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Council tax when there's an overlap
We're selling our flat in one London borough (Brent) - late in the process, currently driving us to insanity but not the topic here. We've also just agreed to rent a flat in another borough (Richmond) to cover a gap between selling and buying. For practical reasons there is an overlap with our flat being sold and the flat…
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Deed of Easement -
I am looking to buy a
property where the old septic tank was replaced with a newly installed
treatment plant. This is shared with the neighboring property. In
the deeds there is referance to the amounts which need to be contributed to the
maintenance etc and that access was granted to the neighbor However when they…
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Buying a property in the UK with money from abroad
Hi everyone! I understand that any advice given is not legally binding etc but I'm hoping someone might be able to advise or point me in the right direction of speaking to someone please. (Solicitor/financial advisor/accountant etc) My husband and myself both hold UK passports. I own a house in the UK and my husband lives…
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Seller keeps changing goal posts
Hi everyone. This is a long read so apologies. We put an offer in on a house with the (obviously non legal) proviso that we needed to complete quickly as our landlord has given us notice on the house we’re renting to move his mother in. We said we’d like to complete by the 12th June. The seller said that wouldn’t be a…
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I am a landlord by inheritance - wow
By accident of interlocking wills, I find myself receiving a small three figure annual rent on my share in a few acres of agricultural land. Believe it or not this situation has been created by the Married Woman’s property act, the general abandonment of primogeniture, with an intestacy in the mix. I am told that my 1/8 th…
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Estate Agent Fees
Am considering selling a property but don't really know what is a reasonable fee for an estate agent. They don't seem to do much. The property value around £220k. Agent wanted £75 plus vat up front for photos. Then 1.5% plus vat from the sale. Is this really the going rate?
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Road edits
Road edits
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Exchange / Completion
First time ever selling so still have my L plates on in this selling process. Survey has been done, so on the basis they don't come back with anything terrible or they pull out, we hope an exchange date will be coming some what soon. What's the normal process with this? There is just us and the buyer so no chain. Will our…
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Stamp duty
Hi Sure this is a common scenario, just couldnt find the answer from previous searches I own (mortgaged) the house I live in, plus have a buy to let. Looking at online calculators, if I was to buy a new house for £300,000 (and sell the house I live in), the stamp duty would be £20,000.00 However it then mentions that the…
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Registration and application charges from Freeholder for Lessee renting out flat.
Hi, apologies if previously covered but couldn't find anything that relates. Currently a leasehold owner, letting a leasehold flat on AST for a few years, The freeholder and managing agent (same people) have made contact requesting registration and application fees and form filling, requesting all info regarding name of…
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Got Planning Permission—but a Covenant Says No! What Will Insurance Cover?"
I’m buying a piece of land that has planning permission to build a house, but it also has a restrictive covenant saying it can only be used for agricultural purposes. The seller has offered indemnity insurance, but I’m trying to understand what that actually covers. If someone enforces the covenant and says I can’t build…
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Section 21 notice
A friend has been served a section 21 notice and only has a couple of weeks left until the date she needs to move out. The landlord is selling. My friend is purchasing a property for herself but it is taking time to go through and will likely be a while longer until completion. The landlord is adamant about the move date…
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Help to buy isa bonus
My son is buying his first property funded from savings, inheritance and a loan from us, his parents. Will he still be eligible for the govt. bonus on his help to buy isa if he is not having a traditional mortgage with a bank or building society? Does our loan count as a mortgage? Thanks for any advice.
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Shared ownership
I was just wondering if you have a shared ownership property evaluated and it comes back that more expensive would you have to more money for the shares you already own or would it just effect the shares your going to buy?
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Bereaved single parent with disabled child can't get on the housing list - Help!
I'm hoping someone on here can provide some help with this as we don't know where to turn. Background of her situation is this. My younger sister, her partner and disabled daughter were living in my older sister's house. This was an unofficial temporary thing which was supposed to be helping them out. Her partner died…
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Is buying a house a good investment?
Thinking of a move, I don't buy to make money, oh, and I'm not up market posh, as you will see with house prices.Just need quietness, good neighbours, and no hassle over whose fence is it, when it blows down, arguments over 1 inch boundary dispute, etc.Anyway, had a look at my previous house moves,
Bought Price Fees Sold…
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Porting mortgage - interest on redemption
I am porting my mortgage like for like (exactly, no additional or less borrowing, same rates, same term etc) from my current property that I have sold, to a new property that I have purchased. All approved all fine etc. The solicitors have sent me an exchange summary of costs, and in this is an interest payment of £1700 on…
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Stamp Duty on inherited property - advice please?
I have a hopefully straightforward Stamp Duty question if anyone can help please? Myself and my sister have inherited a property from my late brother. We are transferring the outstanding mortgage (£174,686) to a new mortgage provider, in our own names. We have been advised that Stamp Duty of £9,766 is payable. We will be…
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Remortgage residential and purchase BTL
Hi all — just after a bit of advice as I’m a bit stuck on the best way to approach this. We’re currently with Vida on our residential mortgage — the fixed rate finishes in October/November. Since then our credit has been sorted (previous CCJ now dropped off), so we're hoping to remortgage onto a mainstream lender with…
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Buying out a step parent.
My mum and step dad have separated. They are both retired and mortgage free, my mum wants to stay in the property and my step dad has said he’ll leave for £60k (House is probably worth £150). my sister and I are trying to figure out a way to help our mum stay in the house and are looking into getting a mortgage (my sis has…
