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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…
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How important is right of way stated in TP1 on a new build estate?
We (the residents) are about to take over the running of the management company from the developers. It is a small estate of less than 20 freehold houses and we have now been given copies of the TP1’s for each house. There are a few roads, grounds, drains etc that we have to pay service charges towards. Each TP1 should…
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Charges on Register
The Registered Title of my property is in my name but has an old Charge against it (1931). I am now selling on. Is it really necessary for me to get an Indemity to cover this? It wasn't advised when I purchased 5 years ago.
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Buyers solicitor asking us to pay Indemnity Insurance
Selling our house and the buyers solicitor has come back with more enquiries. The driveway was installed by the previous owner over a decade ago and so we have no information regarding this. So the buyers solicitor is saying they will require Indemnity Insurance at my expense. It says that local search results also confirm…
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Minor Defects on new build. Within 2 years
I purchased a new build property from a local small company (2 owners, limited company) and the property came with a structural warranty policy which covers the 10 year period. The builders are not responding to my requests for some MINOR defects to be rectified (less than £1000). The structural warranty policy states that…
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Long Stop Date - Legal Rights!
Can anyone tell me what my legal rights are if the long stop date is not met? I know I can walk away and get my deposit back but what about additional extra’s that I have paid for? Am I entitled to that money back too? We reserved the property in Nov 2020 (£500 reservation fee). We then exchanged contracts in Jan 2020 with…
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Very old electricity wayleave
Hi Has anyone re negotiated a very old electricity wayleave? It was my mother's house and she passed last October and it is now my brothers. As I have LPA I need to do my best for him and the payment is very low (<£20 a year). I have a copy of the agreement and it was signed in 1955. There seems to be no end date or any…
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Selling house/searches
I am selling house offer accepted on 19th May Memorandum of sale also sent to all party's on 19th May. My solicitor informed me that they have sent over contract of sale over to the buyers solicitor on 20th May. I was then asked to fill in fitting and fixtures forms which my solicitor confirmed that they sent this over to…
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Merging old leasehold into existing freehold, with no mortgage
Hi all, I'll try to describe the situation as clearly as possible: -Property is a house, and there exist two separate titles assigned to it - an old (original) leasehold and a (newish) freehold.-There is no mortgage on the house, so it should be simpler.-Checking with the Land Registry I can see that several houses on the…
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Mortgage declined, how successful are appeals ?
Hello A little background: in 2017 I had to take out a DMP , I then got on top of my finances and closed it in October 2018. However, as this is still within 6 years I have adverse credit history. My score is quite good now and keeps going up. I'm single and buying a house on my own. First house at the age of 45! I also…
