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Tenants in Common - unequal deposit - what is fair?
Hi, I am going back and forth on what is deemed as appropriate and fair and would welcome some thoughts. partner A is contributing the 10% deposit to the property. Partner A and B then split mortgage payment 50/50. Partner A is suggesting to go down as tenants in common, with a deed of trust to acknowledge the differing…
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Mortgage options …
Hope someone can advise. I’m planning to sell up and move to a flat in a different area of the country but may need a very small mortgage to do so. I’m 60 years old and want to clear my current mortgage but the flats I like and in the areas I want to live are more expensive than I first thought so I may need a loan of…
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Stamp duty divorce new house second property already owned
I have a property obtained 20 years ago that is in my name
but I have never received any income from it or paid expenses for it, and another
family member lives there. It's not my marital home. I haven’t
lived there for 15 years. I am currently
getting divorced and may have to sell our actual marital home and purchase a…
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Landlord is selling property and I can't afford to move.
Hi all, Today I have been informed that my landlord has put the property I am renting up for sale. My tenancy ends in August and I have been assured that I can see the full duration of that out. The rent is £800pm. However, the rental market is crazy and I simply can't afford to rent anywhere else (raise the deposit, move…
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Leasehold and major repairs
I am about to exchange contacts on a 2 bed flat in a block of 17 flats. I have just had a letter from the management company informing me that the roof of the block needs to be replaced in 2 years. I am unsure how to proceed and how to get the information I need. I don’t want to be faced with a large bill. How can I find…
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Question regarding serving of section 13.
Thank you all in advance. I hope you can provide me with an answer to my post as i'm struggling to clarify what I need to do or not next. My letting agent tried to serve a section 13 in April 2025 raising my rent from 650 to 695 I contacted them to inform them that it was invalid as it was only 10 months since they served…
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Changing title plan - boundary issue.
Currently going through the process of buying a place and the vendors declared a boundary dispute. Essentially it is a small strip of land that is relatively inconsequential, so it doesn't impact my decision to purchase other than it being an issue if not resolved when I eventually sell. How easy is it to change the title…
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Purchasing flat but current owners want to stay for 6 months after purchase
Hello, This will be a long winded post, but just want to give you as much info as possible. My husband and I are looking to go travelling full time in our motorhome in the next few years. I am 59 and my husband is 58. We own our property with a small mortgage that will be paid off before we go. My 34 year old son also…
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Viewings fallen off, should I change estate agents?
We've had our house on the market now for almost a year now. After a decent number of viewings right at the beginning they have now fallen off to few and far between. Weeks go by with nothing happening. The house is a 1930's semi with a massive garden. Our estate agent says its desirable for the garden and being on one of…
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Simarc Lease Extension
Sadly we have let the lease on a flat run down to 44 years and are now in the grip off Simarc properties! In fairness to them thus far they have supplied a value for a 90 year lease extension and confirmed there is no negotiation option. My concern is that the 90 year lease extension cost is just under £20,000 for a…
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Land Registry
Hello everyone. I am a little confused by the advice I have received my solicitors and am seeking a second opinion. My Dad passed away this year and has left me, as his sole executor and beneficiary, his bungalow. As a renter, I have decided to go and move into the property. The bungalow was bought from new in 1968 and…
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Solicitor did not change Land Registry
I purchased my house in August 2022 using Alexander Grace Law Ltd. I found out last week that, even though I paid for them to register the change of ownership with the Land Registry, they did NOT. They went out of business in 2023. What do I do now???
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Restrictive covenants
I bought a house two years ago. The house was built in 1967 and the previous owners had lived there since then until they died just before the house was put on the market and I bought it. The deeds from when it was built it contains restrictive covenants as follows:“No Building erected on the land hereby transferred shall…
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Indemnity insurance for garden home office
Hello All, I am in the last phase of buying a house before exchanging the contracts. I had a question about one thing which my solicitor mentioned today, so I wanted to ask here. The house I am purchasing falls under a conservation area, and I can the list of modifications and alterations they have done listed under…
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Exchange then completion question
I'm a first time seller, I have learnt so much so far during the process of selling my house, I would be so more clued up if I did it again but I never plan on doing this again unless I really have to !! We are currently at the survey stage and someone is coming round in the next week to survey the house and not long after…
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Buying shares of inherited house
this is a follow-up of my previous post. My father passed away last his partner not married resides in the home with a three year trust for her to stay there until she finds another property to move into The house has been left to myself and my sibling at 42.5% each and the remaining15% to Dad’s partner we have discussed…
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MOVING HOUSE HOW TO QUICKLY INFORM EVERYONE OF ADDRESS CHANGE
Is there an easy way of informing all utilities, dvla, doctors, hospitals,opticians, vets etc etc of a change of address? (probably not) thanks COVID
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How much should I charge my lodger to work from home?
I have a lodger, and he has told me that he needs to work from home from next week onwards. I was thinking of charging him a daily rate (on top of his rent) to work from home. How much should I charge him?
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CAPITAL GAINS TAX
I am gifting a property and filling out the CGT calculator. Its asking me what my expected income for the year will be? I do not work. I get PIP, Carers and UC. What do I declare as income? all of it?
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Money Moral Dilemma: Should my tenant pay for missing the gas engineer's appointment?
This week's MoneySaver who wants advice asks... I'm a landlord and have to get a yearly gas safety certificate for the property I let. With my tenant's agreement, I gave the gas safety engineer her telephone number, so they could arrange the visit. On the day itself, my tenant forgot the appointment and was out at the…
