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Deposit Protection Scheme SCANDAL
I have vacated my rental property after 7.5yrs. My deposit of £595 pounds. This was paid into the Govermant DPS scheme. It was agreed to be refunded in full by agent and Landlord. After 7.5 years the DPS have repaid interest on £595 amounting to just £6.32 !!!!!(just 1% interest return in 2023 on it's own, never mind the…
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Buyers solicitor not happy with proof of funds - exchange day
Hi, was just wondering how it could happen that on the day we were due to exchange/complete my buyers solicitor informs us that they have not seen suitable proof of funds from their client and have requested a delay till next week. I thought for us to have got this far down the line with everything that proof of funds…
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Looking for a trustworthy Notice to Vacate template/generator
Per the title, am selling a property and looking to avoid unnecessary legal fees. I'm England-based so need something suitable for that, be up-to-date and preferably editable. Anyone know of a good site/tool that's either free or fairly cheap for a one-off doc?
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Joint tenancy questions
Following on really from a previous thread. Couple broke up. Son moved out and she remained in property for full duration of tenancy agreement (9 months) He paid his monthly rent. The final month before she moved out she took his money and didn’t pay the rent. she’s finally moved out, albeit it two weeks after tenancy…
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Stamp duty as a ' homeless' person who has come into money and wants to BTL
Hi, I am 53 and after years of renting i ended up 2 years ago moving in with my mum as i was no longer able to work and pay rent due to health problems. My mum is alone and 83 and needs companionship and help , so it works nicely. I have come into some money - £200k and would like to invest this in a property to rent for…
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Extending Lease - Being asked the value of my place? Why doesn't my solicitor sort it?
Hi I am ready to complete my lease extension on my flat. Built in 1993, 2 bedrooms on the 2nd floor. Top floor with loft access above. The solicitor has asked: "HM Land Registry will require confirmation of the estimated market value of the property to calculate the registration fee. I would be grateful if you could please…
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Probate and buildings insurance
Hello I'm in the process of selling a probate property. I have probate insurance currently. If the buyers take out buildings insurance from exchange, should I cancel the probate insurance at that point? Happy to keep it active until completion, but I'm aware that having two policies might cause issues, should anything…
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MSE Guide – Rent increase rights (Wales)
Hi everyone, This is a dedicated thread for our guide on: Rent increase rights (Wales) Please let us know your thoughts and give us your feedback. If you haven't already, join the forum to reply.
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Springbok property sales
Has anyone completed selling a property with them and are you happy
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Share of Freehold Transfer Nightmare - advice needed 🙏
Hi everyone, Hoping someone here has experience with messy share of freehold situations. We’re in the middle of selling our flat and have hit a bump in the road. Our setup: * Our building has 4 flats. * Each flat owner has a 25% share of the freehold. * We’re all individual joint freeholders with no management company or…
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Everyone is selling up their flats should i?
Hi there i live in a big apartment complex with around 8 blocks of apartments. i checked with neighbours, the land registry and estate agents and the only block everyone is selling their apartments are in my block. Some are also selling for less than they origionally paid for? If you were in my position would you sell your…
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Estate agents solicitor?
Due to agree on a purchase on Monday. Broker (independent and DIP) in place just need to choose my solicitor have had a few quotes from just under £2k to around £2.5k. I contacted a decent sized firms branch local to me for a quote and then received one from another branch of the same firm through the estate agent. This…
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Freeholder's responsibility?
I own a leasehold first floor flat in a small block, converted from retail premises in 2013. Over time it has become evident that an internal wall and some of the floorboards are sinking (ie there is a problem with the underlying support/ excessive settling). A surveyor has concluded that it is the freeholder's problem to…
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Ground Rent and Service Charge question
Hi 25 leaseholders in apartments. we’ve seen the Letting Agents annual statement showing costing that we all question to be outrageous to say the least. As a group collectively, what would the process to question, with the attempt to reduce the charges? Managing agent has already had a case against them upheld for…
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Solictor arguing over plans and East and West
Hi there I'm hoping someone will be able to give me some advice. I don't want to drip feed but I also don't want to overload with info. We are buying a house (Scotland). It is a former station from many, many years ago. The station is split into 2 properties, but the same family has owned both for the last 50 years and…
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Cash buyer + remortgage
If I try to remortgage a house that I’ve bought for cash will I get a worse deal than if I just buy with a normal mortgage?
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CGT on transferred property
Hi all, I'm after a bit of advice. My mum is wanting to transfer her property (only residence, owned in full, total value c. £85k) to my finacee, so that she can draw some equity via a mortgage to pay off a few debts, then sell with a view to buying my mum a bungalow with the remaining equity as a deposit plus a larger…
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Compton Group - Offering Freehold for £800
Looks like I'm one of many who will have been in a recent batch of purchases by Compton Group. My original Freeholder was Landmark Collections who I would pay £6 per annum to. Just putting the feelers out to see if anyone has been through a Freehold purchase with them already and has any positive or negative memories to…
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Buying a property with no building regulations certificate for bifold doors
Hi I'm in the process of buying a property without building regulations certificate for bifold doors. The doors are in an existing extension and replaced a window thus extending the existing opening which required building regulations. The sellers said the builders advised no building regulations were required to do the…
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CLARIFICATION ON SECOND STAMP DUTY PLEASE
Hello, I would be really grateful if anyone has any advice on the following situation for me please. I have owned my residential home since 1994 and bought a buy to let in 2014. I am now thinking of selling my residential home and buying another residential home to live in, ie a normal house sale. Will the rental property…
