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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…
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Pre-exchange: management company ‘waiting for new insurance certificate from broker’
Hi all, I’ve sold my leasehold flat a few months ago, and we’re ready exchange. However the insurance certificate for the building expired mid October, so an updated certificate has been requested. However, the management company have been saying for 2 weeks now ‘we are waiting for a certificate from the broker’. I keep…
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Estate Management on new-build estates
I’m hoping to hear from homeowners who live on estates with estate management fees, as I’m currently considering buying a property with this type of arrangement. I haven’t exchanged contracts yet, and having not moved house in over a decade, I wasn’t aware of how these newer systems work. After reviewing the contract and…
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Electrical question
Possibly a daft one! I need to change the extractor fan in by bathroom. It's like for like so pretty simple. I have switched it off at the isolator. Should I also cut the supply at the consumer unit? tia
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Best case scenario for how long to buy leasehold flat
I am very prompt with things on my end, typically I'll complete the forms and upload them to my solicitors portal the same day they get emailed to me. So it's safe to say there won't be any delays on my part. I asked the vendors solicitor if they'd kindly asked the vendor to order the management pack now, rather than later…
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Inheriting 2x properties can I avoid stamp duty?
Hi everyone, I'm inheriting my father's estate which includes two houses and a bit of cash. I want to make ssureI understand stamp duty correctly and if possible to avoid the additional rate for buying a 2nd home. I am both the sole executor and the sole beneficiary of my dads estate. I have completed and paid the IHT, and…
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Rent Guarantor
Hi I'm hoping someone might be able to help or point me in the right direction of who to speak to. I've been recently contacted by a landlord for a property one of family members rented (and has vacated) for rent arrears and damages, which I was the guarantor for. The landlord has provided me with a breakdown of costs,…
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Do I have to let my landlord in at the same time as workmen?
I'm due to have some work done on my rental property in the next couple of weeks which, of course, I will allow the workmen in for. However, do I also have to allow my landlord access? Every time any work gets done, whether it's a big or small job, my landlord will turn up at some point to "say hello to the workman" or…
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What are my options here?
Morning all. First time buying a house as part of a chain and can now understand why some people avoid it like the plague! For context: 1) Our 6 leg chain formed in June. 2) We were all working towards completion dates in mid-October, but there was an issue with the top two of the chain which was delaying things…
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Unadopted Road - mortgage refused
We're selling a house which was built about 18 years ago and is on a road of about 100+ other houses (including some housing association homes). It was built by a huge national builder, and the road is unadopted. Responsibility for the drains has been taken on by the local water company. All repairs, maintenance, street…
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Handing in notice on my flat
Hi, so ive tried to hand in my notice on my flat through text message but the landlord is refusing to answer back. Ive asked him for confirmation of receipt and nothing, I have also sent him an email of my notice and still no confirmation or acknowledgement. There is no record anywhere I can see of his address so I cannot…
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What classifies as Minor Alterations?
Hello, I am living in a leasehold ground floor flat that I have purchased for a few months now and would like it to be more homely. My lease has some missing pages so I can’t see what restrictions I have in terms of alterations. What forms of alterations am I allowed without arranging a license to alter? My future…
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Almost there…a few questions…
Having offered on a place in late August I am almost there… I’ve signed and returned contract etc. and sent my solicitors details to my LISA provider. Is it sufficient to have an indemnity policy confirmed by correspondence rather than written into the contract? Likewise, an item was left off of the fittings and contents…
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Stamp duty and usufruct
Hi, I was wondering if anyone might
have experience with this, or insight they're willing to share. I live in England permanently,
currently renting. I’m on the deeds of another property
overseas (in the EU) as a bare owner, with my parents having usufruct rights
for life, as it is their permanent residence. I’m not sure…
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Leasehold house - £20000 contribution needed to upgrade roof. Any help appreciated.
Wondered if anyone on here has any experience and could help. Daughter bought upstairs flat above a council tenant. Metropolitan leaseholder has decided to replace all maisonette roofs on the estate and daughters contribution is £20000 at least. This makes the total cost of the whole roof replacement at £80000. There are…
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Rental income to one owner only
My wife and I have been forced to buy a house and rent it to our daughter to prevent her and her three young children being evicted and moved to another part of the country. The children all have mental health issues resulting from the behaviour of their (useless/selfish/narcissist) father so the impact of eviction was…
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Have you lived in the same house twice?
Myself and my late Husband purchased our first house late 1982. I was just 20 and he was couple of years older. It was a little terraced in need of full renovation in a village close to where I now live (I am widowed now and have stayed 30 odd years here happily). We paid just £8.750 for the house and sold it 6 years later…
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Leasehold service charges
If my lease says my service charges are for ‘repair and maintenance’, can my landlord charge me to pay costs for historic defects on the building and call them service charges?
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Floorplan and Sqm Listed - very inaccurate?
Hi All, Is it just me or is this floorplan very inaccurate in terms of calculating the sqm? I have calculated it room by room and it doesn't come up to 105sqm. They must have included the garage in the those calcs. Also if they are adding up the longest measurements then also they must have double counted the square where…
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Express House Selling
Hi, any advice with signing up with a so called 'Express House selling agency?' We have our parents home to sell following a death and now dementia with the remaining parent. My sisters are fairly keen to go ahead with 'Express Estate Agents' who allegedly can sell the house within 30 days, they've said they have buyers…
