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Price adjustment for smaller homes
I am buying a house in a small cul-de-sac where a larger house just completed a few days back. I am aware I am paying a premium. The question is simple, is the premium potentially justified, or is there good justification to drop out? Or propose another decrease - there were a few already - with the risk of dropping out. I…
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House buying
If I buy a property before an inherited property I live in has been transferred into my name, do I have to pay stamp duty at the higher rate (ie as a second home?) the inherited property will be sold once grant of probate is given.
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Structural engineer report - retaining wall
Hi everyone, another post re purchase of a bungalow I’m on the verge of signing for! After a structural engineer report..he has mentioned the below: ‘We observed cracked and damaged blockwork retaining wall towards the rear of the bungalow. This damage was showing frequently stepped cracks in the mortar bed joints of the…
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Listed building survey
Hello fellow forumites I’ve recently put in an offer on a 2 bed Grade 2 listed detached property in Cheshire . Does anybody have a rough idea as to the cost of a listed building structural survey ? And as a long shot - anybody know any decent surveyors that specialise in listed buildings in NW ? ! Many thanks
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Discovered hidden council deed after buying house – any legal options?
Hi everyone, I’m hoping for some guidance on a situation I’ve discovered recently. I bought my house about 2 years ago. I’ve just found out that a deed was signed between the seller and the council a few years before the sale. This deed states that no occupier or owner of the property can apply for a residents’ parking…
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I'm waiting for the Conveyoncer to do their bit
Hi guys, I've completed the online portal with information etc and I'm waiting on the Conveyoncer to do their bit. ive received the memorandum of sale from the estate agent. What else do I need to do? I haven't done a full mortgage application at all, brokers and estate agents have asked for screenshots of proof of…
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Offering under asking on "offers in excess"
Hi all, we are first time buyers so no knowledge of "protocol" etc We are viewing a house which from the pictures we really like, it is at the very top end of our budget. The property has been listed for over 2 months. I don't yet know the vendors reasons for selling or if there is a chain. I can see that it's last sale…
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Who pays AML checks?
Hi everyone, I'm in the process of purchasing property, and the seller's EA contacted me that I will receive a phone call from company to do the AML check on me and it will be the cost of £60. The common sense tells me, if someone want to check me why should I pay for it? I read post from 2018 that buyer should not pay for…
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Capital gains on selling property
Hi A bit of back story. I am in a very fortunate position where I was given a property through a trust. The property was released from the trust in June 2024 and has been my primary residence since. Recently my partner has wanted me to move in with her and I am considering selling my property (approx 120k) My question is…
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Solicitor trying to charge £2000 Leasehold fee.
We're getting towards exchange on a leasehold property as first-time buyers. We've always been clear that the property is a Leasehold. It's a chain-free property, and everything else has gone pretty smoothly thanks to the sellers already having all the documents ahead of time. We were sent the contracts to sign a couple of…
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Issue with New build PEA for green mortgage
Hello all, I am buying a new build property, we are close to exchanging but we are having an issue with our mortgage. We are applying for a green mortgage as the properties predicted energy assessment (PEA) is 81, meeting the requirements. Having a green mortgage reduces our interest rate. The issue we are having is that…
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Money Moral Dilemma: Should my housemate who works from home pay a greater share of the rent?
This week's MoneySaver who wants advice asks... I live in a house-share and while I'm at work six days a week, my housemate works from home. Our landlord wants to put our rent up due to the increasing cost of bills, which are included in our rent. While I'm rarely home, my housemate has a fan or the heating on every day,…
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Leasehold to freehold advice
I’m about to sell my 50% shared ownership house. The lease only has 63 years left on it and I’ve been quoted 40k to extend it. I do have the option of a simultaneous staircase sale where I purchase the other 50% at the same time as selling, and the property then becomes freehold. Does anyone know if whoever then buys the…
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Removal of Form A Restriction from Title Register- Inherited property
Hi , hope some can help . I have been granted probate and now looking to transfer my parents property to my name as per will. However one the registry document it states " RESTRICTION: No disposition by a sole proprietor of the registered estate (except a trust corporation) under which capital money arises is to be…
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Solicitor not ready to share file
Hi, I am first time buyer and facing issues with contract exchange as solicitor is not giving go ahead. They said they are waiting for management company to respond on couple of points. When I asked for the file, they responded back saying if they provide me with the file they will no longer be able to continue working for…
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Companies mimicking HM Land Registry.
A week ago I Googled 'Land Registry' to get hold of a copy of the Title for a property I own.The Company calls itself Land Registry UK and, having missed the small print stating they are not HM Land Registry (HMLR), I paid online about 60 pounds for a copy of the Title. Soon after, this Company emailed to state that there…
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Landlords - are you selling up or will do when your tenants leave?
As above. Also is you don't mind, just say what area of UK you live in to give it greater context. Will you, have you put up rents this year and if so by what percentage and was the amount less than last year/etc. These new rules which 101% favour the tenants, when do you expect them to become the law. In my view, it may…
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Huge loss on sale of rental property
Hi, first time here so apologies for any stupidity... I stupidly bought a buy-to-let / rental property in my mid-twenties without really knowing what I was doing (FOMO in the company of wealthy colleagues)... Then the financial crisis hit, followed by the cladding scandal, and I eventually just got rid of the property for…
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Sell inherited property to sibling for less than probate value
Hi, first post so apologies if I have made any error in where to post. My father has passed away and I am set to inherit both of his properties. My half sibling lives in dad's second property and has done for several years. This has been an agreement between them and their stepfather (my dad) as it was beneficial to both…
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Consent to let residential mortgage (5 yr fixed), can I take out equity in the future to buy home
Hi Everyone, I wanted to get advice. The story is I have a mortgage 5 year fixed which is due to end October 2026 (residential mortgage). I want to leave the town and the location due to personal circumstances/ finance issues. I have built up quite a bit of equity in the house (bought the property in 2020) I have looked…
