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FTB Tenants in Common rules for residence/ renting
This is long so bear with me. I live in London (renting for eye watering amount). My intention is to move back to Scotland but there are fewer
jobs there in my industry so I’m essentially waiting until I get a job. A very good friend of mine who I’ve discussed buying with
for years currently has the opportunity to buy a…
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Level 2 survey required?
Hi, posting on behalf of my mum. She currently lives in a 3 bed semi, no remaining mortgage. She has put an offer in on a bungalow & has had an offer on hers. The buyers of her semi are first time buyers & the bank have organised a homebuyers survey. She will be a cash buyer for the bungalow she is moving into. Should she…
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Shared ownership resale - SDLT
Hi, I'm researching costs of getting a Shared Ownership resale as a first time buyer. I can't work out if you pay stamp duty on the full market value, or just the value of your share. The sources I've found say you don't have the same options as when buying a new build SO, but don't say exactly how it is worked out (gov.uk…
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Equity split (non married)
I own my home 50/50 with my ex. I've lived here for 4 years with our daughter. The house is currently on the market. I would like to push for slightly more of the equity, I've paid full mortgage and maintenance the whole time. I have in writing that he thinks he has no responsibility in any way for the house since he moved…
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Is it ok to stay at my mum's away from a threatening neighbour at apartment?
Hi, I've been in a horrible situation since I moved in my 1st apartment last October, the neighbour has been nothing but threatening above, threatening to kill others and the other week verbally threatened to stab me in the eye with a machete just for saying shut up towards my ceiling to keep the noise down. His behaviour…
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land registry
I am trying to remortgage and it is being delayed due to an entry on land Proprietor: HSBC UK BANK PLC (Co. Regn. No. 9928412) of Customer Service Centre, BX8 5HB. how do I get rid of this as I have no idea
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Solicitor Delays on House Sale Causing Financial Hardship – Need Advice on Complaints and Compensati
I’m in a really difficult situation and could use some advice. I’m selling my house, which I need to complete urgently to pay off debts and bills this month. However, there’s been a major delay because my solicitor failed to ensure that the deed and attached plan were properly signed by the bank before returning the…
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50% of property - IHT / CGT / Resale issues
My dad died back in 2017 when he lived mortgage free in a house owned by him and my mum (his wife). For some reason (asking lawyers for why) they were recommended that on their death 50% of the property should be put in my name (I think via a trust but checking). Issue is they had nowhere near the £1m IHT limit (£325k x2 +…
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Delays by Buyer and lack of transparency from Solicitor
Would appreciate input and advise on the following. House was marketed in January - had an offer quickly - supposedly 'cash' by someone who was 'chain free'. My onward purchase was difficult and slow but when I was ready to Exchange on my purchase I discovered that my buyer was unable to proceed. I knew they were buying…
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Auction disaster advice
Advice required. We have made a very foolish and costly error. After a very kind gesture from our parents, they offered to buy our son his first property to get him on the ladder. They found a local property listed in our area on a property auction site. Neither them nor us had ever taken part in an auction before, They…
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Trying to sell house but it's still in name of previous owner!
We purchased our first house in Autumn 2022. We had a bit of 'to-ing and fro-ing' with solicitors and the usual associated stresses, but the house purchase was completed with relative simplicity in October of that year. Recently we've decided we want to move and are hopeful making an offer on a new property, however in…
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Secured loan for house deposit
Hi, I was about to apply for additional borrowing from my BTL with TMW but was told that as I accidentally paid one mortgage payment short by £5, 8 months ago ( no one informed me of this) additional borrowing is unlikely. I want the funds for a house deposit and stamp duty. I’m thinking a secured loan but looks like a 35k…
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Shanly homes lease extenstion query (are we being taken for a ride?)
Hi, my uncle died a couple of years ago and left his flat to my mother and aunt. He had been living in the place (which was bought as a new build) for just under 20 years. Now when trying to sell they were told the lease was under 70 years which is not something buyers would be interested in so a lease extension would be…
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How to remove name safely from deeds
My girlfreind is pregnant and to plan for future she is moving in with me soon. The problem! where she currently lives with her family , she and her sister had to take over the title deeds so they could pay the mortgage for their parents who can't work. They all live under the same roof. Now her sister cant buy her out, so…
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Stamp duty and second home council tax options
We bought a second home in Nov 23 and paid a 3% SDLT premium. Since April we have also paid double council tax. We are now retiring and have sold our main house and should complete next week. Longer term we will probably buy again and then rent out the current second home. But we will be living in that house for maybe a…
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Joint tenants or tenants in common
Hi all A friend of my husband’s has asked me for some info about the above on his house but I’m stumped so hoping someone here may be able to help. He bought his house jointly with his dad in 2004 and he, his mum and his dad have all lived together since. His dad recently died and his mum was sorting out her will so needed…
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Divorced but partner with child wont sell house
Hi everyone, i need some help. My ex wife and i have been apart for 18 months. I have moved out but continued to pay the mortgage as well as child maintenance for my 4 yearold daughter. I am with someone else and live with her but renting. We would like to get a mortgage but because i am on the mortgage of the house i…
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Mortgage paid name on the deeds do we need to engage a solicitor
My Son and I bought our former council house, both names on Mortgage, paid it off. Now can we transfer to just his name, its his full time home, worth about £130. 000 so not inheritance etc. Can we do this without a solicitor.
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Conveyancing and local searches
I recently moved house and have discovered that 159 houses are due to be built over the next 2 years, 6 doors away. I’ve bought a house on a lane and the sprawling fields were one of the reasons I chose this house. I’ve got dogs and love walking with them. Building work began 3 weeks ago. Perhaps rather naively of me, I…
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House price article
https://moneyweek.com/investments/house-prices/britain-house-price-crash-is-coming Interesting reading. Probably about time we had an "adjustment", we have been looking to move for a while, but houses in general seem to be way overpriced? Personally not too concerned if house prices do decline, and I would rather see…
