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Waiting for probate
I wonder if anyone can shed any light on this.. I’m a first time buyer and had an offer on a house accepted back to October 2020, all was going smoothly (valuation done, mortgage accepted after 4 weeks, searches done), then unfortunately one of the vendors sadly passed away so a probate application needed to be made. I…
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How long after signing contracts can you complete?
Wil probably be signing all contracts at the solicitors next week. No chain involved and the house is vacant. Realistically how long does it take to arrange completion day?
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Review service for house purchasing..
Just looking for a bit of feedback really to see what people think. At the moment if you are trying to purchase a house and your sale falls through (or the vendor pulls out), as the buyer you could feel a little aggrieved as you spent money and emotionally invested yourself into the property. Let's say it fell through…
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Smoke alarms ..... leave?
... just occurred to me il be leaving the smoke alarms behind when I move out, totally forgot until I saw them mentioned in another thread and don't want to leave holes in ceilings either. Did anyone else forget or did you take them? Anyway no harm in getting new ones.
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Cleaning Rented Property On Departure
Hi all! This is the first time I've ever rented a property (2-bed flat) and I'm due to move out in 3 weeks at the end of my current tenancy - my landlady is selling the property and I'm in the process of buying my own house as well so it's a mutual, amicable decision. My question is, that obviously I will leave the place…
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House Insurance in place for Exchange
Hi, I apologise if this is a silly question but I am looking on comparison websites to get quotes for home insurance as we are hopefully due to exchange in the next week or 2. Some of the questions are asking about types of locks on doors and windows. Can I just guess and then ring up to make any amendments once I have…
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Coal mine nearby possible down valuation?
First time poster, long time lurker here! House purchase was going pretty smoothly until the results of the survey mentioned there was coal mine nearby. No issues reported but the solicitor mentioned that the bank will want to know and may affect the valuation. That was two weeks ago and no further communication from the…
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How long would you wait?
To cut a very long story short - our sale has taken 6 months now, and we're getting extremely impatient (on a sale with no chain on either end may I add) Apparently everything is sorted, but now the buyer has to take his guarantor for 'independent legal advice'. We're considering putting it back on the market if the buyer…
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Agreed reduction in purchase price, what to do about the mortgage?
We are due to complete in 2 weeks (obviously have not exchanged yet). However, today we agreed a £5,000 price reduction due to a problem with the electrics which has been flagged up. I've been told that I need to inform the mortgage company, and wait for a new decision on them. I guess it could alter the product or offers…
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Single Skin Wall - HELP!
Hi Guys, I bought my house 2 years ago. It is a circa 1870’s mid terrace standard house which had a 2 storey extension added in the very early 1900’s. When I bought it there was no issue, mortgage valuation was fine and for peace of mind I had a structural survey done which came back with usual stuff for a property of this…
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Freehold
Somehow the freehold of my flat is now owned by s company of which I am shareholder of 50%. And other guy who.remts his flat Out is 50%. We both put £35 per month to look after communal areas and pay for insurance to the building.. unfortunately they have AGM Every year and guy has his girlfriend on as diirector and…
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Got cancer: buy council house or abroad
I've been a council tenant for 12 years and we've just been rehoused after the birth of our child last year. Now we live in a 2-bedroom semi-detached council house in a small market town in Lincolnshire. The market value of the house is around 100k. I've recently been diagnosed with an incurable illness. It's not a…
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Becoming a first time landlord
Hi Recently been looking into becoming a landlord and trying to obtain as much information as I can, I intially wanted to get a buy-to-let property several years ago however wasn't feasable due to financial aspect however now do. I am aware that laws have since changed and that being a private landlord is not as attractive…
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How do I change from single occupancy council tax if taking on a lodger?
Want to make sure I don't get in trouble!
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Lack of negotiation but still want the house...
Hi all I'm new here but hoping someone may be able to offer some perspective for me (apologies for the length of the post). For context my partner and I are FTBs, very fortunate to have a gifted loan/deposit from my parents (£75k), are looking at purchasing for around £300k as we know we can get a good initial fixed…
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Declaration of trust and divorce
Hi I'm asking the following for a freind, so it's just good advice I'm after. Freind is getting divorced and he wants to buy his ex wife out. He can't afford to buy her out , so his mother will buy her share out and will be moving in with my freind in her old age. They should then own the house as tenants in common. House…
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Help! Property valued 50k less than offer!!
Hi everyone New here, just wanted to know if any of you had similar experience. I made an offer on a property which was advertised £425k , there was 6 offers and we were selected by the vendors, we offered 428k. However we had a valuation back from the lender and homevuyers report, he said the place is only worth 375k. He…
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Stamp Duty Land Tax - Quick Question
Good Morning All, Hope you're all well and keeping safe. Please can someone help me with a query I have? I am looking to purchase a residential property in June 2021 (the completion date). Currently, I own two properties. One is on a Buy to Let Mortgage and the other is my current residential property. My understanding is…
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Stamp duty pressure :s
I am currently buying a house that had the offer accepted early Jan. The vendor and estate agent at the time were really chill and still building their chain. No rush. However a couple of weeks ago the seller found their onward purchase and have ramped up the pressure to try and get everything done before the dreaded Stamp…
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Help with purchasing a leasehold flat, practically freehold. No responses on LPE1 form
Hi everyone, I am in the process of purchasing a leasehold 1st floor flat and we have been trying to get the responses to the LPE1 form but unsuccessfully for the most part. The owner is deceased and her daughter is selling as an executor. The flat has a very long lease, no service charge and the freeholders and managing…
