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Change estate agents?
We’ve been on the market nearly 5 weeks and only had 2 viewings. Whilst it is listed on Zoopla and Rightmove I’m not sure the EA is actively promoting our property like some other agents have that we have seen locally. My husband wants to move to another estate agent but there is a £300 fee for coming out of contract…
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Value of flats
Does anyone know how price of leasehold flats has risen for the last 15 years. Bought my 2 beds leasehold flat (has a garage) in 2009 for 120k so how much the price should have risen by now as the rent has almost doubled since that time? So the rent has doubled but the value of the flats isn't much really?
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Sellers agent increased price on MOS
The MOS finally came through after 2 weeks of waiting, from the vendors agent. They've added £500 to the offer price? Even my email specifically states the offer, and they replied to that saying they confirm it's been accepted and added £500 to it. What do I do? I don't want to risk losing the purchase over £500 but at the…
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Buying out a sibling on an inherited property
Can anyone give some guidance. I, together with my brother recently inherited a small property following the death of our mother. Only a small flat with a market value of about £230000. Because of time and effort spent with my mum by myself and my wife my brother is quite happy to recognise this and receive slightly less…
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Divorce and renting
We rent a tiny flat, I hate it we have awful noisy neighbors too. My husband and I want to split we have a daughter. He gets uni credit as he is unable to work due to ill health this goes on our rent only which is a lot as just outside London. I work full time and do not earn much all my money goes on car, bills, food etc.…
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66 years remaining
I intend to put my leasehold flat into auction at some point in the future. Currently there is 66 years remaining on the lease. I have mortgage deal that should I pay it off now, has a penalty clause of around 7k. So I'm trying to work out if a 63 -64 year lease will devalue by more than 7k over a two to three year period.…
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What to do with money from house sale short term
Hi everyone. First and foremost thank you to anyone that responds to this with advice constructive or not. It's much appreciated. Myself and my partner out selling our property and we are going to move in with family for a short time once the property is sold (maybe 2-3 months) so that we can take our time finding the…
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local housing allowance
Hi all. me again with another query! have been trying to use a benefit calculator to check what we may get after migrating to UC. was told by entitled to website that local housing allowance does not apply as we have been renting since 2007, however we did move during that time to present address in2017 and still claiming,…
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Requested - opinions on my finances plus advice on impending £5000 inheritance
Hi!! I would like to get opinions on my finances in general plus approach for a £5000 impending inheritance (dates tbc depending on probate process). I've been trying to work pretty hard on my budget and happy with savings progress so far. Goal is to try and purchase property from family member around Autumn this year but…
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Dps Adjudication Process
Hi I was wondering if someone can advise. Tenants refused to leave and there was a bailiff process in November and that were evicted. Prior to this once the fixed term AST ended a Section 13 rent increase notice was given which they refused to pay but did not take it to tribunal. So when they left there was 800 rent…
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Constant sewage flooding - building uninhabitable?
Hello, We have a serious, recurring situation within our building. The basement of our 5-year old building floods with sewage water and waste, including human waste, several times a year. This causes us great distress as you can imagine, not to mention the following impacts: * The huge health hazard of walking through…
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Seller is trying to make us pay for damages before exchange
So me and my partner are FTB-s and are very nearly ready for exchange. When we went to view the property before we put an offer in we noticed that a windo in the main bedroom on the first floor has broken hinges so is unuseable and we queried this with the seller who advised he would have this fixed for us. We then went to…
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Land registry charges
Hello I've recently inherited a property along with my sister from our late mother. I am currently in the process of buying my sisters share as I want to remain in the property that has been my home since childhood. My parents bought the house in 1984 under the Right to scheme and the mortgage was redeemed in 2010 and we…
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Purchasing a freehold flat in London
Hello, I'm buying a freehold flat in London and I was hoping to find advice about how to proceed with the purchase. It's a downstairs flat in a victorian conversion and property includes the full freehold of the building including garden, side access, front garden and the upstairs flat who is on a leasehold. From doing our…
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Exchange and completion confusion
Apologies I am using this forum a lot lately and appreciate all the advice. I'm just a bit confused about exchange and completion as although I've bought 4 properties before I've always managed to avoid a chain. Now I have a property I'd need to sell. I was looking at a new build but they want exchange in 6 weeks. Does…
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RTM - lease transfer to new owner
Hi, I am part of a right to manage company (5
flats, all with share of freehold). One of the owners is selling up. We have
already filled out the LPE1 form, but I have a question around what needs to be
lodged with Land Registry. The seller of the flat will cover the legal costs,
but I am struggling to get my head around…
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Homebuyer or Building Survey (or neither)?
I'm at the survey/valuation stage for a property I'm buying that was last sold in 2021 for £115K. It's now £327,500 after a full refurb by a property developer, but there are visually still incomplete elements like a missing ridge tile, incomplete guttering, missing kitchen island back panel, no threshold strips between…
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Best way to pay for a house?
Hello, I have seen a property for sale that I would really like to buy. I have spoken to the owners and they will not be moving into their new build for another 5 months, so I time on my side, but... My current house is freehold and worth more than the one I am looking to buy. My plan is to sell mine and use the funds to…
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Is my builder liable?
We have been in our new build house, built by a small developer/builder for 5 years now and we have had the render fall of the entire side of our house, compromising the waterproof envelope of the house. It has also previously done so on 3 of the other properties on the development which the builder has helped the owners…
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Capital Gains Tax for a newbie!
Newbie here! just wondering if anyone can help/advise please... Back in 2012 my parent took (which now seems to be bad advice) to add myself to the house deeds as the best way to stop there home being used if they needed care. I bought my own home in 2013 and obviously moved out of my patents home. My parents and myself…
