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House Purchase Incentive Towards Fees?
Hi guys, Just a quick question I am currently in the process (albeit on hold currently because of Covid) of purchasing a property, next stage is contracts to be sent out and im in no chain as the buyers have pulled out of there purchase as are now going to wait to see what happens with the market, but still happy to move…
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FTB - storing vendors furniture until lockdown over
Hi all Partner and I are FTB and the vendor was renting out the 2 bed house we've bought as fully furnished to tenants that were due to leave 23rd April. We had our offer accepted in Feb and the EA advised all the furniture was also for sale and invited us to bid for anything we want after our second viewing. We're…
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Negotiating after a failed referencing check
Hi guys, I’m a contractor that’s looking to leave home. I’ve found a lovely apartment that ticks all of my boxes & quite eager to secure it. After having done a viewing, putting down a holding deposit & gone through the referencing checks I was informed that the landlord was apprehensive in agreeing a 12 Month Tenancy with…
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Leaving an assured shorthold tenancy HMO
Hi, I am leaving an assured shorthold tenancy in a house of multiple occupancy. 1. I know the landlord will do end of tenancy checks.....do I need to be there when the landlord does these? 2. Do I need to do anything to help action the release of the deposit? or maybe I just provide the landlord with bank details to…
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Unexpected suprise in the paperwork: Blind-gate
Thanks for those that contributed - I'd say I've got what I needed. Can't see how to delete it so am replacing with this message.
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Buying a house from the deceased. How do I do it?
I have come across a house not too far from where I live that has been vacant for 20 years by the looks of it. I have looked into the will and deeds of the house and know the owner died almost 20 years ago; within the will, it tell me who the estate has been passed down to who I have tracked down and tried to contact,…
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Simply Put: First Time Buyer Selling Up and the Buying a New Property.
Hi all We bought a house almost two years ago and would like to move in the near future but are a little confused at how it all works: If we have a mortgage on a house for 200K and have already paid off £46K, what would happen if we sold it for 210K and bought a house for 250K? Would the sale cover our mortgage (154K) and…
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Reserved New Build is price likely to fall
We have reserved a new build house just interested if anyone believes what impact the corona virus situation will have on our purchase will the price likely drop?
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Move on hold due to coronavirus
I sold my house and moved out 13th march, was moving into new property 27th march ( seller wouldn't complete on the same day) all was set to happen except the seller didn't move out as her parents( who she was moving in with) are high risk , we are key workers so have to stay in the city where we are, we are paying for an…
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Dilapidations - inheritance issue 4 and half years after passing
Hello all, This looked like the best category to post this under, apologies if it is not the right one. I fear this is a bit complicated but I will try to structure this in the easiest to follow structure. My father passed away towards the tail end of 2015 - he did not have a will. He did have; a wife (who has renounced…
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Can buyers of a property request to see the grant of probate?
I've had an offer accepted on a house but was waiting for the probate to be granted. I've just been told (via the vendors directly over a phone call) that the grant of probate has been given. I do not have reason to doubt that it is a lie but I will start incurring costs with the solicitors once I ask them to check things.…
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Downsizing in current climate
I have an agreed sale, ready to exchange & complete once lockdown lifted. Have lived here for 17 years and loved it. My purchase is some way off and while happy with the 10% discount I got I am seriously considering pulling the plug on it. It needs a lot of work, easily the 10% back. The plan was to get the purchase sorted…
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Stay in current property or move?
We have a larger than average 2 bed mid terrace in a rural village, the location is perfect, have 2 children and have been contemplating moving or making the loft a dormer conversion with en suite wet room, was more keen on moving to a bigger property but more than likely in a not as nice area of the village, since…
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Close to exchange?
Hi, We are purchasing a new build property and PX our house to the developer- Bellway. We were told last Wednesday that we would be in a position to exchange between Wednesday - Friday this week. The buyer of our property (the developer) has come back today with a page long list of enquires. I've answered all that I can…
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First Time Renter
Hello! I am finally working full time (I have been for three months) and I am finally in a position where I can move out of a horrible situation. I'm very excited but also very scared. I have paid the holding deposit and I am waiting for the referencing to come back, the company is Let Alliance. I'm really worried I won't…
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Garden Boundaries
Hi all, a relative of mine bought their property from the council around 3 years ago, it is a maisonette flat with a shared garden. Obviously, when purchasing this they received the title plan which outlined the general boundaries for their garden. Recently, their neighbour has begun putting a fence up around their…
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Buying a second home with a partner
Good afternoon MSE, I am hoping someone can shed some advice for me. I have had my property on the market since just before the COVID-19 pandemic. The reason for the property on the market is because my partner just picked up a dream job about 90 minutes away from where we currently live. Unfortunately her start date has…
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Mortgage with Payday loans 3 years ago
Hi all I know this has been asked before but I feel like each persons situation is slightly different from mine, hoping to buy this year (once we are allowed again after covid 19) we have no credit out to us, only have our phone bills to pay, have a combined income of 54k and have a deposit of 20k (hoping to buy for 180k)…
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Interesting contractual issue re; Covid 19 and EA marketing contracts...
It just occured to me that some EA's include a contingency clause in their contracts that if the seller instructs a High Street service and then gives notice on the contract that a fee is payable.Given that most High Street EA are closed and staff furloughed I wonder whether if a seller was to give notice and the EA sought…
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Housing Association - Part Buy Part Rent
I own 50% share of a housing association property. The rent side goes up every year and is now nearly double my mortgage. Soon the rent will no longer come under the catogory of affordable housing, how do they work out rent? The other question - am I eligible for any right to buy discount on part buy, part rent housing…