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Trying to buy but tenant has not moved out
I'm currently a bit worried that the present tenant of the flat I'm trying to buy has not moved, despite numerous reassurances that they were meant to be gone by the agent. I do not want to buy with a tenant in situ, this is a FTB not a BTL. This was meant to be a fairly swift cash transaction. Just wondering if there's…
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Retrospective consent or indemnity policy?
Hi all, We're in the process of purchasing a leasehold house and one of the issues that came up is an extension that was not approved by the freeholder. My solicitor has been pushing for retrospective consent to be sought, while the seller's solicitor is only willing to provide an indemnity policy because they are saying…
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Freeholder won't provide invoices
Evening all I have a leasehold flat in a block of 5, and I'm responsible for 20% of the maintenance costs. It's the only leasehold flat in the block, the rest belong to the freeholder. The bill comes in arrears and there have always been issues with missing invoices to back up the demands. Originally, there were a few…
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Development plan - “landmark building” / need help with the key!
Hey Would appreciate any advice from Any Conveyancers or someone who works on development designs/buildings or building sites to deliver new builds. We are currently reviewing our development plan which we’ve managed to retrieve from the council site & over our plot it states it’s build form is “landmark building” on the…
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Local Block Search???
I hope I can find some answers here. My solicitor's service has been very poor throughout the house buying process, however, we made it finally to completion day tomorrow. The statement he sent me was not aligned with the quote I had previously. I am especially worried about the 'Local block search' he is invoicing me for…
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What happens on completion day?
Hi, I have exchanged and wondering what happens on completion day? I cannot really remember from when I bought. Will we be notified by our solicitors we have completed and wait for this before handing over keys? Our buyer is trying to arrange what time to collect the keys but can we arrange a time or do we have to wait?
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Double checking legalities around periodic tenancy
I'm in the middle of a house purchase and am currently in rented accommodation. I just wanted to check the legalities around periodic tenancies to check I've got it right? We have rented our house for almost 5 years (tenancy commencement 25th January 2016). We have always signed a new AST each year. The lettings agent…
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Expectations of ‘offers in excess of’
I always feel nervous when I see ‘offers in excess of’ in a listing. Surely it’s implicit in any listing that the seller wants to be offered more money than the asking price! I’d love to get thoughts on the unspoken codes around this. Does it mean the seller is hoping for a bidding war? Or that the estate agent won’t pass…
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Should I let or sell - kind advice, please.
Happy New Year. Having inherited a house I have to decide whether to be an 'accidental landlord' or sell. I'm unattracted by the responsibility of the former (although I'd have to use an agent as living 150m from property) but want to do a 'scratch' estimate of relative financial benefit. Could you please advise whether…
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Deposit Situation During House Selling?
I hope the following question makes sense. I will provide detail on the context. I have recently moved from rented accommodation to a house which I own myself. I lived in the prior property for over 3 years and during that time my main landlord switched as my initial landlord passed over legal ownership of the property to…
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Leasehold CMA action - Wallace Estate Ltd
Hi all, I noticed there have been some recent changes forcing freeholders to amend and ease some terms in their contracts, :- CMA action frees leaseholders from costly contract terms - GOV.UK (www.gov.uk:smile: This is particularly important to me as i've been struggling to sell a property for the past few months due to a…
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Buying girlfriends house
Hi Looking to buy girlfriends house as we are splitting up She owns the property and I have lived there since she bought it Property cost £180000 She paid deposit of £90000 She has mortgage of £90000 I have been paying the mortgage which she is happy to give me what is paid in equity of the house There is nothing in…
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Land Transaction Tax (Wales). Buying a new home and letting out one's former home
Can anyone clarify the rules on this? Which? (LTT rates for home movers /home-movers/stamp-duty/land-transaction-tax-stamp-duty-in-wales seems to imply that you do not pay LTT on a new purchase if it is for your new home. A friend wants to move home, but keep his old property as a letting investment (not a holiday let or…
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FTB house searching forum
Hi, I’m a FTB, hoping to buy house this year. Is there a house search forum?? how do I know about new build developments ( houses) finishing in 2022??
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When would be the best time to get another mortgage offer
Our mortgage offer expires in around 7-8 weeks (Feb 26th i think) everything in regards to the house purchase is sorted on our side now were just waiting on the other people in the chain. I asked our mortgage advisor if an extension would be possible and they said no and that another offer would be issued. Do we wait until…
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How much should my future ex get from the sale of the house?
Greetings, and thanks for any advice anybody can give me here. I am going to over simplify the maths in my 'story', and have a question or two I hope somebody can help me with. The situation is very simple. I was married a number of years to a lovely man, but the marriage ended this Christmas. We are friends, there are no…
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Mortgage offer expires = chain falls apart
If I haven't moved in before my mortgage expires does this mean the chain will fall apart and there will be no sale? (I asked my mortgage advisor if a extension would be possible and they said another one would have to be issued)
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Emailing the estate agents for more information
My mortgage offer expires in 7 weeks. Could i email the estate agents i bought the house from and explain this and kindly ask if they can push things along or if they have any idea when exchange/ completion could be ?
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Offer to repair after house sale
Morning all, Fairly quick question (I think). Currently selling my house, hopefully will complete end of Jan. House has a leak, thought we'd had it repaired, but became more noticeable during the heavy storms early December. It is very unlikely I will be able to get a builder to come and sort the problem before the sale…
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how long can an agent hold a deposit?
My friends tenancy ended on 1st November 2021, and now 4th January they still have the deposit. The last communication some weeks ago was that they were waiting to hear about the cost of some small damages to the property (which we believe was rented out very shortly after departure). We responded "we look forward to…
