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Advice needed: Lodger/Airbnb arrangement after bereavement
Hi all, Hoping someone might be able to point me in the right direction here. My brother and I have inherited our family home following our mum's passing and are considering the arrangement outlined below. We'd like some guidance on the legal side of things before we proceed. Background: We sadly lost our mum very suddenly…
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Building safety act for an off plan new build?
Is it normal for solicitors to refuse to take on or apply high building safety act fees for a new build off plan purchase because it has a bit of cladding? Surely a new building should be compliant with today’s regulations. What I’m particularly worried about is will this make resale very difficult too?
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SDLT and NPV
Hello, So I purchased a property in 2016 and at the time my solicitor worked out no stamp duty was due as It was a shared ownership plus I had first to.e buyers relief. I'm trying to get a better understanding of these kinds of topics etc. I understand as my share was £105000 and I opted to pay in stages the SDLT on my…
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Help to buy ISA - stay or go!
I've been paying into my help to buy isa for years, and it's reached the amount that will allow me to claim the max. government bonus. But, my parents, siblings and I are looking into purchasing land and getting permission for tiny homes. We're unlikely to find a suitable plot of land for under £250,00, which is the max…
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EA Contract help with understanding clauses
Hi All, we are in the process of changing estate agents for our own reasons. the previous agent got us say 10 viewings / introductions during their term. we selected a new EA and they sent the contract over and I am confused by the wording mainly in the section about sole agency. I’d really appreciate some help…
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Transfer forms
Hi Land Registry, We need to update our house ownership with the Land Registry. It's currently registered in the names of Mum (since deceased) and my sister as Tenants in Common. We need to register it as Tenants in Common between my sister and myself IN UNEQUAL SHARES (2/3 and 1/3). We have had a Declaration of Trust…
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Why would indemnity policy for covenants, rights and easements be needed?
Purchase of a terraced house built in 1870. Title register contains a statement in the Charges Register that a conveyance dated 1870 contains restrictive covenants but no further information is available (that's the only entry in the Charges Register). Solicitor has asked vendor's solicitor for an indemnity policy covering…
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Porting mortgage with recent defaults & significant debt
We are with Skipton Building society. Never missed a payment would like to move to a cheaper property (bought our current for £310k & mortgage is £263,000). We’ve seen a property for £280k but in the past 12 months I have had £60k of defaults from credit cards & loans, added to my credit file. Obviously did not have these…
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FTB – seller in chain + offer 9% under “min” price – risk to Feb deadline?
Hi all, We’re first-time buyers, offered ~£20k (9%) below the “minimum” price the agent quoted. Sellers are 2nd in a chain and their purchase isn’t yet secure. Our lease ends early next year, baby due, so we must complete by 1st week of Feb. Concerned delays or collapse could leave us stuck. Anyone been in this situation?…
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Fees for extending the years on a council property lease
My daughter is the leaseholder and owner of an apartment owned by Birmingham City Councill. The lease has 2 or 3 years to run but we're aware that paying the counsel to extend the years of the lease will be advantageous when she comes to sell the apartment in years to come. She's asked the council and they've come back…
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Adding land to smallholding deeds
We have a smallholding with farmhouse,cottage and 5 acres plus a seperate 2 small fields that are nearby but not next to the smallholding. I am wondering if it is possible to add the 2 seperate fields that we own and put them onto the one deed with the smallholding? We have a mortgage on smallholding but fields are paid…
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End of fixed rate and early exit fee
My current fixed rate is due to end at the start of May 2026. I have an early exit fee of around £2.5k which doesn't decrease towards the end of the deal. I am looking to sell the house to buy somewhere bigger. I obviously cant refix and want to avoid the early exit fee or going onto the absurd svr. Other than porting the…
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Listed building and windows
Sorry I'll have loads of questions the coming weeks. Viewed a grade 2 listed house today, lovely inside, but I was pleased with myself for noticing that it was the only house in the terrace with double glazing which rang alarm bells. We asked the estate agent, who said I'm sure they are fine... though this was after saying…
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Stamp Duty Question
My step father currently lives in a property alone and has done since my mother passed away several years ago. He has since met a new partner and is looking to move in with her next year. My two step sisters, brother and I are tenants in common on the property along with my step father. The plan being that when my step…
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sell a second property or take equity release to give me money to spend?
Sorry about the section I have chosen there was nothing specific to Equity Release. Here goes anyway. I am asking this for a friend as they are weighing up what they could do in the coming months. They have a property currently rented out and when that rental comes to an end they would like to either sell it or use an…
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Stamp Duty Calculator and Q&A discussion
This thread is specifically to discuss Stamp Duty Calculator and Q&A Please click reply to discuss
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Completion but not moving straight away
Just after completion will be going away. What do I need to do and whether it can be done remotely? I Most important is utilities such as gas and electricity. Council tax, water rate and bb could be set up online. Is there anything I need to do urgently as will not be living there for a little while? Thanks
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Solicitors asking for additional money a month after house purchase
We completed on our flat purchase on 18th April, received final invoice, all paid up. Solicitor made a mistake and charged £150 for land registry when it should have been £330. They're asking for the difference. Should I pay it? The mistake is theirs, a month has passed. How long are they allowed to keep going over figures…
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Mortgage decisions
Hey newbie here, 31 year old just coming to the end of a 5 year term on mortgage. Home bought for £152k currently owe £122k and has been valued at £240k/£245k. This has been our first home but wanting to use equity to start BTL. Currently looking at options and seeing peoples opinions short and long should we remortgage at…
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Transferring money on completion
Funds in different accounts. Near completion do I transfer the funds to my current account and since it involves a large sum of money, it is advisable to use chaps instead of online transfer which will have to be done over couple of days. Thanks
