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Estate management company - outrageous registration fees near completion
Hi! So it is almost time for exchange and completion on a freehold property I'm buying that's subject to estate management fees. My conveyancer has been less than transparent about what's going on and its been in excess of 7 months waiting due to a change in management companies during this time. Suddenly my conveyancer…
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How Long Back do you have to provide evidence for the Money Laundering Checks?
Posting on behalf of my parents who are the process of buying a house mortgage free. They are selling their current house and using some funds that have been sitting in a saving accounts for years to purchase the property. The funds were mainly inherited when my Grandmother died in 2010. They have now been asked to provide…
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Shared ownership is this the best move.
Hi all. Just looking for a bit of advice on what to do in my situation. Basically approaching 40 we have 3 young kids and in private rent. I earn a decent wage, wife's stay home mum and she gets UC. So we need to get somewhere secure. But the house prices are crazy to buy literally cant find anywhere in a half decent area…
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Level Three Survey?
Our buyers recently had a level three survey done on our house that we are selling. A four bedroom semi detached house built in the 1930's. We were prepared for an afternoon of disruption but in the event we were surprised how quick the survey actually took. Surveyor arrived and spent at most thirty minutes outside…
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Legal implications of being an unpaid director in a management company for a block of flats
I've been a director of a management company for a block of flats (approx 24 one bed flats). We employ a managing agent and I assumed that they would have some level of legal responsibility to ensure health and safety regulations are complied with. We are all volunteers and unpaid, which is why we employed a specialist…
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Lease extension – fixed fee service vs separate solicitor/valuer?
We have a flat in London worth about £500k with ~85 years left on the lease. We’re looking to extend. Our freeholder has been a bit difficult in the past (insurance / service charge), and there may also be a historic kitchen alteration issue which could complicate things. We’ve been quoted by Homehold for a managed,…
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Any Conveyancers/Solicitors on here?
I just wondered what sorts of checks does a conveyancer carry out when they receive the title documents back from the Land Registry? This is a copy of a title plan that the Land Registry sent to my solicitor when my new house was first registered with them. I am trying to gauge whether a conveyancer would be expected to…
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Solicitor completed sale without requesting searches
I moved house last May and within a few weeks, extensive building began 5 doors away. I had been in hospital when the sale exchanged and completed, but had been told via email and verbally that searches were back, everything was complete, and we were good to go. In the coming weeks and months, I asked repeatedly for the…
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Capital gains tax
I have a partner and we each own our own houses. We are looking to get married in May 2027. I intended to sell my house next year. If the house isn't sold by the time we get married, am I liable for Capital gains tax.
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Restrictive convenient and extension without consent
I'm helping selling my parents bungalow as they need to move to more sheltered accomodation. About 2 years ago they had an extension built and only got planning permission but didn't get permission from Persimmon and it seems they were under a restrictive covenant Can this be don't retrospectively ? could persimmon make…
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Renting/selling advice.
My father recently passed away. The family home was owned by him, my mother and brother. Now that he's passed my mum and brother are not sure what to do with the property. It would approximately e worth £130k if renovated. At the moment its not in great condition (would need new kitchen, bathroom, heating and one new…
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Empty Flat investigations
Sorry not sure what category this comes under. Hi. I live in a block of 5 flats....all share of freehold where we all contribute to pay for communal works, buildings insurance etc. Issue is that one of the flats has sadly been empty since 2016. The owner passed away and left it to his partner who passed away shortly…
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SDLT Refund on 2nd Property. Definition of 'Main Buyer'
Hello, I hope somebody can help me please. I own a property that me and my wife live in after we recently married. We are purchasing a 2nd property to live in but keeping the current one until after completion on the 2nd. We will then sell this one. I know we can claim the SDLT back provided we sell the previous main…
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Compton Group - Offering Freehold for £800
Looks like I'm one of many who will have been in a recent batch of purchases by Compton Group. My original Freeholder was Landmark Collections who I would pay £6 per annum to. Just putting the feelers out to see if anyone has been through a Freehold purchase with them already and has any positive or negative memories to…
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Building certificate
Hi. My daughter is in the process of buying a 3-bedroom house. It is Victorian and some 6 years ago the vendors converted the attic to a bedroom. Having spent money on a full buildings survey and solicitor fees etc., my daughter has suddenly learned that there is no buildings certificate for the conversion. The current…
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What personal information do estate agents need from you when you sell your house?
I might be selling my house for the first time. What information does the estate agent get from the seller, to perform money laundering checks and other checks or forms they have to fill in - for example, do they ask for job description, salary, 3 months bank statements, or any other information?Thanks very much.
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Shared ownership lease
Hi everyone, we own 85% of a shared ownership house and are now looking to buy the remaining 15%. We knew there was a short lease left when we bought it and were no looking to. It the remaining 15% before we hit 70 years as our mortgage lender won’t lend on anything less. I’ve just noticed that the commencement date of the…
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Purchasing Detached property with GF Flat. Additional Stamp Duty Due?
We are looking at purchasing a detached house which has a studio flat on the lower ground floor. The flat has its own address and separate council tax banding. The house was built as it is now in the 1970's and doesn't appeared to be registered with land registry. The flat has been let out in the past but is still…
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General Advice - Let-to-Buy to fund New House - Thoughts needed
Would appreciate any advice thoughts on the below. We have a house 10 yrs left on Mortgage (100K on 280k Property)* 22k in debt * Zero savings * Joint income 82k * 2 children Both of us it's fair say have been terrible with money and are trying to learn.My partner is desperate to get a bigger house and suggests we:*…
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Rental property with rats at start of tenancy
We moved into a very nice rental property. It's a farm with the landlord living in the main house and we are in a converted barn. The first night we moved in I heard scratching and chewing noises in one part of the building and assumed mice. I've dealt with mice before but asked the landlord for advice and to update them.…
