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Sellers can’t complete as tenants are refusing to move out of home they’re moving in to.
Just looking for a little advice. We were all set to complete on this property on the 24th April. Sols are waiting to send off certificate of title and lender is ready to transfer funds. I have just had communication from the seller that the tenants in the property they were due to move into are refusing to leave.…
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CGT changes relating to Lettings relief and PRR for 20/21 not reflected on gov tax calculator
Currently selling a property that has been rented out but used to be main residence - was aware of the proposed changes to Lettings relief and reduced Private Residence Relief that were due to come in today. We're due to complete on Weds so I've used the calculator on the gov tax site today…
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Has anyone used a house clearance company?
Hello, I sold at auction last week, and the buyer asked for eight weeks until completion. I have moved out of my house but left all the furniture I intended selling, as I am downsizing. Unfortunately I'd only just listed it on ebay when lockdown was announced, and none of it has sold. It is mainly heavy wardrobes/chests…
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I would like some advice please.
Hi guys, Hope you are all ok and keeping safe. I would like some advice from you lovely people please. So basically I'm in the process of buying a new build which was supposed to be ready by July but due to the current situation, I have been told its gonna be ready in November which I understand. I have been offered a…
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Looking for some advice with rental and a flatmate for a tenant
Hey everyone, I have a tenant who advises he'll be struggling to pay rent this month as he's lost his job, which is totally understandable. His rent is currently £650, but I advised he can give me £495 this month. He's applied for universal credit and DHP which entitles him to £700 I think. It's a two bedroom flat which he…
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Shop termination notice but landlord says cannot terminate ?
Hi there, First of all, thank you so much for looking into
this post. I am having an issue with my shop landlord. I
have rented out a shop but due to this COVID-19 I am unable to continue the
business (not doing well) and it is a fairly new business started less than 3
months. I could have got some help from the government…
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Shared ownership
Hi I need advice!! I currently have a mortgage on 40% of a 1 bedroom flat. I am now able to afford a bigger mortgage so was thinking of increasing my share on the flat to reduce the rent and increase my mortgage payments as I feel like each month that goes past I'm chucking away money in rent. I plan to live here for the…
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Mortgage interest rate question.
Hi all just a quick question, I’m currently 7 months into a 5 year fixed mortgage at 2%. My monthly payment is £440 and it’s knocking around £210 a month off my mortgage debt. Do banks set the 5 year up so your paying more of the interest in the first year and it declines over the 5 years, so next year £230 might come off…
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AST/Periodic tenancies
Have only just been made aware of the different type of tenancies and wanted to do some background reading before asking any questions. All the sticky threads seem to be locked, in particular I wanted to read "ending/renewing an AST". Does anybody know where I can find all this information?Thanks
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Friend lodger rights and implications
Hopefully I’m posting in the right area! I have a friend who I have only known for about a year but he needs somewhere to live in a few months time for a while and has asked to move into my place. I know he’s a bit stuck and I want to be able to help him out but I have some reservations. I think he’s expecting not to be…
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Unable to pay last month of rent due to being forloughed
We've moved out of the house we used to rent. We ended our tenancy early, and there are early release fees. Our contract ends on the 15th of May, but new tenants move in the 1st. We're already out, so they can't evict us. Because of how the agency works, we still need to pay our last month of rent, they'll refund the two…
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Vendor pulling out over capital gains tax
So we finally agreed an exchange & completion date on our sale/purcahse last week, then on Friday the vendor dropped the bombshell that they needed to exchange on that same day otherwise they may have to pull out due to cgt implications in the next tax year (the property had previously been rented out). We had never known…
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Moving/changing garden with the new neighbour
Hi everyone, Apologies if this is in the wrong area. So, we recently completed on our new property and are cracking on with renovations etc. It's a grade 2 listed typical village end of terrace cottage. I say end of terrace, that is a bit of a technicality as we do have a house about a yard away from our external wall but…
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Moving fence/boundary?
Not sure if this is the right place but hopefully someone can help. We've recently bought and have started renovating a small victorian terrace with a tiny 4.3m x 5m back yard. It appears at some point in the past some of the fences on our side of the road ended up being installed slightly crooked by the previous housing…
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Maintenance Company's Role
2 1/2 years ago I bought a flat and I pay a monthly maintenance charge which includes ground rent. However, the maintenance company don't seem to be doing most things that are on lease. Firstly 2 1/2 years ago the sale was held up due to a flat numbering issue, which still to this day hasn't be changed, despite me chasing…
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Paying rent on 2 properties - disaster
hello all! we recently moved out of a central london flat, as the hot water was not working and there was a recurring mould problem. the agent of our landlord sent numerous people round to try to fix it but they were extremely slow and the issues were never properly resolved. these issues pushed us to break our tenancy…
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Dog wanted in rental property
My landlady says I can have a dog but is looking to charge me extra for damage that may occur. My question is can she withhold my deposit or charge me a premium when my carpet is over 12 years old and was thin and stained when I moved in 3 years ago?
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Coronavirus renting trying to move out contract
Hi I'm in a pickle my renting contract expires 01aug20. The flat I'm in stinks and mouldy landlord knows this but no repairs due to coronavirus. I do not want to stay here and the winter crushed me with prepayment smart meter. I intended of moving out 01aug20 so I don't care about repairs I just want to get out. Due to…
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Faulty Oven/Cooker
My oven and cooker won't turn on, called the landlord and the automated message told me to send an email to a certain address which I did, however it bounced back and didn't send. What are my options ?I rent privately
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Smaller property now vs larger property later
Let's say your long term aim is to buy a 3 bed. The cost of a 1 bed is £100k, 2 bed is £150k and 3 bed is 200k. You live in a 1 bed with £50k and 5 years left on the mortgage. The maximum you can borrow is £100k. Therefore at the moment you can afford to buy the 2 bed, but you'd need to get your mortgage down by £50k in…
