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Hmo or similar passive income
Hi I am looking at hmo for a while as a investment . I currently have a property worth around £550/600k mortgage free 40+ yo . I am looking to release equity from my house to purchase. I require the extra income to reduce hours at work . I do manual warehouse work . And it's got to the point I dread the thought of going to…
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Benefits of buying out leasehold?
Hi Folks, We’re in Northern Ireland and have been looking at whether it’s worth buying out the leasehold on our house. There are over 900 years remaining and the annual ground rent is only £26, so on the face of it it doesn’t seem worth the stress, paperwork, and solicitor fees. Am I missing any real benefits beyond not…
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Disputing early termination letting fees – advice needed
We’re being asked to pay over £2k in early termination fees by our letting agent, covering March–October, even though: We paid full rent for March. A replacement tenant moves in 16 March at a higher rent (£3,200 vs £3,050). There will be zero days the property is empty, and the agent will continue to get their management…
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Can anyone recommend an OFF-line conveyancer
Can anyone recommend an offline conveyancer. I've had enough with massively intrusive and overly implemented digital identity checks and untrusted companies hoovering up years of bank statements. Nothing to hide, but these companies are just a disasterous data breach waiting to happen. I'm looking for a conveyencer that…
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Selling to Family - Transfer of Funds
Morning All, Been sometime since I have needed some advice and hoping I can get some guidance here. I have decided to sell up and move on, there is only me and the dog now and a 3 bedroomed house is just too much. My daughter is purchasing the house and a price has been agreed and mortgage offered by Barclays. She is going…
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Fix issues before valuation or adjust sale price?
We’re starting the process of selling our house and I’d appreciate some advice. We’ve lived here for 9 years and haven’t done any major work in that time. It’s generally in good condition but it’s definitely at the stage where it would benefit from some cosmetic updates – things like repainting walls and filling a few…
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Management company fees charged on random schedule
I own a leasehold flat. The management fees are (predictably) outlandish but my main problem is with the random billing schedule. For 14 years we got monthly bills. Suddenly last year I got a bill for 5 months to be paid in advance. 5 months later I got a bill to be paid for 3 months in advance. Today I got a bill for the…
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Charges against a house
We’re in the process of buying a house and for the last 5 weeks the sellers solicitors have been trying to obtain details regarding some charges against the property. They’re saying they need to get some redemption figures before they can do the undertaking but this has been dragging on for ages now. I’ve tried threatening…
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Selling house without a solicitor
Hi I recently inherited a £300k bungalow and an acquaintance wants to buy it. It's freehold, unoccupied, and there's no mortgage involved on our part. The buyer will be paying cash and is also happy to avoid paying a solicitor if possible. I'm getting the place valued. I know that changing the name on the deeds is…
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Indemnity policy to cover drain serving neighbours property on my land
We are trying to avoid being blamed for a drain on our land collecting surface water runoff from the neighbours garage roof which connects to the water authority sewer system underneath our driveway. There was no permission sought for the connection to the sewer. Our neighbour doesn't talk to us so we can't sort it out.…
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My architect has stopped responding.....
Hi members I’m looking for some advice on how to deal with an architect who has effectively stopped communicating with me, despite being paid in full for the work. I hired an architect (registered RIBA and ARB) to handle a project that included a ground‑floor rear extension and a side/double‑storey extension. They were two…
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Help with leasehold ; complicated?
The abridged story is that I purchases a SO property in 2011, and fully staircased 10 years later. The lease I signed in 2011 clearly states 99 years. So this is definitely the time to consider extending. Slightly bizarrely, my lease doesn't have a date on my hard copy. So I used an online tool called the Leasehold…
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Purchasing freehold
Hi, does anyone have any experience of purchasing the freehold of their home? Our lease has 940 years left and we only pay £15 per annum for the lease, but we want to do work to the house (garage conversation, knocking down walls etc) and so would need to get permission from the freeholder to do this work. With our…
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Help needed buying a home
Me and my partner are looking at buying a home, we have viewed a few houses and found one we liked that was built in 2015 but I noticed there's a crack above the window in the mortar joints. No idea what this is? I also found the house next door had permission to become a HMO in 2015 but the current owner said that…
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How to apply for via OC1 ? Deeds
Good morning, Looking to apply for my mums deeds for her property via the OC1 form . Have already downloaded digital copies via Gov website cost for both £14. However the downloads are not official and paper copies must be applied for via OC1 form. Deeds lost via Solicitor liquidation were they were held. Form is slightly…
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MSE News: How PM Law's abrupt closure has left house purchases & sales in the balance
Tens of thousands of people across the country using PM Law Group for house sales, purchases and more have been left in the lurch after the firm's unexpected closure. Former clients of the shuttered conveyancing and personal injury law firm say they're struggling to reclaim funds and case files. Here's what's happened and…
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Leasehold: Duty of Landlord to Keep Records? Leaseholder Access to Records?
I have a leasehold flat. The freeholder/landlord is also the management company. They have issued a Section 20 for work that I suspect is only necessary because work on a previous Section 20 was done incorrectly and signed off at the time without due care by the management company. Do I have the right to reqest/demand the…
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Bought a new build house - Not as specification
Bought a new build house from Taylor Wimpey. The spec says an aerial cable is provided in the living room and bedroom, there will be aerial cable in the loft and it is our responsibility to get an aerial fitted—- no problem. There are aerial sockets in both rooms but no aerial cable. i have checked with TW their customer…
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Buying a flat - do you focus on what you need "right now" or do you think about the future?
I've found a lovely flat which is ideal for what I need right now. Ideally placed for transport links, and doesn't need any renovation. It's right at the top of my price range, but everything else I can afford is either a studio, in need of some work, or outside the radius of where I'd ideally like to live. I generally…
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Funding new house
I currently own my own house, having been mortgage free for the past 10 years. Both my wife and I are retired with reasonable pensions and savings. I also have a Prudential drawdown pension that I payed a forces pension into. However, I haven't touched this yet. We are now considering moving closer to my daughter but…
