 weeks Agent 2 wants 6 weeks Agent 3 wants 2 weeks for the first 2 weeks and will accept an instant notice to terminate immediately after that initial 2 weeks. He says that he's supposed to ask for 10 weeks but doesn't…
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Help - Held to Ransom - Retrospective Consent for Windows - Changed by Previous Owner.
Hello, Hope you can help. I am selling the Leasehold property that I purchased in 2014 and I have been advised that I will need to Pay £600 for the retrospective Consent for the windows that were changed by the previous owner in 2009. They changed windows to double glazed and look exactly like all other flats and are Fensa…
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Buying a Property: Needing to Prove Fire Safety to Lender but How?
Hi, I am currently in the process of a buying a flat in a high-rise building (Bridgewater Place, Leeds) however things have ground to a halt because the lender is requesting that I provide evidence that the building meets fire regulations before they will approve my mortgage application. I have contacted the estate agent…
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Buying several VERY cheap houses all on 1 street hoping gentrification will happen?
This is an idea/thought I've had in my head for a while. It seems so obvious so I imagine it can't be a good idea.... if it was that obvious and no one is doing it, there's probably a reason why! Anyway I thought I'd ask: In certain cities/towns house prices are extremely low. I could afford several in the same street. The…
