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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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First time landlord advice? (Purchasing additional property)
Hi All, As you probably noticed by the title, I am looking for some advice on my current situation regarding becoming a property landlord. I bought my first residential property 2 years ago, completing a full refurb on it at the time (increasing the property value around 30%). Now I am looking to move out of my first…
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Selling 100% owned house. 2 cash buyers. Solicitors fees
I'm selling my house which was left to me by my late parents. I have a solicitor and the house has 2 potential buyers who are offering cash at the agreed price. Is there anything I can do to prevent the buyer changing their mind after the solicitor has already started the conveyance and is billing me accordingly? This…
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Selling inherited house to sister
Hello everyone, I have two issues here that I hope I can get advice on please. My mum passed in 2022 and left me and my sister the house 50/50 we are also joint executors of the will, the deeds are currently in safe keeping with my mums old solicitor and are still in her name. What is the best way to for my sister to buy…
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References
How does it work when you’ve been issued a section 21, cannot be out in the two months stipulated but then have to ask at some point for a reference for any new Landlord..? I’m an exemplary tenant of more than 4 yrs, paid my rent in time and in full without fail but surely it will be counter productive for the current…
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Estate Agent lied about dispute and it cost me thoudsands
I was in the process of buying a house and was constantly being pushed by the agent to exchange and complete very quickly. I had concerns that I was not being told the truth on a number of fronts and as an example the fences in the property were not in the same place as the title plan so I kept asking for clarity and was…
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At what point can i start to view, (cash buying)
My situation is i will have the cash in bank to buy a property at the end of march, partly pension lump sum and partly cashed in company shares scheme matured, i can prove this with the accounts online etc. I wont be requiring/applying for a mortgage. At what point is it practical to start looking at properties? I have,…
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£200k inheritance, property ladder or not?
Hi, We are incredibly fortunate and are about to inherit £200k. We are a married couple in our late 40's, 2 kids. No debt, but no savings either. Currently renting, no assets. 1 side of us says use a large amount for a deposit, get a mortgage and buy a house. Other side says stay as you are, invest it and make it make a…
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Stamp duty
My partner and I are buying a house together which will be our main residence. I don’t own other property but my partner does which he rents out. Do we pay the higher rate of SDLT?
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Completion date
My daughter has just let me know her completion date is 17 December. She and her partner are in a rental, and I have offered to pay for a 'deep clean' hoping they might get their deposit back. They gave their notice at the flat on 1 December so have time. So far I've said that on completion day she will get the keys, and…
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Deposit protection scheme - changing from insured to custodial
I have recently got new tenants for my property and we all signed the terms etc to include the prescribed information under the DPS insured scheme. I haven;t protected the deposit yet (still within 30 days) but I want to instead use the custodial scheme as the DPS insured scheme registration is a headache given the ID…
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What are the grounds for issuing a notice of possession?
Asking for a friend..... She's getting letters from her landlord suggesting that if her rent arrears are not brough up to date quickly a notice of possession will be issued. Now her arrears are less than a full month's rent and I'm surprised that things can proceed on that basis. And she is attempting to bring them up to…
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Retirement flat 'sinking fund'
I'm looking to buy and just about qualify for a retirement flat (in terms of age) After seeing a lovely flat, I returned to the property for a second viewing very keen to put in an offer, just deciding on how much. Same afternoon I rang the estate agent with offer (after discussing with frined who had accompanied me) and…
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Seller refusing indemnity policy
Hi, Hoping someone has some knowledge that can help. I’m currently in the process and of buying an house and we’re at the enquiries stage. There is a history of rentcharge being paid on the property and therefore our mortgage provider requires an indemnity policy. For context our seller is an executor who is selling the…
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Transferring house from sole to joint tennants
Hi, I,ve been quoted around £500 for a simple transfer of ownership from Sole to Joint Tennant's. (myself and my husband) value £450,000, no mortgage, no money exchanging hands. Can someone tell me how much I would pay doing this myself with form AP1 and ID1. Can,t seem to find this easily online. Thank you in advance
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Using my limited company to buy land to turn into my main home
My husband and I run a small business which is a VAT- registered limited company. We have surplus cash in the business but not in our personal accounts! We currently live in a very modest house we have never liked very much, with 50% of the mortgage still to pay. We spotted a great development opportunity recently - a plot…
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Age of building
I have a house which was converted from 2 cottages, with another 3 rooms added. Only the outer walls were used from the cottages. Is the age, still the original built of the cottages or when the conversion was done?
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The NEW waiting to exchange thread...
So the other thread has gone awol so thought i'd start a new one! It was keeping me sort of sane during the house buying/selling process! A place to document your timelines and discuss the triumphs and woes of moving house!:T My timeline - Offer received and accepted on our house 17/07 Offer made and accepted on the house…
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Stamp duty
I asked a question about this before but now I’m a little confused and just need some clarification. I owned a flat which I sold in October. It used to be my main residence for 11 years and then I rented it for a little over 3 years and sold it. I own no other property now and have been living at my Mum’s. Do I pay the…
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Tyneside Flat Title Deeds Not Correct Solicitor not letting sale go through
Background Son buying ground floor flat. His solicitor several months ago said that the title deeds are in the wrong format and it could take a long time to sort out. Son wanted to continue so his solicitor contacted the sellers solicitor. We thought all parties were working together to resolve this including the owner of…
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Property unmortgageable due to clause in title deed?
I am in the process of buying a house built in 2000. The original builders (The transferor) still exist. There is a clause in the title deed that states, my emphasis in bold: The transferor shall have the right from time to time at his absolute discretion to alter the layout of the Estate and the size number and type of…