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Mortgage completely paid off this year - Sell or stay ? Dilemma
Hi All Just looking for a bit of advice/ thoughts if that's ok. We are currently in our first home bought back in 1997. Mortgage coming to its end this Autumn and although the house has always been fine for us ( 2 quickly became 5 ) in terms of locations (schools, parks etc) we have always wanted a back lawn and more room…
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Buying home for family members to live in
Hi all, I hope you are able to give me some advice. I have recently purchased my own home which is a four hour drive away from my parents. I would like to purchase a property that my parents can stay when visiting and spend time with me and my family with the view that in the next two years when they retire, they could…
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New build floor plan difference
Hi, As some of you may know I am purchasing a new build property. There has been delays with at least 15 enquiries going backwards and forwards but nearly at the signing contract stage. Over the christmas period I had another look at the advert on rightmove and noticed the floor plan differs to the actual flat. I'm not…
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Clauses in house deeds
Hi I am just in the process of buying a home with my partner and I would like to add additional clauses in the deeds because I have had negative experiences with home co-ownership in the past. I am wondering if anyone has any experience of this… The clauses I want are; -That if one party wants to sell the house at any…
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Best way to transfer a private property ownership to my ltd company?
Hi I currently own a Ltd company which owns various homes, rented. I currently live in a £400k home, fully paid off. I want to go and buy a new house to live in elsewhere, but the home I already own and live in is an ideal rental. So I would prefer it to be owned by my ltd company to rent out. What would be the most…
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DWH kitchen packages
Hello all. I'm new to all this and have reserved a DWH recently. I know there are alot of other threads regarding kitchen options but none of them seem to have answered my questions. First one is if you go for the silver package without appliances do you get plinth and pelmet lights? Has anyone managed to get these thrown…
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Should I get an electrical survey?
Hi all, I'm buying a flat (maisonette in an old victorian terrace) in London. Had the Mortgage approved and survey done and back just before Christmas. Survey looks broadly ok which is good news, but I'm a bit concerned on the electrics based on some of the fascias hanging off (see below). I know the property was rented…
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Can the First Time Buyer Status be 'appealed' or 'challenged'?
Good evening MSE forum. I have been through previous posts and it seems the only relating to this topic have been specific to the poster's scenario, so I would welcome your advice on the same: In 2015, my mum and step father separated, who were joint owners of the house in which they lived. As part of the separation, they…
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First time buyer
I'm looking to buy my first home but I have old settled payday loans on my account from 2016 to 2019 but nothing since and my credit scores range between good and excellent now. I have two credit cards I pay off each month in full. What are my chances of getting credit from a main lender like Santander/ Halifax as these…
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RICS 3 Survey
I am in the process of arranging a level 3 RICS survey on an older property I am buying and have some questions surrounding this. Firstly, I have been quoted £650.00 by one surveyor and £1050.00 from another. The first is a company and the other an independent. I am confused as to why there is such a difference in price…
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New build house plans/drawings
We are currently in the process of buying a new build and need some drawings for our property as we’re planning to get some add ons in our kitchen however our developer will not give us copies of the house drawings/elevations plans which we need to help design our add ons. Is it normal of developers to not share? I have…
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Stamp duty clarification
Am separating from my husband and plan to sell my original home (which I let for 6 out of 17 years of ownership so appreciate some CGT Will be due). However when I buy a new home to move to will I have to pay the 3% stamp duty. As I will have been living with husband in our main residence for 7 years (though I am not joint…
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No radiators in the bedrooms of the house I am buying
I am currently in the process of buying a house, I have only just realised after looking at the pictures, there are no radiators in any of the 3 bedrooms. The house was built in the 1980's and the current boiler is a Baxi combi (if that is relevant) would I need to have radiators installed or should i be ok without? There…
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Documents for renting
I am going to rent a house from an estate agent in the next month. The agent as asked for bank statements, why is this? What happens if your overdrawn too?
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Too good to be true?
Originally posted in wrong section so reposting here Happy New Year everyone this company has come to my attention and I wondered if anyone had any thoughts or knowledge about/on them. The premise is that you find a house you want to buy, they buy it and rent it back to you. They put away a portion of your rent and it goes…
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Matrimonial Home Rights - form HR1 - Title "Register"? Or Title "Plan"?
Situation - wife of 53 years wants to separate formally from husband, and force sale of house to move into another property with her adult children. His name is the sole one as the property owner (deliberately). He has paid the mortgage off. However wife has been told by a solicitor that due to living in the house for 48…
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Moving without a car
I’m moving (around 200miles) next week but I won’t have access to a car so I’ll have to let the movers take absolutely everything, except for what I on my own can carry easily on public transport. So, any recommendations of what I should carry in my rucksack and small suitcase? I’m going to take my laptop and important…
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First Time Buyer - Story and things I wish I'd known!
As a nervous first time buyer who recently completed, I thought I’d pop
a post up with things I learnt that may help someone else. These things may
seem stupid to some people, but as I said this is more from one FTB to another. So my history. I got divorced in early 2018 and
had some bad credit around that point from…
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Can you refurbish your house with a residential mortgage?
Hi, the title says it all: if I plan to buy a freehold house with a residential mortgage, what's the procedure to follow if I want to refurbish it? Do I have to make it clear from the start (before the actual purchase) with the lender? In this case do I still need a residential mortgage or a different type? I've read of…
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Sell, rent then buy? England to Scotland
Hi all looking for advice as I'm in a panic and trying to do this myself. I live in England, having 2yrs of a 3yr offset fixed rate left (with penalties) I have a job offer starting 28th March. I need to sell my house to buy in Scotland but mindful of the different rules etc. My current plan is to put my house on the…
