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Landlord common areas fire responsibilities
I was under the impression that landlords did not have to fit fire alarms to common areas but have received conflicting information so welcome thoughts on this.
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First time buyers solicitors fees
hi, myself and my partner are first time buyers. We were looking for a solicitor for our purchase and were went via co-op to premier property lawyers which is one of their appointed ones for a fixed fee of £1,800. For context we’re buying a flat which has been rented and is now vacant. Obviously we have no chain our side.…
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Sell Property to Investor
Hi, I have a rental property. When tenant moved out I want to sell quickly. To avoid the hassle and expense of advertising etc, I tried to sell to an investor. Contacted a few and accepted what I thought was a reasonable offer. Buyer asked for 4 weeks to entry date / completion. Then delay because he was on holiday.…
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Advice on Quirky Property for First-Time Buyers
Hi MSE Forum, We are first time buyers looking to purchase a quirky property. It is a cottage with attractive period features. But there are aspects we're a bit uncertain about. We had two main questions. (1) There is a notoriously busy road through the village centre (Banwell) which is a bottleneck of traffic on A38. A…
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Level 3 survey has raised several issues, how would you approach renegotiating?
We’re buying a 1970s detached dormer bungalow for around £385k. It’s a probate sale and we expected some updating, but our Level 3 survey has raised a few points that seem more substantial than ordinary age-related maintenance. The main findings are: The electrical installation is very dated and the surveyor thinks…
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Duped by House Sales Direct / We Buy Any House
Hi everyone, I recently decided to sell my house as I have a neighbour who has been harassing me for 6 years and I just can't take any more. Traditional agents valued the house and said I would need to immediately declare the issues and that this would put a lot of people off. I then looked into house buying companies, as…
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How much development potential?
I own and live in the red property. The blue property is privately rented. I would like to buy the yellow portion which is currently completely overgrown with young trees, nettles, brambles, rubbish, and fenced (with a gate) from the rest of their garden. Owner of blue property is not selling, which is fine, but I'm…
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Downsizing plan: buy first, sell a year later, then clear mortgage – any pitfalls?
Hi, we’re looking for a bit of reassurance that our plan sounds sensible, and whether we’ve overlooked anything! As part of our retirement plans, we’re intending to downsize to an apartment in the countryside. Rather than moving there immediately, we’d like to buy the new place first and use it as a part-time holiday home…
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Royal Mail redirect
A couple of months ago I moved from house A to house B and set up a Royal Mail redirect. Due to unforeseen circumstances, I'm now moving again to another house (house C) next month. I'm therefore looking to redirect post from both houses A and B to house C so I don't miss anything. Has anyone else been in a similar…
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Negotiating best purchase price
Initial advertising - £325K New guide price now - £300-£325K Our ideal is to just under £300K or as close to it as possible Thank you
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Claiming for capital improvement expenditure against capital gain (few receipts)
I've owned a property for 32 years which I did a lot of work on over the years. Mainly a renovation in 1994 and further changes in 2014. I do have some receipts/paperwork but not all. Highlighting work done and timing of work done in to an AI system it has come up with a figure of £12,975 (this is a conservative figure and…
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Flat to House
We can sell our flat to an investor and it would of course be less than market value, we can make the value work with our own money added in order to sell and have enough to buy We will be much happier in a house especially as a family of 4 but money will be tighter on a monthly basis because of the mortgage etc. Are we…
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Dilemma: stick with buyer after long delay or remarket?
Selling parent's flat - it was put on the market last May before my parent died as they had moved into a home. Buyer is an older person who was first one the flat was shown to. They loved it, offered asking and parent accepted, then died suddenly about a month later. I then had a very long probate delay, finally getting…
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Adding wife to property ownership
I owned a house before meeting wife. (house is in my name only) We moved out when I bought a 2nd house (again, in my name only) Current situation House 1 - I owned before meeting wife, in my name only, we lived in for 20 years, then moved in to house 2 about 10 years ago, i let out original in my name only. House 2 - I…
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Estate agent contract advice
On our estates agent contract it states the below. If we find our own buyer but don't exchange contracts until left the agent, surely that avoids their fee? The wording is separate but it seems to indicate that any buyer introduced by them is 6 months or two year's, that's fine but for a 100% private buyer surely there's…
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Shared ownership
As it's very expensive in my town I'm wondering if shared ownership is an option. II want to ask if it's a regulated/standard setup? Or do each company offer what they want? I'd like at least 50% share where I can buy more later. Is there any articles to read about this or anyone got any personal experiences?
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Selling House With Both Freehold and Leasehold In Place
Hello all, I'm hoping someone can provide me with a simple solution to the below problem: Unknown to me at the time, my parents bought the freehold for their house in 2010 (I was not aware it was originally leasehold in the first place) and now, as executor of their estate, I am in the late stages of selling it. However…
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Renting and DROs - landlord question!
Hey there landlords and ladies! There was a comment on the debtfree wannabe board about a DRO (debt relief order) invalidating a landlord's insurance. I don't know how this could be possible. Does anyone know? And just out of interest how closely do you look at someone's credit file and what might you see there that would…
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Tenancy deposit not returned, not protected
hi and I hope everyone is well. me and my partner moved in to a house in 2012 and paid £2200 deposit. It was protected under mydeposite scheme. However my partner moved out in 2022 and the landlord gave me a new tenancy agreement with completely different t&C. She did not returned any deposit to my partner then and I was…
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Deed of Consent
Hello all, Jst need a second opinion on this. I am currently living in a friend's house, awaiting to move to a house me and my partner put an offer on already! My current friend / landlord owns the house, and they ar ein the process of getting a new mortgage. Due to this, the lender has asked for me (lodger) to sign a deed…
