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Private Tenants
I have just been told that my landlord is wanting the flat back as he and his partner are splitting up. Where do I stand during the Coronavirus lockdown
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Shared Ownership/Financial Concerns (advice needed)!
Good evening all, I have found myself in some tricky circumstances, which may seem rather minor in current environment, however financially for us at least, it could be quite damaging. Essentially, we had our first child in November and from this point have been looking at trying to find a more secure home, as we currently…
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Ownership of Property
Hi there, Can you help me please. I brought a flat in a converted house of 4 in 2005 from someone I knew. At the time i trusted this person who was helping me get on the property ladder. He took care of all the fine details and I acquired the mortgage. Over time I have been faced with many different problems with this…
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Council Tax - New Build
I have settled down into my new home (rented for now but thats a corinary for another day). It is a new build property. Despite moving in in October and informing the local council, they have decided to send me a Council Tax bill for 2019/20 dated the 30th of March but asking me to pay by 13th April for the 6 month period…
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Any successful last minute negotiations for HTB First time buyers?
Hi all - I'm meant to exchange in a week or two but am now wondering whether I should pull out or attempt to negotiate a lower purchase price or another incentive. Has anyone been successful in doing so with a help to buy scheme for a first time buyer?
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First Time Buyer rules.
My boyfriend bought a house in 2007 and it foreclosed within the first year due to redundancy and the housing crash, having also been a victim of one of those low deposit mortgages with too high debt load. He lost everything. Would he still count as a first time buyer, as he really did not have a chance to own his own…
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Student Let Advice
This year I purchased my first buy to let which is a student pod within a hall of accommodations for students. It has lots of restrictions within letting, The main one is only to students. The service fees are quite high, but it was a great little investment.. until coronavirus happened. Now that the universities are shut,…
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Stamp Duty- First Time Buyer- Husband has buy to lets
Hi, I can't get my head around this. I'm a first time buyer, have never had a mortgage. My husband has never owned a property he's lived in as his Main Residence, but he does own some flats with some friends which he's had for years- buy to lets. My husband and I are both tenants. We are purchasing our first home together…
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Proceed with house purchase?
Hey all, me and my partner are in the process of buying a house, we put an offer on at the end of Jan (and got a good price) currently we have the mortgage, solicitors searches are complete and we are just waiting for the last enquiries to be done before agreeing an exchange date. We have already paid about £1000 between…
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What happens my mortgage decision in principal
Hi, first time posting. In short our house is sale agreed but sale paused just before we signed contracts. We have a decision in principal from feb 2nd due to expire probably may 2nd. So 2 questions. 1) will our decision in principal also be paused or will we have to reapply? 2) hubby is self employed so we now have no…
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What help is available for a single person?
Hello, I’m likely being too optimistic but here goes... Around 2 years ago my ex partner and I bought a house together using the help to buy scheme. We then split up and I’m now in the process of saving for my own place. It seems more daunting doing it as a single person and I really hope that there’s something out there…
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Wise to own house jointly with my partner?
Hi, I feel bad for even asking this question but I am about to buy a family home later this year with a large mortgage which will be very burdensome and I'm concerned as to whether it is a good idea to put my partner's name on the deeds as well? Brief background - I am male, age 39 and currently rent with my partner (we…
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Capital Gains - CoronaVirus - Property sale delay
Hi all - strange one here. As a result of my property sale being put on hold now into the new tax year (20-21) If my sale eventually completes I will incur a fairly large CG tax bill (£9k ish) Where as if it had gone through this financial year (19-20) where the £40k exemption was still in place it was nil. Is there any…
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Letting Agent Commission Clarification
I would like to know if a letting agent should charge their commision % on the gross or net rent received by the landlord please. E.g. If the letting agent is charging 10% on a £1000 a month income (£100) then charge £200 for a contract renewal should they still charge the 10% on the gross Rent (£100) or should the 10% be…
