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Re-mortgage / solicitors / freeholders
Hi All, We have a BTL property that we are about to apply with the current lender for additional funds, against that BTL property, for an ongoing new purchase. A couple of questions, firstly does this type of change normally require solicitor involvement and potentially additional costs or not ? Secondly as this BTL…
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Cancelled thread ignore sorry
Cancelled thread sorry
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Land registry title query
Hi, need some advise. Backstory: I initially booked a new build with help to buy back in 2019 after finding a buyer for my previous flat. The buyer pulled out and sale of the flat fell through. The builder agreed to part exchange the flat for the house. As part of this price was renegotiated and I had to cancel my help to…
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Leasehold Purchased 2018, Now Told I Need A Solicitor By The Building Society
Can anyone offer me advice on costs and possible effect on new mortgage rate? I purchased my semi-detached house in 2016 with a mortgage from the Nationwide BS. The house had a leasehold on it for 999 years at a cost of £60 a year to the leasehold company. In 2018 I contacted the leasehold company about purchasing the…
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Annoying But Not Nightmare Neighbours
Just posting really to see how common annoying, but not at the level of nightmare neighbours are. We moved into our house just over 2 months ago. In that time the (attached, semi) neighbours have had 2 parties that have gone on past midnight. The first one I could only hear talking, but it did keep me awake. The second I…
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Seller not giving completion date - it’s been 3 months
We had our offer on a house accepted in January. Since then, we’ve completed everything from our end as buyers. Mortgage in place, all searches etc. done. We were ready to start discussing a completion date back at the start of April. The seller’s solicitor came back to us at that point saying that the seller was not ready…
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Level 2 vs Level 3 survey when intending future extension?
Hi, We're currently buying a house as FTB's (mortgage valuation booked!) and now want to arrange a survey. It's a 1960's mid terrace with a very dated interior but otherwise in apparently good condition inside and out so we're not expecting anything major to come up that we're not already aware of such as probably needing…
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As freeholder how do I extend my own leasehold ..
Hello clever people. I am a little stuck - I am the freeholder of a Victorian property converted into 2
leaseholds. I also own lease hold A. - What to my mind should be as simply as granted myself an extention (with legal costs) I have been told it involves leaseholder B though I can't see why !!Leaseholder B changed…
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Tenancy Deposit + Fees
Good morning all, Our tenancy is due to end in August 2021 (it was extended from 8th June 2021) as we are buying our first home. I'm just trying to work out some of the deposit and fees information we paid at the beginning of our tenancy to make sure we aren't paying for illegal fees. The initial tenancy started on 8th…
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Non-compliant loft conversion - run?
I'm currently pretty deep into the conveyancing process of a house purchase in the London outskirts; it was advertised as a 4-bed Victorian terrace, with a loft conversion. It's a fairly small-scale loft conversion - 2 velux, flooring, fixed staircase, no roof line alterations Our surveyor noted the loft floor was sloping,…
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Deed of variation
Hi i Was wondering if anyone could provide any experience they have of waiting for a deed of variance to be done when buying lease hold property (ground rent issue) just a rough idea of how long the process took and how long it delayed the sale thanks
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Index map search
Is anyone aware the timescale for the index map search SIM to arrive ? The application has been made online .
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Is covid delaying exchanges?
Called our EA today to try and get a progress update on our chain. (I have another thread on here with my situation on). Asked if they have any rough idea when exchange may happen. She said that currently, exchange is happening as late as possible due to covid and the risk of someone in the chain contracting it and not…
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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…
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Can this situation still counter as first time buyer?
Hello, If a house is bought under two persons' names (e.g. property bought as a couple) and both never had a house before, does it mean that now both will not be counted as a first-time buyer anymore? If so, that is a bit 'wasteful' in a way because it could have been that both could buy two different properties separately…
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Council tax
Hi I was hoping someone could help me, I have rented out my property to an estate agent last year first everything was going fine the agent put tenants in but after numerous complaints from the neighbours I asked the agent to do something about this and after a while the agent informed me that the matter is resolved and…
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Leasehold Management Pack Taking Forever
I’m currently purchasing a leasehold apartment. No chain. It’s taken about 13 weeks so far so I can imagine that’s not bad going. However I've been waiting for the management pack to get sorted for around 7 weeks of that. As of today my solicitor has received the pack (she’s been too busy to look at it today) and she says…
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staying in the property after completion
Hi AllLong story short, we're about to exchange, complete chain: cash buyer (investor) -> us -> seller1 -> seller2 (moving in with a family). The process was slow as usual until suddenly last week we found out completion by the end of this month is possible. Our buyer now insists on completion before the deadline. We're…
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Landlord checks - EPC and EICR
Hi. As I have mentioned on other threads, I help my parents who are landlords. Some background. The property was bought in 1989 and has been rented out ever since. The current tenant started their tenancy in 2001. So last year as lockdown was beginning, I discovered an EPC may be required. I asked the letting agent (who…
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Homebuyers report has valued shared ownership flat at less than the price
Hello I'm in the process of buying a shared ownership resale flat from the housing association (there's no agent involved so the HA set the price). They value the flats by using a RICS survey but my homebuyers report (also RICS) has valued the flat at 25k less than the HA price. I've got my mortgage offer, so the bank…
