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Off street parking and PTAL 5 zone
I am looking at a new build in London that has access for vehicles and enough space for parking 2-3 cars off street. But I just found out that the site was classed as PTAL 5, which according to Google means that car parking is not possible. This is mentioned in the planning application for the new build. They say that the…
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Property Portfolio into a Limited Company
Hey, I am very new to this but I am learning. (be kind) I have started looking after/getting them all in order paperwork wise after my fathers three houses and one flat. (Rented properties) I briefly saw a video (on Facebook) about putting the property portfolio into a Limited company if it was worth under 2 million and…
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Extra charges after I have completed on a remortgage .
Hi I recently completed (1st Aug) on a new mortgage on my leasehold flat. Two weeks later I am getting e-mails from the solicitor, saying I need to pay £250 for a "notice of charge" to a new ground rent agent. I paid £120 already to the old agent, and am now being asked to fork out an additional £130.00 to cover the…
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Help! Kept in the dark!
We sold our property end of may. In a chain with 3 other people. We’re buying a house with no chain, those buying ours are selling an apartment and at the bottom of chain is FTB. Our purchase and sale is ready to go BUT the sticker is the apartment and bottom of the chain STILL unable to obtain a mortgage due to something…
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Do I need to do anything to let my friend live in my home?
I'm a homeowner (with mortgage, in Scotland) and have a spare room. I have a friend in need of a place to stay, and since we get on pretty well I'm happy for them to move in to the spare room. I have no desire to charge my friend rent so I'm not sure if they'd be classed as a lodger, but they'd contribute towards the…
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Joint tenant ownership and tax
I am a 72 year old single mum considering transferring ownership of half my main residence (no mortgage) to my adult son who lives elsewhere. This is to reduce IHT since I will exceed the IHT allowances. My questions are: can I continue to rent out rooms to lodgers (rentaroom scheme), and not share the income with my son?…
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Missing freehold (maisonettes)
UK 4 bed Victorian house converted into 2 maisonettes in the 70's last change of ownership was 98'. Peppercorn 999 year lease. no ground rent. no landlord/freeholder. The freehold is missing on the land registry....both properties are shown on land registry as leasehold but no entry for the freehold Was looking at the…
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Flambard Williams
My experience with Flambard Williams has been extremely negative. I was advised that my budget could fund multiple profitable buy-to-let properties. In reality, the advice was misleading, the figures provided were inaccurate, and I have lost tens of thousands in deposits while being left with a property that makes a…
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Estate agent viewings
Hi , Your thoughts please, our EA is sending people to view our property that do not have their property on market. Iv been doing the viewings myself and always make buyers welcome . we have been on market for a month now the very first viewers offered £ 20,000 under the asking price . we did not even take it seriously as…
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Conveyancing and access to the public highway
A quick question for anyone with a conveyancing background…. When buying a house that can only be accessed by crossing private land to get to the public highway, is it standard practice that the conveyancer will require that an easement is shown in the original transfer documentation (TP1), or other legal document? As in,…
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BTL QUERY
Unbeknown to me my husband purchased a BTL and we have been living in it for 8 years . Mortgage soley in his name will I be in trouble? I ask as he is now divorcing me and is forcing me to sell our jointly owned property in London to release money and to switch BTL to residential and remortgage (as BTL still has over…
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Mortgage and Credit Cards
Hi I have around £18k credit card debt left which is currently on interest free until this time next year . I need to shift this debt onto other interest free balance transfer cards and keep paying it off . However , I have just been accepted for a mortgage in principle and I am hiding this from my parents who are about to…
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FTB issues
Soooo we had our offer accepted in April this year, we’ve been told numerous times that things are going well and even been given dates that are vendors were expecting to be able to complete. Since then everything’s gone quiet and the latest is that the top of the chain is having to go through probate. we have made lots of…
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Bishopsgate Law for conveyancing - any views
They seem like a fairly standard factory model, but have good reviews in several places, advertise giving regular updates (my biggest bugbear is silence/uncontactability), are keenly priced, and do actually have offices close to where we live, work and not far from where we are buying. So while I'd normally veer towards a…
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Stamp duty refund
Hi, 2 years ago i rented my house out which is soley in my name. (House A) then me and my partner bought a house to live in( House B) I paid £5500 stamp duty on House B. I own house A + B, my partner owns house B Me and my partner have now split up and i'll be signing House B over to her. So I will now own (House A) and…
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Deed of variation on leasehold flat shared area in conveyancing - experiences?
We are in a chain, we are fourth from the bottom. When we accepted the offer (first week in April, needing to hurry to be exchanged ideally by early june for school places) the chain below was pretty progressed as they had been waiting for the people buying ours to find something. We said we would sell regardless as moving…
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How long is your sale taking?
I wonder what has changed in the seven years since I last moved house? I thought that with so much more online it would be quicker. I’ve moved house a lot and the last purchase took 8 weeks from first viewing to completion. My previous sale a year earlier took 10 weeks. I’ve always sold and moved into a rental and never…
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Level 3 survey concerns...
Hi, I'm hoping that someone might be able to give some advice. I'm in the process of buying an Edwardian end of terrace house and this has come back in the level 3 structural survey: Outward lateral deflection/bulge to the leftside gable wall requiring further engineer's inspection. This will require restraint and tying…
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Solicitors returning funds to the lender
Hello, Our solicitors forgot to return the funds to lender after the exchange/ completion halted. When we reminded them by email, 9 days later, they claimed they returned it the day before our reminder. Although the funds only left their account on the day of our email (according to their ledger). Is it possible? We think…
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CGT on overseas property
I have tried to find the correct page on the Gov.uk website regarding paying CGT on selling property abroad, and I thought I'd got the correct page - they show a useful stage by stage calculation ie Sale price minus original price plus deductions for related agents/solicitors costs and improvements made to the property.…
