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Pulling out of purchasing a new build in Scotland
We were in the process of getting a new build built by a construction company.as it had to stop due to the corona we are supposed to move out our house on the 28th May. As that is the entry date for the guy who purchased our house. We will have to rent temporary accommodation which means there is added costs that could go…
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Querying Letting Agent Change of Tenant Fees
I've had a look on the forum and I can't find an answer to this. A fixed-term 6 month joint AST agreement ends in April 2020. The agreement had three tenants listed on it. One tenant is leaving (former tenant) two are remaining. The former tenant notified the Letting Agent 2 months prior to the tenancy agreement ending…
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Shared ownership mortgage with lease restriction
We had a mortgage agreed by Barclays who have now pulled out because we can’t staircase to 100% ... the property is restricted to 80% being in a rural area, we have a mortgage broker whom we gave this info to at the beginning of whole process, we are now at risk of losing the property we want, does anyone have any advice?…
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Council Tax Exemption upon Death: Jointly Owned Property?
Sadly my MIL has recently died. Her property was jointly owned as joint tenants with her two daughters. She alone occupied the property, and it will be unoccupied until sold. Are we entitled to apply for the full 6 month Class F Council Tax exemption or not, given that (by my understanding), the property does not form part…
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Easing Lockdown For Housing Market - Timeline Discussion
You'd imagine that the government and particularly the Chancellor will be looking at this very closely and it should be a fairly straight forward business model to operate under social distancing. For example, home reports and photographers to get properties on the market can be done by an individual with social…
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equity and profit selling house
after some advice on how people calculate profit when selling house. e.g.. purchase house for £200k with £50k deposit spent £15k on mortgage overpayments and £20k on improvements ( Windows, boiler etc ) £115k left on mortgage sell house for £180k do u calculate £180k - £115k= £65k as your profit, in effect getting deposit…
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Property abroad - ex wife issues
I would like to sell my brothers house in the Netherlands. He passed away last year but there have been issues with the ex wife. She is not due any money from the sale of the property, she.knows this and unfortunately the mortgage company didn't remove her name from the deeds following the divorce. She has never paid any…
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Splitting title deeds
I own a property with a limited company containing 2 apartments and a shop under one title. I would like to take out a btl mortgage on one of the flats and I enquired to my solicitor about splitting the title deeds. I was told I can’t grant a new title to myself and so the only way to do this would be to set up a new…
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LISA or buy abroad? Help!
I’d really like opinions on my situation. 2 years ago I came to live in NZ. I no longer pay into my LISA as I can’t but I have about £20,000 in there (that’s with the 25% included). The thing is, I’m renting over here and it’s really absorbing a lot of my money (plus the rentals are poor quality). I am not going to be back…
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pulling out of buying flat
Okay, I had a offer accepted of 162k for a one bed flat in Bristol on 5/10/19, I was told I'd be in by christmas as there was no chain. After so many delays I'm still not in and have had my mortgage offer extended for a second time. Given the current situation I'm really unsure what the future holds as I've been put on…
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House exchange date agreed - but the buyer wants an another extension
Hi, I'm currently selling a chain free empty property in England.
The exchange date was agreed before the COVID-19 situation, however the buyer
(a buy-to-let purchaser) has asked for the exchange date to be put back several
times, and is now asking for another delay. I can understand it from her point of view as after…
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Final checks before completion coronavirus
Hi, are lenders doing any extra final checks before completion during the coronavirus pandemic? We are due to complete in 4 weeks and our offer expires in 5 weeks. It was a 6 month offer.
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Claiming 3% SDLT surcharge by disposing off property (gifting)
I moved to a new house 2 years back and was unable to sell my old house which was mortgage free. I had to pay 3% surcharge on SDLT for my second home, but I was told that as long as I sell my first house within 36 months, I will be able to claim refund on SDLT. Now due to Brexit and Covid issues I cannot find a suitable…
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Adding a conditional clause to my rent contract
I’m a student currently in the process of signing contracts for a house. I’m very concerned about signing given all of the uncertainty about the situation in the future, as I might end up paying thousands of pounds for a house I can’t occupy. Is it feasible to ask the agents/landlord to add a clause to our contract to…
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Information Commissioners Office
I want to look through the information sheets for this , just to check some stuff , they apparently have a 'do you need to pay ' work sheet that you work through , but it seems to be not available , and neither is their online chat . Has anyone else dealt with them lately or is it a Coronavirus thing and theyre temporarily…
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Selling flat with broken window
I have a flat on the 3rd floor of a new build block (not that new any more). The outer glazing panel is cracked. I intend to put it on the market once the lock down is over, or at least when house viewings resume normally. The flat will be empty by the time prospective buyers come to view it. I would really rather have the…
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Landlord failed to inform tenant LHA increase
My landlord was given full control to recieve my Housing Benefit (by my agreement) some years back. The rent was always more than the LHA and so I always paid the diffenece each and every month. However, over a year ago the LHA has increased the housing allowance and notified the landlord, however, he still requested and…
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Tenancy agreement help
Hi, My partner has recently moved in with me but is having issues with the landlord. When he signed the agreement last year the paperwork said end date 29/07/2020, he needed to take the paperwork to the landlord to sign and said he would bring back the agreement but despite reminders sent it was only given to him…
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Land Transaction Tax in Wales (Stamp Duty)
Hello I'm currently in the processing of buying a house but can't currently complete or move during lockdown. Just wondered whether anyone knows whether HMRC are going to suspend Stamp Duty/Land Transaction Tax payments to help the housing market going forward. Many thanks.
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Buying house down a street with a HMO majority in Hull...
Hi guys, Monday night I'm viewing a house with the girlfriend, the house is big and really nicely done out inside. The girlfriend loves the house and says she thinks the area is fine but I have an issue with the area, the houses all look quite nicely looked after but there is alot of HMOs down the street and that worries…
