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Gifting a residential property
My sister bought a flat to rent out. She inherited some money and bought the flat without a mortgage. A few months later she got married and now she and her husband are thinking of buying a family home together. However as she already owns a house she has to pay the 4% surcharge in Scotland. I already bought my house with…
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Please Help My Seller Has Died
I exchanged on the purchase of a property mid-May 2021, with both parties ready for a completion a week or so later. The property is an executers sale with a number of beneficiaries to the estate. To say the purchase was complicated from the start is a massive understatement, it has taken many many months, but as this is…
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Buying a property with only a part of the land
Hello, We are in the process of buying a house and haven't exchanged yet. The seller also owns the house next door that he rents as 2 flats with a garage at the bottom He wants to change the title as part of the process: 1/He physically shifted the fence by 60 cm (with a simple wooden one - the proper small brick fence…
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LA search
Hi like everyone we would love to complete before June 30th. The only outstanding item is our LA search. It’s going through a personal search company and they’ve told us they’re just waiting for building regs. Is there a way for for us to chase this with the council directly or anything else we can do? Our local council…
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Buying a house then building a new one in the Garden
Good morning, Myself and my wife are in the process of buying a bungalow originally with the intention to undertake a large extension. The property has the possibility to section-off a separate driveway with street access and a plot that would still be a rather generous 8,000 square feet for a new house to be built. There…
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Should i tell new neighbours?
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Probate sale - questions to ask
We've found a property to view and a little research suggests it's a probate sale (although it doesn't say this on the listing, nor does it say "chain free" but it has been very poorly marketed generally). It's been on the market since Feb 2020, we think the owner died in October 2020 and was remarketed at the start of…
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Should you buy the best house you can afford?
Hi, this is a bit of an academic question with prices as high as they are, but if you were buying, should you always get a property at the very top end of what you can afford, or get a slightly cheaper property and leave yourself with some money in the bank (or with a smaller mortgage)? In my search there are big…
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Water drainage of patio
Hi, I recently had an Indian stone patio fitted however when we were washing it down after finishing of the rest of the garden it was noted that the water was running down towards the house. There had been a gap left between the house and patio which had been questioned and he was coming back to sort that as said wouldn’t…
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Who sets the completion date?
I know it is agreed by all parties but who does the running checking if it’s realistic to all parties in chain? EA or Solicitors?
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Home report concerns
Hello all, I am hoping to view a property which needs some work done, and I believe this is reflected in the price. The home report (Scotland) revealed a few concerns. I'm just wondering how extensive the work would be to get it up to scratch and if I should give it a wide berth or see it more as a work in progress.…
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House price increases. Is everyone absolutely loaded?
I just don't get it. I've tried to break it down into simple terms but it still makes no sense. Yes, I know the stamp duty holiday has a part to play but when that ends will we see some sort of cliff edge and then a crash? No, I highly doubt it. Probably a small dip and after 2-4 years that'll have all recovered plus more.…
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Surveyor - conflict of interest
I approached a surveyor to to complete a survey on the house that I am buying, but he has declined on the grounds of Conflict of Interest, because he had completed a survey on the house only three years ago. I guess he means for the people that bought the house from whom I am now purchasing. Is this standard practice? Or…
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Surface Water Drainage
Hi, first time buyer here. I've got the drainage search report back from my solicitor and I'm not sure whether I should be concerned about the bit on surface water. I've pasted the initial summary below, but later on in the report where it goes into more detail there are places with red exclamation marks regarding surface…
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SDLT - multiple dwelling relief on smallholding purchase
Hi, I'm in the process of purchasing a smallholding with a farmhouse, separate apartment, equestrian facilities (stables and arena) and about 6 acres of grazing land. The sellers have run an equestrian business there within the last few years, but do not currently use the land or facilities commercially. I intend to run a…
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Please Help - Gifted Deposit & Lender Consent
I've received a mortgage offer from my bank on the 1st of June. 50% of my deposit is coming from my parents. The solicitors have applied for consent from the bank for the gifts although it is clearly mentioned by the bank in the offer letter. Is it truly necessary for them to obtain consent? I've already submitted a gifted…
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Resales and new builds becoming similar price in parts of London
Is it normal that the price of resales in some parts of London seems to be catching up and becoming level with the price of new builds?
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Stamp duty holiday stress
Anyone stressing over just missing out on the end of June holiday relief? The deeds from my purchasing property have been extremely slow coming from their Building Society and means we will now struggle to make it, through no fault of our own. I think they should have some future relief for July completions as those who…
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Notice of Possession advise
Hello and prewarning of a long post. My partner and I (56 and 46 respectively) received notice of the termination of our Rental property contract today. We have 19 weeks to find somewhere and I need advice on what our best options could be based on our circumstance. We live in the South East (expensive!) My salary is £32k…
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Removal firm or buy new stuff
Hi all. We are soon to move 300 miles. Only 2 of us. Been quoted over £3000 for a removal firm. Is it worth just buying new stuff? Sell old stuff? Has anyone done this? Been quoted £300 to hire a van for the weekend to take vital stuff. Thanks for any advice /experiences
