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Freehold Service Charge - Estate Rentcharge vs Deed of Covenant
Hello. As I understand it, freehold house owners can be made to pay a service charge in one of two ways. Either via an "estate rentcharge", or by "deed of covenant". It seems that "estate rentcharges" are less popular with buyers and mortgage lenders. My main question is ... can one tell from the land registry what sort of…
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Odd boundary help linden homes
hi all stupidly when we bought our property we didn’t realize the a portion of the front garden was to be owned by linden homes. I have attached a photo of our drive and the bit of the grass to the right is still owned by linden (about half of it, I have drawn the boundary) the red bit is owned by linden We want to buy…
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Buying Freehold
Hi, I own a house in an area where the land is predominantly leasehold. It costs £10 per year and is for 999 years. Some people have purchased the freehold at the cost of a few thousand pounds. I'm wondering what benefit purchasing the freehold in this scenario has? Apart from maybe wanting to build an extension and…
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Freehold and leasehold on potential property purchase help!
Hi all in a bit of Dilema on a property Purchase so the Property we are looking to buy was advertised by the estate agents as Freehold and we liked the home so proceeded further , Now issue is that my Solicitor when doing the Checks Etc sent me Docs from the HM LR showing sections A B and C . A section mentioning The…
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Boiler cost
I know this could go in the Is this quote Fair section, but there's a lot more traffic in here... we've moved into a property in Scotland that had storage heaters. They've now all gone, we've had the gas brought on to the property, SSE have supplied us with a meter and we now need someone to fit a boiler. All of the pipes…
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AP01 form completed for purchase of new build house - Now getting Companies House warning letters
Hello, I bought a new build house in November 2020, as part of the completion process I was asked to sign a form called a AP01, I queried this with my solicitor at the time and they advised that it was standard practice and it was required for the purchase to complete, so I signed the document and everything completed as…
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Offer to landlord for Early Surrender -- pls critique . .
I'm planning to contact a LL directly to make them an offer for early surrender of a residential rental property. I am thinking of offering: - a payment (bribe) directly to the LL equal to one month's rent - payment to the lettings agent of an extra month's rent after the move-out date - payment to the LA a sum to cover…
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Property de-energised...
Hi All, Just after a bit of advice please. A couple of days ago I signed an assured shorthold tenancy agreement for an apartment through an estate agent. During viewing, the agent mentioned that there was no electricity in the property and that it will be up to the tenant to call the electricity supplier in order to…
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Selling leasehold flats and freehold
Hi all, I own one and a half flats in a victorian building, my brother owns the other one and a half - 3 flats in total. We both in agreement that it's time to sell. financially it makes more sense to sell them individually but my brother has concerns about becoming liable for repairs and such whilst not all the flats are…
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Transfer of equity-adding partner
Hello we would appreciate some advice if possible. My partner is adding my to his existing mortgage and we’re borrowing extra to build an extension. We’re getting married in April but will remain tenants in common, with a Will stating our intentions. We’re trying to decide the fairest way to split things and we’re getting…
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Mortgage change
Hello We have accepted offer on our house roughly 2.5 months ago, we just find out that the buyers solicitors JUST applied for the searches. In July we had surveyor from their lender - we though everything going as it should. Few days ago the same survey company rang us to book another appoitment but the lady had no idea…
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Bridging Loan
Hi has anyone recently had a bridging loan? We are ready to exchange on our purchase but our buyer's solicitor is requesting evidence that our builders paid a land charge for street works back in 2014 (house was built in 2018) and we seem to have reached an impasse. The council and builder won't supply this financial…
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Foam insulation on survey
Hi, we are the only link in a chain of 3, hoping to complete before SDLT holiday deadline. Everything has gone smoothly so far. Our sale is awaiting search results, queries are answered and we are nearing readiness to exchange, but there has been a hiccup with our purchase: Mortgage valuation came back at the price we…
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Advice for new rental with issues
Hi everyone, I was wondering if I could get dome advice, I'm a little out of my depth and pretty stressed out right now. I had to move in duress at the start on August, and I went into a single occupancy flat rental. All seemed fine, except there are little frustrations that I've raised to agents, who have been super…
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Best way to share cost of holiday home with family?
I have an opportunity to buy a second home for myself and family (siblings, parents) to enjoy. Fortunately I can get a big enough mortgage myself, so no joint applications necessary. The others are willing to contribute in some manner, since they will have use of it. This could happen a few different ways: - gift me money…
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Am I a tenant? What rights do I have? What are my options?
looking for opinions/advice on what I am legally. I occupy a relatives address, they do not live here. I am responsible for all bills including council tax. I have been here on and off for 12 years ( this period consistently for the past 4 years. ) there has never been a tenancy agreement, physical or verbal or informal.…
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Is 1 month for vendors solicitors to not respond too long?
Hi Am FTB and buying from vendor who has no chain. My solicitor sent queries around draft contract pack on 3rd August and still not got response. Is this too long wait or is 1 month normal timing?
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Survey for house less than 10 year old with warranty?
We'd like a survey but it seems the only one anyone is offering is the home buyers, when we think the condition report would be enough. However for whatever reason we can't find a surveyor in our area who offers a condition report. Does a house still with a good bit of its warranty left even need a £400+ survey? Would you…
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Removals with exch/compl close together
Hey. How are you booking removals when exchange and completion are so close. As can't book until exchanged , but then that's only 3 days .ie possibly exchanging on 13th then moving 17th
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Changing Mortgage with permission to let on the property?
Hi, I have a property which I obtained a permission to let last February, I am now in a position to remortgage as my current deal ends of soon. My mortgage advisor said that because I had a permission to let he couldn't advise me on a new deal and I should contact my current provider, why would that be and is that correct?…
