-
Renting - a mental health and bedroom question
I am applying for housing with the council. At present I live in a one bedroom place. I have a wonderful variety of mental health issues and when I get really down, or I am heading down I need someone to stay with me to help me. This is why I'm moving mainly, to get a two bedroom place to facilitate this. Am I likely to be…
-
Shared Ownership Improvement Valuation
I have sold my shared ownership property SSTC but am now stuck. The valuation gave two figures, one before improvements and one after as I benefit from any value added rather than Orbit (the HA). This is a £15,000 price difference. The problem is that this figure we’ve just been told has to be paid directly to me and is…
-
Restrictive convenant - tree removal
We have just moved into a property which has a large tree in the front garden. We are looking to do an extension in the new year which will require the tree to be removed. In our deeds there is a restrictive covenant which says: “No trees or shrubs now standing or afterwards planted by the Transferor on the land hereby…
-
TR1 name removal from deeds - How long does it take using a solicitor?
I am recently divorced I am still residing in the family home I am unable to complete on my new house purchase until I am removed from family home deeds. We signed TR1 form last week and have given to solicitor. Does anyone know how long it will take for my name to be removed so I am able to proceed with my house purchase?
-
Downsizing for retirement
Hi MS Experts, My discussion title may be misleading but best I could do! I'm M(54) and wife 52. We own a house valued at £700k with mortgage remaining £60k 4.71% interest We also have a rental flat valued at £270k with £162k BTL mortgage remaining 5.42% interest Rental income pre tax £1160. Lastly we have a £43k loan…
-
stamp duty when purchasing house - complex deeming provisions
I have a question that might effect many people when they are acting as executor for the estate of a person who has died. As executor you are a trustee for the estate including any property that was owned. You can for example as executor invest any money during the duration process of winding up the estate so that the…
-
Pink shaded part in land registry what does it mean
Hi We are in the process of buying a property with a view to renovate and extend Came across a link shaded area on the registry and even after having paid for downloading those documents can't understand any conenants any suggestions please?
-
Service charges
Some leaseholders in my block haven't paid their service charges for quite a while and it's amounting to £10,000's. The management company have demanded the other leaseholders pay the difference. I pay all my service charges in full and it's very unfair the prompt payers have to pay for their mess. I told them in March I…
-
First time buyer
I am a first time buyer. My husband bought a property in the 1980s then sold it in the 1990s. He and I have been in rented accommodation ever since. If we buy a property together will we have to pay stamp duty? If I buy the property in my name only but it will be a home for us both will I have to pay stamp duty?
-
potential scam on rent charges
hi all I would like to give some Facts of a potential scam that is going on in my area. I would like you to read it and raise awareness in case similar happen to you. * In 2015, my wife purchased a property in south east England, registered solely in her name. The title includes a restriction known as a "Deed of Rent…
-
Two offers but agent saying not offers!
We have had two offers on our house. Both over asking. One from a party that has a buyer, a chain of 3-4 with the end being a FTB. Our agent is saying it is only an offer in principle until the FTB at the end of the chain has the mortgage confirmed. Is this right? Can we really not accept this offer until the whole chain…
-
Unable to find lodgers, is this a dead period?
Hi, Two weeks ago I published my ad on Spareroom but I've received interest only from unsuitable people (in particular I wrote very clearly "no couples" at the top and at the bottom and guess what "we are a couple searching..."). The price is slightly over the others, but justified given the size, the comforts, the…
-
EPC Rating D?
Hi all! I'm new to the forum. My husband and I are looking to buy our first house and we have (very recently) started searching. Many things we are learning along the way, but something I'm still not quite sure about is the EPC rating. I've had a search online and found that ideally the EPC should be C or higher if we want…
-
Reputable moving companies
DH and I are having to move for medical reasons and its becoming rather urgent as we can barely manage our external stairs plus we need an extra room to dialyse DH. We currently own out flat but over the last 2 tears there has been an influx of horrible neighbours in the street and next door and below me who have turned…
-
Stamp duty refund
I’m hoping someone will be able to help advise on a stamp duty query that I have! I own House A which was my main residence up until May 2024 when I purchased House B which I moved into as my main residence. I paid the higher rate of stamp duty as it was a second home, but I had always intended on selling House A to get a…
-
Is this situation classed as under offer?
Parents are FTB. We viewed a house this week. I asked the EA if there had been any offers. EA said they'd had two viewings last week, both offered full asking price but they are both part cash and part mortgage both need to sell their own houses. Do these offers mean it will be listed as STC and we will have lost out?…
-
Removing my name from joint title deeds
Hi all, I came here originally to see if the solicitor quotes I've recieved are reasonable. I believe them to be highly inflated for something I've read I can do myself! So me and the ex partner split, its amicable. We co-own a property that was fully paid up last, no mortgage! We agreed I would take my name off the deeds…
-
Is it better tax-wise to have all bills included in the rent or bills in the names of the tenants?
Hi all. Hope this is in the right part of the forum. I have a house with 4 bedrooms which I rent out to 4 separate tenants. To date I have been charging a monthly rent that reflects the fact that all the bills are in my name. Last year my income tax bill tripled and I believe this is because HMRC's rules now result in tax…
-
Porting mortgage with recent defaults & significant debt
We are with Skipton Building society. Never missed a payment would like to move to a cheaper property (bought our current for £310k & mortgage is £263,000). We’ve seen a property for £280k but in the past 12 months I have had £60k of defaults from credit cards & loans, added to my credit file. Obviously did not have these…
-
Imminent marriage - house not selling!!! - HELP
Hi there, My fiancé and I own a house each, located in separate sides of the country - Our plan is to sell his and for his to purchase another one nearer to me. We are getting married in may next year - my husband to be is trying to sell his - but in the current climate we are not getting any interest. so we think we will…
