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House buying, renting & selling
Discussion List
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Sold!!! Thank you :)
Hello. I'd just like to thank all those who replied to my posts and my newbie seller questions. The property of my dear latest B. sold at exactly my asking price of £325K. It was all rather nerve wrecking (and hard work!) as I thought that the buyers might have wanted to negotiate to a lower price; but it did not happen.…
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SPLITTING OF ASSET BETWEEN SPOUSES
I am a joint owner with both my sisters of a residential property that has been sold. One of my sisters told our accountant that she had transferred half of her share to her husband prior to the sale and the accountant opened a joint UK Property A/c for her and her husband to claim a second Annual Exemption Amount (AEA)…
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Inspection after S21 Notice and prior to Possession Order
My friend’s landlord has served them with a Section 21 Notice. Two months have now passed and unfortunately, they have not been able to secure alternative accommodation. They have therefore written to the landlord stating they will be exercising their rights to remain in the property and that they will need a Possession…
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A situation that hasn’t happened….yet!
Hello and thanks for all help what happens if the following situation occurs please? never happened in 30 years of being a landlord but… house rented on AST to 4 unrelated individuals, on a joint and several basis, however it is NOT classed as an HMO At the end of the AST, as planned, 3 of the individuals move out, rent…
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LAND REGISTRY UPDATING
In March 2025 my granddaughter purchased a property that had been repossessed in October 2024. Yesterday a letter was delivered in the name of the previous owner informing them that a charging order had been made against the property. On checking the land registry I found that the property is still registered in the…
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Land Registry Fraud Department
Via a solicitor we have had a matter referred to the Land Registry Fraud Dept. Can anyone tell me how long it takes them to investigate and respond, the matter was reported to them in April of this year.
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Merged: TP1 & AP1 official copies
This discussion has been merged.
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Capital Gains on inherited property
I have tried reading other threads on this but am still not clear, * I inherited a property from my mother in 1995. * The property has been let ever since * I transferred 50% to my wife in 2000 * We have now sold the property My understanding is:- * The cost for CGT is the probate value at the date of my mother's death *…
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Found out house as no building regs for upgrade work after we purchased
Long story. Bought house in 2021 which has a large extension block. This extension was started in 2012 and has pp and building regs - all good. Not sure when finally complete but the building regs cert is dated 2018. However, was classed as an 'outbuilding' for incidental use. 2018 house is sold to Sellers. Sellers sell to…
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Lodger agreement - being in limbo and renewal
Long story short, I have been at my address for a long time. Initially, I was on an AST but suddenly, my landlord told me I am a lodger and gave me a lodger agreement accordingly. In the agreement, we both have to provide 1 month's notice to the other should we wish to end the agreement. My agreement is coming to its end.…
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ESTATE AGENTS MISREPRESENTATION
We are in the process of moving from Scotland to England and couldn't hold up the sale any further than 1 July 2025 because of the Scottish laws. We have been up front from the outset that we needed the purchase to move as fast as possible and were under the impression that the house we are purchasing was empty. Although…
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Pulling out before exchange
Had to pull out before exchange. Is there a penalty?
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I've asked before, but would sell up or rent out in my situation?
I have become unhappy where I live (6 years), think its time to move on. I do not know where I want to buy again (area). House Value - 250k Mortgage - 150k I've gone onto a 2 year tracker mortgage Only other 'debt' is a car payment of £300 Do I take out equity and rent out my property and forget about it? Rental will be…
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Enquiry - Lodgers
Good Morning, This is my first post so any help would be greatly appreciated. I’ve recently put a deposit down for a 3 bed flat and am wanting to live with my best friend who I’ve lived with for the past two years. My friend will be a lodger who’ll have access to shared areas (bathroom, kitchen and living room) whilst I…
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Landlord withdrew from rental agreement 4 days before moving in
Good afternoon all, I was due to move into a rented property on 31st July 2025. I have signed the contract along with my guarantors. Today the landlord has withdrew from letting me the property despite me and my guarantors having signed the agreement. I have paid some bills up front to reduce my monthly outgoings such as…
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Selling Discounted Market Value House ??
deleted from forum
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Deconversion of a property, currently flats, into one house - Planning, Stamp Duty, Land Registry
Hi everyone sorry for the long post - hoping for some advice please. We are in the early stages of buying an old property that was converted from a house into 2 flats in the mid 70's. The property, we are told, is on one title and just has the Freehold with no leaseholds on the flats. It has been rented out by the same…
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Twenty year right of way rule – dedicated car parking space
Very grateful for your views on this please. Slightly hypothetical situation at present which could very well materialise. Person A lives in a house near to some flats and gets on very well with the people who live in the flats and does not in any way wish to fall out with them. Person A’s car parking space is a dedicated…
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Served 21 Notice and keys going back 28th July
We were served a S21 on a property we rented and been there 10years. We have since rented another property and the keys are to be returned Monday 28th July as asked. I hadn’t heard anything in terms of check out/ Inspection. I contacted letting agent and I was told I would be contacted to arrange a time for check out. I…
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Contract states rent is due 27th of each month but I don’t always get paid on that date.
We are a month in for our New Rental and the contract states rent to be paid to letting agent on the 27th but I don’t always get paid at that time. It’s normally the last working day. I deal with LL for house but agent in terms of rent/contract. I did contact them via email asking if this would be an issue. But no reply.…
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