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Landlord costs
I'm thinking about purchasing a buy to let. I know it's not an easy and forgot about thing and there are plenty of things that could go wrong. I'm trying to get a list together of costs, have this so far : Mortgage Insurance gas safety certificate Electrical safety inspection Tax EPC (if the house doesn't have one)…
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Newbuild - more than 6 months between exchange and completion, how does the mortgage work?
Hi all, I reserved my first home a few months ago (Help To Buy), and am getting conflicting information regarding the next steps from the various players involved. I'm really hoping you can clear things up for me! So my reservation end date is 9 March 2022, the estimated completion is October 2022 (which is probably…
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No search indemnity insurance
We are looking to buy a property and the agent has asked if we would use no search indemnity insurance as there are long delays with local searches (approx 6 weeks). It has come from the seller as it is a chain free sale. We are paying the asking price and I'm starting to wonder if its because they are hiding something 🤔?…
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Right of access / Highways / Adverse Possession
Hi When we moved we knew that a small portion of land at the front of our property was owned by Highways England. At the time there was no mention of this being altered and of course we have right of access at all times to our property. However a new housing estate is possibly being built and part of that is a requirement…
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No service charge, maintenance on as and when basis
Hi. If a leasehold property has ground rent but no service charge, and the maintenance is deemed payable on an as and when basis decided by the freeholder, with the cost being split between leaseholders, this sounds more precarious than what I would expect in terms of service charges, managed maintenance and hopefully a…
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How is the building shortage our fault for a delayed house exchange?
I have a story I want to share. Something that has been extremely disappointing to hear after an 8-month wait and I was intrigued in hearing if others had experienced similar issues with property developers (particularly Persimmons Homes). In short, my girlfriend and I have had an offer on a property since June. The…
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Buying house with expired restriction on title deed - who’s responsibility to get it removed?
Hi everyone. I’m just after a bit of advice from someone who understands this better than I do. We are currently in the process of purchasing a house, it’s been ongoing since the start of September. Everything has gone through from a search/mortgage point of view and there is no chain on either end so have no other ties.…
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Rtb repairs
Very angry, applied for Rtb in July 2020 still ongoing today. Nottingham city homes refused to do any repairs in this time, including a leak through my kitchen and now damp coming through ceiling below loft, blown double glazing, water coming through vent in boiler, yet I am a paying tenant still how can they get away with…
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Problem with neighbour's wall
Dear all, My garden is separated from my neighbour's garden by an old double brick wall which is slowly collapsing, mainly into my garden. At this point there is a significant gap and about 20 bricks have fallen into my garden. The wall is not too tall and will not hurt anyone if collapsing however someof the bricks that…
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Buying a second home - advice please :)
Hello all, I am after a bit of advice regarding a purchase of a 2nd
home which will be used as a “holiday home”. . I have used the search function
on these boards, and whilst there is some great advice – I cant really find anything
similar to my situation. I am a long time visitor of the North Devon coast, and have
family…
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Mortgage Lender declined me because they say lodger is a tenant
I had been upfront and honest with mortgage broker saying I had a lodger. I have a written contract between myself and lodger clearly stating that they are a lodger under excluded license as per government guidelines. I sent the lodger agreement to mortgage lender and they said they have declined my application due to the…
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Rent increase - Scotland
I want to increase my tenant’s rent as it’s now below market value (hasn’t increased since she moved in in 2016). As the tenancy agreement was issued before December I understand I don’t need to issue a Rent Increase Notice so do I just send a letter? Do I still need to give 3 months’ notice?
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Purchasing and Renovating Property using Bridging Loan
Anyone with experience on how to purchase, renovate and refinance using bridging loan? I know they usually require you to complete the project within a specified period before accruing interest. What are the steps? Should you request for finance first or wait almost completion? Or should you apply for planning while…
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Evicting an adult child/alternative accommodation
I'm creating this post about my partner (G) of 3.5 years whose daughter (A) is currently living with him. She's 20 and pregnant (due in April). We were both disappointed and flabbergasted with the news and G wants to move forward with his own life with me setting a home together in another county. Now she has made that…
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Property Debt Collection -Issued NOTICE OF BREACH & INTENTION TO ENTER PURSUANT TO MORTGAGE COMPANY
I owned property through a limited company. Sometimes last year, I got a letter from Property Debt Collection Ltd (PDC) demanding payment of £425.23 concerning debt at my property. I acknowledged that a payment may be due since it is my property though I can't recollect any bill that was not paid since I have owned the…
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Damp Survey was incorrect - can i claim or get any money back for the costs of fixing the issue?
I had a home buyers survey completed on my house which said there was damp in various rooms of the house, so I then followed up with a specialist damp survey and they said that there isn't any damp and that the home buyers survey was just covering themselves basically. Based on this I went ahead and bought what I thought…
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Social/ council housing
Hi guys Recently ive had a situation in my life that most likely would put me in a priority listing for a a property by the council. I dont know where to start? Im ideally looking for a nice build type house which i can pay rent but in a few years whennmy situation improves have the right to buy. Can someone show mr where…
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Exasperated FTB - Any Advice?
Hi, Long time lurker, first time poster… My wife and I are FTBs and are completely frustrated and exasperated. If anyone has any advice, or even just some words of comfort, then we’d really appreciate hearing from you. We made an offer on a house back in July ‘20. It was accepted within 24 hours. It was at the lower end of…
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Advise TT fee
Ex is buying my share of the marital house. I've received the paperwork and it says that I can be paid via TT transfer but it will incur a cost of £35+vat. Do I need to pay this as the person receiving the money? Court order also states that ex 'shall pay the solicitor’s fees in connection with the transfer'. Would this…
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New Home buyer
Hi. I’m looking to buy my first home and have just recently had the survey completed. He has undervalued the house by £25k because he says it’s at high risk of flood (close to a lode) and close to the railway line(Soham to Eli) and Soham station and was wondering if anyone had thoughts or experience with something like…
