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Property Extension
Hi, we are about to offer on a complete doer upper. We are very attracted to its potential. There are a lot of good precedents on the street so we feel optimistic. BUT we have never done it and are both working parents. So we want to completely rely on professional help. Do you have any advice on what to look out for when…
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We are missing our original Leasehold document!
I’m current Selling my Leasehold flat, we are literally at the point of exchanging but the buyers solicitor is asking for our original leasehold from 1983 for the buyers mortgage company. I have exhausted every person I can land registry, previous solicitor dating all the way back to the people who originally extended the…
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Selling within 6 months of purchasing
Due to redundancy and relocation - we’re having to sell a property we purchased only 3 months ago. It’s been a very stressful few months. We discussed remarketing the property with our conveyancer and estate agent who both said we’d have no problems selling as long as we satisfy the Buyers mortgage lenders as to why we’re…
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Can HSBC take outstanding debt after house sale?
some advice please. my brother has a mortgage with HSBC , he's selling me his house and we are splitting the profit as we bought as an investment. in the meantime he's got himself into some financial difficulties and subsequently owes HSBS 6k for some unsecured debt for which he has a payment arrangement through step…
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License to live rent free
Mother in law is moving into a nursing home She wants her family home to remain as such for one of her two sons and his family. Ive heard of a license to live rent free which she could get to allow this to happen; does it require a solicitor? Ps She is in a great financial position, has enough income and savings to pay for…
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Have employed an estate agent but I may not need them - where do I stand
I'm selling my uncles house out of probate and have put it on the market with an estate agent as its 100 miles away. I have had a phone call off a neighbour (he saw the sign go up) and has offered to buy the house. Can I sell it directly to him without the involvement of the estate agent? Or do I have to sell through the…
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Found out seller is going to prison!
Long time lurker first time poster. More letting this off my chest than advice needed After over a month of getting over the huge process of trying to get a mortgage, which I eventually got, I found out from my conveyancer today that the seller is due to go to prison! They mentioned now this means possibly going to a power…
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Student guarantor
hi all, has anyone been asked to sign a guarantor for you son/daughter only to find you are a guarantor for everyone at that house. Very risky and could be costly if you end up paying for strangers defaulting. Any advice ????
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Drainage issue and Cracking in House we are buying
We are in the process of purchasing a house. The sale is dragging on for a few reasons but there is one sticking point that is preventing us from committing. We recently did full building survey The house is 1970s build and the surveyor has raised drainage issues as he noticed few cracks inside the bedrooms and one crack…
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Onward purchase - conveyancing advice
Hi I have a buyer for my flat with mortgage approved and have today been approved for my onward purchase (mortgage and offer accepted). However my vendor's vendor is still looking for a property so not sure whether I should instruct a conveyancer for the purchase yet? I was going to instruct the same one as for my sale,…
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An unusual tenancy deposit question.
My next door neighbours are a young couple with a baby who have been struggling to pay their rent. The husband was laid off for some weeks during the lockdown and has now got back to full time hours and the wife is on maternity leave. They spoke to the landlord who was very good and agreed to accept half the rent for 3…
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Buying House: Open plan conservatory without building regulations
Hello, My partner and I are in the process of buying our first home, which comes with an open plan conservatory into the living room that was built in 2009. A homebuyers survey has flagged that one wall of the conservatory is only single skin thickness and the floor has no airbricks in place, but the area externally…
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New tenancy agreement advice
Hello, I have been renting my current flat for over 3 years now. We had a 9 month initial tenancy which then moved on to a rolling contract which it has been ever since. We are currently house hunting and so were quite happy to continue with this arrangement until we find somewhere but I have recently been contacted by the…
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AIP and other fun things
Good afternoon all, So, myself and my partner are FTB with a 10% deposit (I know 90% LTV is particularly tricky to come by these days, but I’m lead to believe they are attainable at the moment?) We got an AIP pre-Covid (8 months ago) for a mortgage of around 260k. I am due a pay increase in September so to be in a stronger…
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Shared drive with neighbours - Am I not allowed to block my own half of the drive?
We have just bought a semi-detached house and we have a shared drive with our neighbours. The house boundaries run right through the middle of the shared drive so we both own half of it. Each half of the drive fits 2 cars next to each other. We often have guests over who we always ask to park in front of us on the street…
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Buying a probate house
We are buying a house and have just been told by our solicitor they will be charging an additional £200 as it had been in probate (we were not aware of this as all legalities in that respect had been completed). The estate agent cannot understand why they would be charging more. Can anyone shed some light on this before we…
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Structural defects in Building Survey for house purchase- HELP!
Hi We've just got results of the Building Survey the house we're purchasing - an old Edwardian property. Unfortunately it's highlighted lots of defects with the house. We're not sure what it would cost to address these defects or even how long it would take. We're in rental atm so could live here whilst the remedial work…
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Stamp Duty on a property purchase by a Trust
My brother and I are Trustees of a Protective Trust created in the will of our late mother. The Trust was set up for our sister who has mental incapacity with the intention that it is used for her benefit, principally to buy a property for her to live in. The property will be in the name of the Protective Trust. We have no…
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SDLT on rental property
I rent in London and, if I choose to renew my tenancy at the end of the year, I may be required to pay stamp duty on my rent from about the middle of next year. I've read the information on the Shelter website, the HMRC website and random bits and pieces here and there. I am somewhat at a loss as to what I need to do. I am…
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When does 6 month notice effective from
The announcement last Friday of 6 month notice on AST is this immediate or from certain date?
