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Lease Extension and Solicitors Responsibilities
My solicitor recently extended my leasehold prior to me marketing and selling my flat. The same solicitors practice are also now acting on the sale of the property. It has transpired that the original title of my flat does not delineate between the 2 flats (A and B) making it difficult to interpret the respective covenants…
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Middle name missing - Statement of truth.
We are selling our house and almost at exchange point. My husbands middle name is not on the Title at the Land Registry. However it is also not on his passport so therefore matches that ID. The buyers want us to update the LR with his full name. Our solicitors want to charge us an extra £125 + VAT to do this. I've said no…
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SDLT forms to HMRC for gifting house
Hi all, We are considering helping our son with a gift of our residential home. I understand that stamp duty is exempt as there is no consideration for the gift of the home. However do we still need to notify HMRC via SDLT forms? I have searched online for answers but can't find the specific answer. Hoping someone here can…
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RTB Valuation – Tenant Improvements & Whether to Query or Go to District Valuer
Hi all, I’m helping my mum with the Right to Buy process for her housing association home, and we’re trying to make sense of a few things in the offer. The HA’s valuation says they’ve excluded a list of improvements my mum’s made over the years—like fitting her own bathroom, installing patio doors and much more—but they…
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New homeowner but not moving in straight away.
First time buyer and finally secured new home, however it needs a lot of refurbsihment before I physically move in so am still living in parents home (and never lived anywhere else) which could be for 3-6 months at least. So far done home insurance and in process of switching energy suppliers under my name. i know there is…
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Full & Final
Hi There My 3rd query in a week sorry. I'll keep it short. Property i want to buy been on for a while lots of viewing no offers. (EA told me this while viewing) I offered below asking (not much) 3 weeks ago, was rejected buyer wanted closer to asking, it would be an extra 2k Went back this week with same offer as original…
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Purchase of council property
My search pack has come back and has identified some areas that need attention. Should I be concerned about these things and pay for what needs to be done? We have identified a risk of ground stability hazards at the property. So a survey is recommended for the site We have identified the property to be within an area that…
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To early to drop price?
Hi all, I'd really appreciate some advice. Our house has been on the market for 6 weeks, we have had 4 viewings and another booked for this week. I think we are sensibly priced (I trust our estate agent who has very good local knowledge) but probably priced more than other houses similar to ours, and they have drives…
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Leasehold Flats - Self Management
Hi all - looking to see if anyone has experience of the following scenario. Block of 8 leasehold flats. A management “company” was created, I believe between the original owners. Each of the 8 owners have a £1 share in the company. The management / admin of this has been handed down between various owners through the years…
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Advice please
Our house has just gone on the market today. Over the last four weeks, we’ve seen four properties we were interested in sell within a week, so in our area, you really have to be ready to move quickly. What’s making me anxious is the idea of selling but not being able to find a suitable home in time. I know this is a…
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Help! How to sell mixed residential / commercial property (single deed)
Hello forumites, My dad has lived in his house for 40+ years - its a 4 bed townhouse with a shop on the ground floor. The shop is currently rented out to a tenant who runs a business from there, but this tenant is moving on next month. The house is in a well-kept, if dated, condition. House and shop are all on one deed. My…
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buying land - what does this covenant/ charges register mean pls?
Hi, Im looking to buy some land and downloaded the reigsiter. Could anyone translate what this means please into layman's terms? Ill be using a solicitor but wanted to see if there were any red flags in the title register in advance. Any advice or insights would be great. There is no yellow area road on the title plan as…
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HMO Scotland
Hi Everyone, Eldest is flat hunting in Scotland with some friends and has a couple of options. I know if they rent a flat with three or more it needs to be an HMO. A friend owns a flat and could rent either one or two rooms as big living kitchen - does that also need an HMO if it is owner occupied? Think they have all the…
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AIP confusing
AIP £138,250 - this is 63.34% mortgage £80k deposit (equity in our current house with £10k left for fees/moving costs etc) with the new house purchase price we’re looking to buy being £218,250 I’m just confused as to how this works. We’re looking to sell our home for £140k this is what the AIP was based on but if we sell…
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Would you buy a house with for a nice price but with a huge oak right beside the wall?
I know that these kind of houses are cheaper for a reson but i wander how to calculate it, and if cutting down the tree beside the house is a game worth playing.
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Buyers solicitor requesting docs that don't exist?
We're in the latter stages of a move and have 2 queries from the buyers side that we don't seem to be able to agree on. The house we're selling is 10 years old and the queries relate to docs from the time of the house build. Firstly, we have been asked for 'building regs approval' for the entire estate, from 2014. Our…
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Selling house, will be in a chain
So after failures at part exchange we have decided to sell privately. I'm likely overthinking but if we sell, we still need to find somewhere in order to complete. This is the position for most people I'm guessing other than those lucky enough not to be in a chain? We had our eye on 4 but they've sold in the first week!
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Housing Association says the Fencing I paid for will belong to them!!
Can anyone help with advice please. The fencing between myself and my neighbour fell down in my garden. We were going to go half but they have now decided not to. I had a visit as I needed permission. I was asked lots of questions. So are you going to be having concrete posts and gravel boards? Answer NO I cannot afford…
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Tax Advice when renting out a property.
Hi all I could do with some advice around buy to let. My first question is if I buy a property with savings can i offset income against the amount I invested ? eg Say i put in £30k savings can i repay the £30k back to a savings account from rental income . The way i’m looking at it is i’ve not made any profit until i get…
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Title plan doesn’t include rear driveway
Hi! I am looking into purchasing a property that has rear access via a driveway that backs onto the road behind. My solicitor has advised that there are no rights in the title plan to use this access way. Where can I find out whether this area actually belongs to the property and that I have the right to use it as a…
