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Buying out a step parent.
My mum and step dad have separated. They are both retired and mortgage free, my mum wants to stay in the property and my step dad has said he’ll leave for £60k (House is probably worth £150). my sister and I are trying to figure out a way to help our mum stay in the house and are looking into getting a mortgage (my sis has…
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Buying from a builder - 28 day echange
I've searched the forum to see if anyone has asked this before but can't seem to find anything. We've seen a house we love where the current occupiers have part-exd onto a new build so essentially we would be buying from the developer. They have been given a provisional date of August. The developer are asking for a 28 day…
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Share of freehold
Hi,We recently got an offer on our 2 bed maisonette. Me and the downstairs neighbour bought a share of freehold in 2016 and extended out leases to 999 years We setup a LLC to own there freehold but no managing agent. The leases of the two flats are quite straightforward, upstairs maisonette is responsible tor everything…
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Rights as a tenant
We are a family of 3 in privately rented accommodation. We’ve lived here 13 years. Never missed a payment, in fact we are a month ahead. We knew our landlord was underhand to begin with but as we were bankrupt due to my husbands PTSD from his time in the armed forces, we were just happy to have a roof over our heads. The…
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Managing Agent and Debt Collection Agrncy issues
I moved into my new home in October 2024. The estate is managed by a Management Company – Residential Management Group, who charge annually for their management services. As part of the purchase, my solicitor served RMG with a notice of transfer and change upon completion, and my application for membership. In turn RMG…
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Purchasing a new home to avoid additional SDLT
Hi my partner is in the process of buying her first home and will be lending her most of the money for it (no mortgage). Would I have to gift her the money to avoid 5% additional stamp duty or can I just lend it to her? I will also be living in the property and we are not married.
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Buying property with help from a Will Trust
Hi - need some advice re buying a property in conjunction with a Will Trust.... Property would be for myself and two 'children' over the age of 18. My parents left money for these two children; money would aid purchase of next family home. I am Trustee. Funds are to be released to individuals upon the age of 25. Having…
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NO CHAIN property now has a chain--what do we do?
Hello! I'm wondering if anyone can offer some advice, please. On June 1st, we viewed a property that was advertised as having no chain. We loved it, put an offer in & it as accepted. At the viewing, the estate agent told us that the vendor is looking for a quick sale as she wants to move in with her partner, then buy a…
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Buyer is Staircasing but we had to pay stamp duty
We have an odd situation. Mum bought a 60% share of a flat. The flat has been empty for a while as mum moved in to care. We have just completed the sale where the buyer staircased to buy 100% of the property at the time of purchase. Because of this process and before completion the property became ours at 100% ownership…
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Duped by House Sales Direct / We Buy Any House
Hi everyone, I recently decided to sell my house as I have a neighbour who has been harassing me for 6 years and I just can't take any more. Traditional agents valued the house and said I would need to immediately declare the issues and that this would put a lot of people off. I then looked into house buying companies, as…
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Governments 5 year 'full rent' options for landlords to house asylum seekers. Question.
Can a landlord evict a long term tenant to join this new scheme?. I was speaking to someone today who said she had received 8 weeks notice to leave the property she has been in for 18 years. The agent has said that the house is not going up for sale but that the landlord is going to house asylum seekers under the…
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Selling late mums shared ownership
Hi, it has taken over12 months to complete on my late mother’s flat of which 25% was owned. The solicitors from the HA were appalling as was the HA sales office. I have a stage 2 complaint in with them. Lack of communication between all solicitors but annoyed that we had to pay admin and solicitor of HA £500. Where can we…
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Landlord experience.
The Renters Reform Bill is coming soon, but the system could be much better. Some tenants are playing the system. One of my tenants has not paid rent since February, but luckily, I have now applied for direct rent payment and it has been approved. I am going through the Section 21 process, and my court has been responsive…
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Need to sell rental property
I am now a full time carer for my very poorly husband. We have decided it would be wise to sell a small property we rent out as it is just one more thing to worry about. It is mortgage free. We have a tenant in there on a rolling tenancy. Help, where do I start? I am aware that very soon new laws may come in but I just…
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Selling House with Existing Fixed Rate Mortgage
Hi, I am planning on selling my house in the near future and I am planning on renting another house in another area after a sale goes through. The reason for renting for a period of time after selling is to get a feel of the new area I will be moving to rather than making a rush purchase and also hopefully making it an…
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Selling House - capital gains when no living there but only property
Hi All Looking for some pointers or advice. Question is do you think I am liable for capital gains ? Am a home owner. Purchased the property in early 2021 and moved in in mid 2023 when I split with my ex. My ex and my child continued to live in the property until we recently agreed our settlement. I’m now due to move back…
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Leasehold 103 yrs
Would like some opinions regarding a flat 103 yrs lease brother is buying. Will it be better if he asked the solicitor to ask Islington to grant a 999 yrs or is it better if he waits for the lease reform to see what will happen? There is no urgency. Thanks
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No sale no legal fee lawyers
Dear All A buyer dropped out of my flat sale (just before exchange of contracts. I am now thinking about a 'no sale no legal fee' solicitor. I am based in Surrey/ South West London- does anyone have any recommendations or thoughts about firms offering this service? Many thanks
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Renting out current home and buying another....
Hi - after some advice..... Desperate to move house and my buyer is proving to be problematic (too long and boring to go into). We are at the end of the conveyancing process. The property I am buying has no forward chain. So, an (expensive but just about doable) option is: Let out my current home for 9 months or so and buy…
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Enhanced Due Diligence
Wonder if anyone can help … we accepted an offer on our house back in February (no chain) the purchaser in rented accommodation and we already have a property we have moved into. The sale has still not completed apparently due to Enhanced Due Diligence which is being carried out on the customers funds which are coming from…
