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Puting offers in on multiple properties at the same time
I'm a first time buyer, I've lost out to others who have offered on properties for above the asking price, houses are selling in our area within a day, or sometimes are selling without viewing. I viewed three places yesterday, all have many views and many offers. Am I too soft in only offering on 1 property? People I know…
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Starting BTL Portfolio
I'm planning on starting a LTD company (SPV) with the aim to build a portfolio of 10 properties and hopefully more but initially this is my target to begin. I have one property I rent out already which is in my personal name which has a mortgage of £93,000 and is currently worth around £185,000. My residential property…
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Discounts on properties for over 60’s
Am I the only one that thinks it’s bang out of order that pensioners get to get a house that’s 3 bed with a massive discount due to the 60+ scheme , when in reality that should be going to the younger generation to help them out in life
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Viewing A Rental with Landlord
My wife and I are viewing a rental property tomorrow and the letting agents have said it will be the landlord that is doing the viewing. We are quite anxious as we’ve been looking for the perfect house for a while and this house ticks 9/10 boxes. There’s a lot of interest (so much so that the letting agents have already…
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Chain issues/ probate
Hi all i posted about this previously. I agreed to buy a house in outer London back in April and have since then had problems with the upper chain. The people my sellers are buying from was an elderly lady with daughter trying to sell the house without power of attorney and was applying to court of protection for…
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Allocated Parking and Car Park Repairs
Good morning all, I have just had the survey completed on my purchase property, which is a 1992 freehold terrace house with 2 parking spaces in a residents car park at the back. My understanding is that the vendor pays £10 a month to a management company (run by one of the residents) for the maintenance of the car park. I…
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Newbuild not being built quite to plan, what is permitted?
We are looking at purchasing a newbuild from a small local developer. But have noticed as it is getting built the build is not quite matching the plans. 1, The garage for the house was attached to the neighboring property and detached from ours in the plans. It is being built with the garage now attached to ours. 2, There…
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Is contacting the vendor directly ok?
We had our offer accepted on a property nearly a month ago. So far there is no progress on the purchase and we are getting no responses from the estate agent about the forward chain/what’s going on. Is contacting the vendor directly an ok thing to do? Have you contacted your chain directly to try to cut out the middle man?…
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Leasehold reform
Hi, I own a newbuild house with a RPI lease. Would anyone know if there is any timeframe for the Leasehold Reform (Ground Rent) Bill? Realistically are we talking months or years? Thanks in advance.
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Selling house but discovered something
I’ve already exchanged and only just moved out of my house this week - the sale is due to complete on Monday … i knew there was an issue with the roof and had it repaired when I first went on the market in March. Obviously there’s no real way of knowing if the repair is complete other than time and seeing if any issues…
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Anyone from Sandymoor, how is the area in general?
We are thinking about buying a house in Sandymoor, and I was wondering if there is anyone on the forum who knows the area. Seems to be full of green spaces and young families and we get overall positive feeling, however there are couple of aspects that I am trying to have more clarity on. In the new estate being developed,…
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Worried about short term tenancy not being renewed
Hi all,I hope this is the right place to post.. I'm on ESA and pip as i have a few conditions which mean I'm unable to work or look for work at the moment and for the foreseeable future. I'm in the process of setting up the a supplier for the electricity in the new flat I'm in. There are several issues to resolve such as…
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House sale survey
Hi everyone my mother in law has put her house on the market having lived in it for 47 years. The house has been well maintained and any issues rectified immediately. She received an offer she accepted and the buyers had a survey done. They have since pulled out as say the survey is alarming (the surveyor was in the house…
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Is our vendor serious or should we move on?
Ok, before I ask this, it’s important to know we aren’t foot stomping FTB, this is the difference between us being homeless or not. We are losing our house as it came alongside my husband’s job. We have received our legal notice, so time is really of the essence. We were clear about this when offering 8 weeks ago. 8 weeks…
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Do the landloard always have agreement in place for the duration of a tenancy
I had rent out a property the initial rental agreement ended last month and the tenant continue to stay and in general is it necessary for me to extend it by draftup/sending a new tenancy agreement, if not would this affect the landlord insurance, and/or have implication on other things that I am not aware of? The tenant…
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Exchange delayed due to lack of help to buy completion statement
Hi, we were told by our solicitors that we would exchange early last week with a completion yesterday. We found out on Wednesday that the first time buyers at the bottom of the chain (there are 4 in the chain FTB, our buyers, us and the house we’re buying which is empty), had only just closed down their help to buy isa…
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New build price in London
Is 340k a good price for a new build 1 bed in London with outside space and 435 square feet of internal floor space? The developers are currently offering a 10k deposit contribution and £1000 towards stamp duty if purchased off plan. Comparing to other new builds in the area, there’s a studio with 410 square feet of…
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Struggling with my solicitors
Hi all I was wondering if I could get some advice from those who have had more experience of buying / selling and therefore more interactions with solicitors.
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Government Bonds
Are Governments investment bonds any good right now or are there better options on 2 year investments?
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Enquiries from solicitors
Just when we thought they had no more questions… we don’t really understand this and have asked for clarification but get better and quicker answers here, (thank you everyone). Question below: Please provide rights over the rear of the property its an Edwardian mid terrace with a private garden and has a service road to…
