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GIFTING MONEY TO HELP WITH DEPOSIT
My daughter and SIL are buying their first house and I am
gifting them £6000 to help with the deposit. Can someone tell me why I have to jump through so many hoops
to gift them this money. I have to provide to their solicitor the following: My last six months payslips The last six months bank statements from the account…
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Websites/Companies Buying Homes for Cash
Hello I'm considering moving house in the next 6-12 months (my current home is a first-time buy so this will be the first time I will be selling and buying a house) so naturally have been doing some research - e.g. market values, average selling times, typical fees etc. A few google results popped up with websites and…
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Survey report points - maintenance jobs?
We arranged a Level 2 survey to be carried out and the report came back very positive; the property is structurally sound and nothing is falling apart or requires urgent, major work. There were a few minor issues and I'm wondering if I would be right in thinking that all the things below are just things we should absorb…
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Indemnity insurance for extension & drive
Drive was fitted in 2016. Block paved with a drain running along the end. Should we have had planning permission?? Or is this just for permeable? When we bought the house in 2013, an extension on kitchen was done in 1974. No building regs, we just have a copy of plans stamped by council. ( Our seller got an indemnity…
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Boundary issue - vendors backtracking - advice please!
I posted a thread a while back, which might be useful: Changing title plan - boundary issue. — MoneySavingExpert Forum But in short, neighbours nabbed a piece of Land 20 years ago about 2 feet in length and quite narrow. Vendors agreed to cede the land and have the land registry updated to reflect this change. Mortgage…
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Leasehold flat
I own a leasehold flat. The freeholder passed away 6months ago. No one has applied for probate.my lease states freeholder is responsible for house insurance which has run out and not been renewed. all communication with daughter has been jgnored what can I do as without probate I cannot sell my flat.
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Require Right to Manage Advice
Hi everyone, Newbie here asking for desperate advice. I am a Leaseholder, one of four flats. We have a service management company, who are charging us exorbitant charges for hardly any decent service. When any work is done, it's poor & the contractors appointed are 'cowboys'. When I complain, I am always 'Gaslight' that…
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Freehold house with leasehold driveway: what could go wrong?
I've recently viewed a house to buy. It's one of a block of 4 new build houses, each with their own freehold, but there is a shared driveway which is leasehold (999 years) and for which the freeholder is a major land/estates owner in the area. I'm aware of the pitfalls of leaseholds in general but what sort of thing can go…
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Student Council Tax Advice
My son has recently completed his degree course - his course finished on 14 June. He lived in a shared house with 3 other full time students. The tenancy agreement ran until 22 August. One of the students was a foreign student and has now returned back to Spain, the other 2 students failed the year and have now got to…
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Lodger's rights to guests
My girlfriend has a lodger agreement with her landlord. My girlfriend's sister will be visiting from Australia soon and her landlord has refused a request for her to temporarily stay in the property (in my girlfriend's room, which she has exclusive rights to under the lodger agreement) as a guest for part of her stay in…
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CGT on selling rental property
I bought a rental property in 1993 with my husband for £78,950. In 2011 It was transferred to me on divorce valued at £215,000 I am now planning to sell it hopefull for about £250,000 How do I work out my CG T liabllity when it comes to paying the tax? Thanks
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Complicated issue in housing association housing
My mother lives in sheltered and my brother stays with her a few nights , his living situation isn't great so suits both parties as my mum is in poor health. My brother is an addict and a 2 years ago he wasn't in a great place and there were incidents of him borrowing money of neighbours. Police were involved and he was…
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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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Completion agreement post exchange (owner damaged property)
Does anyone have any experience of needing to write a completion agreement? I have exchanged but completion is delayed from the agreed date because the owner has damaged the house I am buying to the extent that it is unliveable in. He has also damaged the party wall and the neighbours property. Under UK Property Law I…
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2nd home SDLT surcharge
Hi, I recently purchased a new property (Home 2) before selling my existing one (Home 1) and paid additional stamp duty (2nd home). Home 1 is now rented out on a 1 year lease but is also up for sale. Assuming it sells within 3 years, will I still be able to claim back the 2nd home SDLT even though it won't have been my…
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Conveyancing with solar installation
Hello! We recently moved house, completing on 1st July. Our new house has solar panels and we're complete novices in this space...but learning, and it's largely positive! We've hit a brick all with the transfer of the FIT payments from the previous owner to us, and require a signed letter from our solicitors to send to the…
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Where to look for a cottage to rent?
Unfortunately a cottage I was hoping to rent has fallen through so I am looking for another. Rents seem to have absolutely shot up recently so I'm struggling. I live on Rightmove and Openrent but the kind of place I'm looking for used to be advertised in the local paper or village shop noticeboard. Now neither of these…
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Fire Door Requirement
Hi I've received a letter from the managing agents about having the front door inspected for fire safety. I live in a ground floor flat that has its own dedicated porch and exit outside into a large front area that then leads onto the street. I have no communal areas or stairs at all and am completely self contained. I am…
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Sole seller agreement query
Hi all, i advertised my house to sell via an EA in Jan this year, then took it off the market after a month as i had decided not to sell. When i ready to sell again I found a private buyer through a colleague. The Contract with the EA expired 2 months ago and now im in a position to exchange and complete with my buyer but…
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Stamp Duty While owning a consent to let.
Good Evening! Hopefully will have some views on this, I currently own another properry. We moved out of it 2 years ago and it’s been a rental property in the mean time and we’ve been renting while we tried to find somewhere else to buy. We relocated from one side of England to the other. We’ve now had an offer accepted on…
