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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…
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Bought house, wood burning stove gone!
As per title, My son & his family completed on a house purchase yesterday, only to find that a nice wood (or multi fuel?) stove that was there in the front room when they viewed, has now gone. It was a nice cylinder shape with large glass door. Sellers have left the chimney. I've told him to ask his solicitor whether that…
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Vendors solicitor has not registered the leasehold
So I’m in abit of a pickle….we’re only 9 weeks into conveyancing and my buyer is being really pushy and wanting to move in within the next 3 weeks. Issue is my onward purchase is having issues with the title deeds (and their solicitors are painfully slow). They bought the freehold and leasehold together in 2015 (using the…
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Buying a flipped house?
I've had an offer accepted on a top floor maisonette. I have come to find out through googling that it was bought and sold twice last year which is a bit worrying (land registry). So the current seller just bought it to flip it. 2024-07-24 £115,000 2024-03-08 £113,800 For it to have sold so cheaply, and twice tells me…
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Section 106 Variations
We are part of a new housing estate that has a management company looking after the green areas etc of the estate. Recently they asked us for additional payments to replace a small footbridge over a waterway just outside the boundary of the estate. After some back and forth it was agreed that fell into the section 106 and…
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Management Company
I am a director / lease holder on the estate management company. the company are refusing to show us accounts, work logs and receipts. We have no O&M manual, solar panels that don’t work so paying extortion bills for an apparently low cost lights in fact more than I pay a year to run my flat. The freeholder are saying they…
