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Another Yopa No Sale No Fee
Hi all. A quick one in short. Decided to use Yopa last year to sell our property, but no facing a £1499 fee for no property being sold. We took it off the market after six months. I met the agent and discussed the options etc. I asked about using my own conveyancer and a no sale, no fee option. My mind was at ease that…
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Rent out current house, buy new house
Hello all, I'm usually quite good at finding information on financial situations, but I'm struggling with this one: My wife and I are looking to sell our current house and move a few hours down south as she has just got a new job. We bought our house 2 years ago (as a new build) £335,000 Our house has been on the market…
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EWS1s issued by Tri Fire
The BBC report that some certificates may not be valid and mortgage offers may be pulled. Suspended engineer accused of forging fire safety certificates for high-rise flats https://www.bbc.com/news/articles/c74e04ek82wo Some major lenders say that they have now stopped offering mortgages on homes signed off as safe by Mr…
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Purchase of leasehold on a House not a flat
Hi All i am trying to do some research and hoping that i might get some help on here. my question is in two parts. 1. I am one of those unfortunates that bought a new property in 2012 and the property was sold to me leasehold. I have asked the freeholder if they will sell me the freehold and they have declined a couple of…
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Indemnity insurance and renovations
Hi everyone, I have a question about indemnity insurance that I hope others may have some good advice on. My partner and I bought a property two years ago that came with indemnity insurance for a title defect (rear kitchen extension) due to a restrictive convenance on the property. As far as we understand, the work carried…
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Landlord wishing to enforce a new AST just at the 'renewal' of the current one
Hi I'm looking for guidance on best next steps regarding my rental agreement. Will give all the details so there are no grey areas. I moved into my rental home on the 1st February 2024. I signed the standard AST which was locked for 12 months with a Break Clause stating 'It is agreed that after 10 months, two months notice…
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How do you value land for development??
Hi all, some dumb questions to ask here, please help. I'm joint beneficiary of a piece of land with some old building bits on it (foundations, walls, partial roof). Planning permission had been granted a long time ago for a little detached house there - probably some 15-20 years ago at least. The land is about 2-3 acres…
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TA6 ground water flood due to poor drainage install by developers
Hi, I have received the TA6 for a property I am purchasing, and it has been disclosed that 9 years ago, the garden flooded with ground water due to the ineptitude of the property developers failing to install drainage properly in a clay area. This was promptly rectified and there have been no issues since. As this is a…
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Buying with pending works for building regs - what to look out for
I'm buying a house in which the vendor is currently installing a door to the staircase into the loft conversion to bring it up to building regs standard for a bedroom. The conversion was done by the previous owner but no door installed (they weren't using it as a bedroom apparently, and the vendor is only doing it now to…
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Land registry title deeds help please
Afternoon hoping for help from land registry members please. I’m confused and don’t know how to get a copy of deeds. i have a copy of a TP1 with a registered title number and a official copy of register of title with the same registered number with edition date 11/05/2020. We purchased in June 2021 from council. Conveyance…
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Sell or rent out a gifted house ?
Was gifted a house by my parents 10 years ago - i have now moved in with my partner & need to decide if im best to rent it out or sell (from a tax perspective) Value is approx £180k obviously any informal & non binding advice or suggestions would be gratefully received so that i can look into my options with others…
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Problem with council grant
Hi good afternoon, a few months ago My daughter was about to be made homeless herself and 2 children one disabled as the private rental she was living in the landlord wanted to sell and gave her a month to get out. She asked the council for help and they told her if she could find another private rental they would take her…
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First time buyer - HTB ISA x LISA issue
Hi all, I'm hopeful that you can help me with some first time buyer advice... I set up a HTB ISA which currently has £10,500 in & I'm looking to buy my first home. This is where the issue arises, the cap is set @ £250k for the cost of the house, this is untenable for location I wish to buy in, would likely be between…
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Ladybrook securities stopping house from selling.
Anyone had any experience of selling a house and ladybrook securities holding the process up? They are the free holders and have sent a letter to our solicitor saying that we are in breach of the leasehold contract. They are stating that we have built an extension without their permission. The extension was built by the…
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landlord checks
I was placed on a rent deposit scheme back in 2016 through the council, I have got repairs that need doing in the property, the landlord isn't interested so I have gone to environmental health which they have been out to assess the repairs and serve a notice to who ever is on the land registry. Which is actually not my…
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Shocked by residential management company fees
Good
afternoon all! I'm
not usually want to moan but just feel a bit blind sided today so feel like
having a bit of a rant. I'm
due to complete the purchase of a flat next Friday 7th February. I had a quote
from the conveyancing company of approx £1350 but I totally understand that
this can fluctuate slightly. A few…
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Capital Gains Tax on only owned home
Hello the Forum, Hope someone can help. I bought a house for my mother to live in some twenty years ago as she had no means or income, this being 100 miles from us where she had a network of friends. My mother has never been asked for rent though I cover all the costs of utilities and upkeep. The mortgage is in my name…
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NHBC claim - Kitchen extractor/ducting
My house is still just within the 10 year NHBC warranty. It is one of 12 houses all built in 2016. The kitchen extractor fans have all failed in my house and my neighbours' houses. Having investigated I have found that my extractor fan discharges into rigid ducting that appears to be connected with the downstairs loo…
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Tenants in common- want to change shares
A bit complicated but here goes… me and my partner have a declaration of trust whereby I own 75% and they own 25% of our house. We currently pay into our mortgage on those terms. However, my partner can now afford to pay 50:50 due to a wage increase. But I have no idea how we can do it fairly (ie. Just changing the…
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Buying freehold of terraced house
Any advice about if buying the freehold of my house is a good idea? I live in a modest terrace house, mortgage paid off with no plans to move for the foreseeable future. All other houses in the location are freehold, but for some reason the people who owned the house in 1964 sold the freehold with a 800 year term. The…
