-
Removing a covenant!
I am at present remortgaging my property. My husband died three years ago & the house was in joint names. I removed his name from the deeds after his death & now I'm the sole owner. The solicitors dealing with the remortgage say there is a restrictive covenant on the property stating there can not be a sole owner of the…
-
British Homebuyers
Hello Has anyone sold their house to British Home Buyers please. Have read about them and am aware they could reduce the offer after survey, just would like to know what it is like to deal with them all the way through
-
Reasonable Offer?
Hi all. Single FTB looking to purchase ASAP. My max budget is £180k, 5% deposit. For context, £165-180k currently seems to get me a modern 2-bed semi or a 3-bed semi in need of renovation. A lot of properties have been on the market for a couple of months or more, some with £5-10k reductions in that time. I have three…
-
Stick or Twist - Looking for some advice on whether to move now or wait
Hi, We’re currently 3.5 years into our first home – a 2-bed extended semi in a nice part of Greater Manchester. * Bought for £290,000 on 5% deposit in 2022. * Spent around £15,000 on improvements (boiler replacement, full main roof replacement, garden renovation, replacement flooring, under-stairs storage fitted) * Current…
-
Mortgage Lender Survey
I'm selling my house. The buyer's mortgage lender have asked for a lender survey to be done to see if the house is worth the price. I’ve never heard of this but am probably not up to date as I bought it 10 years ago. The company coming have some recent 1 star reviews for down valuing houses. My friend said when she sold…
-
Buying a share of freehold: What percentage? Difficult majority freeholder?
Our very first post ☺️ Looking for advice 🙏 We are leaseholders in a block of 10 flats. Our share of the service charge is 15%. The lease length is 120 years. Currently, 15% of the freehold is for sale, either as a whole or split between leaseholders. What are the benefits of buying a share of the freehold? Our…
-
No longer want to sell
Hi signed a contract with local agent for sale of house about three weeks ago on a No win No fee basis. After viewing several properties we had decided just to stay put. If I contact agent and explain this what kind of change can we expect ? The cost is £1400 if sold . We only have online advertising and local agent window…
-
Declined from Santander
Hi, we have been declined by Santander for our mortgage (to port and add an additional 160k to move home), we already have a mortgage with Santander and had a mortgage in principle for them so thought we would be okay. feeling really deflated from it as it now means we have to try elsewhere and also have to pay the early…
-
Stamp duty help
Hello. Im looking at going into a shared ownership property but i cant for the life of me work out stamp duty. I owned a house in 2005-2010 have lived in private rent since. So technically a ftbThe mortgage value of the shared ownership is £80k. Leasehold One place i look it says no i wont pay then the next i look it says…
-
200k rent or buy????
Hi I would really appreciate any practical advice in my question please. Do I buy a house or rent? I am 45 married with 2 teenage kids. My house is for sale and will have 200k in the bank after the sale. The 'norm' seems to say buy another home but my gut is saying why?? Why buy a house that I am responsible for to…
-
Estate agents fees from the buyer's perspective
Hi, we are looking to buy a house that we saw through Foxtons, but was subsequently taken off the market before we were ready to put in an offer. My wife put a note through their door and they have accepted our offer subject to a survey. We went for a second viewing yesterday and the owner mentioned that he was pleased…
-
Transfer of assent letter of adminstation query
My friends mother passed and I am completing forms AS1 and AP1 etc to help out. I have a letter of adminstation for his mother but checking the title deeds his father who passed away decades before is still on the deeds. I assume I would need another letter of adminstation for his father, can you confirm this please.
-
Garage conversion not done to building regs
To cut a long story short: We offered on a property where they converted a garage (or part of the garage, it's hard to tell) into a dining room. Essentially it's a DIY job from 20 years ago and doesn't have any building regs or documentation. It was advertised as a dining room. It's a 4 bed house and, without a dining…
-
Too old to buy?
I am 38 years old, will be 39 years old. I have around 30k in savings. House prices where I live are mental. I live in Hertfordshire and it is a commutable distance to London. I will be buying by…
-
Survey shows no secondary membrane on roof
Hi I’m in the middle of buying a house and the survey says there is no secondary membrane and I should get a quote for this and consider this in the purchase of the property. I have been advised this could cost £6000 to remove the roof. Is it generally acceptable to ask for this to be considered in the sale of the property…
-
Rent Arrears my daughter wasn’t aware of
We have been helping our daughter financially through university. In her final 2 years she shared a very small flat with her boyfriend in London. They were both named on the tenancy agreement. The rent was £1900 per month and because my daughter was a student, she was to pay £900 (with family help) and he was to pay the…
-
Can my neighbour get away with this....
Hello everyone. I am very upset at the moment and was hoping someone might be able to help. Basically my neighbours are building a very large "structure" in their garden, which I have been told by the local council that it can remain as it complies with The Caravan Act 1968. It is very large and runs along our shared…
-
McCarthy and Stone Resales
Does anyone know what happens if a McCarthy & Stone flat fails to sell after many years and the accrued service charges now exceeds the value of the flat - are the beneficiaries responsible for the debt?
-
Service Charge
Hi , We purchased our ex-council house in 2022. The previous owners bought the house through right to buy and we have purchased it as a freehold. We were not aware of any service charge when purchasing the house and are wondering if this bill needs to be paid by us. We have not received a bill, the bill has been sent to…
-
Is Hastings / St Leonard's really up and coming?
I know there's lot's of posts about this, but they all seem to be dated in latest 2020 and as I can see from a recent visit to Hastings / St Leonard's , a lot seems to have changed then! However, i'm looking for the inside scoop from a local as I think you only really see tell tale signs if you live there. So, in 2024, how…
