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When do you find out how much money you get from a sale?
This is the first time I've been in the country dealing with my own sale and not my first simple question I'm ashamed to ask! When do I get to know exactly how much money will be due to me on completion minus all costs of paying off the old mortgage, estate agent, solicitors etc? I know exactly to the penny what I need to…
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Buying share of freehold on completion?
Hi, We're in the process of purchasing a leasehold flat and know that we'd be interested in pursuing a share of the freehold at some point to enable us to get the loft space demised to the flat. It seems logical to us to try and do this on completion so that we don't have to double up on legal fees, survey fees etc, and…
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Fixtures & Fittings - what’s normal?
We had an offer accepted on a house recently and offered £30k over asking price - about 7.5%. I am now truly dismayed to find that the vendors are expecting us to pay extra for 10 year old fitted stair carpet & fitted bedroom carpet / that has actually been cut to fit around all the fitted bedroom furniture. We have always…
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Family apt sold in Spain, money transferred to my bank account
Hello there Recently, a family member who did'nt have a UK bank account, transferred the monies from their sale of their apt to my UK savings account. This money I will be using to buy a small apt here in UK. The money was a gift, however Im not sure where that leaves me with the tax man. Id rather not pay them anything,…
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Split with partner, ignoring, force of sale
Hi im hoping you can help me. I split from my partner 2 years ago and we co-own a house. The contract of sale was signed as 50/50 and we were engaged to be married. There was every intention for this to be our forever family home. Upon breaking up I was removed from the joint account which was paying the mortgage and the…
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Ongoing freeholder title issue with no time limit.
I am selling my property and have so far lost a sale and an offer because my current freeholder didn't obtain and submit a transfer agreement when they purchased the group of properties. Resulting in myself not being able to obtain a quote for a lease extension (despite contacting both the current and old freeholder…
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tenancy agreement and Break Clause.
Hi, We are in the process of buying a property but we don’t know yet the day of completion. We really like to move as soon as possible. Our tenancy agreement comes to an end next month . Estate Agent keep pushing us to let her know if we are going to stay, but we responded saying that we don’t know yet. But she say we are…
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Unable to view new apartment without my current property being sold?
So I've currently got a ground floor, 1 bedroom apartment with a private garden that I bought two years ago for £98,000. There's currently £80,000 remaining on my mortgage. I've been considering up-sizing to a two bedroom, but I think houses are a little out of my mortgage budget at the moment, and there's currently a new…
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Contract pack - how long?
Hi We’re in the process of moving home - everything with selling ours is going well so no complaints. The memorandum of sale for the one we’re buying came through a month ago but our solicitor hasn’t heard anything from the sellers’ solicitor yet. They’ve chased a few times as has the estate agent but not heard back.…
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My partners credit score is excellent mine is not, will I ruin our chance at mortgage
My partners credit score is good, he takes out credit and repays it and has been doing so for years so he is clear. me on the other hand when I was at uni struggled and made the mistake of getting a laptop on finance and struggled to pay it off with income often changing. I was often in arrears for this before paying if…
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Two storey extension- no building regs
Hi all I am buying a house which has a double side extension to make it a 4 bed rather than 3. I was a little nervous about the small gap of 5 inches between this extension and next doors, but as planning and building regs were approved, I decided to proceed. Now I have found out that there is no building regs completion…
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Property management company
We live in a lovely flat in Hove for two years and we received quarterly invoice for the ground rent. They only give us the total spending/income, etc. which is not enough. We requested the break down and we asked them to give us more details about expenses on the building, how much do other flats pay on Ground Rent, etc?…
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Lifetime ISA / Incentive question
Hi, We are completing on a property next month, our initial intention was to use our Lifetime ISA to pay for the majority of the deposit. Our developer had originally given us a stamp duty incentive of £4K, since the stamp duty is now £0 they have changed it to a deposit contribution. Deposit required: £16,200 Lifetime ISA…
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Love a house that is SSTC, what would you do?
Hi I just want to start with, this is not a thread about gazumping, before anyone gets wound up :) So we put our house on the market last Friday and have 6 proceedable viewings today / tomorrow. We are hoping an offer will come in as a result of those. We saw a house we really loved a few weeks back that was the final…
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Notice period on Resident Landlord Tenancy Agreement
Hi, I'm in the process of buying a house and would like to minimise the crossover period where I would be paying both the rent and the mortgage. In ASTs I've held in the past that have gone periodic, I've had to serve at least the rent period plus a day notice. The agreement I have signed instead states The landlord or the…
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Capital Gains tax calculation on partly inherited rental property in Scotland
I'm not sure whether this is the best board for this question - if not please move as required. Situation is this; 2010 Edinburgh flat purchased for 250K as buy to let. Ownership 47% each to husband and wife and 2% to each of three kids. Title has survivorship clause between husband and wife so same as joint tenants in…
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Buying a house with a right of way/access?
My boyfriend and I went for a first view of a property that we were both very excited about. The space, price, and area are spot on for what we’re looking for. HOWEVER, it’s an end terrace of 4, with no access to the terraces at the rear, and a portion of the dividing 6ft fence seems awfully like a gate between ‘our’…
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RENTAL PROPERTY LAW - SHOR TERM TENANT WRECKED GARDEN - CONTRACT SPECIFIES CARE OF GARDEN
I rented my property via a short term let via Estate Agents who rented through a relocation company who put forward a tenant who arrived with husband and two dogs at the beginning of July to stay for a five week tenancy in my property. On the contract it advised the garden was to be cared for. This was important and I…
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Local housing authority gave bad reference
Hi all, I have been a tenant of my local housing authority (east kent housing) for 20 years. I am now in a position where I need to move to Peterborough asap as my mother has a health condition and needs help, she only wants family to help her, also me and my wife have no family down here and would like to live closer. We…
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Land Registry Complaint - 21 weeks delays for title registration - Risk of bankruptcy
RE: Potential bankruptcy due to unable to get loan on property without updated title To whom may concern, I am writing to raise a complaint regarding the 21 weeks it has taken to update the title deeds of a property I purchased 5th March 2020. Whilst I acknowledge that there will have been delays caused by the virus, it is…
