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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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Garden sold off.
Really nice house for sale in nearby village. Went on the market 2 weeks ago for offers over £650,000. Today, reduced by £50,000 to £600,000 We really like the house, BUT, 3yrs ago they sold off three quarters of the garden for £175,000, and 18 months ago a very large 4/5 bed executive house was built. PP was initially…
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Buying separate items during house sale
Can someone please settle an argument.. As example , you buy a house at an accepted price of 500k and then the owner says they would include/leave a sit on lawnmower, hedge trimmer and some garden furniture for a agreed price. Does the amount for the lawnmower etc get added onto the house price or is it paid for…
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How long would you wait before considering pulling out of a sale?
Got an offer on my house, now it's 4 months down the line from the memorandum of sale and estate agent is still apparently chasing every day, but my buyers' solicitors and their buyers' solicitors are still "dealing with enquiries" with no end in sight. How long would you wait until just saying "the sale's off"? Because…
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Advice sought about putting on offer in for a flat
I have recently agreed the sale of my house but we won’t exchange until December. I found a new flat and have had my offer accepted. The seller is aware and happy that I can’t exchange until December, according to the estate agent. My worry is that if I instruct a solicitor and purchase a new mortgage product and the…
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Selling and renting back
An acquaintance of mine ( friend of a friend) is in dire financial straits and is planning to sell her mortgaged flat to someone she barely knows with the promise that she can remain living in it and rent it. Obviously she loses her 'security' but I gather she's running very close to risk of repossession anyway. I'm just…
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Buyer's lender raising Section 38 / road adoption issues – anyone experienced this?
Hi all, I'm hoping someone has been through something similar and can share their experience. We're currently selling our house on a relatively new-build development (less than 5 years old). The estate roads have not yet been adopted by the local authority and the Section 38 Agreement has not been completed. The council…
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First Time Buyer
Hello, I currently have a Help to Buy ISA l. I am looking to buy my first property next year with my partner. However, my partner already has a mortgage so would not qualify as a first time buyer. I am wanting to know whether I would still be classed as a first time buyer if we were to purchase a property together? I am…
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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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Barrett–Redrow freehold property on land maintained by FirstPort: what rights do homeowners have?
I have lived in a freehold Redrow house for about eight years. Around six years ago, once the housing development was completed, we received a letter informing us that FirstPort would be taking over the maintenance of the estate. This included the roads, pavements, green spaces and the small park. When we bought the…
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Mears Failure to Deliver Vacant Possession
I'm having issues getting my property back after giving them the required notice. 17 January 2024 • Lease entered into between the Claimants and Mears Housing Management Ltd. • Lease term: 2 years plus 14 days. 1 December 2024 • Glenroe Living Ltd subsequently stated that the lease had been assigned/transferred from Mears…
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Lease has ended but company not leaving
Hi All, please advice I have leased my flat to a company
for 6 years. The lease ended April 2022 but we are now in
January 2023 and I have still not gotten my flat back. The rent been paid has been the agreed rate
since 2016 and as interest rate, service charge etc have all increased I am
running at a loss currently. I…
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Illegal eviction, what can I claim for?
When I was remanded into custody, a new landlord took over my property, and illegally evicted me by changing the locks without notice and disposed of all my property. They claimed they didn't know how to contact me despite having my NOK details and knowing I was in custody, I had an email sent of by behalf demonstrating my…
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Spray foam insulation
Hi. I viewed a house and took my brother and he noticed there was spray foam insulation in the loft. He’s no expert so we asked a family friend who is a builder and he says people struggle to get mortgages with it. I mentioned this to the EA and they said the seller doesn’t have any certifications for the installation and…
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Moving home tips - anything over and above the usual?
There are plenty of lists of 'what to do' and 'don't forget' when you're moving home. All the usual - take readings and inform energy suppliers - book a good removal company - get plenty of boxes and packing tape - make sure you know where the kettle is - don't forget the teabags etc etc etc. But aside from these 'everyday…
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Property not on Land Registry
I have just discovered that my house isn't on the Land Registry. I bought in 1980 and it seems all purchases after 1990 are on the registry. I have searched for info online and gone down the usual rabbit hole of misinformation and adverts for Solicitors. I have the original deeds from 1890 (a true work of art) and details…
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Repayment of a key worker loan
Hi all, I am hoping someone here can help as I am at the end of my tether! Some years ago, my ex and I took out a key worker loan as a deposit for a home. We have since split up and are selling the property. The terms of the original agreement were that they would be repaid the percentage that their original loan covered,…
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How can you confirm the buyer is financially qualified to proceed
I have been with my current estate agency for at least 10 months and it is going down hill due to continuous lies, no communications even within their team and providing details that belongs to other clients and the list goes on. Worse of it all, I had found out that the buyer mortgage appointment was two weeks after the…
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Advice please, poor survey on a property I was hoping to buy.
Hello, I've just received the survey report on a property I was hoping to buy and to me, it sounds like there are too many negatives to it, lots of 2's and 3's in the report and only a couple of 1's, although I don't know if I'm being overly fussy about it, I've never done this before. It's a 1960's built bungalow which to…
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Nationwide Mortgage - Listed building whack-a-mole
Been embarking on my second purchase of a grade II listed house. I have owned one previously, and am no stranger to the potential issues and extra maintenance/investment they need. But my god - I am having a nightmare with getting a mortgage approved with Nationwide. On my previous house - 15 years ago now - it was…
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Share of freehold company and Person of Significant Control
I have a share of freehold where there are 5 flats with 20 shares each. There is a company set up with three directors including me. One person is named as a PSC even though they also have 20 shares so only 20% of the company. They are resigning and another freeholder will become a director. I think it is historical that…
