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MSE guide: Joint tenants or tenants in common – which to choose?
This is the discussion thread for the Joint tenants or tenants in common – which to choose? guide. The guide discusses topics such as: - How you own impacts your rights - Joint tenants have equal rights - Tenants in common own a share - What if we have children? - Differences at a glance If you haven't already, join the…
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Difficult sale post death
Looking for some ideas. A family member is executor for her later father's house that has an equity release loan on it. He died about 14 months ago. The house is a 3 bed worth about £300K, the loan is about £100K but still going up. My family member borrowed £40K from another family member to pay her father's siblings and…
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Offer rejected, should I put in a higher offer?
I put in an offer on a property the other week and it was rejected. The seller took 8 days to mull it over and finally say no. The estate agent said she was on the fence but that the offer was just not going to work for the seller. The property has been on the market for 6 months, it had a previous offer of £660k and I was…
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Advice on selling house no building regs - Nationwide
Hi, Looking for some advice please. I am currently in the process of selling my house. We are 6 weeks in to the conveyancing process and just had L2 survey done. The previous house owners had chimney breast removed without getting the proper building reg approvals. The work has been properly supported and is up to the…
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Buying into partners house
I have recently rented out my own house and moved in with my partner. She owns the house with a friend. Everyone would like me to buy the friend out. The friend put down a £50k deposit and my partner £0. They have a joint mortgage with NatWest, which is fixed for 4 years and has a large early settlement fee. How…
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DPC not visible
Family member has had a L3 survey on a house they are buying. It is a 1930's built bungalow. The surveyor noted that no DPC could be seen, although said it could be hidden behind mortar. AFAIUI a property of this age will almost certainly have a DPC, or is that not always the case? If so is it common not be able to see one…
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reclaiming SDLT
Hi, I'm new to this so please forgive me if I get a few things wrong. My wife and I are planning on moving up to the North from the London area and want to buy a small place as a foothold before we sell our main home. We are aware that we will need to pay the higher rate of Stamp Duty and that we can claim back the higher…
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Advice needed before exchange - pressure tactics from vendors?
Dear all, I'm a first-time buyer, nearing exchange of contracts on a leasehold property in London and in need of advice. The vendors (who are buy-to-let landlords and also property conveyancers) have been very uncooperative and slow to respond to enquiries. There are three outstanding enquiries that are with them which I…
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Property Allowance Query
Can anyone help me I wonder? I have gross income from BTL of, for example, £10000. Costs/expenses £800. Do I claim the full £1000 Property Allowance against the gross rental income or can I only use the £800? Any answers appreciated!
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Can I afford this apartment?
Hello everyone, I'm new to the forums and looking for some advice as feeling a bit wobbly about a potential move. Would really appreciate a read through and some wise heads and advice! Background First, some background. I'm 34, live alone, and currently live in a 1-bed flat and have been here for approximately 5 years. I…
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Purchasing leasehold with doubling ground rent
Hi all, We are interested in a flat but whilst speaking with the estate agent to put in our offer we were told to speak to a broker to see if a provider would give us a mortgage for it. Turns out the ground rent doubles every ten years and is set at £500 per year, so we would have a problem getting a lender. What potential…
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Non compliant septic tank indeminty for house buyer
Hi all... would value some conveyancing advice Purchasing a repossessed property. Full survey done and offer accepted. Purchase is dependent on a mortgage. Property is in Northern Ireland. Sale is being held up by septic tank compliance. A consent to discharge has been applied for very recently (upon repossession) but we…
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Advice pl re setting of this flat
Can anybody advise how can you seperate the kitchen from the lounge? Do not like the set https://www.rightmove.co.uk/properties/158283278#/?channel=RES_BUY. All in one do not seem there is an option to separate with a settee, the layout nit keen on. Any ideas pl! Thanks
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Sons belongings
Wondering if anyone can help me. I evicted my 26 year old son on the 1st march. His belongings are still here and he refuses to take them. Where do I stand law wise on putting his belongings outside?
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Loft and rear extension
Hello all, We are in the process of purchasing a semi detached property in London. It has loft and rear extension. We checked with the current seller regarding the building control approvals and they don't have any. They are saying that both these extensions were done prior to their purchase and they took indemnity…
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Agents trying to charge me a month extra rent
I gave my 30 day notice on the 4th April. the tenancy has been on a rolling AST (fixed term expired some time ago). I pay rent in advance (which i paid on the 5th), and I have received an email from these estate agents saying I need to pay another months rent for the end of my tenancy.... I pay it in advance so how can…
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Solicitor asking for Asbestos report and 2 Indemnity Policies
Hello, I hope I can find some guidance, you guys always help me out :) I found a place, made an offer, was all good to go.. then 3 outstanding issues for my share of freehold-to-be: It was built between 1850 - 1915 and fully refurbished in 2017 (mansion converted onto 5 flats) 1. There is no Asbestos report - freeholder…
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To buy or not to buy?
Hi, I earn a modest income and am lucky enough to rent a decent sized house in a nice place via a housing association. No quibbles there. I have an inheritance quietly sitting earning me a small amount of extra income. I'm at a point where I figure I need to do something about this money. I retire in about 10yrs, never…
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High Insurance premiums from the freeholder
I bought the flat in which I live with my partner 5 years ago.It's a one-bedroom flat in a converted two-flat house. The freeholder owns and rents the 1st floor flat (HMO). When I bought the flat the lease was extended for 100 years or so Every year, they ask me to split the insurance premiums that they arrange. Although…
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Selling my property to a limited company
Hello all, I currently own a flat in Scotland and due to a substantial drop in prices in the area, I am now in negative equity by about 5k. I live in England with my partner in her house which she owns. We would like to sell it and buy a bigger house down here in England but with the drop in value of my flat, I’m not…
