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Hi im new(ish!) Need help!!
Hi, im new to posting but have been sneakily reading posts for a while now and am properly hooked! :) Im sorry if im writing this in the wrong bit but i need some advice! I came home from work today to find someone had been in my flat! (As far as i can work out, the estate agents that "manage" our flat had let in someone…
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Dilema! What would you do?
Hi, I own a shop in the midlands, and it is situated on the main high street of the town. It is not in the best condition, but only needs a bit of cosmetic up-dating. I have just secured planning consent to turn it into a take-away with a self contained flat above. The property was an investment, and has been empty and on…
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Right to buy advice
Just wondering, can my aunt is struggling getting a mortgage for her right to buy low income, can she get a joint mortgage with my hubby? he wont be on the right to buy app as he isnt a tenant, but she is going to alter her will so that if anything happened the house would pass to us as she doesnt have any children and we…
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Dilema! What would you do?
Hi, I own a shop in the midlands, and it is situated on the main high street of the town. It is not in the best condition, but only needs a bit of cosmetic up-dating. I have just secured planning consent to turn it into a take-away with a self contained flat above. The property was an investment, and has been empty and on…
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renting to council
1/2 thinking of letting my pad to the council,i hear its gauruntede rent but might be bit lower than if i rented it out privately..has anyone done this,the type of people in the might wrek it but i spose its up to the council to put it rite..
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Guarantor Mortgage?
Hi everyone, Just looking for some advice or pointers....... My friend and I bought a two bedroom flat 4 years ago for £157k. I provided the deposit of £18k and we used our combined salaries to raise the necessary mortgage. The repayments, purchasing costs and all other bills are split jointly between us (but my initial…
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How do you contact the vendor (repossession)to make sure offer is actually forwarded?
I made an offer on a repossessed house - low but guaranteed on a house requiring 40-45 k (estimated) work needing done including finishing cellar renovations that had been left halfway. A sale that had been well overpriced fell through as the mortgage company would not lend to what had been offered once the survey had been…
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what is the rent process
hi me and my bro are going to look at a 2 bed house on thurs and are wanting to know about the process basically. it is owned by someone we know but have to go through the letting agency she is dealing with. my bro has a great credit rating etc but i dont! are parents have said they would be guarentors which is good and we…
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Short term rental of house - Have to pay tax?
Since I live in Newport, I'm considering renting my house out for a few weeks during the Ryder Cup. A nice little earner it is. How would the Inland Revenue feel about this? Would it count as income that I'd have to pay tax on?
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Hidden charges or liabilities against a property
Looking at buying a repo but having seen the HIP am a little confused/concerned and would like to establish the facts before making an offer and instructing solicitors etc. According to the latest entry in Proprietorship Register the registered owner’s address is different to that of the property. The date of that entry is…
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Renting out your Property
I'm think of renting out my property for a short term of some two weeks. Although I have no mortgage, but the property is leasehold. The insurance would be adjusted to cover paying guests and a public liability applied. Is this a problem in short term renting.
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Rest of Rent due after tenancy termination
Hi all, I've terminated my tenancy agreement by mutual consent, check-out done , deductions have been agreed and received notice from the deposit protection scheme that the deposit is in my account. The problem is that I vacated the property before completing the whole month which the monthly rent was taken from my account…
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tenant now nearly 8 weeks in arrears
ok guys, hubby rented out a house to a couple who signed a ast agreement for 6 months, which ends 31st Oct 08. The tenant paid the rent for may, jun, july and aug but did not pay sept. After numerous promises to pay and endless excuses why they couldnt (by letter and text) we chased for the rent and still no joy. When the…
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new build developer security
We are looking at a new build property (3 bed town house) currently being built on a small development in a decent area of south east london. It is being developed by Bryant who are owned by Wimpy Taylor. Given the press in the last couple of days about the state of Wimpy Taylor's solvency, we are curious to know what…
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Renewing our tenancy but not sure what this means...
We have three options. The first is to renew for another six months. The third is NOT to renew and to leave. The second is this: "We confirm we wish to renew as stated in Section 1 with a month tenant break clause. We understand and accept the charge of £117.50 (for a 6 months fixed term) and authorise you to collect…
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Solicitors Fees
Evening All, We are currently in the process of buying a property. There is no stamp duty on it but in our solicitors fees there is an SDLT administration fee of £50.00 and a SDLT online submission fee of £7.05. Does anyone know if these fees should be charged as there is no stamp duty? Thanks in advance for any advice.…
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decision add the conservatory or not ?
We put the house on the market in Feb and got asking price within 48hrs lovely but then the credit crunch started being mentioned in the media and in the end lost the buyer. Have had a few viewing since with one person who wants the property but cant sell their own. Question do we add the conservatory to give us extra…
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council house
hi all, Basically my other half's mum got a 3 bedroom council house 5 months ago>Due to unforseen circumstances me and OH and baby had to move into the house, which 2months ago mother in law moved in with her boyfriend. At the time we moved in we told the council of this and they know we live there but what happens now, we…
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Sell house to pay off debts?
Hi, We have a house with about £40k equity in it, and are thinking about selling to release equity and pay off a lot of debt. We are planning on keeping a large chunk back to buy again later, and hopefully house prices will drop again so that when we do buy we will have a nice deposit. This would allow us to save so much…
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Advice about getting out of lease early
We are in the middle of a 12-month lease on our flat (ends mid-June next year), and are becoming increasingly dissatisfied with the place. It's kind of a trade off that they are not very prompt about fixing this, in that the landlord doesn't generally seem to care if we make some changes (like adding shelves in the…