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Living together now married with 2 houses and council tax
Hi Bit lost in all this so could do with some advice. Met my wife in 2022. We both have our own properties in our own sole names, own mortgages and are both in fixed terms for another 2 years before they expire. We got married in 2023, and due to me having a child to an ex partner we have been moving between houses and…
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Sale completed but TR1 form not signed by vendor
Hi We completed on a house purchase last April. The communication and experience with our own conveyancer was poor throughout and we made a formal complaint about the situation after we had completed. We reached a mutual agreement in October. At that point I had queried that we had not received notification of the…
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Tax liability
Hi. My parents owned a house as tenants in common 50/50 split. In their Will my husband and I were named as executors. My mum has passed away and my Dad is to stay in the house until he passes and then the beneficiaries are myself and my sister who will be left the house 50/50 split. When my mum passed I was told in order…
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Advice on best way forward please?
Hi all Remaining lease 68 years Cost to extend by 90 years - c£15k Mortgage balance remaining - £105k Property value as is - £167 (according to high street lender) Property value with extended lease - £200-210 (according to estate agents) My sister has come to the end of her mortgage deal with a high street lender and will…
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Houses advertised at offers in excess of x
Bit of an odd one, but is there any general accepted etiquette on dealing with houses that are priced at “offers in excess of”. If it says £500K for example, is it understood that you should offer at least £10K more or suchlike and £500K is an insulting offer? Just wondering as normally, if the price is X, I would start by…
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Looking for short term finance to buy house before selling current one
Hello all, My first post, so please be kind :-) I am 61, wife is 51. We have inherited £220,000 and want to spend it buying a larger house (in Scotland), and to be mortgage free fairly quickly. The house we live in has a small mortgage and is worth about £220,000 for a quick sale. Due to family circumstances we want to buy…
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Kensington Mortgages
I've been declined by Kensington mortgages due to rent arrears. In short i was previously on Universal credit and they paid the rent. they always pay a month in arrears so my rent account was in arrears. Since my circumstances have changed and now off Universal credit i have brought my account up to date and continued to…
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TR1 transferring to trust for life occupancy of surviving tenant in common
My wife and I were tenants in common. In our mirrored wills, we granted lifetime occupancy to the surviving partner. On the second death the house (proceeds) would go 50% to her descendants (her will) and 50% to mine (my will). My wife died a year or so ago. Probate is all finished and the only thing left for me to do is…
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Joint tenant or Tenants in common
Myself , partner(not married) and my son are in the process of buying a house together. And we are cash buyers. I am so confused about whether to be joint tenants or Tenants in common it is stressing me out so much. I understand the difference between both but not sure which one is right for our circumstances. . If we do…
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Buying a 2nd home - Advice
Morning all, I am looking for some advice if anyone would be kind enough to assist. My father is currently renting a council property and has done so for a very long time. He is now looking to purchase the property from the council, they have quoted 60k. He has asked for myself and my sister to go thirds (20k each) on the…
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Stamp Duty for House with multiple Annex
Guys I'm looking at purchasing a dwelling that has two attached Annex. The house is being sold as one lot and will be my PPR. The house and attached annexes is also on one title deed . Each Annex currently has a separate council tax band. Therefore I would be paying three sets of council tax. One on the main house H, and B…
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House with no guarantees/warranties
Hi I've just had the property information form back on the house I am buying, and in the section on guarantees and warranties, the house doesn't have any. So no damp proofing, timber treatment, electrical work, roofing or central heating warranties/guarantees. As a first-time buyer, I am not really sure what to do with…
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Transfer of equity / declaration if trust - moving in with partner
Hi, i am really confused !! Sold my house and moved in with partner. Mortgage now due for renewal so in process if remortgaging and adding me. All approved so far and its been sent by Mortgage provider to their nominated solicitor. The confusions arises as partner will have more equity in house and from doing my research…
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Selling inherited property to buy new home.
My dad sadly passed away last year after a long battle with cancer. He left my siblings and I some small rental properties that he had for his pension (he was self employed builder so didn't have an official pension). After a lot of thought we've decided to sell them, we are not from the area they are and it kind of just…
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Yet Another Land Registry Scammer
Just been caught by the Land Registry fake site landregistryonline.org.uk that charged me £79 for a copy of a £3 Land Registry title --- it looked very plausible as the Land Registry website and comes very high in searches - the real site is actually hard to find and as I had half-remembered talk of it being privatised, I…
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Transfer of Equity - Pre or Post Marriage?
Hi all, I get married in June, but am also in the process of selling my house and will be transferring the equity into my fiancée’s house. I have read on solicitors pages that transfers of equity to spouse’s properties are exempt from CGT, but not exempt for other family members/friends. Would I be classed as being in the…
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England - Joint Ownership house one person full despoit, tenants in common vs joint tenants when mar
Currently buying a house with my wife. I am putting in £150k despoit and my wife nothing but splitting mortage payments even on the new house. Do I need to put "tenants in common in unequal shares" on the joint ownership information sheet and make a note of my deposit, or is it pointless being married as everything starts…
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Landlord refuses to give back deposit
My grandad was renting a 1 bed flat in a retirement complex, he paid one month upfront and a £1500 deposit, shortly after he moved in he was admitted to hospital. Whilst in hospital he continued to pay his rent, then in January he was moved into a nursing home, made the landlord aware and carried on paying his rent. He has…
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Do I need to pay for an extra survey in addtion to searches & valuation?
Hello, first time buyer here! I am in the process of buying a house and have recieved back the searches. Nothing is screaming out that it is a problem but my solitor has advised that all clients should get addtion surveys carried out..? The house is a 1900's terraced style with no obivious issues but wondering what the…
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Proof of funds for solicitors
Hi all Our solicitors have asked us for proof of funds for our purchase. We have the 10% deposit (approx £30k) and they’ve asked separately for the rest. Naively I thought we’ll have all that ready for date of completion so no issue. However they obviously want to see it now. I get paid more each month than what the…
