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The Cash buyer
What sort of leverage or positives are there when buying a property as a cash buyer, how to manage the buying of a property as a CASH buyer. What is there if anything to apply in this situation?
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Title Deed Help {Merged}
Hi this is in my Title Deed....i am kinda confused i am a FTB please help. "Together with the benefit of a right of way (in common with all others
entitled thereto) on foot only over the rear yard of the Vendor's
adjoining property known as number 84 ********* Road aforesaid and the
benefit of a right of way (in common…
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Remortgage Overlap Payment to Previous Lender
I have just remortgaged with Nationwide from Newcastle, the new mortgage with Nationwide completes on 6th May. I have recieved the redemption certificate from Newcastle which includes payment made from January 1st to April 1st. However, Newcastle will also be taking payment for £872 on 1st May on SVR, the fixed rate…
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Service charge - who is responsible between exchange and completion
Hi all - Tried to look it online, but the only thing that keeps on coming up is what type of insurance you should take as a buyer once you've exchanged... I just exchanged contract on a property and the sale is only due to complete in 35 days - in between that time period I have to do two service charge payments, which I…
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Leave the money for the purchaser to organise, or pay the roofer in advance?
Hello, bit of advice please. I entered my house into a late March auction, viewings began in mid February. I sold the house and exchanged on 30 March, and will complete on 25 May. During the viewing period Storm Dennis damaged a tile and I suffered a leak which was obvious to viewers, plus my very old kitchen extractor fan…
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Getting charged for extra fees 18 months after completion
Hello I hope this is something you can help me with. I bought a flat 18 months ago now Sept 2018. But today I got a email from the solicitors asking for money. £620.16 to be exact for a broker fee. I've emailed back asking then to tell me exactly what this is?? Can't they still bill me for things so many months on. I…
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New build flat noise
Hi Everyone I know there are lots of posts about this so apologies for another one! I purchased a new build flat in London in September last year - at the time I purchased it, there was no living in the flat next to mine. A family has now moved in with a small boy who has taken to running laps around the flat for hours on…
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Buying House - Missing TP1 - Indemnity Insurance
Hello I'm in the process of buying my first home, and I today received an email from my solicitor saying that the Transfer Deed, from when the house was sold from the developer to the current owner, can not be found and as a result they have offered indemnity insurance. They have asked me if I wish to proceed but have…
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Who/Where to get Independent Witness Signature
Hello, my partner is in the process of purchasing his first home and the intention is for me to move in. Everything is going through nicely it appears - mortgage has been approved, a solicitor and surveyor has been instructed but obviously no structural survey can be completed yet until things resume back to some sort of…
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!!Can a Holding Deposit be refunded??
Hi MoneySavings community, Hope you're all well and safe x I have a question which is related to what a landlord can do with a house deposit if the tenant withdraws from the application in less than 24hrs? I approached the landlord via Openrent website, paid a holding deposit and in less than 24hrs I decided not to go…
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First Time Buyer - Scotland
I'm a first time buyer, offer was put in on house 19th March by my solicitor and accepted by seller solicitor the same day. My mortgage has all been approved last week however my solicitors are still waiting on the initial written formal acceptance from the seller solicitors. I emailed my solicitors on Friday asking if…
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STAMP DUTY LAND TAX FOR ADDITIONAL PROPERTY AS REPLACEMENT OF THE BUYER'S ONLY OR MAIN RESIDENCE
My husband and I live abroad in a property that we own and that we are going to sell. We would like to come back to the Uk, where we own a small BTL property. We would temporarily live in the BTL property (after having sold our property abroad) while looking for a bigger property to buy as our main residence in the Uk. We…
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Help! Completion date won’t be met - New Buyuer
Hi! I’m hoping for some advice if possible. I’m currently in the process of buying a house. Offer made and accepted in January. Solicitor contacted me on Tuesday and asked for the deposit to be sent and said that the completion date was the 8th of May. Paid, handed in contract (no contact due to COVID). Solicitor then…
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Think this means the vendor will pull out. Can we save the situation?
I'll try to keep this as brief as possible. We viewed a property on 22 Feb, made an offer the following day which was accepted the day after. They accepted our offer (over others) as we are in a position to proceed quickly. Our vendors want a quick sale so they can reclaim the stamp duty for the other property they bought.…
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Council Tax: Living with students
I currently live in a house with 5 university students and as I am the only non student therefore I am liable for the whole council tax bill (I dropped out of the university and couldn't be released from my tenancy). I receive the 25% discount for living with students and I am in the process of applying for a reduction…
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Fall onto variable rate or take out new fixed rate pre-house move..?
Hi all, I'm in a position where I'm about to sell my current house to a family member who wants to go on to rent it out. My current fixed rate term on my mortgage ends at the end of July where I will fall onto a higher standard interest rate. The new build house I'm looking to buy won't be ready for a few months so I have…
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Am i entitled to anything?
Hello All Two years ago me and my partner bought a house. House was 350k My Partner paid deposit of 100k. I paid no deposit as i had no savings. Declaration of trust was signed so my partners deposit is safe guarded. The house is split 70/30 to my partner. The mortgage is 1K a month and i pay 600 a month. My partners…
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Stamp Duty payment
Hi, I have found stamp duty information online but wanted a bit more clarification. advice please... I purchased a property in September 2010 by myself this was then sold in June 2017. I didn’t purchase another property. I’m currently looking for a new property to purchase this Summer. Am I determined to be a first time…
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Removing "charge on the property" when the original loan company was liquidated in 2003
In 1985 the owner of a flat took out a loan on his flat ,and a charge was placed on the property .That person died in 2018, having suffered from dementia and leaving no details whatsoever about this loan, other than periodic references to it ,in his diaries , the final entry being from June 1996 ,in which he expressed…
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Selling my main residence if i own another, taxed or ?
Hi all Considering retirement in 5-8 years, i will likely need some extra cash to do so. I own my main residence mortgage free, i intend to downsize and take a chunk out of that to help. Problem is this year i have bought my father in law a house to live in close to us its about 50% mortgaged by me. The question is if i…
