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Ews1
hoping someone can advise. please. I am in the process of buying a house and selling my flat. 12 weeks in my buyers bank has said they need an esw1. The block of flats is 6 stories (ground floor and pent house included) and less than 18 metres. It is brick built with steel frame and no cladding. In England north west. The…
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What is my residential status?
I live in a flat which is owned outright by my parents, to whom I don't pay rent. Some of the time I live on my own, while some of the time my children (whose mother lives elsewhere) live with me. What is my residential status for the purposes of applying for finance, where "Other" is not listed as an option?
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Stamp duty when owning more than one property
Can someone check my understanding of the stamp duty rules please? If you buy a house whilst owning other residential properties, you pay the additional stamp duty rate? However, if you sell your main residence whilst also owning additional property and buy a new main residence you will not have to pay the addtitional…
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How to get a lower-end property valuation?
Hi, for capital gains tax purposes I need to get my property valued. I have booked an estate agent valuation, stating I am considering selling (which I am), but mainly need it for CGT. Essentially I would benefit from as low a valuation as possible - how do I achieve this? My current plan is to ask for a realistic quick…
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Jointly owned house up for sale
I jointly own a property that was agreed through court to be put up for sale. Since being put on the market the other party has instructed the estate agent to reduce the price and now removed the property from sale. Is the estate agent allowed to reduce the price and remove from sale without both parties consent? Despite…
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Company called "British Homebuyers"
Does anyone have any experience of using this specific company? they have offered me 95% of market value of our house. We are in a bad situation and need cash urgently in a terrible local housing market. Thanks
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Fair or Unfair clause?
I have been marketing my Mothers home for 5 months and am very unhappy with the agency. Despite speaking with them,, nothing has improved and I am changing agents. I have a clause in the contract that says: "Please note: If you terminate this agreement and later sell your property to a purchaser outlined above your…
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Where do we stand?
Hi all hoping for some guidance please. We proceeded with purchasing a new build earlier this year. We were due to exchange contracts but it came to our attention at the final hour there was issues with planning permission - the issues are based on the material used for the build which have been refused (after house is…
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LTD Company Rental
Hi Everyone, Just thinking of this idea; 1. Borrow extra £200k from our home via remortgaging 2. set up a LTD company 3. Lend the company £200k as a loan from the directors. 4. Buy a BTL property within the company and pay all costs via company. 5. Repay the loan with interests back to directors. 6. Tax not paid on loan by…
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How important is building name when buying?
Leasehold England: At this stage no body seems to know if the building name “white court” is officially apart of the title or not. Royal Mail postcode checker simply shows ‘Apartment 24 48A Example Street’ without white court mentioned. Land registry website search also doesn’t show “white court”. The broker has returned…
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Sound proofing
Being woken up.at 3am.in the morning from youngsters from flat above as no soundproofing at all , asked landlord from flat above but as it's expensive I got a no 😔
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8 weeks since accepted offer and buyer has yet to instruct their solicitor. How long do I wait?
There is no chain on either side and the buyer is a cash buyer. How long do I wait before I pull out from the sale?
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Night Hours Noise
Hello, Is there legally any reason why a housing association won't apply that law to tenants?. The ones causing the noise are not mentally ill they are older & physically ill & both of them are deaf. The housing association has so far not applied that law & don't seem as if they are. So this has left me wondering why?…
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AML payments
I recently saw this on an estate agent listing - can't remember having to pay this when I brought and sold about 3 years ago? Aml Procedure - To comply with anti-money laundering regulations (AML) all estate agents must be registered with HMRC. Gowland White complies with this legislation by using an online AML risk…
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My name on the deed
My partner and I are engaged but as of yet unmarried. We’re looking at houses together with the intention of buying a starter home, as we’re looking to start a family in the next two years once married. My partner is concerned about my name being on the deed to the house as he will be contributing solely to the mortgage…
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New build - who is very happy with theirs?
I like the idea of a new build house but am put off by stories about poor build quality. Is anyone very happy with their new build? If so, why and who built it?
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FTB Tenants in Common rules for residence/ renting
This is long so bear with me. I live in London (renting for eye watering amount). My intention is to move back to Scotland but there are fewer
jobs there in my industry so I’m essentially waiting until I get a job. A very good friend of mine who I’ve discussed buying with
for years currently has the opportunity to buy a…
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Level 2 survey required?
Hi, posting on behalf of my mum. She currently lives in a 3 bed semi, no remaining mortgage. She has put an offer in on a bungalow & has had an offer on hers. The buyers of her semi are first time buyers & the bank have organised a homebuyers survey. She will be a cash buyer for the bungalow she is moving into. Should she…
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Shared ownership resale - SDLT
Hi, I'm researching costs of getting a Shared Ownership resale as a first time buyer. I can't work out if you pay stamp duty on the full market value, or just the value of your share. The sources I've found say you don't have the same options as when buying a new build SO, but don't say exactly how it is worked out (gov.uk…
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Equity split (non married)
I own my home 50/50 with my ex. I've lived here for 4 years with our daughter. The house is currently on the market. I would like to push for slightly more of the equity, I've paid full mortgage and maintenance the whole time. I have in writing that he thinks he has no responsibility in any way for the house since he moved…
