-
Lease extension on share of freehold - Struggling to find solicitor
I own a share of the freehold for my Flat. There are three other freeholder within the management company. We all own an equal share and have decided amongst ourselves to collectively extend all of the leases of our flats to 999 for a nill premium. As a result, we won’t pay an excess and the paperwork should be relatively…
-
Leasehold flat, cost of replacement communal door seems excessive
I’d love to get some opinions. I’m in Kent, south east England, I know everything is expensive here. I own a 2 bed flat, ex council now owned by housing authority who have a habit of putting rather unsavoury characters in our building, and therefore, our front and back security doors get damaged frequently. I’ve received a…
-
Verbal Offer agreed but changed at the last minute, what are my rights.
Good Morning, We were in the process of negotiating for the purchase of a new house. We were going to use the House builders part-exchange scheme. They offered us £290K for our house initially. We turned this down and they came back with a £295k offer. Again, we turned this down. Then they called and said that they could…
-
Lease extensions - marriage value abolishment
When will Marriage value be abolished when renewing a lease and what is likely to be put in place instead ? Will it be cheaper then to renew a lease? open
-
Leasehold residential tenant subject to asset protection train track boundary
Looking for specialist advice relating to asset protection orders on leasehold residential property. Very close proximity to overhead traintrack lines busy lines and freight train activity. Tenant of almost 10 years. Restrictions on title. Devaluation Extremely close brick to boundary fence 3 meters Unregistered land…
-
Passing a Landlord Reference Check
Good afternoon, Does anyone know what information a prospective letting agent can see on a credit check for a new property. I am thinking of moving, earn enough with my partner to cover the rent and have good standing with my current letting agents. I do, however, have a very poor credit score due a currently running DMP,…
-
How to get cash into current account?
We are buying a house for cash with the money sitting in various savings accounts, all sitting individually under the FSCS limit. In order to buy the house we will first have to transfer the money to our current account resulting in it being temporarily significantly over the FSCS protection limit. We are talking over £1…
-
Possible tax on (briefly) owing two homes
Hi, My wife and I are keen to move house quickly. We’ve found one we like and we can just about afford to buy it before we sell our current one. But we’ve been warned about potential tax implications. Our current house is in my wife’s name. The new one would be in my name. Would that help us avoid the relevant tax? If I…
-
Miscalculated rent arrears by housing association - how to escalate
Hi, I have been renting a flat in London under the Intermediate Market Rent (IMR) scheme since July 2023. I have an AST tenancy agreement which states that "the rent will increase in line with our policy on intermediate rents being an increase on 1 April each year by CPI (Consumer Price Index) plus 1% based on the figures…
-
Parking outside own home in a 6 house cul-de-sac......?
Hello, FAO: MODS If this is in the wrong place, please move it. Background information - we have moved into my girlfriends childhood home that her mum lived in until she died 2 years ago. It is a small cul-de-sac with 6 houses on it in a L shape (see Picture 1). They were Council Houses, all 3 bedroom semi's. Number 1&2…
-
Help needed please
Hello, I have very difficult issue and cannot find help, my wife bought a home in 1971 but she was on a low income so to get the mortage her freind put his name to the application, the mortgage went though, her friend did not pay any payments as he only put his name to it so my wife could get the house,He has never lived…
-
Buy to let mortgage with main house protection.
hi All I have my home nearly paid off (15 percent left) and consider taking second mortgage to finanse much cheaper buy to let property. I have to be 100 percent sure about potential worst case scenario if things go wrong with the buy to let property and it has negative equity can i be chased by the bank on my main…
-
Rental tax relief
I am in the process of buying another house. My current property, in which I live, is going to be rented out, but I need to do some work for rental preparation. For example, I advertised it for rent on open rent 1st May, so I started some work on 2nd May. Can I claim tax relief for rental preparation?
-
Solicitor did not send application to Land Registry
In February 2022, I purchased a new build property, but I've recently learned that the conveyancer didn't submit the transfer application to the Land Registry. The following year, in April 2023, they emailed to say registration hadn't been completed because they had requested an electronic signature, which wasn't…
-
Can I sue the previous owner?
Hi. I bought a house, just over a year ago that has a large garden. I’ve been doing some maintenance in the garden and have discovered that the previous owner has buried a large number of items in the land. So far I’ve found a fridge/freezer, about 12 used tyres, rubber bases that you put heras fencing into and some car…
-
Repay mortgage now or wait until sell
Following a bereavement I’m now in the position to pay off my mortgage. I would like to do it now but wish to put the house on the market in a month or two. Should I payoff now or wait until it sells? To add I may have to rent a place next.
-
Mortgage declined after acceptance
Hi guys, Mortgage had been accepted subject to work being carried out before they would lend due to structual issues - so that mortgage is pending. We decided today to pull out and our broker ran another AIP with them again for an additional 50k but it came back with ‘declined’ and the reason being ‘credit score?’ Broker…
-
ELECTRIC EICR NOT EIC as electrician done a runner
morning Guidance needed please ….builder did annex extension however he turned out to be a cowboy builder who left work not passing building regulations. Has cost me extra £3k+ so far but can’t get EIC as he holding that to ransom plus photos proving drainage work due to argument on money paid. My only alternative was to…
-
Why does my landlords referencing agency want my NIN?
I am not comfortable providing my National Insurance Number (NIN) to random companies as I consider it a significant invasion of privacy. Given how frequently data breaches occur, I do not feel safe handing over such sensitive information. What exactly can be accessed using my NIN? Specifically: can they see whether I am…
-
Offering on a new house before mine is sold?
I'm aware I'm in a weak position. Still, I'm interested in offering on a house I really like in a new area and my house is on the market, has gotten 4 viewings in 2 weeks, but no offers yet. I've read I can make a "contingent offer" on the new house, though. Seems likely to sell in the next couple of months. Is this a good…
