-
FTB: How to juggle house purchase with end of tenancy
Long time lurker, first time poster... We're in the latter stages of buying our first home, hopefully in track for completing in the next month but who knows. It feels impossible to tell how long things will take, especially as we're in a long chain. Until we've got an exchange/completion date, we're not giving notice on…
-
Notice to Lessor ?
After a relatively friendly divorce, my ex-wife purchased a leasehold
property. This was purchased using her share of the divorce settlement, plus
I paid for 32% of her property and have a legal charge stating that.
She has now been told by the Management Company of her property, that the original lease, now nearly 3…
-
House price
Neighbour has decided
to sell his house. As I was interested in the house couple of years ago, they
have asked me if I wanted to purchase the house. What is the best approach to
get actual property price. He has estimated 25k more than price based on Zoopla
valuation. I believe Zoopla valuation is also not correct and…
-
Buying my partners’ other property following a separation
Hi, my partner and I have split after 16 years (and 2 children). She is staying in the family home (currently joint owned) and buying me out of my share (about £200,000). She solely owns another property, mortgage free, worth about £400,000, which I am buying from her. This can’t happen until about December because of…
-
Tenants recalling rent (DDICA 4)
I've been letting my house out through a letting agency and the previous tenants have been very difficult during their time in my house. When they moved out in january 2021 they owed 2 months rent and left the house in a really bad way and caused a lot of costly damage. In december 2020 when they were still living in the…
-
Keep getting landlords mail (several different names)
Hey folks, I know this sort of post has been made a thousand times over, but my girlfriend and I started renting a flat just over a month ago, and we're still receiving our landlords mail. However, one thing I've noticed is that there are several different names. So far we've had mail for about five different people, with…
-
Managing agent lost fund money
We decide to change our MA due to incompetency. By accident, we found out that they paid twice an invoice for our block of 3k to a sub-contractor to do a job.Now the MA claims that this was due to a banking (system) error and that they find it extremely difficult to request the money back from the sub-contractor.What can…
-
London letting agents - fully managed service or just find a tenant?
Hi all, I am going to rent out my London property and the letting agent I met with yesterday has offered two options. The first is where they market the property, manage viewings and find a tenant which would involve keeping 8% commission of the annual rent. The second is where they do the same and also fully manage the…
-
Splitting house ownership unequally
My wife and I are in the process of buying a house for 350k. Much of it will be funded by an inheritance she has recently received of 220k, the remaining cost a joint mortgage between us. Because she is contributing considerably more to the purchase her parents wished for this to be reflected in the legal ownership of the…
-
Land Registry Fees
Hello, We've just had our draft completion statement for our house purchase, we are not selling anything. In the original quote from the conveyancer, they listed the Land Registry Fees as £135, but have charged us £270. On the Government website they state: Apply using the portal or Business Gateway,for transfers or…
-
Vendor's Solicitor Unresponsive - What to do?
Hi, Just an overview of the process so far: 1st March - offer accepted 20th March - vendors onward accepted 24th March - searches paid for 24th March - survey took place 16th April - response to initial enquiries 23rd April - searches report from our solicitor 23rd April - additional enquiries raised based on searches 29th…
-
Buying conveyancing process
Hi! We are looking to buy a property, our offer was accepted around a month ago and 2 weeks ago (10th May 2021) we received our mortgage offer. Our solicitor received the mortgage offer on the next day. We applied for searches at the start of applying for mortgage as we wanted this to be completed asap. Our solicitor has…
-
How can I test my flat for cladding issues?
Hi, my flat is in a 3 storey purpose built property. I am a leaseholder and not sure how/which department to contact to perform a cladding issue assessment. Thanks
-
Can my girlfriend take out mortgage in her name but have me on the deeds aswell?
Hi I have ccjs from private carpark companies, the value is £800 and they are recent. Now my problem is searching for a broker to find me and my girlfriend a mortgage, we have a 50k deposit, house price we are looking at around 220k maximum. My problem is if we do a joint application we will be paying higher interest rates…
-
Solicitors completely unresponsive - do we sack them?!
Long story short, we were in the process of buying a house last summer and withdrew from the sale and then had a long break due to health complications. Our Case Manager at the Conveyancing firm we were using told us that we still had a small amount of money on file (no exact amount but we paid for some searches in advance…
-
All gone quiet? Normal?
Everything was going really fast! Full mortgage application on a Saturday (15th), along with hard search and valuation fee paid. Valuation on the Tuesday (18th). Valuation confirmed on Wednesday (19th). MA asked for extra months payslips on Monday morning (20th) sent via email with an "Everything OK?". Nothing else since.…
-
Rent or buy?
I'm moving to Cardiff from abroad for at least two years. I'm not sure whether I should buy or rent (or how to go about either in the best way). I'd be looking to move in September. I would have about 90000 that could be used as a deposit. I'm currently looking for a job, which hopefully won't be too difficult, as it is a…
-
1-2 weeks away from exchange and our freeholder has changed on our flat
We are leasehold, have to complete by end of June, Our freeholder has sold the flat below us with the freehold of the building and the new lady is moving in as i type this -we knew it was for sale but our previous freeholder would not give us info on dates etc -she was a nightmare with the docs needed to give to our…
-
Simarc and Freehold Purchase Costs
Hello all, I’m not sure this is the correct place to post? I currently live in Leasehold house with 947 years remaining on a lease. We are considering purchasing the freehold due to potentially extending or moving. To get a quote from Simarc I have been told I need to pay a fee. ive been told I will need to buy the…
-
How do you pay for your house refurbs/maintenance
How do you all budget for your new extension / roof / decorating? Just interested really as some of these things can set you back thousands. We are thinking of setting aside an amount each month to pay back interest free credit and then starting over again with new interest free credit.
