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Restrictive covenant advice on ex-council house?
Hello, We are in the process of buying our first house and are hoping to exchange soon. Our solicitor has sent us the transfer deeds which contains restrictive covenants and I am concerned about a few of these, I hope someone can help me figure out what this means. 1) "Not to alter or permit to be altered the external plan…
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Sandstone Cliff Cause for Concern?
Hi all, My wife and I are due to move in on Thursday. We are a cash buyer but are concerned this rock face (pictured) may put off future (mortgage) buyers whenever we may sell. The vendor does currently have a mortgage on the house so it has been mortgageable in previous transfers. What would constitute potentially the…
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Has anyone broke even or profited from selling their new build flat in London?
I'm looking to buy a 1 bed property in East London and I am exploring all my options. I'm looking at Zone 3 areas like Leyton/Leytonstone and Walthamstow. I've got two routes: 1) Help To Buy Equity Loan - 1 bed new build for £375K - £400K. 2) Standard 90% mortgage route - 1 bed older property for budget of aprox £270-310K.…
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Letting property with asbestos
Hi Can anyone point me in right direction. Basically there must be some law about this. As long as it meets some criteria you can but what's the criteria and where can I find it. Thanks
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Redemption figure and exchanging
Help please :) I feel like I'm going round in circles with my solicitors. We're selling our house and planning to buy a new one, the original plan was to exchange on both at the same time but the plot hasn't become reservable yet so we will now just be exchanging and completing on our current house and moving into…
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Breach of contract
Hi, just after some advice please. Completed a house purchase and a few hours after completion we had a call from out solicitor saying the buyer had accused us of being in breach of contract. This is based on: the kitchen not being cleaned - it was throughly cleaned but from photos they’ve sent there was a couple of…
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What kind of survey for a new build?
I'm in the process of buying a new build and it's been 16 years since I last moved! The mortgage valuation has been done and I have my mortgage offer, but I'm unsure if I need to get a structural survey done. I'm planning on getting a professional snagging survey done, but I'm wondering if I should still pay for a…
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TP1
Resolved thank you
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we are selling my mother's house but my brother who has been 'sofa surfing' rent free won't leave
We will be selling my mother's house in order to pay for her residential care (We have power of attorney) but my brother who has been living there for the last few months refuses to leave. He has not paid a penny towards the upkeep of the house, or anything towars the high costs of utilities, and originally said he would…
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Help to Buy Equity Loan vs. Standard 90% mortgage
Hi! I am a 29 year old Female, currently renting in Zone 2 East London (4 bed house share with friends in Bow/Mile End/Victoria Park area). My base salary is £53K, with a 5-20% bonus per year and yearly % pay rises. I'm at the stage in my life where I would like to have my own place which I can make my own home. Most of my…
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Housing association House self improvement.
Watching council house swap on CH5 and a couple on it had totally transformed their LA property spending thousands on it. One they looked at was a standard LA maintained house (basic kitchen/bathroom and only replaced if necessary) to which she said if they swapped they would have to gut it and start again. Now, MIL lives…
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Surveys and Risk of Devaluation
Hi, Struggling to see what price I should start selling my house at. Or how to market it, either, offers over to start a mini bidding war, or £299,995 fixed/guide price which is on the high end but £300k is what I want. I believe the end result could be the same. Valuations Estate Agent 1 - offers over £280k Estate Agent 2…
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Buying house with subsidence
We are looking to buy a house with active subsidence. Wasn’t mentioned by the estate agent so our original offer (which was accepted) is now way out of line. After various surveys we have an idea of the cost to treat it. The subsidence company have advised a reduction in value of 20% due to potential difficulty selling on…
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Land Registry
I believe my conveyancers application to register my purchase of November 2021 may of been expediated? Can anyone advise how I can find out if this has in fact been expediated please? Sadly my conveyancer is very unapproachable. It's a Transfer of Part - Title Number: WS11719. Property No: 73 Thank you
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The Coronavirus (Scotland) Act 2020
The Coronavirus (Scotland) Act 2020 is an emergency law to protect renters in Scotland during coronavirus.- the extension to this giving tenants increased protection is suppose to run out at end of this month - anyone any idea if it been extended again ??
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Seller pulled out- more solicitors fees?
Hello, The seller of a property we where going to buy has pulled out when we where ready for exchange of contracts. We are absolutely devastated to say the least, but it's no longer on the market and they won't sell it. We knew at this stage we would loose the money we have paid for the searches and ID checks etc, but our…
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Searches Returned - how long to exchange?
I'll try to keep this as short and to the point as possible. Searches were returned from the local authority last week and have been given to solicitor today. Solicitor advised they will review and if no problems, will send out contract to sign. By contract, does the solicitor mean to exchange? We are buying a new build…
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Leyton vs. Walthamstow properties?
I'm looking to buy a 1 bed property in East London. Budget is £300-315K for old property and £400K for new build (via Help To Buy equity loan). Which area am I going to see the biggest growth in equity? For both areas, I'm looking at a max of 10 mins walk to the nearest tube and ideally somewhere with outdoor space and…
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Exchange and complete in 4 days?
Hi, I am selling my house and buying another. My buyer is a cash buyer and I will need a mortgage on the house I am purchasing. We have always agreed that the target completion date would be 31/03/22 however I am still waiting on my cash buyer to transfer funds to his solicitor so that we can at least exchange and then…
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Force of sale
I have applied to court for a force of sale of a house i own. My ex partner currently lives there. He is not contributing to the mortgage now and hasn’t done for almost a year. I have a date for an instructions hearing but that is all I know. Does anyone have any experience in going through a force of sale? What is the…
