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Martin Lewis Blog: 'House offer accepted, now they want £20,000 more! What should I do?'
A passer-by stopped Martin in the street recently to ask his opinion on her house buying dilemma. You can check out his view in a video he posted: Martin Lewis: 'House offer accepted, now they want £20,000 more! What should I do?' What would you do? Stand your ground? Walk away? Pay the extra? Negotiate? Tell us your…
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New to the House Buying, Selling & Renting board? Start here
✅ This board is for... * Questions about buying or selling a home * Questions about renting a home * Questions about being a landlord 🚫 This board is not for.. * Debating the state of the economy * Debating house prices in general * Political debates Note: In order to help keep the Forum a useful, safe and friendly place…
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Tenancies in Eng/Wales: Guides for landlords and tenants
post 1 This thread is intended to provide information to both landlords and tenants relating to Assured Shorthold Tenancies (ASTs) in England and Wales. Updated April 2020 to include the Coronavirus Act 2020 and July 2020 to include the Electrical Safety Standards Regulations 2020. Topics covered: Post 2: Repairing…
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Elderly person buying council house
This is a situation within my wider family Woman aged 79 has the right to buy her council house at a massive discount with a view to giving it to her adult grandson. Grandson has been good to her (unlike adult children) House has been valued at £165K and she could have it for £62K. What would be the best way to go about…
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lodgers and cooking on the landing
I've searched the net in vain for an answer to this, so thought I would ask on here. I have two lodgers on the top floor of my 3 storey house. On the top landing is a small kitchenette with cabinets, sink, fridge, kettle, toaster. I supplied these to save lodgers having to come all the way down to the ground floor just to…
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Buying ex out advice
Ex partner and I separated 6 months ago (not married) and he has agreed to me buying him out for 20k, had a DIP and all was going well (eventually, after months!), but have hit a snag in that my affordability wasn’t input correctly (I did provide info, applied directly, lenders mortgage advisor missed it) so now the lender…
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To stay on market or temporarily de-list
Hi all Any impartial advice appreciated Selling our late Mum's house (1930s bungalow). Been on market since 1st June - zero interest. Have reduced price three times, and it is well within the average locally for similar properties, but the market round here is absolutely dead. The Agent we are with (who have been great)…
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Buyers surveyor undervalued our house
Hello all,After being on the market for one year and three months, we finally accepted an offer on our house. The asking price was £280,000 and the offer was £270,000 as we know the exterior render requires some attention. We agreed to settle on £273,000 and a sale memorandum was sent to the solicitors. the buyer arranged…
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What to do with windfall - negative equity, needs lease extension, jointly owned with ex
Hi all, I jointly own a flat with my ex. It's leasehold with only 64 years left on the lease. When we split up, we were in negative equity and couldn't afford to extend the lease or sell, so I've continued living here and paying the mortgage myself, while she rents elsewhere. Money has been tight for both of us - she's on…
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Problems selling and best plan
My bungalow has been for sale just over two months with no interest. The area where i am there is very few sales at the moment. Property valued around £230k and advertised for that. I would need minimum £225 to secure my next property. I got a cheap deal with an agent but they only use rightmove and onthemarket (not…
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Obtaining a copy of my property deeds.
I bought this property over 10 years ago and my solicitor at the time was unable to find out who owned the boundary fences, I replaced the one on the left of my property a few years ago, the neighbours behind replaced theirs last year. The one on the right, my previous neighbour said it was his, the new neighbour is not…
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Land Registry questions
Hi everyone The Land Registry is here on our Forum to help answer its customers' questions. If you have a question pop it on here and it will do its best to help. Related on MSE: 50+ House Buying Tips Free First Time Buyers' Mortgage Booklet 2018 Remortgage Guide 2018 Ultimate Mortgage Calculator
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Wayleave relating to power cables either underground or attached to my property
Hi all, Have been checking out the Forums regarding the wayleave topic but all I've come across are those who have power lines above their properties, presumably on telegraph/pylon type poles/structures. We are an older property so we carry a power line that services two of our neighbours, this line is underground down our…
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Process after signing TR1 Form
We are selling our share of a house - we have now signed the TR1 form and I know that the buyers have signed. On the form we signed there is room for the buyers to sign and I take it that on their form our names would appear. What happens now? Do those forms get sent to the other parties or are they somehow merged? I.E. do…
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Capital Gains tax on a property purchased in 2014 and selling in 2025
According to Gov UK, instead of using the original purchase price if purchased before 2015, you should use the market value of the property as of April 2015. Can I still claim the purchase expenses of estate agent fees and solicitor costs for CG purposes? I know I cannot claim improvement costs incurred before April 2015.
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New "Have a Look at This" thread
The other one has disappeared and any posts I have made are not listed in either my posts or thanks. This thread is for things like: . Spotting pets in properties . Anything awful - decor, extensions etc . Quirky properties . Timewarp properties . Properties in serious repair and anything which is different and of interest…
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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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Sending electrician invoice to landlord --
I noticed two weeks back, on an early Sunday morning (of all times), I woke up to find my electricity had tripped and not the individual circuit switch, I mean one of the main dark red switches on my Memera 2000 unit. I got in touch with my landlord and he came round within the hour really and told me to do something I…
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Indemnity insurance relating conditions of covenants
My house: built in 1969 - local builder - one of approx 300 homes. Original sales contract included a covenant stipulating certain conditions ie no hedges or fences to front, no parking of mobile homes; the problem ones are any form of extension, garden sheds, works to walls, floors, roof, approval must be obtained from…
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Any Airbnbers on here
Hi all I am hoping to move in the new year to a house very near the sea. We will have a spare en-suite room and are considering air bnb to help cover the bills. Any advice or experience that you could share please? The room is ground floor so am wondering if it would be worth making it disability friendly?
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Building regs replacement oil tank
We are soon to be exchanging contracts on a property. The owner is having the oil tank replaced. However, the company fitting the tank say it will not comply with building regulations. He said he fits them for other clients without building regulations 😲. He has suggested seeing if the council will ok it. Basically, it's…
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Trustgreen Estate Management
I'm looking into purchasing a freehold new build property by Bellway and like so many new developments there will be annual estate management fees. I've been informed it will be Trustgreen/Trustmgt that will be responsible for this and fees will be £144 for year 1. Does anyone have any experience of this company on their…
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Opinion: Fleecehold as a high risk investment?
Dear all, Like many others on this forum, I discovered late in the buying process that the property I’m purchasing is a fleecehold—a freehold with ongoing estate charges. I’m now at a crossroads, trying to decide whether to proceed or pull out. I’ve read through many of the discussions here, which have been incredibly…
