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Proof Of Deposit
Apologies if this is something obvious, however this is my first time selling a house, so please bear with me. I am in the process of selling my first house and buying another house. I have accepted an offer on my house and the ball is rolling with that sale. I have a solicitor and have just completed the initial forms…
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Selling/renting my property
Hello i currently have a flat with mortgage but will be buying a property with my boyfriend. If I sell it for £25k more than I bought it how much capital gains tax will I pay? Also if I don’t sell my flat but rent it how does this affect my income?
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Not sure whether to continue
We put an offer on a house on 13th Feb. We are cash buyers. When we made the offer we were told the vendor had put an offer on a property, and that the seller of said property "had somewhere to go" so we could aim for a quick completion. Our conveyancing solicitior has steamed ahead and been brilliant, we are in a position…
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Stamp duty refund?
Timeline May 1998 – xdh and I bought house in joint names July 2019 – xdh threw me out of the house May 2020 – divorce finalised October 2022 – I bought a house for me to live in (in my name only) May 2023 – xdh had marital home repossessed as he “forgot” to pay the mortgage (could afford to buy his fiancée an expensive…
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We have a cash buyer for our property. Should we sell and rent until we can buy?
We have been on the market for nearly a year but now have a buyer who wishes to proceed quickly. The rental market looks very expensive but if we sell and rent short term what sort of return could we possibly expect on approximately £500k? This is a dilemma so any advice would be appreciated. Thank You
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Section 20 request out of the blue
I just wanted to say a big thank you to this forum. I used previous comments and responses from a number of people to aid me in my dilemma and most importantly, someone advised having a phonecall with the Leasehold Advisory Service about Section 20's and how to challenge them. Foloowing their advice I was able to…
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Redeemed a mortgage without Solicitor
In the process of redeeming the mortgage. The bank gave me the option of using a solicitor or not. I want to do it myself. The bank has sent me 3 things now. DS1, TR1 and a power of attorney. The forms are all filled out and signed by the banks solicitors. I know I need to sign panel 12 (on tr1) Once this is done, I intend…
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Electric Charge Point - Flat - Allocated Parking outside
Hi, I have an allocated parking space outside my block of flats (6 in total, over 3 floors, 2 on each floor), which is leasehold. I have enquired about the possibility of an electric charge point being installed at the end of my parking space (which I own on the deeds), to which I have been told I do not have the right to…
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Clearing mortgage
My husband and I are in the lucky position that we are able to clear our mortgage within the next couple of months. It has 29 years left to run and we are on a fixed term rate until May 2026. What do we need to do? We are with Halifax so I am assuming we need to contact them to get a settlement figure, but what happens…
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Buying a Repossessed Property - Estate Agent marketing after offer
A young relative of mine has made an offer on a flat. They made an initial offer and then I think they were bluffed into bidding a higher price under "We've had other offers" so he panicked and put in a full and final offer, essentially a sealed bid process. The offer was accepted. The legals are taking a long time, in…
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Shared Access Side Gate
I have just moved into a new property which has a communal garden. At the side of the property is a side gate with a lock on it. when I moved in a few weeks ago the gate has been open as everyone including the public keep walking through my garden to access the main road. The other issue is that the path walks across my…
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Selling and buying
Hi, looking for some advice. I am about to put my home on the market with a view to buying another. The plan is to buy another home within the offer I am hoping to get on mine. Minus 5-6k to cover the various fees etc. so as an example. If I get 180k I would look to buy another for max 174k - that way the difference will…
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Asking price and changing agent?
My leasehold property has 85 years lease remaining and it has been on the market for 6 months. It is now with my second agent with no shop front, their suggested asking price was the same as my last agent, I have asked the listing price to be reduced by 7% and had 8 viewings, only the last viewer had commented on the lease…
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Stamp duty advice when owning 2 properties
I wondered if someone can help me. My partner and I both own separate flats and are hoping to buy a family home together. I am currently pregnant and live in his property, my flat is empty and has been on the market since February & unfortunately hasn’t sold. I’m thinking about putting it on a consent to lease until the…
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House sale, care fees and personal loan repayments
Admins, Please move this thread if in the wrong section. Thank you ———————— I’m getting myself into total confusion, not helped by my own very poor health and other worries, so help here is gratefully received. My very elderly mother has gone into care. While she was at home, I lent her £10,000 towards home care costs. I…
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council tenant advice
hi all im new to this just need a bit of advice, I am living in a council house with teo kids im thinking of buying this property, the house has a level access shower can i still buy ? some are saying if it had a bath then you can buy, i have been thinking about requesting council for permission to fit a bath with my own…
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Removal of charge on property due to lenders death(Scotland)
I have a property in Scotland that has a charge on it. It was a loan from a previous business partner which we resolved. However he died and and the charge is still on the property. How do I get this removed?
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Postal address after Eviction
Hi, Does anyone know whether if a person has been evicted by the courts they can still claim that address as their postal address? I live in a block of flats where one of the flats has been the subject of divorce procedings. One party left and the other refused to settle and so eventually the courts got involved and…
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Buying for parents while they sell
Hi. My parents want to move to a bungalow and after months of looking have found one suitable. The vendors won't wait for them to sell though so I'd like to take out a second mortgage (which I have confirmed I can do) but the bungalow then sells it to my parents when they sell their house. The values are very similar so…
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Feedback from potential buyers.
I had 6 viewings on my house last week. We had one positive and the person needs to sell their house then they would be interested in making an offer. The other 5 viewings are buyers already on our estate looking to upsize. The feedback from them was largely negative. Our house is one of three 4 beds on the same estate.…
