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Advice needed. First time buyer
My son is a first time buyer. It's a long time since I purchased my property so I'm looking for some advice. He (and partner) have put in an offer on a house which has been built on the side of an existing house. Sorry not sure how else to describe this. Someone has lived there for 9 years and the agent said all…
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Service Charge mess post completion
Hi, I was sent a message by my conveyancer today, cc'ing me into an email to my buyer's convenyancer and previous management company's solicitor, saying that I am in arrears. I completed on 28th March and paid up to 31st March (was on DD payments which i cancelled before moving out). My solicitor even did apportionment for…
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Cost of negotiating a premium to extend lease
Hello, Hope you are all well. Apologies in advance if this has been posted. I have been emailed costs on negotiating a premium to extend the lease on my parents flat which is £200 per hr or a flat rate of £500. I really dont know how long the negotiating will take - should I go for the hr or flat rate? thank you in advance
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House selling dilemma
I know what I am about to post will cause a lot of criticism but I am in a dilemma. Nearly 12 months ago I put my house on the market. We have a buyer who offered 60 K below the asking price. I rejected the offer and he came back a couple of times and the final offer was 30K below the asking price, which I unfortunately…
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Can i sell my property during Section 21 notice period
My Wife and I put our property up to rent when we had to relocate to a different area due to a new job she was offered. We have now decided that we would like to relocate properly to this new area so we would like to sell up and buy something closer to her work. We have tenants in the property and we will be able to issue…
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Transfer of Equity - Does it have to be 50/50 between two people?
Morning all, My partner has a BTL property solely in her name and she wants to put me on the mortgage without remortgaging. There is a mortgage of around £113k on the property, it's worth around £155k. No money will change hands. We've been told the best way to do this is via Transfer of Equity. Do we have to split the…
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Amalgamate 2 house
I wondered if anyone had any advise, I am purchasing my neighbours house, we have had a remortgage application accepted in our current property to release the funds to but next door outright. However it now seems that the lender will not give funds is the intention is to amalgamate the houses. We are not going to…
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Selling with neighbour dispute
Just wondering if anyone has experience of selling a property after making a complaint to the council about a barking dog, and has this affected the sale price? My situation is a little complicated in that I originally complained to the council, after speaking to the neighbours numerous times, due to the dog suffering from…
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Remortgage less than 6 month rule
Hi, Had a flat for 3 months. Looking at remortgaging to buy another. Does anyone know of lenders who will do less than the 6 month rule ? Also I've been in touch with some brokers but they are charging minium £600 to get a deal for me Anyways around this ? Thanks Andrew
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Shared Ownership - joint salary…
Hi all Does anyone know if the max joint salary for shared ownership will increase from the existing £80k? My wife and I are just over the threshold, and the only way we can go down this route would be for her to go part time (not ideal). Many thanks
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Equity amount
Hi we have aip £138,250, £80k equity house purchase £218,250 mortgage advisor advised keeping £80k equity for house purchase and remaining £11k for solicitors fees/moving costs etc weve had offer £5k under on our house just want to check if we accept we can take the extra £5k out of the remaining £11k with no issues from…
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Deliberately vague
Our new neighbour (Mr. A) is on a mission creep to see how far he can go before we react to his intention to remove and replace our fence in the back garden. He's already removed our front garden fence because he doesn't like wood. The boundary is Mr. A's to maintain. The fences* are on our side of the boundary and were…
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Neighbour threatening to try and complicate sale
Good afternoon all, My wife and I are looking to put our house on the market soon, and have always had good neighbourly relations. The short version is we feel our neighbour is threatening (blackmailing might be too far?) us, using the threat of raising a formal complaint to the council to complicate our sale, and we're…
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Stamp Duty on Shared Ownership Property
Hi All, My mum has inherited 75% of a house with the housing association owning the final 25%. She would like to purchase the remaining 25% (and continue to rent it out). Would she need to pay stamp duty on the 25% that she’d be purchasing or would it be on the value of the entire property? She owns her own (different)…
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Freehold flat maintenance
This is a very unusual set up. Eight purpose built flats 1960s. All sold as freehold. No leasehold. No landlord, no ground rent no service charge. One of the flats owns the grounds and common parts. The deeds for all the flats says the eight owners need to co-operate to share maintenance costs and if they can't agree they…
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Stamp duty when separated but not divorced
My daughter and her husband lived in rented accommodation while together, they have been separated for 5 years and have no financial ties and have not bothered with a divorce. Since separating he bought a house and lives in it with a new partner. My daughter now wants to buy a house and I am worried it may be treated as…
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When to pay what; solicitors, surveys, movers…
Hello just wondering at what stage in the house buying process do we pay for certain things. We’re in wales. Selling our home and moving to new one. We pay initial solicitors fees but then at what stage would we pay remaining solicitors, surveys, movers etc
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Redrawing garden boundaries when moving next door
Hi all, I hope this is the right place to ask this question. I am currently in the process of selling my house and purchasing the property next door. To address a problem with the very odd shaped garden at the property I'm purchasing I plan to "take some of my garden with me". This is an area approx 10m by 10m at the back…
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Transfer of equity - permissible/allowable deductions
When making an offer to purchase my former partners 50% share of the property in a transfer of equity, are there any permissible/allowable deductions that can be made (e.g. my legal costs, stamp duty I will have to pay, etc etc)? Any advice would be appreciated.
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Residential property/holiday let
I am just in the process of buying a small weekend/holiday cottage. My husband’s job comes with accommodation provided (where we live most of the time) so the cottage will be my only owned property. The seller has used it as a holiday let when not there and has offered to transfer the existing letting bookings in July and…
