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Title Deeds problem - Tennents in Common
Hi there , Sadly my father passed away and I was his sole beneficiary in his will and executor of his will. I completed the probate then went through the procedure of carrying out his wishes. He owned a third share in a commercial property with a title deed showing A Tennents In Common Restriction notice on there, however…
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Poor service from Estate Agent
So, I hired a local estate agent based on recommendation from FB etc to sell our house. The EA were good in terms of pre sales and marketing. It all started going down hill when offer was accepted and the case was handed over to a sales progressor. I complained to the Manager about poor service but nothing changed. That…
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Does a council name on a road sign indicate it’s been adopted?
Hi all, I recently purchased a new build and was informed there would be an annual estate management fee for as long as the new roads remained unadopted by the council (with no timeframe of when, or if that would ever happen). The estate charge was small, with the draconian remedies expressly excluded so I have no issue…
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Down Valuation in Survey Report
Hi， I will feel grateful if I can have some advice on my home purchase. I am in the progress of cash buying my first property in the UK to move in, as we sold an overseas property. Last week, we received the Survey Report and found the valuation is £20K lower than our agreed purchasing price. Though the percentage is…
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First time buyers and deed of appropriation
Newby here! Have just been reading post about Deed of Appropriation posted in Feb, about ways to reduce CGT. However, as executor of estate, house is to be inherited by two ‘would be ‘first time buyers. I am thinking first time buyer status re stamp duty and mortgage/ Help to buy Isa benefits outweigh benefits of CGT…
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Frustrated FTB
As you may be able to see from my previous posts I have been looking to buy a property for two years now. I understand the current climate has impacted the market making it difficult for many other potential buyers. But currently I just can’t help feeling fed up! I’m from a small city in Derby, I have had many experiences…
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Exchange Deposit/Cash Deposit
Hello everyone, This has probably been asked before, so apologies - I can't seem to find what I'm looking for :/ I'm a little confused when it comes to exchange deposits. Here's our situation: * We have agreed the sale of our current property at 295k. * We have Help to Buy on this property, so will be paying back 20% of…
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Social Housing Issue - Bathroom Adaptation
Quick background information. My elderly father has been a tenant in a sheltered housing flat for 9 years. In January 2021 he was approved by the local council and an occupational therapist for a disabled facilities grant (DFG) to have a wet room installed as his current walk in shower with step was no longer suitable for…
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Ground rent review every 5 years, needs to be 10 years?
We recently had an offer accepted on a flat and a mortgage approved. We started the searches and our solicitor has picked up in the lease details the ground rent is to be reviewed every 5 years. Our lenders policy is that this needs to be every 10 years maximum and the lease would need to be amended by the freeholder for…
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Shared ownership resales - does anyone have any experience?
Just that really - does anyone have experience of buying or selling a shared ownership resales (am looking t purchasing a resale property). I'm particularly interested in finding out how easy it is to obtain a mortgage on these properties when buying. Also whether it's hard to sell if the vendor doesn't own 100% of the…
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Leasehold Purchase Rights.
We are currently considering the purchase of a detached coach house that has been on the market for the past three months. When we questioned why it hadn't sold, we were told that as it was leasehold and over £300k, anyone seeking a first mortgage would likely to be refused. The property suits our needs and so we asked…
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Gifted deposit - no ID
Hi all, hope you can help. My parents have kindly gifted me a small amount of money towards my deposit. However, they don't have a passport or driving licence which is required to prove identity under anti-money laundering rules. Do you know what else can be used instead? My solicitor isn't being overly helpful. Thank you…
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Agreed fee (in contract) on replacement boiler not paid after sale
Hi All We brought a house just over 4 weeks ago, before the sale was completed the boiler was condemed and we agreed with the seller to go 50/50 on a replacement, this came to around £1500 each, this was written in the contract. The quick part is we over 4 weeks and still have not had this money, the seller soclistor is…
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Estate agent complaints
So I've just had to withdraw from a sale because the service/management cost of the property were massively understated. This hasn't just been inconvenient, it has meant I have lost the best part of a grand in fees/surveys/solicitors etc. If I were to complain, from the agents point of view they'll simply state that they…
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Flooring plan not shared in contract exchange for new build
Hello, I am currently going through the search pack put together by my solicitor (recommended by the developer) but I have noticed the floor plan was not included. I looked at few other posts on the forum and it seemed that people were actually asked by the developer to sign off on a floor plan. I have asked the solicitor…
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50k drop in house sale price. Why ?
House that is currently advertised for £190 000 was sold a year ago for £77 000 and in 2016 for £126 000. Why such a big fluctuation in price ? I paid for copy of title register and it says price paid was £77000 in March 2021 so a drop of 50k in 5 years then to rise by 110k in a year. There is a note on the document : As…
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Negotiating on a new build
We bought our first home many years ago and at the time all we wanted was stamp duty, integrated appliances, flooring and turf which was all accepted. Since living there we have updated our kitchen and bathroom so would like some of the same features in the new house we have our eye on. Is it better to have a long list of…
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House buying makes you irrational..!
We’re about 5 weeks into buying our new house (which happens to be down the road so we pass it every day). We’ve got no reason to think there’s any issues (currently at enquiries stage and all going smoothly) but when we walked past today our SOLD board had been taken down and there was a ‘For Sale’ sign lying on the floor…
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Choosing a solicitor for lease extension
Hi, is there a roughly standard amount solicitors charge for lease extensions (just the solicitor fees bit, not the valuation, lease cost, freeholder's fees etc)? First quote I have had is £2500 + VAT. Is it important to choose a local solicitor (freeholder is city council) or does that not matter? I'm in an expensive area…
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Stung by Sole Agency Agreement - Am I stuffed?
In late 2020, I listed my property with an Estate Agent who failed (miserably) to sell my house. I gave notice which ended on 8 March 2021 and then relisted with another agency. Unbeknownst to me, on 6 March, the original agent showed my house to a person who then went to the new agency and subsequently purchased my…
