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Pay Share of Freeholder to do loft conversion
We are looking at buying a top floor flat with the idea to do a loft conversion to add an extra bedroom. I've seen a few places online people mentioning a payment to the other freeholder - does this happen in practice? How much should we expect to pay? We can afford to do the conversion with some wiggle room, but can't be…
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Removed for privacy
Removed for privacy
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Redemption statement holding things up?
Hi all, was supposed to exchange today and complete monday. Ftb buying an empty property. My solicitor emailed today asking vendors solicitor if they could simultaneously exchange complete monday, their solicitor has said they are still waiting on the redemption statement but hope itll be in monday... is it still possible…
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Artex asbestos risk
Hi We had a plasterer in today to go over our patterned Artex ceiling. We had been told he would be covering and skimming over the top but found out half way through the job that the texture was too bumpy and he had decided to chip it off. We asked about asbestos and he wasn’t worried due to the house being built in 1999,…
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Radon Report
Our buyer's solicitor is asking us if we have a radon report, as the local area has a slightly higher chance (up to 5%, rather than the average of 1% for the city). We don't. And it seems that to do a test would take 3 months. What does this mean for our property sale? I know they could ask for a retention so that if they…
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Right to buy
Hi everyone, I have been a council tenant for 36 years, I am looking into buying the house using the right to buy scheme with financial help from my son. After some initial research I'm left with a few questions and would like further explanation. I am just wondering how that will effect my benefits. I am currently on…
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Leasehold changes - When are they extected to change and is there anyway to calculate
Hi,I'm trying to decide if I should extend my lease now or wait till the governent leasehold changes, does anyone know when these changes are due to come in? Also is there anyway to calculate the cost of an extension base on the new rules? Thanks for any adviceMike
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Stamp Duty on New Home
Hello... i think i know the answer to this, but i just wanted to get confirmation from some more knowledgable people on here. The scenario: - I own a Buy to Let property already - I do not own a residential property as i'm living at home with parents. - I am about to buy my first residential property to move into. - I am…
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To survey or not to survey?
I am in the process of buying my first flat; a new build property and I am wondering whether I should pay for a survey or not, considering the following: - The property is new, but the building which was used has existed for a long time, but it's been redone. But the outside looks virtually the same. - The costs involved…
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Offer on a house, wrong title
Hi all, thank you in advance for your help. I am a first buyer and am putting an offer (likely to be accepted) for a coach house (4 years old). I have a DIP with some lenders and contacted a few solicitors too. I have been in contact with the EA and something came up. The property is a coach house with only one garage…
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Conveyancer recommendations?
Hi all, With hopefully many of you completed now after the rush since the first lockdown, I wondered if any of you could recommend a me a conveyancer based on your recent experience? Thanks!
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Reduction in property price?
Hi everybody Long time follower of MSE, such great advice on here but first time poster please be gentle with me! :smile: Looking for a bit of input really. I’ll try to put all the main details in here : I have a property up for sale currently, a 1 bed ground floor flat. Been on the market for just over 6 weeks, had I…
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Advice on tenant not allowing Electrical Certification
Hello all, please accept my humble apologies if i have posted in the wrong thread. My existing tenant of 4 years has plainly declined the Electrician to be allowed in the property due to concerns of shielding and the electrical certifications to be non essentials. I had booked for a couple of electricians last year in…
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Advice re Sewers within property boundary
Hi all, been lurking for a while but never posted. We had an offer accepted on a house early September last year. Things seem the have been dragging with our solicitors, but I feel as though that's a common theme within this Forum. Partner and I are FTB, and have had little to no updates from our solicitors, despite…
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Old house - what survey results would make you run?
So, structural survey results are in. The house issues (mid 18th century terraced) are: rotting timber heavy moss on roof Damp downstairs - high levels, like 999 by chimney and 200 at other points plants growing in brickwork Defective mortar joints cracking to render no mastic joint by door no dcp lots of spalling bricks…
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Mortgage valuation £0
I need some advice, I am selling my property I had a buyer and all went well their mortgage offer approved and all legal fine but basically the purchasers could not decide on any kind of date to exchange or complete. They had a home buyers survey and mortgage valuation as part of their purchase in November 2020. This…
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Help! Buyer won’t move out until he has a house and has decided this last minute
I put an offer in for a house 7 weeks ago. The offer was accepted and I have completed all paperwork and I have transferred the money to the solicitor. The solicitor called me last week and said ‘how does the 5th of March sound for a date to get the keys in which I replied ‘great!’ He said don’t start getting things put…
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Division of repair expenses in managed property
I live in a property with many shared flats where some owners (each owning multiple flats) are trying to push through some repair work which is primarily to benefit them and speed up their attempts to sell their properties, and will have no benefit to me and many of the other owners, but these owners want the costs to be…
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Draft TP1
We have finally got down to just a couple of outstanding enquiries that we are happy to proceed with (cash buyers), however the draft TP1 as gone back and forward between the solicitors for almost two months now. Basically my solicitor as requested a couple of issues to be added to the TP1 but is unwilling to provide the…
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Suggestions / advice / unsure
Hi all, as the title alludes to, I'm really trying my best to see the good in a house that I may purchase. The area is fantastic and my limited budget means I'm very definitely wading through the bargain basement. On my travels I came across the below property and took a closer look. The inside, downstairs is spacious and…
