-
Having second thoughts on purchas e
I have sold my house and have been in a rental property for a year. We have finally found a property that we both like. We put an offer in and has been accepted. I'm really starting to have second thoughts. We have over 50% deposit. I've scoured the forums and news and I'm convinced we should pull out. Unfortunately my…
-
Is there any help for tenants in these to ugh times?
I heard there was help from mortgage companies. It’s all well and good being told to self isolate but unless I physically can’t walk I’ll have to go to work as rent needs paid.
-
New Build
Another worry would you buy a new build in current climate.
-
Rough costs of dormer extension (chalet bungalow)
We are in the process of buying a 2 bedroom detached chalet bungalow and need to add a 3rd bedroom. I have been looking into a dormer extension on either side of the 2nd bedroom to split it into two bedrooms of equal size. Can anyone advise a ballpark figure for doing this please? Would it be much cheaper than building a…
-
Obtaining a mortgage with history of missing loan repayments :(
Apologies if this isn't in the perfect forum - I'm new to this website. So my situation is: I got a loan for £8000 at aged 19 for an operation and other medical expenses that I needed which were not covered by the NHS (don't get me started lol). I was paying £227 every month and would be doing so for 5 years. Flash forward…
-
Tennant has coronavirus!
I have a studio apartment which I've been renting out. The tennant has coronavirus and said she can't pay her rent for a few months - I think she's lying. She is already 4 months behind rent - now a backlog of nearly £2500 owed to me. She has self-isolated and is ignoring my calls / emails. This means I can't visit her. If…
-
Best and final offer, not heard back yet
Hi all, We've put an offer down which was a "Best and final" - offers closed on Friday gone at 12pm. When we first viewed and made enquiries on the phone they said we'd hear back on the Friday bids closed (wasn't hopeful for that as it would be quite quick to consider offers) When we placed the offer and submitted it via…
-
Buyer tried to gazunder. Can we take the drawers from fitted wardrobes?
Due to exchange this week and our buyer tried to gazunder us today! Wanted £5000 off because of ‘market uncertainty because of coronavirus’. He’s an investor buying our flat to rent out so I understand his concern, but quite frankly it’s not our fault and as an investor he should have money to fall back on in situations…
-
How much cash do I need when selling my flat?
Planning on putting my flat up for sale this Summer. What will I need to pay for in cash when I do? I want to work out how much cash to save. TIA!
-
Capital Gains Tax
Hello, please can you provide advice on buying a second home. I wish to buy smaller home for use as a holiday home. If I wished sell our current home in few years time and live full time in the holiday property, would I have to pay capital gains tax on any profit made on my current home?
-
Shared Ownership - Financial Assessment + Mortgage
Hi, Myself and my partner are currently going through the process of purchasing our first property through the Help To Buy Shared Ownership scheme, we are at the process with a property listed at a 40% share and we have sent our details off to get a Financial Assessment done, and they have come back saying that they want…
-
Offers - play the game or play it straight?
My partner and I viewed a house that we love at the weekend. Has already been on the market, sold, and fallen through before, been on for a few weeks this time round. It ticks most of our boxes - bigger garden and/or a garage would have been nice, but we get a lot more house and a nicer area instead, but it's very close to…
-
gates / boundary
I find myself in an interesting scenario and would welcome any advice. I purchased a new build property in May 2014. The house is one of 2, and was and still is set inside a plot that is fenced and had been landscaped with red robins in front of the fence and a large gravel drive way serving the 2 identical houses. These…
-
Fence panels
We viewed a property in January and there were 2 fence panels broken and laying in the garden. Didn't think this was a major issue, put in an offer which was accepted. Asked to view property again at end of February and seller refused, claiming they were too stressed. Managed to secure a viewing at the beginning of this…
-
Can i extend into my neighbors loft?
Hi All, I own a leasehold
purpose built property which is split into four flats, two up two down. I own one of the
top floor flats. Both top floor flats
own the demise of their respective loft space and there is a clear wall divide
between the two top flats loft space. I've recently got
planning permission to build a…
-
Buying my first home - worried about corona virus
Hello, Please be kind. I am a 28 year old woman who has spent the last 6 years working hard to save money and clear my credit file of bad debts to get myself financially stable and in a great place. My ultimate dream has been to buy my own home, which at the start of last week I had an offer accepted on a house that I…
-
Damp in new build/conversion - what sort of survey?
Hi all, I previously posted asking about surveys for a new build and the suggestion was a snagging survey. I recently went back into the property that I'm in the process of buying and noticed some damp in one of the rooms that is right under the roof - the property is a converted building and the bedrooms are effectively a…
-
Are deeds still needed?
I've had an offer accepted for a house - which was built in the 50s. But before I bought it, I asked my solicitor about deeds and if they store them. She said they don't store deeds and the land registry has records of most documents. Is this the case? And if so, do the deeds (I suspect this 50s house will have deeds)…
-
Please help!
I’m a first time buyer, completed 7 months ago. Straight away contacted management company to sort payment and was told they were still waiting on forms from the completion before they could do anything. I have contacted my solicitor to be told they have done everything they needed and that the hold up is the sellers…
-
Letting a home for the first time - tax
Hoping someone may be able to advise. Husband and I have owned our current home (mortgaged) for 4 years, however we will need to let our property out later this year as we are moving into armed forces accommodation due to a relocation posting. I am aware we will need permission from mortgage company to do this, but I am…
