-
Survey says...structural issues.
Anyone have any idea what i may be up against here. Survey showed that the chimney is unsupported & is leaning slightly & needs supporting immediately as is dangerous, they recommend lintels over all windows as there are non, over the lounge window the brickwork is bowing & some cracking above due to this. Another issue of…
-
Looking at buying a house but the short leasehold is really putting me off. Dangers?
I'm looking at two houses, one of which is a bit more my style, but the problem is it's got an 88 year ground lease. So if I buy it, it's value is actively ticking away - there's the possibility of extending the lease, I gather, but that's a big gamble. Can anyone advise me if I'm right to be cautious and if there are any…
-
Verifying ID and Charity Donations
2 questions if I may... 1) We are in the process of selling my late Uncle's house. My dad, the sole beneficiary, has been asked by our solicitors to provide verified ID as we live nowhere near where the house is/the estate agents/the solicitors. I understand this can be done by my solicitor then forwarded to them by post -…
-
Buyers survey?
Im due to have a survey on the house I’m selling tomorrow. The buyer is a cash buyer and I don’t know what survey she has arranged- building, home buyer or full structural. We put in a contained fixed stairway from our landing up to the attic. The attic is boarded to the floor and ceiling but not carpeted or plastered. It…
-
Tamworth or Nuneaton - Young Family
Hi all, I' m looking to buy a new build 4 bed home as the family is growing. I currently live in Birmingham, work from home while the Mrs works in Central Birmingham. We are looking at properties in/around Birmingham and have gone further to Tamworth and Nuneaton. Can anyone kindly help us in making this decision based on…
-
Break Clause question
Hi, I am re-reading my Tenancy Agreement and unsure on the wording of the Tenancy Agreement - 'Any time after 13 months of the initial fixed term of this tenancy (or after a similar period following a fixed term extension to the original tenancy) the Tenant may invoke this break clause by providing a minimum of two months…
-
How does remortgaging work for extensions.
So we bought a house and we loved most things about it but now we are in we kind of wish we had gone for a 4 bed for future reasons and we also wish it had an extra lounge room downstairs, we have rushed into it a bit BUT the house has many upsides and the downsides can be solved with an extension. Now itll be a few years…
-
Buying a property near mine shaft. Thoughts?
Hello, Would love to hear from people who have bought and sold property near to mine shaft in Bristol Kingswood area? The property has a mine shaft within 11 metres of the property. Building survey has been done and has no subsidence or structural defect reported I want to understand what could be the implications of this,…
-
Help to Buy questions
Hi guys I know a lot of information on H2B already, but wondering if anyone has the answers to this less generic questions? 1) can one let out the property after the 5 year equity loan term? 2) if one takes out a H2B arrangement on a property, can one add their spouse to the title AFTER? Many thanks P
-
Selling a BTL, price it by yield?
I am going to sell a BTL property. It's in a very desirable student area and the house is in good condition, all good from the practical side of things. So I'm going to just try an online-only estate agent at first, probably something for £99 just to get on RightMove. My question is about coming up with an asking price.…
-
How to sell property ex partner isn’t compliant
Hello, I have recently split from my partner (we were not married) after buying our first home together in 2016. We are both joint owners on the mortgage and never missed a payment. I desperately want to move on and get my name off the mortgage (alongside my equity I am entitled to) but he is dragging his heels to either…
-
my bank account will be empty after I paid my 10% deposit
Hi, i am wondering if it will matter To the lender if after paying my deposit in the property that I will just have around 1,000£ in my bank? FTB here. Thanks.
-
Buyers trying to renegotiate based on new roof for £15000
Hi All, I've already had a buyer pull out from a sale who offered a massive £13,000 over the asking price of £200,000. However they had a building survey with some problems arising. They then got a building in who quoted £9000 to fix some damp with in the downstairs rooms and re-rending of some of the walls outside. This…
-
Lease extension
Hi, I would like to purchase the lease extension for my flat, but I am having a rather uncomfortable situation with the legals that represent my landlord (and me as well, altho I am quite regretting it now...). Basically they have asked me almost immediately £600 ("inclusive of VAT") to carry on an evaluation of said flat.…
-
lease extension
I'm looking to buy a flat, and the lease is shorter than I would like. In a block of flats, can one flat extend its lease even if the other flat owners don't want to?
-
Bike storage in allocated parking
We bought a flat recently and we have an allocated parking slot. We want to use the wall space around of slot to install bike racks and store our bikes. It wouldn't obstruct anyone's passage in any way it but I'm wondering if I'm allowed to do it? Thanks
-
Getting finance whilst waiting for mortgage offer
Hi everyone, me and my partner are currently waiting for a mortgage offer from Halifax. The survey has been done we are now just awaiting the offer. We were "well in affordability" according to our mortgage broker. We went to dfs yesterday and ordered a swivel chair and table which we can cancel at anytime should our…
-
Not heard back from offer
I put an offer in on a house on Friday. Instantly rejected so I upped my offer. Didn’t hear back till Saturday saying we need more time to think/ see if anyone else who viewed it over the weekend puts an offer in. They said they would call Monday. House has been in the market for five months with no previous offers. Should…
-
Online no-fee agents - have we made a mistake?
So we put our house on the market with House Simple, the guy who came round to do the valuation was very confident that putting it at 315k would quickly get offers of over 300k, so we went with that. But it performed very poorly on RightMove apparently; so we thought maybe 315k was a silly price, as on RightMove you'd have…
-
Shared Ownership - If value of my home is £0 because of cladding, can I buy remaining share for £0?
I've just been asked to check that my financial lender will offer a new mortgage on my flat before I proceed with a staircasing valuation. This is because I have been informed that, at present, the developer can't produce the necessary fire safety documents that most lenders now require. I have been advised, due to a…
