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Life Time ISA Question - Can I buy a static trailer home?
TL/DR: Can I use my LISA to buy a static trailer home as it's the only thing I can afford after a decade of saving? Hi folks, I've tried looking online but can't find an answer to my question and I'm hoping someone knowledgeable on here might be able to advise me. I've been saving up in my LISA with a view to hopefully one…
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Professional packers
Has anyone used them? I spent yesterday packing - got the loft cleared and some clothes packed. Took hours and barely made a dent. I would live to bring in professionals - but it’s all so personal, and I am messy. Mortified about what they might come across!! Has anyone used them and does It won’t work if you are very…
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Help.
Hi, I purchased the property in February. Since this purchase, I have been plagued with issues, Initially, the cooker was not installed, in which I’d let it slide as the house came with a fully fitted and ‘functional’ kitchen; however, it has come to ahead now, when I have used the bath for the first time and I have…
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I think I need financial advice?
I sold my house recently as I wanted to find something with more period charm. I found out last week that I am now moving to the Bristol area with work. I am currently in a rented property whilst things are organised. I have the profits from the house sale in my current accounts. I am 48. The move is likely to be for a…
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In the process of buying an ex council flat - should I be worried about large bills for major works?
Im in the process of buying an ex council flat in a small village. However, after doing a bit of research, I found out about leaseholders being charged extortionate (5 figure) bills which they sometimes can't contest and I'm starting to wonder if I want to risk buying an ex council flat. It's a good location and a decent…
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Cancellation of estate agent contract
I plan to sell my flat which is currently rented out and I signed a contract with an estate agent following their valuation. I informed the agent that they could not start marketing the property until the end of the current tenancy agreement so they have not yet taken photos etc or listed or advertised yet. I have now…
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FTB relocating to Lancashire / Nationwide Helping Hand query
Relocating I am a FTB looking for advice as I am currently feeling quite overwhelmed. I am from Manchester but looking to relocate to Preston/the surrounding areas for various reasons. I will still be working in Manchester 2-3 days per week and at the minute I don't drive. Does anyone have any knowledge about the…
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Right to Buy - disposal of part of house
How would a disposal of part of a house work when considering repayment of discount and the council's first right of refusal? A disposal of part of a house is a relevant disposal: https://www.legislation.gov.uk/ukpga/1985/68/section/38 So if you owned a house and were selling 50% of the house, would you have to offer that…
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PRC Repaired
Hello, Looking for experiences regarding buying / selling PRC repaired homes (in particular, airey houses). Beautiful house, amazing location, price seems high now I know what I know. Its in the process of being repaired and certified, but would this be a nightmare? I would live there for a good amount of time but perhaps…
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Help to Buy / Target
Hi, im currently purchasing a house of which the seller had used the help to buy / target scheme to buy originally. My question is, her solicitor is saying that Target need 15 days notice and a “set in stone” completion date. Meaning if the solicitor informs Target on the 1st June, we wouldn’t be able to complete until 15…
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Unexpected issue with owning / selling my affordable home
14 years ago when I was single I bought a leasehold house. The freeholder is a housing association. I paid 60% of the open market value at the time, and when I sell I can only sell for 60% of the open market value. The HA always describe this as a shared equity scheme - in reality I think it's actually a…
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New Build - Network Cabling
Hi all, I've reserved a plot for a new build house but network cabling isn't an option on the extras list. Having spoken to the sales manager they have asked Head Office and they have also stated they cant offer it. (They are one of the big developers) I also want to add a satellite cable run from the living room to the…
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Excess money left over after mortgage and sale
With sale of my property along with the mortgage amount I had factored in stamp duty however as that’s still frozen there should be approx 10k surplus left from sale of my property along with how much I have borrowed - what usually happens with this money would it just go to my bank account?
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Another stamp duty question
I am a FTB and I am in the process of buying a shared ownership house. I am planning to pay SD on the whole value of the property to benefit from the SD holiday. My partner owns a flat where he lives and is considering moving in with me asap and then we would be staircasing to 100%.Now, he does not intend to sell his flat…
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£10k Major works charge!
Bought an ex-local authority flat and the council want to spruce up the exterior, it is a block of six flats, over three floors the repairs are extremely minor with some minimal painting, they want to lighten my wallet to the tune of £10k. Are there any procedures or appeals I can lodge to look at this and try to reduce…
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Section 21 - Please is my notice invalid
Hi, Please could someone offer me some advice? My estate agent issued my tenants a 6 months section 21 on 21/10/2020, the notice is also dated 21/10/2020 with an expiry date of 20/04/2021. Fast forward to 20/04/2021 and tenants didn't move out. Contacted a solicitor to start a possession order and they have responded…
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Landlord contact details
I'm guarantor for a friend who is renting in an HMO. She is a foreign national and has returned home so her room is empty. It may be completely futile but she wanted to have a conversation with the landlord about a possible reduction in rent ( the lease appears valid and we know I'll have to pay if she doesn't)however she…
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lease "900 years unexpired"?
Hi, A property I'm interested in is a leasehold: house, part of a row of listed houses with a shared garden. When I asked about the leasehold, I was told "the lease is 900 years unexpired". I asked when from, and the agent tells me it never expires, and that's what "unexpired" means. Is this true? If so, what makes it a…
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Would you buy this house
We have a structural engineer report booked in but interested to know people’s thoughts on this. If you got this report what would be your initial reaction?
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Can I claim loss from sale of a rental property against rental gain
Hi Trying to find an answer to a simple question and searching the internet doesn't seem to help. I've sold a rental property I had for a few years now and in the last year I had a taxable gain of about £1500 on the rents (was empty for 5 months). When I sold it it made a loss of £3300, can I offset this capital gains loss…
