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FTB: Natural ground subsidence, Absence of Easement and Restrictive Covenants
Hi, I am buying my first house. My solicitors has sent me all the searches and the report on Title. I need help in below issues: Natural ground subsidence: In environmental search i can see there is a mention of Natural Ground Subsidence. I am buying in London. Home Buyer report does not mention anything about subsidence…
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Buying an empty house with utilities disconnected
Hello experts! I am buying my first home which has been empty for the last 8 months. I heard that the previous owner has passed away and it is now owned by a corporate. The house is 50 yrs old (1970) semi detached. It needs a full refurbishment but the boiler seemed to have been replaced within 10 yrs. Mortgage lender has…
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How do I make sure stamp duty is paid?
Hi, basically wondering if it would be possible to phone up HMRC to get confirmation that our stamp duty is duly paid? We have a house purchase to be completed next week and our solicitor has been the absolute worst - ignoring emails, not returning calls, and they've made a number of serious errors in the amount of deposit…
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Is stamp duty payable on my main residence if I also have a BTL property
I am moving so selling my main residence, I also own 1 property which I rent out. Would stamp duty be payable when I buy my new home?
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Mother's house in joint names?
Hello all. Would welcome any advice on this. My mum is in her 70s, house is her only major asset, I am her only child. She wants to leave it to me when she dies (and I have been helping her out with the mortgage for years). If she requires care in later life, the council may force her to sell the house to pay for it. Could…
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Overlap of tenancy and purchase
We are hopefully nearing exchange to buy a property and we are in rented at the moment. We don't intend giving in our notice until at least exchange - so this gives us a few weeks where we will have both properties. They're only a mile apart. Can anyone advise as to what we need to do re insurance / council tax etc?
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is land tax payable when selling my home?
Am selling my property and using a conveyancers firm, through my estate agent, who sent me an estimate bill that includes 10K land tax. To the best of my knowledge there is some sort of tax relief and I shouldn't be paying tax on the sale of my place as it is my main home that I live in, its
not inherited, buy to let or…
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Share of freehold - What documents should I have?
Hi everyone... I live in a flat which is part of a large house which has been converted into 5 flats. I own the leasehold for my flat and I am also a joint owner of the freehold with the other 4 leaseholders. I understand that the management of the freehold is arranged by means of a limited company of which I am one of the…
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Broken fixtures, what to tell buyer?
So we move tomorrow and two things have happened in the past two days, the first is the bi-fold kitchen door is broken and the second is that the way our tiny kitchen is laid out in an L-Shape has mean that the support for one of the worktops was a freestanding washing machine with three planks of wood. What I hadnt…
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Capital gains on main residence move after divorce
Husband and I are divorcing. We have main family home we’ve lived in. He owns ( in his sole name) a second property which is currently rented. He inherited this from his parents. Since it was valued for probate it has increased in value by approx £70k. He thinks if he moves into this property as part of the divorce and…
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Footpath
Hi all, could someone please offer some clarification on who owns the footpath which gives access to my rear garden. Attached is 2 images, 1st: text contained in my TP1 HM Land Registry marked 1.5 2nd: the boundary plan the path requires repair/replacement and Im after some honest opinions as to whether I own the path so I…
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Is a Virtual Tour worth the price when selling through an agent?
Is is worth paying (e.g.) £180 for the 360 virtual tour when selling your home through an estate agent? This is not the walkthrough video (which I find unappealing) but the "stand in each room and rotate the camera", being able to click to move through the house etc. What do you think?
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Land registry transferring title deeds
My wife inherited a property from her mum who passed away last year. Probabe has been granted and she is the sole beneficiary. Is it necessary to transfer the property into her name? I noticed when her parents purchased the property 12 years ago in the solicitors pack (paperwork) the previous owners were already deceased…
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Buyers reluctant to pay deposit
I'm finally near to an exhausting sale and purchase. My buyer was going to transfer deposit money yesterday but unfortunately didn’t and also failed today. According to the EA he wants to complete on 5 th March, we prefer 12th March. I have agreed to go for the 5 th March so we can get to exchange. The EA reckons he wants…
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In a bidding war
I have until noon tomorrow to make a final, best offer on a house. My current offer is 165k. The house is on the market for 170k. The estate agent has just told me that there are two other interested parties. I enquired about these offers, but they wouldn't reveal any details. Instead I was told that this next offer would…
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Planning from neighbour
Received notice about neighbours extending. But I’ve sold my house. what do I do?
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Precise Mortgages
Hi guys, Looking for success stories. I’m in my late 20’s with a history of late payments and payday loans. My credit rating is poor however my partners is squeaky clean. I took out a big loan a couple of years ago to consolidate and now I have no outgoings and haven’t for a couple of months. I do have an overdraft though…
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Why not replace sealant in bathroom?
I see so many properties that come up for sale across a wide range of price bands that display horrid blackened sealant around the bath & shower tray & really discoloured grouting & don't quite understand why people don't see to these relatively minor jobs before marketing their properties? It really puts me off of even…
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Rent charge and lenders criteria
Hello hive mind, I wonder if you can help... We are trying to purchase a property in what we thought was the last stages of purchase, when our solicitors told us about a historic rent charge listed on the property. Initially, they thought it was not an issue and could be covered with indemnity insurance. But our lenders,…
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Moving / buying a new house whilst unemployed
I am
looking to move home however what I see as a problem is that currently I am not
working although I do have savings which will last for some time to cover the
mortgage. My concern is that when I engage my mortgage company to start the
process of porting the fact that I am not working may raise a few red flags. I am…
