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Unequal shares in house purchase
My son and girlfriend are buying a house valued at £189,000. They are both putting down as deposits £5,000 each and my son has been gifted £45,000 from parents and grandparents. Therefore, having a joint mortgage if £134,000. Please can someone advise re unequal shares? I just want to protect his deposits that have my…
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Breach of contract RE: tenancy length
Hello We’re looking for some advice on whether holding deposits are considered legally binding as our agreement with the landlord/estate agent has been breached. In January this year we put down a holding deposit on a rental property for a 12-month lease, this was agreed and a move-in date was set. 49 days later, we…
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FTBs / Mortgage Question
Note: we’ve an appointment with a mortgage broker tomorrow, but just wanted to get some food for thought/googleable ideas before we go. We’re an unmarried couple looking to buy our first house together. My partner earns 25k before tax, and I’m currently looking for work. We’re looking for a property between 90-100k. Right…
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Accord Mortgage + Issues
Hi new to the forum Just looking for peoples advice who have dealt with Accord Mortgages before. We are trying to buy a property that has Unadopted roads there is no bond or plans in place to adopt the road and sewers. There is no contractor in place for the maintenance and up keep of the road and the developer is no…
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Temporary accommodation - redirection and informing banks, companies etc
We are moving into temporary rented accommodation due to having insurance work carried out on our home. We will be returning here in approximately 6 to 12-months. I'm not quite sure what I do about the post and also about companies etc who have to be informed . To me the obvious thing to do is to redirect the post to the…
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Right to buy - no morgage
me and my wife are currently in a 3 bed semi detached council house. We are currently looking into the right to buy but we are wondering are we able to do so with out a morgage if we had the money to be able to or would we have to have a morgage to use the right to buy. i know its a odd question but i have googled and have…
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Neighbour Trying to Poach Our Buyers
Hi, We inherited a property with a past boundary dispute between our relative and the neighbour. Since our relative passed relations with the neighbour were good and they were friendly to us. The neighbour has also lost a relative and has to sell their property as instructed by the will - they have been asking for quite…
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Massive space in house. Options for 2nd storey
property-72298233 We have seen this house come up fairly local to us and you get a lot of space for the money it seems. Just wonderrd if people thought a 2nd storey layout change could mean an upstairs bathroom of somekind.
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Best Thing To Do With The Money?
We currently own two properties - we’re looking to sell both and move to a bigger home. There are two options as I see it: 1. Sell property one. Put the money - about £100k - in the bank. Sell current home (property two) and have about £200k from that sale. Combine the £200k and £100k as deposit for the intended bigger…
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Can I cancel contract with estate agent before house goes on the market?
I've signed the contract to put my property on the market with Your Move today but a friend of a friend has said they are very interested in buying it. The photos have not been taken and the property is not on the market yet, am I able to cancel the agreement? Is there a cooling off period like other contracts etc? Thank…
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Buying 2nd property with sibling
1st son owns his house outright and wants to buy a second to either live in and let his first or vice versa. 2nd son is off grid, no recognisable income and travels and won't be settling down for years. 2nd has £120k to put towards a house purchase. 1st has £150k and can borrow up to 200k and will be in a position to repay…
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Am I a genius or is this a stupid idea? payment holiday to avoid SVR and move house
I've sold my house and am currently trying to find somewhere to buy, so will likely complete in 8-12 weeks or so My mortgage product is up 30th September at which point I revert to SVR and will be paying circa £450pm more in interest payments... obviously would like to avoid those extra interest repayments My wife has been…
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New build defects warranty expired before buying
Hi, I'm in process of buying a new built flat (in London and 20+ floors building) and very close to exchange. However, there is something disturbing me. Although the building was completed in 2018, the flat which I am buying returned to market in February 2020 as a bulk buyer couldn't complete buying all flats (some 10+…
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Buying house and thinking a head
Hello, First time poster, long time lurker. After years of saving I'm about to buy my first place (I've just had an offer accepted). It isn't in an area I expected to be buying in (its a nice corner of down part of the city) but it is well connected and a decent house that could do with some work. I'm seeing this as the…
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Location vs proximity to family
Me and my brother have had words today over my Nan. Her house is going on the market today for £185,000 although it’s overpriced I think she will get £160,000 for it. She is selling due to being really lonely at the opposite end of the city to him so wants to move nearer his way. His area seems fine to me and house prices…
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Wates prc ‘defective’ Council homes
Who will Morgage or loan on a Wates prc ’right to buy’ Council home?
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How much notice?
Husband and I have literally just agreed a new 6 month extension to our property. It would have been 12 months but we are hoping to buy in the near future. As chance/fate has it we have found a place and would like to put in an offer. How much notice do we legally have to give our landlord if we decide to proceed?
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Buying a half-finished renovation project with extension potential
Hello, Need some advice from someone who knows a bit more about renovations than we do! Our house is currently on the market, and we said we didn't want a project but we wanted to move somewhere more rural. We went to view this property and it's in the perfect location, huge garden and lots of potential to…
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Lodger now Works From Home
Hi, My lodger started working from home during lockdown (fine and temporary) and then subsequently was made redundant. They have since taken on a new role and it requires them to work from home. The agreement we have from when they moved in is for private, residential use so I need to look at this and review (any advice…
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Building Survey is back - opinions please?
Hi all, So our Building Survey was done yesterday. We're yet to receive the report but the surveyor called us last night to go over their findings and we're a more than a little freaked out but unsure if we're overreacting! The house is a mid-terrace, roughly 100 years old and has a cellar and attic conversion. It was a…
