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Retention Problems
Hello! Hoping someone can help!? My partner and I bought our home on 30th July last week with a retention in place and we are now having some difficulties in getting it back. During the purchase process, a damp survey was completed which showed there to be considerable damp in the property. The sellers/estate agent…
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Buying flat in london
Hello, I’m a single 36 year old woman looking to buy my first flat in london. I’m quite clueless about properties and finding the search a bit overwhelming, so any tips would help! I haven’t decided the area, but have considered Islington, Dalston, Nine Elms, Clerkenwell. I also chanced upon a property near hampstead Heath…
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Natwest - Occupiers Consent and Postponement Deed - witnessing
Hello My sister in law rents a room from a friend who currently rents. The friend is buying a flat in the same building, so is getting her first mortgage. My SiLhas been given a 'NatWest Occupiers Consent and Postponement Deed' to sign. It suggests independent legal advice be taken. As my SiL has no monetary or legal…
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Estate agent won't let me view
An estate agent is selling a property near me that I am interested in. My wife has telephoned them 4 times about getting a viewing. They keep fobbing us off. Viewing is this Saturday coming. The property goes live tomorrow afternoon. They are telling us there are no slots left for viewing the property. We started enquiring…
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Offer made seller holding out for more viewings....what would you do?
Hey folks, so I need your thoughts while I wait ...... and I know there's no answer. But what's your feeling? My house had sold STC, and going through. I'll move in with partner in the event it sells and I have no forward sale completed. I made an offer on a house (which sold last year for 5 grand over ask price). It fell…
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Capital Gains Tax - Which purchase date of property to use?
My husband bought a house with his then wife in 1988, for £32,000. He divorced and bought his ex-wife's share in the property in 2006, when it was valued at £145,000. The house has been rented out since October 2008, but he is hoping to sell it at the end of the current tenancy period. Which date should be used when…
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Gift for my solicitor?
My solicitor has been amazing from start to finish and if we make it to the end (hopefully soon), it will be hugely down to her effort in pushing and chasing the other side. I have sold one house through her and it completed in 5 weeks and my recent sale has gone equally smoothly. I talk to her on the phone a great deal…
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Can't complete today :(
Very briefly - for our house purchase, same day exchange and completion was arranged at short notice. Our solicitor sent the seller's solicitor an email on Tuesday saying that we wanted to complete today. Chain-free purchase, buying with a mortgage. All pre-completion checks etc were all completed by lunchtime and we…
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Recovering a debt from the proceeds of a house sale
Short version of the story. I am a self employed tradesman and I was contracted to do some work in a house being refurbished by a young couple who had just bought it. All went well and first invoice was paid, but by the time I had finished and prepared the second invoice the couple had a major bust up, the bloke…
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Surveyor Insurance Valuation same as Market Value?
Offer accepted on house and paid for level 3 survey and valuation for insurance purposes (ie. Cost to rebuild the house if it falls down) due to subsidence issues. Zoopla said market value £1M and we paid £1.1M Online insurance quotes recommend to insure the house for about £500k but our surveyor is insisting to insure for…
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Claiming From Estate Agent due to Incorrect TDS Claim?
Hi Folks, I hope you can help me , I am very annoyed at the minute. I rented out a fully refurbished 2 bedroom property last year to two "professional tenant"s who Haarts recommended to me, I was told these two tenants were doctors and have rented with Haarts for over 5 years with no issues. Within months of the tenants…
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Stamp duty question
My first property is a BTL. I now want to buy a property to live in and obviously will be selling my BTL. What would be my stamp duty in this case? Thank you
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Should I buy an apartment in a block without knowing if it will pass the new fire safety regulations
I am looking to downsize to a flat but have delayed due to fire safety issues but now Mr Gove has said all ok he will get the builders to pay for any issues is it now safe to go ahead with the purchase.
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Damp Survey or Quote?
Hi, my homebuyer survey found evidence of damp and recommended a full survey. Should I get a full survey or just a quote. The damp is visible although I managed to miss it on my very rushed visits because the area by the back stairs was incredibly dark and I focused on my feet and the stairs to avoid falling down the…
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Stamp duty refund
Hello I am paying the SD on a second property as my current one hasn't sold yet. Hoping to sells in the next few months, so I should get a refund on the second property SD. Does anyone know how long this takes to be refunded? And is the process complicated? Thanks!
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How to increase credit rating.
Max, my 21-year-old serving police officer grandson, wants at some point to buy a flat. What is the best way for him to improve his chance of a mortgage? I thought I would ask you lovely people. Thank you
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Rented house no boiler and told no repair for two weeks
Hi all, New to the forums but long time reader. My partner and I realised our central heating had failed in our rented property last Thursday and we notified our letting agent. Thankfully they sent someone out the next afternoon (Friday) to look and try and fix the issue but it turns out the boiler is knackered and needs…
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Adding person to title, liable for SDLT?
Husband and wife have lived together in property A for over 17 years. Property A is only in husbands name. Property B (BTL) only in wife’s name. Property C (BTL) in both names. Mortgage on property A now paid off. Will there be any SDLT for adding wife to title? Although the total number of properties in wife’s name would…
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Apply for BTL mortgage as back up plan.
I am thinking of back up plans to continue my purchase. The buyer is still hanging on, but things are not progressing fast and there is still no guarantee what time frame they will get things done by and if they will get their mortgage offer The plan is to therefore potentially remortgage current house on BTL and rent out.…
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Homebuyer's report on Garden Flat says damp, asbestos and fire damage - what to do?
I'm an FTB, buying a Share of Freehold ground floor flat in an old Victorian conversion (4 flats total in the building). It's a probate so info about the history, including when exactly it was converted/extended and last renovated, is non-existent. From the viewing I thought it needed a lot of cosmetic work, eg new…
