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Reasonable to delay exchange and completion?
Currently at the 7/8 week mark since having my offer accepted and beginning the conveyancing process. FTB, vendors buying a vacant property with no mortgage, so things are moving quickly and I think we will be ready to exchange and agree completion soon. Due to unforeseen circumstances, I've now got to have an operation…
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Single person cheapest way of living
What's the cheapest way to live in order to keep saving money? I would guess its as a lodger with friend or family with all bills included Although this would mean sharing facilities, maybe you would get an en suite bathroom and microwave in the room. After that I guess a self contained annexe maybe from a converted…
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First time buyer money from family abroad (for deposit) AML checks
Hi all My daughter and son in law now want to buy their first home together (currently renting) My son in laws family have offered to help with the deposit or money towards the house (around £70k) We are obviously aware of anti money laundering issues and want to ensure things don't get held up etc. Just wondered at this…
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Previous conveyancer failed to register title
Morning, I was hoping someone may be able to give me a pointer at what to do about this. I bought my flat 4 years ago and have recently agreed a sale. Whilst completing the first part of the conveyancing, my conveyancer advised me the property was not registered in my name, rather the owner before. I dug out the details of…
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Shared ownership
If I lend my son the cash to purchase 30% share of a property on a shared ownership scheme can he mortgage it afterwards to pay me back. Just trying to speed up the purchase process as he has to move out of his rented flat in two months
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Rent increases after Section 21?
Hello everyone, I've recently been asked to leave my long-term rental and have been issued the S21. I actually posted here about it here and received some good advice. In brief, the situation is: I can't afford to move out. I can afford my current reasonable rent, but not what is being asked for on the market now for…
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Building Control Question…Fireboarding on lintel.
I wondered if anyone could advise please? We have a garage attached to our house. You can get through the back of the garage through a door to the garden. Above that door is a lintel. Above the garage is a bedroom etc. On the lintel is some fire board…just the width on the lintel. Does that need building control sign off…
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ENQUIRY: RENT A ROOM SCHEME
Hello, I have finally settled into my house after a long delay. My friend will be moving into my spare bedroom and I've read up that I can claim relief of £7.5k tax free from lodging per tax annum. My friend will be moving on the 10th of November and will be paying £675 for rent w/utilities included. I am aware that the…
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Unregistered property with historic charge hanging over it
I did the deal on an unregistered property (probate sale) 6 months ago, my chain is very short and all parties agreed a completion date ,and contracts were signed ready for exchange .Form TA6 was signed to confirm no outstanding mortgages or charges. At the very last minute, my vendor's conveyancer "found" this historic…
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AML checks when DIY conveyancing
Hi. Does anyone know of any third party anti money laundering check options that a private individual can use when DIY conveyancing? I've had a google, but not found anything, and hoping ideally for a personal recommendation. I know that I could pay a solicitor to do all the conveyancing, but that hasn't been budgeted for…
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Can an estate agent show my buyer new properties?
Hi all Long story short… we accepted an offer on our property at the end of June. We had been really transparent with the buyer (we showed them around) in that we would need to find a property to move to before we could sell. We had an offer accepted on a property about 3 weeks after accepting our buyers offer. The seller…
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IHT, CGT, Gift/GROB - where do we stand
myself and my wife bought half of MILs house. MIL gifted my wife the other half of her main residence. leaving me owning 25%, my wife 75% and MIL 0% the house is our primary and only residence, MIL lives with us, but isnt paying rent. where do we currently stand from IHT - obv the part we bought is exempt, but the gifted…
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Disrepair, Black Mould, Private tenancy
TL;DR: I'm a private tenant that lives with black mould on their bedroom. Multiple contact attempts with landlord, no proper fix so far. TL;DR2: Lived there for 2y9mo, contract ends in 5mo but I'd like to leave early. I've lived in a private tenancy property for 2 years and 9 months. With black mould. I've had multiple…
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Seller Refusing to Sign TR1
Hi, The sellers of the property we are buying are going through a divorce, one of them is refusing to sign the TR1 and collect personal belongings from the property. Yesterday we were notified by our conveyancer that an urgent application has been approved by the courts for the removal of the personal belongings and for…
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Section 20 window replacement – scaffolding before notice & scope never updated
Hi everyone, I’m a leaseholder in a block managed by Torus and I would really appreciate advice from others who’ve gone through Section 20 major works. We received a Section 20 notice in December 2023 for window replacement, but scaffolding had already been up since November, and a contractor had contacted me in October…
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Land Registry - Expedite - Timescales, Current
Hello please can someone help with a bit of current advice? I'm new here! So we are working through our solicitor, we sold our property back in May - issue arose through the searches on our property that part of our garden wasn't ours (bought from new, direct from property developer and sold with the garden - landscaped…
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FTB - shortfall when proving deposit funds to solicitor
Good morning, I am at the start of a process of buying my first own property (leasehold flat, London, offer accepted, mortgage applied for). My deposit will be 120,000. Own funds only, I am trying to avoid the additional layer of complexity of accepting gifts from family for this purpose, although they will gladly help…
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Courts and Tribunal service for council tax
I own a property, which was vacant for a 4 weeks or so. The council tenant left at the end of March without notifying me or my agent. I then got two council tax bills, one for feb/March (£188) and the other for the duration of the period that the flat was empty (£133). I informed the council that I was only liable for…
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Stamp Duty query
My wifes mother passed away last year and owned a three bedroom house, my wife is the next of kin and has inherited the house. Her sister and partner want to buy it as they have a one bedroom flat, that is too small, they own the flat outright. The house has a value of £325000 and my wife is gifting her sister £100000 and…
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buying a second home while still selling my first?
Hi, i thank anyone for their help with this. We have seen a house which is ideal (bedrooms, location, not too much work to get it right). However we are only just putting ours up for sale. I am viewing the house this weekend and if it's suitable, i don't want to miss out. Has anyone any experience with buying a second home…
