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Anyone have experience with Vida Homeloans?
Hi - i am currently in the process of waiting for a final mortgage offer from Vida whom I have had to use due to past adverse credit issues. I have submitted 3 months pay slips and bank statements to them and they are querying why I received a payment of £390 from DWP UC in December. I am not currently claiming benefits…
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Buying a commercial property
Hi all, wasn't 100% sure which forum to ask this on I am looking to buy a commercial property, its an terraced house which was converted into 4 offices about 15 years ago. Anyway, I need office space and the other offices which can be rented out will just be extra income. However, I thought I should buy it from my property…
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Landlord is having my flat repossessed, how long does this process take?
Hi all, I don't really know where to start, I have a huge huge amount of questions about the whole process but I should start with finding out a few specifics. I've just found out my landlady has a court appearance on March 26th, informed by letter from a solicitors. Reading between the lines it's 99.99% certain this is…
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Gifted loan deposit causing stress
Hello all, I am a FTB who does not have enough money to complete because my mortgage was offered with a retention - I'm about 4 months of savings short and my parents have generously offered to bridge that gap so I can complete. They are fine with calling it a gift, although on a trust basis they'd like the money back when…
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Deposit on house purchase
Hi there. On a house purchase in England, I would like to proceed as follows: * Deposit 10% of the house price. This is the deposit required on contract exchange. * On completion, my idea was to then have 60% of the remaining 90% paid by other savings and 40% of that 90% paid via mortgage. I have a question. Who decides…
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Seller not exchanging contracts - baffled as to why
EDIT: We have an answer - the seller has a non-high street lender who is taking ages to provide the discharge documentation. Unclear why they couldn't have told us this three weeks ago and saved us a huge amount of stress?! Tl;dr: We, the buyers, have had everything lined up to exchange contracts for three weeks in order…
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Conveyancing before SDLT deadline
How realistic would it be to get a property transaction over the line now before the SDLT deadline? For more information the offer would be on a cash basis, no lending. I have a conveyancer who can do it on the buying side and has quoted an extra fee to get it done beforehand. The difficulty would be in the buyer getting a…
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Comments about Flatfair as Landlord
As a Landlord, I agreed with my tenants for them to use Flatfair. As a landlord from last 20 years it was first time i agreed with my tenants to use flatfair. I think this was first and last time . Flatfair has got a misleading message , has not paid the claim does not look like they will , reduced the claim to half not…
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Easthampstead Bracknell
Hello everyone, Looking to buy a property in the above area and wanted to find out from people’s experiences how good of an area it is and if it’s family friendly. Thank you in advance ☺️
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Renting - ex paying rent for me??
Hi all can anyone offer me advice please, I’m recently divorced and want to rent a house that my ex husband has agreed to pay the rent on (we still get along well and have 3 children together), I wouldn’t be able to afford a house just on my wage but he is willing to sign as my guarantor. I’m now finding out no one will…
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Gifted Deposit
Myself and my wife are just in the process of buying a new house using funds we have in Isa’s and savings to purchase without a mortgage. We want to some time in the future to get a mortgage to raise some money out of the property but due to my age this can only be done if my wife initially is the only person on the title…
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First time buyers pushing for early completion
Our house buyers are
first time buyers, they want to take advantage of the property tax discount
which expires on 1 April. We accepted this condition when agreed the sale, and
were planning to complete no later than 31 March. Due to the cold winter and illnesses we did not
manage to find a suitable house to move into, so…
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Rent out my house or sell it?
Hi all, I have moved in with my partner and can't decide whether to rent or sell my house (it's currently empty). If renting I would do this through an estate agent and pay a management fee. My current situation if it helps: Age: 50 Value: c. £250K (remaining mortgage £39K and paid off in c. 2.5 yrs) Rent: I would get…
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Moving from your sold house into a rental property
We are completing the sale of our house in 4-5 weeks and because we have not found a suitable property to buy, we are having to move into a rental one and keep looking. How do we secure a rental house? Do we need to exchange contracts first? Will the agents even show us a property if we have not exchanged yet? It all seems…
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Indemnity insurance for lack of building regulations
Hi all, I'm new to this forum but would appreciate any advice on whether it's worth getting an indemnity insurance for lack of building regulations: we are in the process of buying a house which has a pretty large side and rear single-storey extension - it was erected in 2004, whereas our seller bought this house in 2007,…
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Buying mums house and her staying with us
Hello, looking for some thoughts / opinions on our situation. Will try to keep to the facts. Dad died 31/10 last year. Very unexpected, aged 68. Left everything to mum including house (valued at £400k no mortgage), healthy trust fund pension which is hers tax free and a couple of ISAs and the money in the joint accounts.…
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Transfer of freehold & notice of assignment when selling my flat
I am in the process of selling my flat which is part of a shared freehold we purchased when we first bought the flats. It is one of three flats in a combined building. We set up a limited company for the distribution of shares and these were allocated 30%, 30%, 40%. AIso we all pay a monthly maintenance into a company…
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Land Registry being expedited
We’re in the process of buying a property and have had an offer accepted since the beginning of September. Our sellers are also purchasing a property and had an offer accepted at the beginning of September so there’s two of us in a chain. We’ve been ready to exchange and complete since December but in January we found out…
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Help - Unvented hot water cylinder
Hi all, I was hoping for some help. I am currently buying a property which has an unvented hot water cylinder. The sellers have no information regarding the installation or service history of it. It has been replaced from the original as the original building all the flats had OSO and this is now Gledhill. (the flat is in…
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Never moving house again!
Got to be fair its been 25 years since I last moved and I'm staying here until I die. The entire house sale/purchase is a nightmare. I don't know who's worse other people or the solicitors. I don't understand why you'd take 3 weeks to send a form back to your solicitor when you're buying or selling a house? I did every…
