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Home insurance with lodgers
I have two lodgers and just renewed my home insurance with MBNA. Previously I was with Post Office for a number of years. Firstly I didn't have the option for Emergency Home Cover with MBNA due to having lodgers. That was odd because I've always had it previously with other insurers. And then when I phoned MBNA to ask a…
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Viewers/potential buyers
Our home has just gone live online and we have a viewing in a couple of days. The agent recommended we accept the viewing request even though the viewers haven't yet got their house on the market. I know they are potentially just being nosey or maybe not. I don't know how I feel about preparing the house for potential time…
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Capital Gains Tax for married couple.
Hello My wife bought her flat in 2002, I went on the deeds in 2020, we sold it in 2024. When filling in my CGT form, it asks if I bought it, inherited it, got it as a gift, or other, do you know which I select? And for my calculation, do I do the same as my wife and subtract the price she bought it for, though that was…
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TR1 advice
Hi I am in urgent need of advice regarding the wording on a TR1 and would be grateful for any help! My ex husband remained in our jointly owned property (we have been separated a few years) as until now he was unable to get a mortgage on his own. He has now been given a mortgage offer and is taking me off the property. The…
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Property buying companies
Hi. I am trying to sell a house quickly (for various reasons I wont dwell on here) and am considering a property buying company. I know they pay less than market rate but am willing to take the hit. The property is unmortgageable through normal lenders and is considered derelict as it needs major renovation (stripping it…
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LISA interest over and above deposit amount
I've tried to find out the answer to this question, but can't find anything so wondering if anyone has any experience of this please. I have a gov LISA account in which I have been saving our house deposit as FTB. We have accrued a few hundred pounds in interest now, and I am just wondering what happens with that interest…
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Selling a property via auction
Looking for advice on selling a property via auction. For various reasons i'm looking for a quick, hassle free sale, and appreciate this may be reflected in the price I would achieve. What criteria would the property need to fit in order to be suitable for auction, and what does the process look like? Any thoughts…
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Buy a Flat with section 20 started 2020, completed 2023, bill not issued.
Hello Everyone, I am at the final stage to buy a flat, ex council flats, however, there is something that doesn’t make me feel comfortable to go head.In 2020 there was a section 20, works completed in 2022 and the estimate amount to pay is £22.500 each, there are 8 flats, the bills haven’t been issued yet, and that’s weird…
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Extension next door and border question.
Just wondering I have a pipe on wall attached to neighbours. Was there 18 years ago when moved in. Was actually going to remove myself cause wanted somewhere else anyway. However neighbour has now demanded in be removed and given 7 days formal notice to remove (from an email) or else he will get someone to come and remove.…
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Is it normal that a tenanted property is sold with Limited Title Guarantee?
I am selling my LH flat that I lived in for a few months when I first bought it 11 years ago, and has been rented out since. My solicitor says I should sell with limited guarantee, mainly because of this point, which applies to full title guarantee: "The property is free from known
encumbrances since the last disposition…
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Help - house purchase and understanding old deeds. Probate and trusts.
Hi, Looking for some help understanding our potential house purchase and some wording in the deeds. We have queried with our solicitors but wondered if anyone here could decipher it please? The Purchasers shall hold the said property Upon Trust to sell the sane with power to postpone the sale thereof and shall hold the net…
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Help calculating shared ownership stamp duty
My solicitor is very confused (worryingly) as to how to calculate my stamp duty on my shared ownership. I'm in the process of purchasing 100% and getting the freehold. Can anyone help me calculate it as I'm tying myself in knots with it and worried about a massive bill. 2019 house valued £187500 I purchased 50% at £93750.…
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Mid-40s, newly separated. First time buyer advice.
Hi there. I have found myself in the rather sad position that I have separated from my partner and our son and I am having to find somewhere else to live. My current property was mortgage free (it was inherited by my partner), so I have a fairly substantial amount of savings (about £160k) that was saved up whilst I was…
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Had a notice from Landlords Administrator
Hi, Just received a letter from Landlords Administrator. A place called Clyde & Co in London. I live in a block of flats. The letter says "we suggest you take legal advice on the effect of this notice". The problem is that its all in "Legal-speak" and i just dont understand what it is saying? It appears to be saying that…
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Thoughts on fixed price
If a house is marketed as a fixed price what are you thoughts on this? Or Is it better to market it for more than what we want (£140k) and hope for an offer above this so advertise at £145/50k
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Selling house with sockets added by kitchen fitter
Hi all, We had a kitchen fitted by a friend of a friend who is in the trade, but not a spark. we thought nothing of it as we weren't looking to move at the time but for various reasons are now selling our house; We've accepted an offer and are now filling in the relevant paperwork. As part of the kitchen we had him fit…
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Ev charger
Hi all I'm currently living in rented accommodation with a housing association, I had an ev charger fitted a few years ago at my expense with the landlords written permission. I'm now purchasing a property, can I take the charger with me or not? Thank you
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How do I find out where my tenants' deposit is?
My late mum was the landlord of the property that I now own and am wanting to sell. Two different agents managed the rental, and the one dealing with it now, doesn't know anything about the deposit that presumably my mother arranged. Is it possible for me to search to find it? I gather that there are several deposit…
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Advice needed on house negotiation
I have put in an offer for a new build house in London which has a guide price of £725k, I’ve offered £700k. The developer has come back with a counter asking for £750k but they’ll pay my stamp duty (£22.5k) plus some additional costs of c. £5k. This makes the effective cost just over £722k. This is a decent counter but I…
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82 year old facing homelessness
My mother is 82 and has been asked to leave her flat of 5 years as the landlord wants to sell it. We've had very little help from the council, and places to let are thin on the ground. How can we get help with this? Thank you
