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Stamp Duty when remortgaging & releasing equity to an ex
My ex partner and I (not married) split last year and I’m in the process of remortgaging & additional borrowing to enable me to pay my ex partner her share of the equity. I am unsure whether I will have to pay Stamp Duty and really hoping this isn’t the case as it’s another expense to try and keep our family home as we…
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Should I accept lower offer for my London flat?
Hi everyone I've got a converted studio flat for sale in N14 London, the suburbs. I bought it 20 years ago, I was the first to buy after it was converted from a warehouse. It's got a lovely white facade, it's unique. There's one main living/sleeping room 16 foot by 16ft, a separate large kitchen big enough for a table for…
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VOA query - FHL to LTL
Hello, My holiday let has been running from January 2024 until present. I have paid the higher council tax for the whole year and am thinking of changing to LTL. As my application for business rates is still going through, if I did go down the LTL route, would I still get a refund for my council tax from Jan 2024 to Jan…
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Flat developer gone into administration
Hi all, I started the process of buying a new-build property in 2024, and the developer went into administration in Feb 2025. So bank has taken over. My question is this: How does this effect me? Do i pull out and look for somewhere else. Does the flat value go down? Kind regards
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Cash Buyers
Hi We are looking to sell our rental property and instead of looking at estate agents, we are considering a quick option of a cash buyers. We realize the offer will be lower but there's enough equity to consider it. However, there are so many stories of scammers, fraudsters etc we have on idea where to begin to look for…
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Need Advice - Sellers With Multiple Sale Attempts
I’m after some advice. My wife and I are about to put an offer down on a property we really like. But we are hesitating after looking at the listing history on Zoopla. This is the 4th time the same owners have tried to sell this property on Zoopla and Rightmove since 2016 and they still haven’t sold it. The first listing…
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Council Flat, Right To Buy, Solicitor advises me not to buy it, but I'm not sure
Hello everyone I'm in a bit of a pickle and I'm not sure what I should do. Background: I've been a council tenant for over 23 years. I am male, single, have no children and live alone. The council flat I live in is in a high-rise block of flat (like Grenfell) with 36 flats in total. Over this period, I've paid approx £85K…
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Survey has lied to cover his tracks
Hello Just bought house and carried out a level 2 rics survey but not happy about a couple of things and need some feedback please. 1. I have llandeii trees in the garden near a boundary wall. Just noticed subsidence in the wall and neighbour informed me that this has been going on for years. I raised this with the…
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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…
