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Selling an inherited property - gone a bit quiet.
Mum passed away in July and left her 1970s 2-bed detached bungalow (no mortgage, freehold, attached garage and conservatory) to us two siblings. We had three estate agents value it for probate purposes at 325k, each saying they’d probably market it around 345k. It went on the market around mid-September at 345k. We had…
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Selling Flat - Estate Company refusing DoV
Hi All, I'm selling my flat and so is another property in the complex, they sold prior to me however they've been having issues for the last 9 months where mortgage lenders require a DoV because the estate charge has hit the threshold of £250 and therefore close to the AST Trap and without this DoV to pinecorn the charge…
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"We can't sell our house 'cos of the next door neighbours"
What would you do? :smile: https://www.manchestereveningnews.co.uk/news/uk-news/we-cant-sell-homes-because-32832934
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Re-Selling a McCarthy Stone property
I read a previous post about the difficulties of selling an unwanted apartment. It seemed to be said that the price one might obtain is much less than the purchase price. If this is true, it must make it a good deal for anyone wanting to buy one surely. What I dont understand is how or who advertises the property, do MS…
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Transfer of ownership of a property as a gift to my sister
Hello. Can anyone help me. I am thinking of transferring my property to my sister as an investment for her children's future. I will continue to live there. The property is my main residence. No money will change hands. Therefore, where do i stand when it comes to tax implications? Especially capital gains tax and…
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Tenants in common as a married couple issue and possible implications
My wife and I were Joint Tenants on our property until several years ago a solicitor convinced us we needed a Life Interest Fund and to change the ownership to Tenants in common. After investigation it would appear the Life Interest Fund is of little use other than lining the pockets of the solicitor so we are thinking…
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How to deal with an incompetent estate agent?
I've had a year long process so far, selling with an incompetent estate agent. The 1st agent lied to me for months that my chain was half as long as it actually was, He was sacked, then a 2nd agent left the job after 2 months and now I'm dealing with a 3rd agent. There seems to be constant communcation issues between the…
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Recommendations for Unoccupied House Policy.
Sil has Probate on a late friends estate, which includes a wee hoosie. The estranged family are threatening a challenge to this (little chance of success), and have taken on themselves to look after the property - we are currently examining whether they are doing this correctly. Anyone got experience of such a policy?…
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Best place to compare estate agents?
I’m looking to sell this year and a lot of estate agents in my area always seem to talk about high prices. But I’m interested to know what they actually achieve. I think the tactics of some are to advertise higher prices to tempt you to sell with them but what they actually get is much lower. I’ve seen getagent advertised…
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Can I get a residential mortgage while my other property is on consent to let?
Need advice: Getting residential mortgage while keeping existing property on consent-to-let Currently have a property with Halifax on consent-to-let (renews annually, no issues so far - expires April, will be 3rd renewal). Still mid 5-year fix. Want to buy a new place to live in with a residential mortgage. Worried lenders…
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How to delay the removal of a charging order until the end of the proceedings
I got a default judgment and an
interim charging order on the property of the Defendant. if the defendant makes
an application to set aside the default judgment which is granted and the claim
re-start again, I would like to know how to delay the removal of the interim
charging order until the claim is finally decided. For…
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Adding spouse to property deeds
I'm intending adding my spouse to the deeds for our property so that we can both make use of the IHT allowance. This is our only residence it's currently in just my name and there is no mortgage. Is this something we can do with the Land Registry (we are fairly good with completing forms), or should we instruct a…
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Stamp Duty (or not)
My situation House values A B C D A, £250 rented out as BTL/mortgage (never lived there) owned for 10 yrs B £250 " " with residential mortgage (have never lived there) owned for 10 yrs C £320 lived there 10 yrs - residential mortgage D £580 - moving there with residential mortgage and the sale proceeds of C and B (tenants…
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Service charges? I don’t ask for them but should I?
I am the freeholder of a building made up of four flats. I own two. The other two are leasehold.there is no ground rent. I don’t ask for service charges because we split the building insurance in four (i pay half and they pay a quarter each, as i own two flats). Any Maintanence that involves all flats we just split a…
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First time buyer status & property inheritance
Keeping this brief, Parent has passed away. Property, owned outright, has been left in the will to 4 children with the provision that the parents partner can remain in the property for as long as they wish. 3 of the 4 children currently have ftb status. 2 of those are actively house searching and have deposits in LISA'S At…
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Income verification for Self Employed
Hi there, I’m trying to rent a house and am self employed. My last years company accounts (directors salary and divs) are about 26 x rent, and I know I need 30 x rent, to prove income. Do you think they’ll accept an accountants reference instead? I also haven’t put in my Self Assessment tax return yet as it’s not due until…
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Address not listed
We are currently buying a house. The address isn't listed on any comparison sites or postcode finder. It's currently an Airbnb so not paying council tax. Could this be the reason?
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Neighbour has a rat infestation and wants to alter my drain
I live in a mid-terrace home and the neighbour has had a rat infestation over the past year. They’ve approached me 3x now to say that it started after I renovated the inside of my house (no extensions, no disruption to plumbing or drainage). I have no signs of a rat infestation, nor does my other neighbour (end of the…
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Buying a flat with several Section 20 notices
Dear all, I have had an offer accepted on a leasehold flat, and found out a few weeks ago that several Section 20 works have been announced on the building. Sellers have offered a discount just over the "estimated" costs of two of the S20s, with a third one due later in 2026 saying I should take care of that. So far so…
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Mortgage free move to cheaper property. Process?
Hi, thinking of moving but it has been over 30 years since we have done this and back then, we had a mortgage. This time, we are lucky to be mortgage free and have been for some time. Current property worth approx £250K and looking at similar type of property further North in the UK which would be around £220K. In my…
