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Bank wanting zero balance on reward credit card
Hi, I'm in the middle of a mortgage application and the bank is currently holding it up because they want a zero/nil balance on two credit cards I use for my daily spending and then pay off each month. The cards are a paid (£300 annual) BA Amex Premium Plus (and a back up Barclaycard Avios Mastercard for where Amex isn't…
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Home Insurance Headache
Been living in this property for 19yrs. And this is our forever home, not planning to sell ever. Took a home buyers survey when we bought. After the 2nd or 3rd remortgage, the new mortgage ptovider sent someone round to value the property - rest of them did it remotely. He asked to go in the loft.what he found was previous…
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House insurance/mortgage with indemnity insurance
Hi all, my conveyancer somehow never realised that the seller’s roofing work to replace all the tiles required a completion certificate. It was only after several months that I realised this rule applied. The conveyancer magicked an indemnity insurance policy out of thin air the day I flagged it to them. I understand this…
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removal costs
It’s been quite a few years since I last moved. What are people paying for removals now? I’m based in West Midlands and moving 36 miles. Large 3 bed, 2 rec. I’ve already have storage close to the new property and will storing most of the kitchen ware and tools as new house needs new kitchen and shed. I’ve had one quote…
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Cash ISA for house deposit
I’m currently in the process of looking to buy a house with my partner and we want to use our cash ISAs (easy access etc so no penalties for withdrawals) towards our deposit. Am I right in thinking that we will be able to use the full amounts towards our deposit and there will be no penalties tax wise from HMRC for taking…
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Renters Rights Act vs My tenancy agreement - which will take precedence?
Hi all, My original tenancy contract, from 21 years ago, says that my rent can only be increased by inflation. "..the Landlord shall be entitled to adjust the amount of rent in line with the RPI…." But the Renters' Rights Act info sheet says "Landlords must instead use the process in section 13 of the Housing Act 1988 for…
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Trees close too close to a house?
Hi all, I’ve not had a survey on the house yet but a few weeks ago I had an offer accepted on a house next to some lovely green space and some very large trees. The house was on the market for a very long time. I’ve become more aware of the trees now they’re in leaf. 2 are Norway Maples and one is a Field Maple. They are…
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ADS (Scotland) & divorce
I'm separating from my wife. She will retain the matrimonial home and the title deeds will ultimately be in her sole name. Will i have to pay Additional Dwelling Supplement if a purchase a new property?. Also do i have to wait for the deeds transfer to happen before i buy a property, or do i pay the ADS then claim it back…
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Help! Rent-a-Roof Solar Panel Dilemma
Hi. I’ve been house-hunting and found a great property – but with rent-a-roof solar panels. I’ve read lots that says “don’t buy”, but Freetricity advise this lease only has six years left (just over 20yrs in total). I’d hope not to be selling onwards during this time, so I’m not considering the expense of a buy-out. I need…
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EPC misrepresented as A, actually a B
We are in the process of purchasing a new build which was advertised and represented to us during viewings as being A rated. We agreed a purchase price, which was partly driven by this rating. During the conveyancing process, we saw the EPC actually certifies the property as a B, albeit a high B. We gave the developer the…
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Reclaiming stamp duty on second home
If you buy a second home, you pay a 5% stamp duty surcharge. Very clear about that. But the gov.uk website states that if you sell your previous main residence
within 3 years, "you may be eligible" to get this surcharge refunded. Does anyone know why they say "MAY be eligible"? ie What factors might affect this, either…
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Thinking of doing holiday lets
I am in the process of buying a property which I intend to live in for the time being , but I am considering renting it out for holiday lets in the future. From what I have read on these forums and elsewhere, there are lots of rules and regulations, financial and otherwise, that I should think about before I go down that…
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Section 21 & 8
Hi, I have a question my tenant has not paid for 2 months total (1 not rec, 1 rec and now 1 payment not received). I have requested direct payment from UC with no reply yet(anyone know how long this takes). My question is I want to evict them, I understand Section 8 is arrears related and S21 is no fault, any advice what…
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Replace carpet or not?
Briefly our situation is this. We inherited this house a couple of years ago. Now trying to sell it. Its a 1930's semi detached on a desirable road going out of town. Other similar properties in the area which have been modernised go for £600,000 or above. Ours has not be modernised and needs some work but is structurally…
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Stamp duty when staircasing to 100%
Hi. I have what is probably a simple question but whenever I search the government website or elsewhere, I find conflicting or needlessly over complicated info. I simply cannot figure this out based on the information and examples that the government provide. I own 50% of a one bed flat that I bought as a first time buyer.…
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Sold Primary Residence after a period of absence - CGT help please
Hi, We bought our home in 2004 but moved house in 2022 (I needed to get a more suitable property due to my disability). Our old house was in need of some repair, so there was a year or so where work was ongoing, followed by another 2 1/2 years where it was on the market and just not selling (due to the downturn in local…
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Buyers is delaying / refusing to exchange
We have agreed the sale of our property (leasehold flat) and all outstanding items have been resolved. The buyer (cash buyer) is moving back from the States and is apparently 'desperate' to move yet she keeps delaying exchange and completion. She has recently had surgery in the states and has refused to complete until she…
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Deed of gift solicitors
Just looking for some advice about setting up a deed of gift. My dad recently inherited a home from his late father and as a result is going to give me his current house (which will soon be empty). I was going to inherit it upon his death but he’s going to pass it over now. Do we just need one solicitor to draw up the…
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Increasing value for House Sale
Hi everyone. I have a couple of questions about selling my house to maximise its sale price. I know an estate agent would be ideal to ask but i'm in the doing it up stage to make it look nice for a sale and am about 2 months away from starting the process so just wondered if these things were worth spending money on.…
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Do we complete on the same day as sellers?
Our sellers are buying a new build which has been slightly delayed however we are now nearing exchange and I know we will need to agree a completion date. Do we complete on the same day they complete? First time buying so didn't know if it was done this way or if they complete and we complete a few days later when they…
