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Right to buy
Hi, I was looking for some advice. I am currently buying our property using the right to buy. We received an offer which we accepted on an email. We then 3 days later received an email off the HA stating they had made a mistake and that they had not applied the government's capping and the quote is now £80k more. Is this…
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How best to serve notice to good tenant well ahead of end of fixed term AST
My brother and I jointly own a flat which is currently let to a good tenant who first moved in just over 3 years ago . We recently signed another 12-month AST which ends in Feb 2026. By the Spring of 2026 my brother will need to realise his capital in order to help his children on to the property ladder, so we knew we…
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First Offer - Strategy
Hi all - first time buyer here. Saw a property we liked at the weekend. Asking price £500k (reduced from £525k in February). Was previously on the market at 525k a couple of years ago. We like it, and it's in good decorative order. Small kitchen and no upstairs bathrooms are downsides. Limited scope to extend (small…
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Own 2 properties, buying a new build - CGT and Stamp Duty?
Hi there I own my own house, and also a few years ago bought house for parents to live in (I never lived there, they don't pay rent and are not legal tenants) I'm buying a new build house for my main residence due to complete late this year. Rather than sell my current main residence before I move, I'm hoping to just move…
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Change in AST terms
I have agrred wth my tenants, at their request, to end the tenancy earlier than the fixed term. Is there anything I need to do legally, such as deed of surrender or a new revised AST, or is a simple email chain showing both parties have agreed enough? Since it is the tenant wanting to leave early and I have no pressing…
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Renting main property and downsizing to a smaller home
As the above says we are looking to rent out our main property which is in my name only (inherited) and are now in the position to downsize to a smaller more economical property to be purchased outright in husbands name only . Now as i have no pension the funds from the rental would become my pension on paper with fees we…
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Stamp duty when moving home while owning a BTL property
Dear all, Apologies for starting new thread. I don't know whether this has been discussed before. Admin please delete this if not allowed. I am selling my home and am looking for a new home to move in. I have found a house with an asking price of £575,000. I have to sell my house first before buying the new house. My…
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Suitable funding option for commercial property purchase
Hello. Can I ask, based on your practical experience, what is the best funding option (i.e. Business Loans from the bank, commercial loan etc) to use to purchase commercial property which will be put into the rental property market? Thanks
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Joint tenants or tenants in common
Hello, My sibling and I were gifted our parents home in 2011 as joint tenants.For various reasons they have stayed in the property & have not paid rent so we know that the “gift without benefit “ doesn’t apply. This was gifted before my sibling married and they have not had any benefit from it. However since 2011, my…
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Do we pay tax on our house sale interest now that we no longer own a property?
We changed jobs last year and now live in a house that goes with our jobs. We decided to sell our house as ultimately we are planning to retire to a different area. We live in Scotland just now. We now have all the proceeds of the sale in various savings accounts. We are not liable for Capital Gains, my solicitor informs…
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RTB - Right of First Refusal
Hi Folks, I'm beginning to offer my home back to the local housing authority. I've heard through the local removals firms that they often try to force homeowners to agree to terms that are outside the housing act legislation. This has included, removal of carpets at sellers cost, down valuing for estate agent fees and…
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Shared ownership and land registry issue
Can anyone shed some light on our predicament please. We are shared ownership 50% share. We are trying to buy 100% so we can stop paying rent. Our housing company was Obit and transferred to legal and general 13month ago. We started the process September 6th 2024, it’s now been 8months and we still haven’t completed,…
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Joint venture on purchasing property with parents
Partner and I are looking to buy our first home, and have a decent deposit saved so far (approx. £145,000). We'd like to stay close to my parents for childcare purposes and and other reasons (not everyone's cuppa, I know!). We are considering looking at a joint project with my parents; either buying neighbouring properties…
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New council tax powers re second homes
I believe these draconian measures have now reached second home owners in England? However, this situation has existed for some time here in Wales. My parents neighbours, a married couple from Manchester, have a small 2 bed bungalow in N Wales as their ‘holiday home’. Last year they were charged 100% premium on their…
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Neighbour dispute
HI, we have a party wall with our neighbour. The wall is about 5ft and we have fence panels on top of this on our side meaning that we cant get to the top of the wall. For some time neighbours have been weeding their side and top of the wall (quite an old wall so does have weeds etc growing out in spring/summer) and…
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I hate bidding wars
I know I have to accept that it's always going to be about money, but I have to vent. Just sold our house after back and fore as initially offered us too low. We end up accepting slightly less as we find a house we fall in love with. We are first to put an offer in. Two offers come in after ours. The seller 'doesn't want…
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Shared ownership of unregistered property
A relative has died, leaving their small share of an unnregistered property. A younger relative who lives in the property, paying rent to the major shareholder, is going to receive the family's share as her inheritance. He solicitor has told her that only the major shareholder can register the property. How do we get the…
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Non standard construction
Hi all, looking for some advise if possible please. I currently live in a small 2 bedroom house with my wife and son. We are exploring the possibility of having another child and would not be able to stay in our current home if we have another. We absolutely love the area we live in and would need to stay here for various…
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Purchasing property from Together Housing - inquiry
Hello all This is an inquiry for those who may have had such experience or knowledge on this matter. Long story short: is it possible to purchase a property from Together Housing association where my parents live (they are on PIP due disability) and I lived there for a while (few years) and have moved out & and i got my…
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Buying New Build with the option of a purchased garage seperately from the builder.
We are in the process of looking to buy a new build property that is does not have a garage but have been given the option of a garage being built after completion. This has only been by word of mouth the agent and the builder so far . We do not want the property without a garage and it we only considered it when given the…
