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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?
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Buying a house through a bank
Just wondering if anyone can advise. Very long story short we have been in the process of buying a house since August last year. This house has been going through the repossession process as we have been buying it and unfortunately the bailiffs were there yesterday and they have taken possession of the house. The mortgage…
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Contracts not Signed
I have a friend who is selling his house. He is getting very stressed because the buyers want to move in on the 28th February, only 3 weeks away, but they have not signed a contract yet. Is this normal? He has not booked removals yet or contacted utility companies etc because he thinks they could still pull of the sale. Is…
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Estate management fees
Apologies - this ended up being a bit longer than I hoped: We bought our house 15 years ago on a new build estate which is partially unadopted and has some common areas maintained (how I wish I had known back then) Our house is 100% freehold We have in the past paid the management fee via monthly standing order via…
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Valuations and part ex
So we've recently tried a part ex with a developer. The house we wanted to buy was only a little bigger but it's the layout of my current ground floor that makes me want to move. Now I know part exchange means you accept a lower offer, I've done it before, and that's fine. I also know it's up to me to accept or walk away…
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Second property and second marriage
Can anyone please tell me what the situation is regarding a 2nd
property, when it is as a result of 2nd marriage? To explain; When my
Wife divorced from her first Husband, he bought a moderate sized
house for her and their Children as his clean-break settlement. When I was divorced
from my first Wife, I used my split of…
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Getting Around Capital Gains Tax
Hi, So our situation is that my partner and myself have decided to live together, her property sold last year and now she is living with me, the house is solely in my name and so is the mortgage. The mortgage can be paid off at any point. We Have seen a new property (2) we really want to buy and we are prepared to get a…
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House Deeds
Apologies if I've posted this in the wrong section but if I have can someone tell me, anyway here goes. I recently qualified for free solar panels, loft and indoor wall insulation after a surveyor came round last week. They need the deeds in my name for the work to start so paid £7 on The Land Registry and the house is in…
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Transfer Part of Freehold of Adopted Road
We are in the process of selling our flat which has a share of the freehold (equal share with one other flat) However, the freehold for both flats also includes a section of two roads. Both roads are adopted roads and the local authority have confirmed that they are solely responsible for maintaining the roads etc.…
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Stoptap -whose responsibility
I live in a block of flats built in 2019, and I moved in early 2020. I recently decided I would like a water softener installed, and of course this involves turning off the mains water. There are several stoptaps, but the one that needs to be turned off is where the water supply enters my flat, BEFORE the water meter.…
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Do I need personal as well as landlord insurance
There is something I’m not clear on, even though I’ve been googling the subject. I’m moving in with my mum to look after her and renting out my house. Viewings are happening now and I need to get some landlord insurance. The landlord insurance I want to get will cover buildings and liability. My question is, can I cancel…
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Consent to change windows
Hi, i am thinking about changing windows in my flat. Could someone please explain the process and does anyone have any template for a consent letter to freeholder. thank you very much
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Converting house into a maisonette?
Hi all - spoke to a builder about this and he was against it saying it would become 2 separate dwellings, 2 separate gas meters etc .. is it not possible to rent out the upstairs with bills included or something? Thanks in advance
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Damp and Leaks found on survey
our structural survey (full level 3 survey ) has just come back on a 1930s bungalow we are buying . for context we are cash buyers as using my inheritance and it’s no chain due to the owner being elderly and passing away , its being sold by his brother . House hasn’t been touched for years bar windows , doors and boiler…
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External Insulation Without Building Regs
I'm in the process of buying a flat (share of freehold, 2 flats in total), and the seller recently did an extension. For that, there’s a building regulation certificate, so all good. However, after completing the extension, he added external wall insulation (EWI). For this, there’s no building regulation certificate. A few…
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Charge on a property
As part of her divorce my Mother in law was awarded a percentage of her ex-husbands property. A charge was put on the property but sadly my M-I-L has passed away 10 yrs ago and we have only just found the paperwork relating.to this. Would the charge still be in place and would it automatically be passed.to her sons? Her ex…
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Tax obligations for a trustee's spouse
My wife and I are thinking of making our daughter the sole trustee for our current home. At the moment, we rent it out for periods of the year and I understand that the trust would receive future income if it is set up, and that our daughter would have to declare this for tax purposes (I hope this is correct so far!). If…
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Tenant bills
Hi. My sister rented a property through a well known high street estate agent to three individuals with their individual tenancy agreements. The first person who started living the property signed up gas & electricity and broadband under her name and would then split up the bills monthly and collect it from the other…
