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Issue with survey after 1 year
Hi guys, not sure where to post this topic. I hope this is the right place In short - my wife and I have had our house a little under a year. In the survey, the felt inside the roof was marked as a 2, so might need replacing but is adequate. Anyway, having had a look at the felt when we moved in we decided it definitely…
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Renting out inherited home, 3 brothers shared ownership.
Myself and two brothers have inherited our parents home, father died twenty years ago mother died earlier this year, the deeds are in her name. We were trying to sell but the market is slow and so we are considering renting for the time being. We have probate, though only one brother is named on the certificate, we did…
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Car Benefit with Help to Buy
Hi, I am hoping that somebody maybe has some experience or knowledge around this. My wife and I are hoping to buy our first home soon and are wanting to utilise Help to Buy. I have a company car for which I get car benefit as part of my gross salary. With the Help to Buy the mortgage brokers have been unable to confirm or…
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Help to Buy Equity Loan and Rent a Room Scheme
Hi all, I am considering using the funds in my Lifetime ISA to buy a new-build apartment with the assistance of a Help to Buy Equity Loan. I have the option to buy either a 1-bed for £150k or a 2-bed for £250k and I'm steering towards the latter, with the intention of renting a room out to a lodger which I have estimated…
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who do i chase
I'm a FTB in the process of buying a freehold flat. I was sent the management pack, lease and all the searches at the end of august. i also received a copy of the 26 enquiries that my solicitors have asked the sellers solicitors to answer in august as well. I've been phoning every few days or so and apparently there are…
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Estate Agent has ceased trading?
Hi, I am literally 3 weeks away from moving into my new house. I received a call today from a different estate agent stating that the estate agent I had signed up with had ceased trading due to the two partners having a row and going their separate ways. They have stated they are now working for us and sent an e-mail…
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Selling Property Overseas Exchange Rates
Hello all, Some advice please, my folks are selling property overseas could anyone recommend any sites where I can check and compare exchange rates, dollars to pounds.. Want to make sure what the bank overseas has quoted is giving them the best deal. - thanks for reading this post.
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Tax return for holiday lettings
Hi, I've recently started renting out my former home as short term holiday lets. I've never had to do a tax return before as I have always been PAYE, so need an accountants help. The cost seems to vary so much between companies, how do I know which one to choose?!
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FTB mortgage retention and damp issues - help!
We are first time buyers and our house buying experience is starting to get a bit messy! I am getting to the end of my tether and we feel so close to the sale collapsing. We love the house so much so I'm finding this really difficult. The house we are purchasing was on up for sale for offers over £80000, we offered £82000…
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Rental income tax - costs incurred before the tenants moved in?
Hi, I'm trying to find out more about what we can claim back as expenses against our rental property income tax, I've found this: The official gov.uk website doesn't seem to be particularly helpful so I'm unclear on whether we can claim the following: - Council tax & utility bills whilst the property is vacant before…
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Insurance for recent purchase
In process of buying new property which needs renovation extension work for atleast 6 months. What insurance to buy? We are not going to live while work is going on.
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Possible subsidence
Hello everyone, We had an offer accepted a couple of days ago (yeeey!), and I am currently arranging the next steps. While viewing the property, I noticed that the wooden floor on one of the ground floor rooms was a little bit lower on one of the sides (towards the external wall of the property), kinda like a small slope.…
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New build integrated fridge freezer
Hi hope someone can help. We are currently waiting on our new build to be finished and we have just chose our kitchen. The washing machine and fridge freezer arnt included in the builders budget which is fine. When choosing our kitchen we asked for a price for extra housing so we can put an integrated fridge freezer in…
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Searches
Hi We just had a property fall through due to japanese knotweed and damp. We paid for the searches directly to the estate agent without realising they used an intermediary. I spoke to the local council who said they had no record of it and wouldn't have if an intermediary was used. Do you think it's ok to ask to have…
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Contract Riders
I just wondered how many people have had contract riders included in their purchase/sale and whether you signed them, it seems bizarre to me that my solicitor is stating the rider (which is just a clause written on blank paper) will be incorporated into the contract when it is not written as a part of the contract nor is…
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ALDERMORE mortgage advice
Good Aftfernon, looking for some advice. We are currently in the process of going through a mortgage application with aldermore bank. We have intially been accepted however the underwriter has now come back requesting a further £6000 deposit whcih we cannot afford due to my husbands P60 not being satisfactory. Basically…
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Service Charge
My first post! :beer: In an email, I received an invoice this morning from my letting agent, addressed to my landlords, informing me that I would have to pay a gas service charge fee of £100 for this quarter. (The invoice actually said 'utility supply charge - service charge'). Quoted was this passage from my tenancy…
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Deposit return
I am a course leader to a UK (Wales) based course but our students come from France to do this. My students who graduated in June have asked me for advice. They had a fixed term Tenancy from July 2018 to July 2019. Their deposit was protected by My Deposits and I have the certificate number. It was Auto unprotected in…
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How often do houses sell for above the asking price?
Hello MSE forumers A question about how often you think houses sell for above their asking price. The reason I'm asking is that I've put in an offer on a property I've seen which was £2,500 under the asking price of £250,000. The estate agent came back almost immediately to let me know that he has another offer on the…
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What are my rights?
Hello, I will try to keep this brief. I moved into accommodation (a stand alone wooden barn) in Scotland in July (highlighting Scotland as I think some laws are different here). When I viewed and accepted the property, the landlord refused to provide a contract, saying she 'works on mutual trust'. She is a lawyer, so this…
