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Exchange and completion confusion
Apologies I am using this forum a lot lately and appreciate all the advice. I'm just a bit confused about exchange and completion as although I've bought 4 properties before I've always managed to avoid a chain. Now I have a property I'd need to sell. I was looking at a new build but they want exchange in 6 weeks. Does…
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RTM - lease transfer to new owner
Hi, I am part of a right to manage company (5
flats, all with share of freehold). One of the owners is selling up. We have
already filled out the LPE1 form, but I have a question around what needs to be
lodged with Land Registry. The seller of the flat will cover the legal costs,
but I am struggling to get my head around…
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Homebuyer or Building Survey (or neither)?
I'm at the survey/valuation stage for a property I'm buying that was last sold in 2021 for £115K. It's now £327,500 after a full refurb by a property developer, but there are visually still incomplete elements like a missing ridge tile, incomplete guttering, missing kitchen island back panel, no threshold strips between…
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Best way to pay for a house?
Hello, I have seen a property for sale that I would really like to buy. I have spoken to the owners and they will not be moving into their new build for another 5 months, so I time on my side, but... My current house is freehold and worth more than the one I am looking to buy. My plan is to sell mine and use the funds to…
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Is my builder liable?
We have been in our new build house, built by a small developer/builder for 5 years now and we have had the render fall of the entire side of our house, compromising the waterproof envelope of the house. It has also previously done so on 3 of the other properties on the development which the builder has helped the owners…
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Capital Gains Tax for a newbie!
Newbie here! just wondering if anyone can help/advise please... Back in 2012 my parent took (which now seems to be bad advice) to add myself to the house deeds as the best way to stop there home being used if they needed care. I bought my own home in 2013 and obviously moved out of my patents home. My parents and myself…
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Advised of additional rental costs after signing rental contract and paying deposit
I have recently signed a contract for a rental property and paid my deposit and first months rent in advance, the afternoon after the payment went through the estate agent emailed me saying please see below message from landlord with regards to heating. I was advised electricity was on a sub-meter- was already aware but…
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Help to buy valuation too high! Any advice
Hello, We are attempting to remortgage to pay off the help to buy loan. This is the second time we are attempting this process the first time it fell through as we paid £405k six years ago, the RICS came back at £400k and the bank valuation came back at £380k so they wouldn’t lend us the full amount, at the time we were…
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Solicitor charge without prior confirmation
Hi - some advice please. We are beginning probate process and went to get the wills from the solicitor used by the deceased person; we made an appointment as instructed and when we arrived we were invited into the solicitor's office - we thought it was for us to show our ID as per instructions. The solicitor arrived and…
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House transfer- divorce
Post of behalf of friend - Nearly divorced and ex is buying property and I have agreed a settlement. Now nearly at the stage of transfer of funds. I have asked for the funds to go to a third party but exe's Solicitor is saying they cant be sent to anyone expect me or my Solicitor. Is this the case, I'm struggling to find…
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Solicitor issue with Notice of Transfer
Purchased a property three years ago and received a letter from an investment company saying we owe £421 as the notice of transfer hasnt been served. Asked solicitor to look into it presuming they should have sorted it. They are now saying I have to pay it?
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Transfer Title Deeds after pay off mortgage with Islamic Finance - DS1, TR1
Hi @Land_Registry I have paid off my Islamic mortgage, and have been sent a letter from my bank for me to take steps to "submit the transfer of title application". They have sent me a DS1 and TR1 form which has been completed by their solicitors. I plan to complete the process myself and would appreciate your help in…
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Bridging loan - Should I?
Our buyer is dragging her feet and we need to move by end of April 2025 to our new place. We don't have a mortgage and no issues with the house as all the certificates and inspections are complete. We're thinking about a £180,000 bridging loan for upto 6 months until the house sells or we get another buyer. Any thoughts…
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Conditions of sale for new home
Hi, I’m in Scotland and considering buying a property from a major builder on a new scheme. I was told by the selling agent that there are certain conditions in the contract of sale / title deeds. This includes no work vans, no camper vans ( I have a very modest sized camper van) - fiat ducato van size), no re sale of the…
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Building Regs completion cert for old loft conversion
I know this is a regular topic, but a family member is getting conflicting advice from conveyancer and surveyor, so would like some informed comment if possible please. Property is a bungalow converted to a dormer bungalow in the 1980's. Solicitor has received detailed paperwork, drawings etc relating to planning…
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House selling/buying anxiety
Pulled Out Before First Viewing – Fear of Letting People Down I had a viewing booked for my house but ended up pulling out before it even took place. The truth is I was scared of letting people down—both the buyers and myself. I worried that if I went through with the process, I’d feel pressured to accept an offer even if…
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Shared ownership house lease query
Hi all, I'd like to at some point purchase the other 50% share of my house but considering the lease situation. I believe there would be about 65 years left of the 99 year lease and I understand these are expensive to increase? If I was to buy the other 50% I would have the freehold (confirmed this) so lease costs wouldn't…
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Rental Cleaning Deposit Deduction £350 plus Non-Safety Glass?
Hi, I moved out of a rental place (2 bed apartment, 1 bathroom, 1 kitchen, 1 living room, no outdoor space) about 1 month ago, after 4 years of living there. I had about £850 deposit in Deposit Protection Scheme (DPS). About 1 month before I left the flat, I accidentally dropped something, and it smashed through the glass…
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Subdividing a property while having a mortgage
I am looking to subdivide a property into two flats but I still have a mortgage (residential) running on it. My plan is to convert the property into two flats and then move it to a buy to let mortgage which will obviously pay off the exiting mortgage. The issue now is that will it be possible to carry out this subdivision…
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House sale but now threatened with legal action.
Hi all just wondering if anyone could give us any advice ?. So basically my mother in law inherited a house in a will she wasn't told nothing about the property so she sold it through an estate agent as she already has a home. So now the buyer is threatening her with taking her to court after owning the property for four…
