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Timeline for buying a house in 2022
Hey all, New member so please do go easy. I'm a first time buyer and currently going through the daunting procedure of getting on the ladder. I wondered what people's experience has been since the stamp duty holiday ceased regarding how long it takes to get the keys? I know there are many factors in play when it comes to a…
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New Build Development - Ground Water Drainage
Hi, Looking at buying on a new build development. We were shown the site plans today and notified that the ground water drainage system would route under the back gardens of the row the house is on. We were told that because of this we wouldn't be able to erect any major buildings (extensions, conservatories etc) because…
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Homebuyer report level 3 showed rising damp and crack
Hello, In the process of buying a house built in the 30s, we hired a surveyor to do a homebuyer report level 3. The surveyor found rising damp and several cracks. He gave a quote for repairs of £6k for the damp and £20k for the cracks and render repairs. The state agent got a damp expert in after we told him about the…
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Barclays remortgage time
I am re-mortgaging to Barclays and taking out some equity. I have a agreement in principle and full mortage application has been submitted by my broker. How long before I expect to hear if this has been successful? Just concerned as I was declined mortgage from Lloyds a few months ago when I went direct to them
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rental notice advice please
Hi all we need a bit of advise (mainly reassurance to be honest) we moved in to our rental December 2019 - we had a 6 month contract and then went to rolling tenancy. in 2 years we have had 3 agents and then the landlord was managing. he passed away last year and another agent is dealing with the property. today we handed…
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Cheap Thermal Images
I apologise if this is the wrong place, it might be more suitable for the techy or DIY section of the forum but posted here just in case anyone else has done the same thing or is thinking of doing the same thing. I am very very worried about a rise in electric and gas tariffs (yep, I was with one of the many companies that…
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Landlord Selling House - Questions on Finding New Property
Hi there, My partner and I have been renting our current property via an estate agency for about 18 months. Had no issues -- however the house owner is going into a care home and her son is having to sell the house to cover the costs. So we were given our eviction 6 months notice around 2 months ago and have applied for a…
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Proof of deposit
Hi, can you please let me know what types of checks does the conveyancer carries out in order to verify your proof of deposit and source of deposit when buying a house? Are bank statements enough and if yes, what period of time do they request bank statements for?
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Buying sibling out of inherited house: stamp duty and capital gains
My partner and his sibling inherited their parents' house last year (50/50 share). They've agreed that he will buy out his sibling - he previously owned a flat and has just sold it, so he's using that money to buy the other half of the family house, and it will be his only property. Our plan is to later sell my current…
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Service Charge misquoted - should I pull out of purchase?
Hi everyone, thanks in advance for your help here. I’m a FTB in the middle of purchasing a leasehold flat in a large 1930s Art Deco block in South London. Things were on track to exchange / complete some time in Feb. Before I made an offer, I asked the estate agent to check & confirm the Service Charge in writing. They…
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covenants and company vehicles
I’ve just moved house and I’m a bit paranoid about the covenants regarding company vehicles. I was told by the agent not to worry as they are over 30 years old. But is there anyway these can be enforced. It’s parked in my own personal parking space just round the corner of the property . It stated “ Not to park any caravan…
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New build Shared Ownership Land Registry
Hello! So we are buying a shared ownership property. It’s a new build and the site has been pushed back multiple times over the past 6 months. The only document we are waiting for is Land Registry Title as it’s currently in The developers name not new homes. We managed to get the document expedited in November 2021 . But…
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Is Lodger income under £7500/year tax free if there is rental income from another property
Is the Rent a room income of less than £7500/year tax free if owner has rental income from another property (i.e. the old flat which couldn’t be sold and was then rented out) ?
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Absence of Easement-is insurance worth it?
A developer has just moved onto a piece of land behind our road of terraced houses and there is a 4metre strip of land between each of the terraced houses and this area of land. is it worth us getting the absence of easement insurance to ensure we still have access to the rear of our properties? No-one knows who owns the…
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Help to Buy ISA advice - £250k cap
Looking for some advice on H2B ISAs. My fiancé and I are looking at hopefully buying a new build house sometime in the next 12 months - however, with house prices as they are, I’m concerned that the £250k house price cap on the H2B ISA (we live in Glasgow) is going to limit us. The houses we’ve been looking at are in the…
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Registering land and covenants
If I buy a piece of adjoining land to my house I understand, upon registering it, I can apply to have it included in with my property but this might not be permitted by land registry therefore house and garden would have separate registrations. Is this a problem? Will this cost the a future buyer more in fees if I sell at…
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Gaining permission for painting/hanging and pet?
My partner and I have recently moved into a new home (still within first 6 months of AST), I am a housing officer by trade so I have some knowledge of renting, but private rent is very different so I am wary of a few things. We plan to be here for a good few years as we save to buy our own home. the house we have moved…
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Help to Buy ISA bonus for deposit
My wife and I are looking to buy our first home. My question is can we use our HTB ISA bonus as part of our deposit? For example: If we had £8,000 in our ISA, (with the bonus this would be £10,000). Can we use this as a 5% mortgage on a £200,000 house? Thanks
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How much support should we expect from an EA?
Evening all Our buyers pulled out last Friday after waiting five months for us to find the right purchase. Can't really blame them: they were very keen to buy our house, but also keen to move from what sounds like a most unsatisfactory situation in rented accommodation, where they are experiencing anti social behaviour…
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Buy to let or bridging loan?
My partner and I are looking to start at buying houses to renovate and sell. I’m looking for thoughts on the best way to finance it. We’re looking for a small house to start with around £120k and have the 25% deposit and the funds for the renovation. However I’m trying to figure out whether to obtain a bridging loan or a…
