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Investing in Partners House....getting confused.
Hello all, so I am getting in a muddle with trying to work out how to progress forward, if even to move forward with potentially investing in my partners house. We are unmarried and I moved in last June with the intention of paying rent and bills towards her mortgage and running of the house. The house was purchased in…
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Confused about paperwork required for loft as habitable room
House I'm buying was marketed/priced as a 2 bed, with the 2nd bedroom in the loft. Agent's details stated that a window and door were being installed to satisfy building regs. They noted on my offer that it was conditional on this being fulfilled. The previous sale was 5 years ago; it was not marketed/priced with the loft…
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Correct way to give notice of rent increase to Tenant
Hi, I am increasing tenants rent, using the Retail Price Index Rent Calculator, as this is stipulated in the tenancy agreement. After the original term it was thereafter a rolling month to month. I have Form A (Landlords Notice proposing Rent under an APT) is this the correct form? On this form I do not understand Part 3…
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Buildings insurance at Contract Exchange
I see that I need to have Buildings Insurance in place for new house when contacts are exchanged. I guess can't just switch existing Building Insurance over because that would mean current property (which you'd still live in until you move) would be uninsured? Or does that become the responsibility of the person buying…
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Factor company in Scotland
So they are refusing to do repairs fences paint spillage and tree stumps being left. £700 to remove a stump but they ask all residents as it works out £15 per house. In the past they just got on and done repairs so I went to my local councillor. How to I report the factor company for not doing there job? I am sure…
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Bungalows and conservatories
Looking for a bungalow for my mother. Why do so many bungalows have conservatories slapped over bedroom or kitchen windows? Don't people want fresh air/daylight? How difficult would it be to knock the conservatory down if we bought one of these monstrosities, would it need planning permission to do so? No mortgage involved.
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Engaging a conveyancer or solicitor before making an offer
Hello, I'm a first-time buyer preparing to make an offer on a house. I have an agreement in principle from my bank. I've read that engaging a conveyancer or solicitor before making an offer can be beneficial. Could you clarify the advantages? Also, I'm concerned about selecting a conveyancer who might not be on my mortgage…
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Want to sell property in a year or 2, is it worth putting a new kitchen in?
Reason being, feel the property will 100% need a new kitchen and if I put one in it will 100% secure a good asking price. Or do I just leave it for the next buyers? I have noticed when I am looking on rightmove now, I am immediiatly put off by either the kitchen or bathroom needing an upgrade....
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Level 3 survey surveyor liability
I have just commissioned a level 3 RICS survey and I noticed that there is a clause in the agreement which limits the surveyor's liability to £50K. Is this typical? I would have thought that if they miss a major issue e.g. subsidence, the cost of fixing it could run to more than £50K?
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Sell and move or renovate 🤔
So attempts to part ex with a developer have failed. For context an independent valuation advised us to market for £360000, stated was worth a bit more but houses in our area aren't selling above 360. A developer offered us 305, then 315 when we said too low. So we have walked away. We now have to decide whether to sell,…
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What are my legal rights as a purchaser between exchange and completion regarding vendor access
As the title suggests, I exchanged yesterday on a property and expected to complete next week Friday. I was in a bit of a rush as my mortgage offer was due to expire on the 14th March and was pushed for exhange by the estate agent. I am now in a sitation where I thought the vendors had left the property vacant (as agreed)…
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Gifted deposit
My mum has kindly said she will give us a gifted deposit for our mortgage. She will sell the flat we live in to fund it. My question is as we live in the flat she is selling we can't leave until our sale is completed. How can I give 10% deposit at exchange of contracts when I don't have it until the flat is sold but we…
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Do estate agents make up gazumping offers to get you to increase prices after accepted offer
As in the title, do EAs ever get buyers to increase offer after the vendor has accepted by inventing gazumping offers? If you say you’re sticking to your offer and they decide to proceed with you anyway, is that a bad sign? Would you consider pulling out?
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Boiler on Balcony in Uninsulated Closet – Is This a Concern?
I visited a flat over the weekend and have a few questions about the setup. The boiler and cylinder are positioned on the balcony, inside a small closet with a wooden door. The closet doesn’t appear to be insulated; could this cause any issues with efficiency or safety? Also, I noticed some tape around the pipes. Is this…
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Is my mum's 'life rented' home in my name a second home?
My mum lives in Scotland. To save money down the line, she signed her house over to me when my dad died, so I wouldn't have to pay again when she did. She and my step-dad live there with 'life-rent'. So I can not do anything with the property, cannot evict them and can not live there myself. (Not that I would ever want to…
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c.g. tax
We have a flat which we will shortly be selling (after doing it up to go on the market ) as its some way from where we live we will be staying in a hotel while we carry out the work, as we did when we brought it and got it ready to let out. two questions I know traveling expenses can be deducted from cgt but can we deduct…
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Previous conveyancer failed to register title
Morning, I was hoping someone may be able to give me a pointer at what to do about this. I bought my flat 4 years ago and have recently agreed a sale. Whilst completing the first part of the conveyancing, my conveyancer advised me the property was not registered in my name, rather the owner before. I dug out the details of…
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Seller Taking Too Long: Advice Needed
Hi, We have an offer accepted on a house we really (really) love. The offer was accepted in June 2024. We weren't quite ready to move so to make life easier on all parties, we set a target completion date of January. (This allowed my wife and I to get married, sell our flat in London and then find temporary accommodation…
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Charge on Land registry by Barclays on house we are selling
In 1999 we finished paying off our Woolwich mortgage. We have the deeds. We are currently selling our house and it was found that Barclays have put a charge on our house in 2018, 19 years after. We owe Barclays nothing. I have spoken to Barclays and even sent an email to the chief executive who has passed it to the…
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Making an Offer on a property
Hi, first time buyer. What successful tactics have been used when offering on a property to bring down cost, is starting 10% below asking to much? Will a seller be motivated to negotiate typically or only selling at asking
