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Is it too late to renegotiate the purchase price?
We had made an offer on a house in Feb and it was accepted. A few things have dragged since then, but generally things seem to be going smoothly (touch wood). I received the property info form last week and a few things jumped out. Firstly, the property was advertised as Council tax Band A - it's actually Band B. I should…
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Removing name from title deed - any tax/CGT implication?
Hi There, Somewhat complicated situation so we're weighing in options. Background: My partner an I are in the process of buying a house. I say partner as we only had a religious wedding ceremony and never bothered to officially register the marriage or civil partnership. My partner's name is on a property deed alongside…
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Inherited Property
Hi Please can somebody help as I am finding the Land registry site confusing. me and my sibling have inherited a property 50/50. We have agreed that I buy her 50 out, no mortgage, no surveys, all very amicable. do I need AS 1 to transfer the property to us both or do I go straight to TR 1 or do I need to do both
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Gas/Electrical safety certificate buying/selling home buyer report
Hello again. Wondering if you could help me again. I know the legal requirement around gas and electrical checks when renting but with selling I know it's different. My house is for sale and the home buyer report has flagged up that electrical and gas installations should be checked my an 'independent' person. The buyer…
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EPC Certificate without visiting the property.
Does anyone know if there is 'any' situation in which an EPC can be carried out without visiting the property. For example, a pre and post EPC related to energy conservation works.
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Joint Tenants or Tenants in commin
Hi guys, newbie here but long time viewer. About to purchase new property and need to decide between Joint Tenants or in-common - solicitors letter briefly gave info re could be beneficial to protect half of house from future potential care home fees but I was wondering about how it effects IHT? Brief background, house…
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Proof of funds for estate agent.
Hi all, Have tried searching to no avail and asked in my first time buyer thread but easily missed in there and not had a response...so... As well as my mortgage in principle, the agent has asked for evidence of my deposit. Because I'm using a LISA this is a slightly complicated picture in that most of it is in my LISA and…
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Selling a buy to let
Carpet in the house is not in the best condition after tenants moved out. I now want to sell the house is it worth putting new carpet down? Or will the buyers have there own taste and just rip it out Thanks
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Home insurance with lodgers
I have two lodgers and just renewed my home insurance with MBNA. Previously I was with Post Office for a number of years. Firstly I didn't have the option for Emergency Home Cover with MBNA due to having lodgers. That was odd because I've always had it previously with other insurers. And then when I phoned MBNA to ask a…
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Viewers/potential buyers
Our home has just gone live online and we have a viewing in a couple of days. The agent recommended we accept the viewing request even though the viewers haven't yet got their house on the market. I know they are potentially just being nosey or maybe not. I don't know how I feel about preparing the house for potential time…
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Capital Gains Tax for married couple.
Hello My wife bought her flat in 2002, I went on the deeds in 2020, we sold it in 2024. When filling in my CGT form, it asks if I bought it, inherited it, got it as a gift, or other, do you know which I select? And for my calculation, do I do the same as my wife and subtract the price she bought it for, though that was…
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TR1 advice
Hi I am in urgent need of advice regarding the wording on a TR1 and would be grateful for any help! My ex husband remained in our jointly owned property (we have been separated a few years) as until now he was unable to get a mortgage on his own. He has now been given a mortgage offer and is taking me off the property. The…
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Property buying companies
Hi. I am trying to sell a house quickly (for various reasons I wont dwell on here) and am considering a property buying company. I know they pay less than market rate but am willing to take the hit. The property is unmortgageable through normal lenders and is considered derelict as it needs major renovation (stripping it…
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LISA interest over and above deposit amount
I've tried to find out the answer to this question, but can't find anything so wondering if anyone has any experience of this please. I have a gov LISA account in which I have been saving our house deposit as FTB. We have accrued a few hundred pounds in interest now, and I am just wondering what happens with that interest…
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Selling a property via auction
Looking for advice on selling a property via auction. For various reasons i'm looking for a quick, hassle free sale, and appreciate this may be reflected in the price I would achieve. What criteria would the property need to fit in order to be suitable for auction, and what does the process look like? Any thoughts…
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Buy a Flat with section 20 started 2020, completed 2023, bill not issued.
Hello Everyone, I am at the final stage to buy a flat, ex council flats, however, there is something that doesn’t make me feel comfortable to go head. In 2020 there was a section 20, works completed in 2022 and the estimate amount to pay is £22.500 each, there are 8 flats, the bills haven’t been issued yet, and that’s…
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Extension next door and border question.
Just wondering I have a pipe on wall attached to neighbours. Was there 18 years ago when moved in. Was actually going to remove myself cause wanted somewhere else anyway. However neighbour has now demanded in be removed and given 7 days formal notice to remove (from an email) or else he will get someone to come and remove.…
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Is it normal that a tenanted property is sold with Limited Title Guarantee?
I am selling my LH flat that I lived in for a few months when I first bought it 11 years ago, and has been rented out since. My solicitor says I should sell with limited guarantee, mainly because of this point, which applies to full title guarantee: "The property is free from known
encumbrances since the last disposition…
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Help - house purchase and understanding old deeds. Probate and trusts.
Hi, Looking for some help understanding our potential house purchase and some wording in the deeds. We have queried with our solicitors but wondered if anyone here could decipher it please? The Purchasers shall hold the said property Upon Trust to sell the sane with power to postpone the sale thereof and shall hold the net…
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Mid-40s, newly separated. First time buyer advice.
Hi there. I have found myself in the rather sad position that I have separated from my partner and our son and I am having to find somewhere else to live. My current property was mortgage free (it was inherited by my partner), so I have a fairly substantial amount of savings (about £160k) that was saved up whilst I was…
