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Living in Let-to-buy during refurbishment
Dear All, I am in the process of buying a house (60% LTV). We will be letting out the current property (75% LTV ). However, the house would require internal alternation to extend the kitchen which may take around 2-3 months. So, we are thinking to live in the current property until the kitchen is extended. I just wondered…
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Volunteered to do the Viewings
Our buyer has withdrawn because we haven't found anywhere yet. It's been six weeks and in the location we want to move to properties have just dried up. The EA contacted two buyers from the first lot who made offers originally and two of them have restated their offers, considerably lower than the first buyers. I got the…
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Ownership rights in scotland
OK here it goes. Myself and my partner (non married) are both 1st time buyers. We have been in touch with a broker who has got us a joint mortgage in principle so we are at the sage of looking for our 1st home and making an offer, however... I have a few things bothering me that my broke is not clear on at all no matter…
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EICR
We are reaching the end of our tenancy. We have bought a house and had a crossover period. Yesterday we had the EICR people back to complete an issue from their investigation prior to April, and they turned the electricity off for four hours. There is still work to do. we are moving out Tuesday and the landlord is moving…
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Debt against house/mortgage
Hi, I was due to complete on my first house sale today, at 16:20 yesterday my solicitor called and advised that the vendors solicitor has just notified them they won't be in a position to complete/exchange today. My solicitor believes this is due to an old debt against the house/mortgage and advised I chased the estate…
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Conveyancing nightmare, how long should it take and how easy is it to change solicitors?
We are currently selling our flat and buying a house. The chain is pretty short, we have cash buyers for our flat and the house we are buying is ex-rental and currently empty. We started proceedings with a solicitor recommended to us by our estate agent just over 3 weeks ago. When we signed up to use them, they said about…
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Sell a house by auction - can't find independent advice anywhere
Anyone know if a useful guide exists? Some companies offering their wise thoughts but I don't know what I don't know that way. Many tks
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Ending a joint tenancy agreement
Someone I know has a current situation and is wondering how to resolve. He and his ex split up and they are in a joint tenancy (fixed term until end of July). He handed in notice and this was accepted by both agent and landlord (he has this in writing via email). His ex decided she wanted to stay in the property and keep…
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Stamp Duty help - annexe, multiple dwelling relief
Hi, we’ve recently purchased our family home. We’ve had some letters from solicitors claiming we may have overpaid on stamp duty as the property has an annexe. The annexe was previous owners mother. It is attached to the main property, has a door separated within, bedroom, lounge, kitchen and bathroom. Seperate boiler and…
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Moving Monday - big problem with removal company - advice please!
So here's the story. We are meant to be moving on Monday and the removal company sent me a request for payment tthis morning (Thursday). Up to then I'd only had a quote, which didn't have VAT added, so I was waiting for an official invoice from them. I haven't got one - just an email requesting payment.After getting a…
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Home Buyer Survey - Asbestos in ceiling
Hi, I have just had home buyer survey report and all seems ok other than the point around possible asbestos presence in ceiling where textured coating has been applied. The report says there is no damage and has minimised risk to health. My question is - is this a cause of concern and should this influence decision to buy…
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Shared ownership vs full
I live in the SE house prices are high. In April I obtained a DIP with a 5% deposit. I found a house I loved but of course got outbid. Nothing else interested me so I decided to stop looking, save a bit more and hope the current madness calms down. I’m renting at the moment in an ideal location for work but it is pricey.…
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Loft Extension costs - North Outer London part
Hi I am thinking about buying a 3 bedroom house, those with a tiny box room. What is the cost of loft extension to create a bedroom and en-suite bathroom? The first floor floor area is around 500 sq ft. Thank you J
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Reducing the price VS length of time - which matters?
Hi all, We decided to sell our 3-bed property 3 months ago and had it valued from a few agents. It (now) seems like they inflated the price and we havent been able to sell yet. We reduced the price after one month, then again after the second month, and now the agent is recommending reducing it again. In hindsight, we…
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What is the length of my lease?
I have a copy of the lease of my flat. In section 2 it reads: 2. In consideration of the price (the receipt whereof is hereby acknowledged) the Company: a) demises to the Purchaser the Property:- (i) with the benefit of the rights in the terms specified in the First Schedule; but (ii) subject to the rights in the terms…
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An issue when the conveyancer / solicitor firm acting for both seller and buyer.
I am selling my property using a national estate agent and part of the
deal is to use their recommended conveyancer / solicitors which was fine. The same conveyancing firm was recommended and used by the buyer. The sale was progressing very slow due to
this conveyancing team and ten weeks later the buyer pulled out due to…
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Creating a Residents Committee to Manage New Build Estate
Approximately 8 months ago I moved into my new house, a new build. The developer is now preparing to leave the estate and its time to plan to hand over responsibility of the management of the estate to the residence of the estate. Only problem is that we don't have any experience of this. Can anyone point me to somewhere…
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Overdraft Vs Mortgage Deposit
My wife and I are currently looking at buying our first property. I have been using my personal current account's arranged overdraft facility regularly for a number of years, and I was wondering, would paying off a couple hundred pounds of my overdraft, and bringing the total overdraft limit down boost my credit score and…
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Probate
Application sent off for grant of probate last week, anyone know how long probate is taking to be granted, not overly complicated, sole beneficiary and got the will thanks
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Property Rights
Hi I`m new to this so would be grateful for any help that anyone can give me. I am really trying to ward off an escalating dispute. The next door neighbour has a right of way over our property - we do not dispute this - it has never been a problem. The previous next door occupants had a conservatory built where one wall is…
