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Property survey suggests replacing boiler
Hi guys Please can you advise on below survey details from surveyor. Thanks ‐--------------------------------------------------- The heating is provided by a back boiler which is located in the fireplace behind the gas fire in the dining room.I was unable to identify the exact model of appliance but it appear to be from…
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5 year old defaults
Hi there. My partner and I have 10 % to put towards a mortgage. Unfortunately we both have defaults, mine come off this year, but my partners come off next year. We hardly have any debt and are both in full time employment. What are the chances of getting a mortgage with 10 %?
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Buy to let mortgage and income tax?
Hi, I am considering investing some of my savings in to a
buy-to-let property and was wondering if anyone had any advice they may be able
to offer as I am very new to this, I have had a read through the info on the
forum and it all seems very complex. Apologies if this has already been
covered. I am currently looking at a…
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Final decision on property sale
Hi All, Just wondered if anyone could assist on this situation. I jointly own my flat with a friend, we both live there. If my friend was to try sell, do they need my permission? They paid for 75% of the deposit and I paid the remaining 25%. We've been equally paying the mortgage and bills. Our deed of trust only states…
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Fence Repair Responsibility
A fence between me and my neighbour came down last Sunday and I was told when I brought the property that I was responsible for the right hand side and the back. The left hand side has come down but my neighbour has just knocked on my door saying she is not responsible and she is responsible for the left of hers and the…
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Does this raise any Alarm Bells
I have viewed a flat and I am interested in putting an offer in. It is a newish build small block of flats (6 in the block), 4 years old. Just wonder if anything below raises any alarm bells, in terms of the Ground Rent and Service Charge. Are there any other important questions I should be asking? Thanks for your help.…
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Why was the thread pulled - Is the Market Cooling?
As well as closing down the forum debating house prices the threads are getting stripped out! Why? If individuals are breaking the breaking the forum rules treat that but do not inhibit overall discussion on something that is fundamental to moneysaving. House prices are integral to the economy and how people manage their…
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Buying freehold from council but with restrictive covenants
I bought a leasehold house with 912 years left and an annual ground rent of £5.50 in March 2021. I want to make changes to the property but consent needs to be gained from the freeholder (which is the local council) for most of the changes I want to make which incurs a cost of at least £150 per proposal and this is in…
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Waiting for vendors to find....
Hello! We're FTB and had an offer accepted on a house we're so excited to get into. The owners of the house we've had an offer accepted on still need to find though, they're elderly and looking for a bungalow. We said we were in rented and no rush. However I do have a toddler that I've enrolled at the pre-school near the…
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How to claim interest on Late rental payments
Hi if anyone can help I would be grateful. My tenant had an agreed rent reduction fir 3 months. However she exceeded that and was late by over 6 months. I have eventually got the money and she has left. She is now asking fir a refund as she’s gone 6 days early. The contract extension she received from the agents (finding…
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HTB - Selling Property Redemption Process
Hi! My conveyancer has confused me as to how the Help To Buy equity loan redemption process works through selling my house and paying it back through the sale proceeds. I have already had the RICS valuation and got the redemption information pack letter from Target confirming that this is ok and its the next steps I'm…
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48 years old - Should we continue renting or buy?
Hi, My husband and I are 48 years old and are looking at buying a house together. we currently rent. My husband has previously been bankrupt and has had a house repossessed but my credit is clear. The house price will be around £250,000 and we currently pay £700 per month rent. Have we left it too late, and would we be…
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Who owns which fence?
Hi all. please can I have your opinion. Moved into a property recently. Previous owner informs me I am only responsible for the back fence . I was under the opinion I was responsible for the right fence also. I've had a look at the plans snd it does look like I am not responsible for the right or left fence snd the T marks…
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Best and final - but seemed to be no other interest
Looking for advice on BAFO - have read other threads but this seems to be a slightly different situation. Property on the market with an asking price range of £25k (e.g 300k-325k). Been on the market for 6 weeks (which locally is a long time), we viewed it twice and over the weekend put in an offer for 10% below the bottom…
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EA pressuring to use in house broker - advice pre call :)
Hi all Me again Just been to see a great house, very much liking it and have put an offer in already. However the EA seemed quite insistent that I speak to their inhouse broker "to give me the best possible advantage" as "vendors prefer everything to be in house and we recommend offers that are going through our in house…
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Commercial property reclaiming tax
Trying to find out if as I’m self employed if I buy a property at auction which is plus vat can I claim the vat back? I’ve not registered for vat as I’ve never been a high earner (15k) is there a lot involved? We are currently without a house and I have only a caravan to do my work in so I’m thinking if I buy it I have…
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Default
So I done a dmp 5 years ago another years time and three of my defaults will be off of my credit file .I we I’ll only have one default left I’m debt free but our mortgage is due for renewal next year ,I wanted to remortgage with someone different and borrow some extra for home improvements , will this one default have an…
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Semi-detached boundary doesn't match Land Registry documents
Hi We have a semi-detached house and have submitted an application for an extension. Our next door neighbour (the one we are attached to) objected to the proposal with the comment: The boundary
fencing between properties [redacted] was unilaterally adjusted by a previous
occupant of [redacted] and does not accurately…
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Received Penalty from Management company
I live in a freehold house in a new development area where I share bin rooms with some blocks of flats. A few days ago, I received an invoice from the Property Management Company(who collect service charges), asking me to pay £150 for Tenant Re-charge, which I have no idea what it was for, as there is no explanation and I…
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Landlord Insurance for flats with non-ACM cladding
Does anyone know if it is possible to get Landlord's insurance for flats with non-ACM cladding that will be replaced at some point in the future? Any recommendations? I'm looking for fixtures and fittings and Property owners' liability cover.
