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Help to Buy question
Hi I'm looking at buying my first house this year through the HTB scheme. Just wondering how the deposit works. So say for instance the house is £330,000, I get 20% from the government which then brings the house down to £264,000. Do I then pay 5% deposit on the 264000 figure? Or do I pay 5% on the 330000? Just trying to…
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When your religious belief mucks up selling your house.
Unbelievable! https://www.bbc.co.uk/news/uk-england-london-60115606
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Planning, freeholder and police
We have a leasehold property in a block where the ground floor are all maisonettes and a couple layers of flats and duplexs above, building from mid 2000s. Building has an odd look with distinctive metal clad doors on the maisonettes and main door with matching cladding on the ground floor. The freeholder says they dont…
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Shared ownership - is it worth it?
Hello. I am 25 years old living in the South East. In April I will have £25000 in savings (including LISA bonus) and my annual gross salary will be around £22625. I am looking to move out of my family home and it will cost roughly £750 on a one bedroom flat to rent somewhere. I have found a 2 bedroom shared ownership…
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Landlord Insurance - Help!!
Hello, I am a first time landlord and I'm in need of landlord insurance before my tenants move into my new flat next week. They are brothers who are studying at a nearby university but their parents will be paying their rent. They have a guarantor and have paid 6 months upfront too. My question is, what do I realistically…
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William H Brown 'financial verification checks'
Hi all, We made an offer for a house today and were eventually told that, despite a second bidder in the mix, we are the vendor's preferred buyer 'subject to financial verification checks' made by William H Brown's in-house mortgage advisor. It sounds fishy to me. We have an agreement in principle through our own trusted…
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Early rental termination
Looking for advice, we terminated our rental agreement early, sent formal notice and had arranged tenants to start the tenancy from the day after our agreement ended. The estate agent confirmed receipt of our termination. They are now trying to charge us an extra weeks rent as they have chosen to delay the start of the new…
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Premier property lawyers - complaint
Hi, further to many issues with PPL as a result of the data breach we lodged a formal complaint, they have finally responded and offered a "full and final" offer of goodwill!!! Just wondering if anyone else who has formally complained has got responses yet? We are deciding on next step! Thoughts from others in the same…
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Have you ever sold a property using one of the main national property auctions?
I'm considering selling a house I own at auction. The house doesn't have a kitchen and therefore suitable for a buyer who doesn't need a mortgage. Do you happen to know if the rates that the auction houses charge can be negotiated at all? Please send a private message to me if you prefer the answer not to be disclosed on a…
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Criminal damage
Hi I live in a privately rented property and in November last year my home was mistakenly attacked by someone thinking it was the house of someone else up the road, the police were involved and I had to move out of the home for 1 month as I had no secure windows or front door. The landlord eventually replaced the windows…
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Home Buyer Report
Hi Just after some advice. If you are buying a house then when would be the best time to get a 'Home buyer report'? What can you do if you have put in an offer which gets accepted but the 'Home buyer report' market value is £10-15k less? Can you ask the seller to reduce the price or not? Thanks
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Delays on home sale so parents offered to gift us deposit
We are currently selling a flat in London, however we have been shafted with delays on the selling side after an issue with our land registry and some paperwork delays from the housing association who manage the building. We put an offer on a really great house and we are anxious not to lose it as houses in the town we are…
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Contents insurance from day of exchange
Hi all, apologies I know this is probably a very stupid question but could somebody tell me whether I need to get contents insurance from the day of exchange? I would think I shouldn't have to as obviously none of my possessions are in the property yet. However everything I read online says to get insurance from the…
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Buying a flat & management company are refusing to give over the Fire Risk Assessment
Hi everyone, I am currently in the process of buying a flat, however, I've had some issues with the management company refusing to pass onto my solicitor the Fire Risk Assessment. This is a very large management company in the UK, and are claiming it is their policy & this document is confidential - however, my solicitor…
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Help
Any comments appreciated I have an apartment which and a interest only mortgage on it... It as approximately 8k equity. I am desperate to change it to a repayment mortgage but never been in a suitable financial position to do so. I have had to move out of the apartment and now living in rented because I have two small…
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Right to Buy
Hello I have lived in the same property as my parent since I was a child. The property is an ex council house and is eligible for right to buy. The problem is my dad is seriously ill at the moment and has a couple of years to live at best. He has suggested that I buy the house with him and then if he dies I would still…
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Borrowing for house purchase
Hi all, long story short (ish!)….my hubby is 60, has been excellent with money all his life…last mortgage paid off 13 years ago, minimal card use, no car loans etc….we are looking to purchase a house and are a measly 17% short of being able to cover the asking price in cash and even then this is only until we sell our…
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Getting through the buying process
Hello all! Tips for getting through the buying and selling journey without too much stress! Our house went on the market last Monday and sold Tuesday morning. We found our onwards last week too. Our sellers still haven’t found anything. Already I’m anxious and waiting for emails from solicitors/estate agents/mortgage…
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Help to buy ISA and inherited property
Hi all, I know there are a few similar posts like this currently stated around these forums and I have searched through them to try and guide me to the issue I am facing in receiving the bonus from my help to buy ISA that had been set up almost 4 years ago. It seems the general consensus is that most people agree with the…
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Negotiating with vendor after a survey - Chimney issues
We're in the process of buying a property but the survey has just come back showing issues with the chimney stack (supported by a bit of wood. The surveyor said it's unsafe and a risk to life and needs sorting asap). We're in the process of getting a structural engineer and then will get builders quotes. I think an rsj is…
