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Offering on a new build plot not yet on the market
How do you offer on a new build flat by a developer marketing through an EA if the particular plot isn’t yet on the market? The particular plot is not yet being marketed on the open market and only found out about it as I enquired about it. I was told that they are open to discounts and incentives at the right price. It…
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How long is reasonable to wait for a decision from a landlord?
Hi all! I'm relocating for work to a city about 6 hours drive away from my current one (so popping up and down for viewings etc isn't possible, I've taken a week off work to come down and get it done). I had some viewings on Tuesday and found two places that I really liked - property A is my favourite, and property B my…
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Internal water leak in property we ar buying - but already exchanged contracts :(
We exchanged contracts on Tuesday with completion date being the 30th June. I have started to sort out all the accounts and just called the water company.They informed me that there is an internal leak in the property and the property has a high consumption flag attached to it. They said it's the owner's responsibility to…
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Feel duped
We bought a 270 year old cottage, we had a full structural survey carried out and the bank carried out their survey, this was sold as a detached property with underpinning work carried out 40 years ago. All surveys confirmed they were happy no structural issues. We have been in the property 3 months and I literally saw my…
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Buying a house from someone moving to a new build
Hi all, We’re first time buyers and have had an offer accepted on our dream home. However the owner is moving into a new build and therefore their builders are using a ‘part exchange’ to help them move quicker (I don’t fully understand this?) Due to them moving to a new build we don’t know when this will be ready. We’ve…
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Rent reduction
Hello, I recently learned that my next door neighbours, who live in a rented flat, which is a big bigger than mine, are paying the same amount of rent as me.Do you think I could ask my landlord for a rent reduction based on this fact or I would need to look further on what's on the market? Thanks
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Unadopted Land that's now been sold on- should we go ahead with the purchase?
hi all first time poster here (long time lurker, been so useful over the years to read all the collected wisdom so THANKYOU!) We're in the process of trying to buy a 1930s end terrace house, we'd got almost all the way there. HOWEVER in the searches it says the house owner also has responsibility for charges and…
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Should we of known that a house was steel framed before offer being accepted?
We put an offer on a house in February this year and until we paid to have a home buyers survey done we didn't know that it was steel framed built. Is this something that we should of known about before we put an offer on the house? If so is there anyway that we could claim for loss of money due to not being able to get a…
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Capital Gains 2021
I live with my partner in his house and own a property I have never lived in and rent out. I bought it and then never moved in. The tenants are buying their own home and I am thinking of selling but I have spent quite a lot on the house since purchase and not sure if capital gains will make it a worthwhile exercise. Do I…
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Why do some estate agents list flats as houses?
I come across this semi-frequently now that I'm house-hunting for the first time and I'm kind of baffled by it. I'm used to letting agencies lying about rentals (i.e. listing a room in a house share as a "1 bedroom house" or calling a bedsit with a communal bathroom a "studio flat"), because maybe that actually works to…
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Losing a bedroom for bathroom
We’ve just bought a house very similar to this layout 5 Bedrooms, family bathroom as per floor plan and a shower room on the top floor. At the moment we feel the family bathroom is a little small and we’re thinking of converting the back bedroom to a bathroom and turning the current bathroom into a office to give us a…
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Stamp Duty Refund: unusual scenario
This is a fairly simple question but I can't find this specific scenario anywhere on the forums. Apologies if it's there and I've just missed. I currently own a house with my ex girlfriend. She still lives there. I want to buy my own place as my main residence, which will cost me a bomb in stamp duty. At the end of the…
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Onerous Ground Rent?
Hi, we received an email this morning saying our NatWest mortgage application had been approved, subject to valuation survey. I then emailed our Solicitor to update them on the news and also to see how they were getting on with the searches etc, and they replied saying that they had not started the searches as they had…
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Should I be worried?
Hi a long story with the house we are buying, so will just let you know the stage we are at now. Offer verbally accepted 12th may. 17th may mortgage offer. My solicitor sent the formal offer letter off to executor’s solicitor stating a formal letter of acceptance to reach them by 25th may. No letter received. But executors…
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House requires new roof.. thoughts please!
Hi all, The house we are due to buy in a few weeks has had it's Homebuyer's Report done today and we have news about the roof. It's an Edwardian Semi and the surveyor says the roof is in need of imminent repair, along with a few other minor issues (things one would expect from a house of its age). I've tried getting in…
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Stamp duty deadline
Looks like we’re going to miss it 😢 our buyers haven’t even signed the contract or transfer paperwork because their solicitors advised to wait until all enquiries were conducted. But surely signing in anticipation is sensible? People were buying from haven’t either! Everyone wanted this but we’ve found out today we’re the…
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Buying and Selling - draft contracts / enquiries
Hello :) I'm currently in the process of selling my house and buying a new one and just need some advice to put me at ease. Our purchaser is a first time buyer so there's no chain there and the house we are buying, the seller has already moved out so there's no upward chain either. Our solicitors have had all of our…
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Ground Rent Housing Act 1988
Hello, I was wondering if anyone could assist? We are in the process of selling our leasehold flat. We had a lease extended in 2017 to 125 years and today there is a 121 years remaining. There is a clause in our lease that the ground rent will be £250pa and will double every 20 years which would be capped at £2000pa. We…
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Does nationwide accept Local search indemnity insurance - FTBs buying 1930s semi
Has anyone got search indemnity insurance when buying a property with a mortgage from Nationwide? Our solicitor has recommended that because they don't expect our Local Authority search to be returned for another 4 weeks, we should consider the indemnity insurance as the vendor is threatening to pull out of the sale if we…
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Buying a percentage of a house?
Afternoon all, My partner and I are looking to buy our first home next year. We’ve been looking at buying a new build through the government equity scheme but my partners Mum has offered us the chance to buy her house as she wishes to move elsewhere. Currently her house is out of our price range. Due to this, we’ve…
