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Issuing a Section 20 Notice
I am director/shareholder/leaseholder of a small company which owns the freehold to my and 2 other flats in the same block. Work is required to fix wear and tear on the roof. One of the leaseholders, also a director, has objected to my brothers carpentry and construction firm to undertake repairs because they "are not…
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Mortgage agreed in principle
We are selling a flat in London and we got an offer yesterday from a young FTB couple. I asked the estate agent if they have a mortgage agreed in principle and he said yes. I asked him how much deposit are they putting down, he said 200k but it may be less as they may want to keep some of the money back for doing the…
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Selling a house.
I have a house to sell a couple of agents where advising the usual route board viewing and offers which been done for numerous years. The two I had today are advising the auction route which they say the house will sell quicker and at the asking reserve price. Has anyone been down the auction route and is it as good as…
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Landlord Imposes Rent Increase on 12 Month Anniversary
Hi all I am in a fixed 3 year term tenancy which has the following clause and explanation from the agent “6. Rent Increase 6.1 The Landlord can increase the Rent every twelve months on the anniversary of the date on which the Tenancy began (“the Rent Increase Date”). The increase is to be calculated according to the rise…
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Leasehold extension, new law. Advice needed!
Hello all, I'm hoping you can advise me here. Earlier this year, I applied for a lease extension for my flat, which I have had since 2004. The lease is now down to 49 years so I need to extend it, especially since I plan to sell the flat this year. The flat was rented until mid-May; the tenants have now moved out, so it is…
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Ground rent clause meant unable to remortgage
Hi, I’d really appreciate some advice! I have just had no remortgage my leasehold flat, however was only able to continue with my existing lender as other lenders wouldn’t lend to me (including big name high street banks & building societies) because of the ground rent clause. The ground rent clause is as follows: - ground…
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Gift deposit for buy-to-let property
Hello, My girlfriend and I currently live together in a house owned outright by her. She has around £150,000 in savings and I have around £40,000. I want to buy a house to let, using the money from both of our savings - buying the house outright. I would like the house to be solely in my name as I have never owned property…
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Please help! Title deeds and postal address don’t match
Hello all, I’m in the final stages of buying a flat but have been having issues with a discrepancy between the postal address and the address on the title deeds, which don’t match. My conveyancers have said all must match for the sale to proceed but the vendor has argued this isn’t a legal matter. The vendor claims that…
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Land not on title - boundary surveyor
This discussion was created from comments split from: Land not on title - boundary surveyor.
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Will a Secured Loan hamper my house sale
I have had my house on sale since October but no joy as yet, not the best time of year to sell I know but we are just coming into house selling season so hopefully it shouldn’t take too much longer to find a buyer. I’m selling and moving into rented accommodation and will have a good amount of equity in the sale however. I…
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Help children to buy in London - is this too ambitious?
I am consulting the principle of how to use the money first before asking about where/what is best to buy ------I have luckily accumulated a decent amount of excess asset that I would like to pass on to my children to manage once they reach their adulthood. I should still have enough left for myself, with a decent…
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House Purchase - Ground Stability Identified in Searches
Hello everyone, We are looking to purchase a property in the Colchester area. We are first time buyers and ofc everything in new to us. We just received the searches back from our Solicitors. The Property has a mark PASS but in the further guidance a few areas need attention. 1. Ground Stability Natural ground subsidence…
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Buying a multigenerational home - deed and mortgage advice
Hi all, I'm currently in the process of buying a house for three generations of our family to be together - my parents, myself and my young daughter. We've been living together already for some years, so we know that it works relationship-wise, and everyone is in good health for the moment. We have had an offer accepted on…
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District Heating System and Local Energy Networks
Hello I have searched online trying to find out the difference between a district heating system and a local energy network but don't really understand what the two types of energy are. Could anybody kindly explain the difference or post links as to where I can read about them please. I only ever hear negative stories re…
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Mould around windows
Is this sort of mould around windows a big issue or red flag in a flat? No obvious signs of mould elsewhere
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Ground floor flat
I live in a ground floor flat and they is one flat above me we can hear them walking about very heavy on the floor can I get the housing to soundproof the floor it is only 3 years old
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FTB - Romford - Offered too much?
Hi all, I have come to MSE forum to gain some insights from people who are more experienced. I am purchasing this property and have offered £450 (Removed by Forum Team) After having spoken to Ashton's they said that typically properties go for 400-415. I am close to contract signing off phase. I am also not sure who to…
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A Dilemma on Price to Sell House
I have inherited my father's house. A 1959 built 3 bed semi. The house is habitable - good heating system with boiler only 2 years old. The roof doesn't leak and there is no discernible subsidence or cracks. However, the property hasn't been looked after and has not had anything done to it for 25-30 years, so is very tired…
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Stamp Duty
Hi all. My wife recently got some Inheritence and wishes to use it to help her buy a house. She will be a first time buyer and plans on having it in her name only. I got a Mortgage back in the late 80's but it was sold in the mid-90's and I've rented ever since. My question is- Will she still be required to pay Stamp Duty,…
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Mortgage down valuation letter
Hi, I’m a first time buyer but my house has been down-valued. I can afford to pay the extra however i still want to try get it down as much as possible. Does this email seem fair?
