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Buying Inherited House
Hi I have asked a similar question before but after speaking to our lender (Lloyds), I am slightly confused. Essentially my Wife and her Sister are due to inherit 50% each of their Grans house, probate is currently going through. Their Dad is the executor of the wills. We have agreed a purchase price of £400k so need to…
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Positive stories please!
So I came on here to look for a bit of advice and it’s made me so paranoid! We are four weeks in post offer on the house we are buying, and five weeks in to an offer on ours. We don’t have a mortgage offer yet because we need a professional consultants certificate so won’t let without it (hoping to get it tomorrow) but…
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Kitchen rebuild in Victorian terrace
Hi I’m looking to make an offer on a house. The house itself is great in 90% of ways but 2 things 1. The kitchen is long and I prefer them being the width of the house 2. The garden is small, it’s a courtyard really, and eaten into by the way the kitchen is extended. Is what I’ve drawn feasible at all? I’d essentially want…
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Can a flat be sold with an incorrect title?
A property is comprised of two flats as share of freehold. The lease was updated in December 2021 during the sale of the one the flats. This sale was completed in December. There are delays at the land registry, confirmed by calling them. The title of the sold flat is still in the seller’s name and cannot be changed to the…
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How risky do you think this is?
0 = no risk 10 = Russian (I know) Roulette with no empty bullet thingies, you know what I mean! Also kindly state your level of risk taking in general, in percentage form! Or song form. 59% LTVOld and potential to be very cold house. Mortgage repayments 36% of take home pay, 5 year fixed One salary is part time with…
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Father providing funds for my first home
Hello, I saved some money and I would like to buy my first home. However, I found a home that is out of my budget at the moment (I need two more years of savings for it) and my father offered to give me money for it. This would be the first time ever that my father will make "official" bank transfer to my account. So far,…
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Solicitors and proving source of deposit
Please someone shine some light on this for me. So we have stupidy appointed a solicitor not local to us due to having such an amazing MB we went with one he found on sort refer so he would make a little extra from it. HUGE MISTAKE I WONT MAKE AHAIN Anyway, mortgage offer received on 15th December and conveyancer appointed…
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Vendors of purchase buying from probate
Hi, I'm looking for some advice - I accepted an offer on my property in early October 2021 and had an offer accepted on a property a week later. About a month ago I was told my vendors were buying from probate... I won't pretend, I had no idea what that meant but was told it was nothing to worry about and it was all going…
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How do you get a retention returned?
When I sold my flat we had to leave money with our solicitor to cover any bills/management fees that hadn't been billed yet. What is the usual process to get that money back - assuming it's unclaimed? My conveyancer was frequently less than honest/truthful with me during the sale so if I need to deal with them again I want…
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First time buyer help
I’m a first time buyer looking to purchase using help to buy in London and I’ve been looking at a 1 bed apartment which has a yearly service charge of £2900. The amenities do include a pool, gym, communal gardens etc but should I be concerned that it’s so high it would be put off potential buyers when I come to sell? The…
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S8 court hearing
Hi guys This might seem a silly question but i just need a little clarification I am in the process of evicting a tenant who is way behind with rent payments. I have issued a S8 and now followed that up with an application to court and have a hearing date in the near future. My question is, I can see the application online…
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LISA Penalty
does anyone know if I use the lisa can my mortgage be switched to a buy to let mortgage under 2 yrs ?
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Build 5th bedroom or invest in 4th
Hi All, Please can you help? I’m buying a large 4 bed property. The 4th bed is a dormer with no heating and used as storage. Any investment into the building I want to make sure I’m adding value to the house. Would investing in the 4th bedroom and making it an en-suite with heating add more value than adding a 5th bedroom…
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Estate Agent - Sole Agency for 12 weeks
Hi All, Simple question, is it normal to allow them to be sole agency for 12 weeks, I'm thinking of asking them to reduce to 8 weeks? Your thoughts? Thank you in advance!
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New build boiler
We moved into our new build in 2018 and generally have very few issues. Fast forward 4 years and we have had a problem with the boiler not working, showing an error code. Its been serviced every year and we registered it with the manufacturer upon moving in. The manufacturer have been out under the warranty and repaired…
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Incomplete Convenyacing, what can i do to escalate the issue?
Hi all Last year I completed on the
purchase of a property. Soon after,
I contacted the management company to setup my account in order to pay my leasehold fees. After a couple months of delay (covid apparently), I was informed that
there are still outstanding documents and fees before the property exchange is completed on…
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Help to buy scheme checks?
Hi all just want to find out what checks are carried out, as part of the help to buy scheme equity loan scheme? Could issues with old tax issues with hmrc affect the help to buy or its purely based on affordability and being a first time buyer?. Looking forward to your support as always.
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Buying a house/property
Hi all, I was hoping for some advice on my current situation. I am looking to buy a house which needs work doing on it to then sell on at a profit. That is the plan. The advice I need is will I be able to get going on this based on my current situation: 1, I am a full time carer for my dad. I also have power of attorney…
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What should we do? Can't decide
Hello We are a family of 4. 2 young children. 1 wage family. Not a massive wage. I'm a stay at home mum. We have a few thousand in debt not crazy amounts. We have the chance to buy a property from family. We currently private rent. If we buy it's less monthly mortgage than the rent of 575 which is cheap as we live in a not…
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Advice needed please
Hi all, I was hoping for some advice on my current situation. I am looking to buy a house which needs work doing on it to then sell on at a profit. That is the plan. The advice I need is will I be able to get going on this based on my current situation: 1, I am a full time carer for my dad. I also have power of attorney…
