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Transfer of equity / declaration if trust - moving in with partner
Hi, i am really confused !! Sold my house and moved in with partner. Mortgage now due for renewal so in process if remortgaging and adding me. All approved so far and its been sent by Mortgage provider to their nominated solicitor. The confusions arises as partner will have more equity in house and from doing my research…
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Selling inherited property to buy new home.
My dad sadly passed away last year after a long battle with cancer. He left my siblings and I some small rental properties that he had for his pension (he was self employed builder so didn't have an official pension). After a lot of thought we've decided to sell them, we are not from the area they are and it kind of just…
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Yet Another Land Registry Scammer
Just been caught by the Land Registry fake site landregistryonline.org.uk that charged me £79 for a copy of a £3 Land Registry title --- it looked very plausible as the Land Registry website and comes very high in searches - the real site is actually hard to find and as I had half-remembered talk of it being privatised, I…
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Transfer of Equity - Pre or Post Marriage?
Hi all, I get married in June, but am also in the process of selling my house and will be transferring the equity into my fiancée’s house. I have read on solicitors pages that transfers of equity to spouse’s properties are exempt from CGT, but not exempt for other family members/friends. Would I be classed as being in the…
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England - Joint Ownership house one person full despoit, tenants in common vs joint tenants when mar
Currently buying a house with my wife. I am putting in £150k despoit and my wife nothing but splitting mortage payments even on the new house. Do I need to put "tenants in common in unequal shares" on the joint ownership information sheet and make a note of my deposit, or is it pointless being married as everything starts…
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Landlord refuses to give back deposit
My grandad was renting a 1 bed flat in a retirement complex, he paid one month upfront and a £1500 deposit, shortly after he moved in he was admitted to hospital. Whilst in hospital he continued to pay his rent, then in January he was moved into a nursing home, made the landlord aware and carried on paying his rent. He has…
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Do I need to pay for an extra survey in addtion to searches & valuation?
Hello, first time buyer here! I am in the process of buying a house and have recieved back the searches. Nothing is screaming out that it is a problem but my solitor has advised that all clients should get addtion surveys carried out..? The house is a 1900's terraced style with no obivious issues but wondering what the…
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Proof of funds for solicitors
Hi all Our solicitors have asked us for proof of funds for our purchase. We have the 10% deposit (approx £30k) and they’ve asked separately for the rest. Naively I thought we’ll have all that ready for date of completion so no issue. However they obviously want to see it now. I get paid more each month than what the…
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Stamp duty when I don't currently own a property
Looking for a bit of advice on paying stamp duty. I previously owned a house with my Dad but I am no longer on the deeds and have transferred my equity across to him. I'm currently renting but in the process of buying a property. I appreciate I'm not a first time buyer but does that mean I pay the full amount of stamp…
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Conveyancer Errors
To keep it brief, my experiences with conveyancers have been rather frustrating. Years ago, I purchased a leasehold property with the assistance of Conveyancer A. Recently, I sold this property using Conveyancer B, and during the sales process, it became clear that Conveyancer A had failed to properly review the lease.…
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Lease premium? Shared ownership stamp duty
I am trying to work out what the potential stamp duty cost will be on a shared ownership property post April 2025 (I am NOT a first time buyer). I have tried to do a calculation on the Government website but there is a question I am stuck on: * Total lease premium payable? (Find this in your lease) - How I can work out…
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Leasehold service charge proportion payments unclear/discrepancies
I have reviewed a friend's service charges and lease and it appears their lease quotes two proportions for internal block costs as 1/xxx and external costs as 1/xxx. In their service charge demands (over 10 years worth) with the same managing agent, there is a table of 7 components/charges constituting the annual service…
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Halifax mortgage lending experiences
Hi everyone, I’m only asking out of curiosity and I appreciate everyone’s situations are different so does not guarantee in any way that the same would apply to me, however I’m looking to understand people’s experiences with applying for a mortgage with Halifax. We’re FTB, 10% deposit, combined salary of £96k, looking to…
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Advice needed management company
trying to keep a long story short. We live in a small new build development built by Bellway in 2020. The management company they used for the site has been taken over twice and is now First Port. Bellway have failed to hand over the site to the Shadow Board and First Port are truly terrible. At best they are charging…
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Payment arrangement for property transaction
I am writing to seek your advice on a potential payment arrangement I am considering as I'm selling my flat (agreed price 400,000£). The buyer is struggling to get a mortgage, as their bank requests a FRAEW (Fire Risk Assessment External Walls) report, that my building doesn't have; however they would be available to pay…
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Cooparenting - council tax
Hello dear MSE Community, I was wondering if someone would be able to help me. Basically I am in a relationship but don't live permanently with my partner. He owns his place outside London and I rent mine in London. I wont get into why etc but mostly for work related reasons i need a base in London. Of course we 'share'…
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How to reduce time to completion?
We've had an offer accepted and have one eye on the stamp duty changes from April 1st* so I'm wondering what advice you all might have for speeding the process along? Obviously I can't control every factor, but for example what questions can we ask potential conveyancers to try and gauge if they're likely to move quickly,…
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Need to request planning permission for a house change of use - can it be DIY'd?
I am moving out of my house and want to rent it out, but I live in a location with an article 4 that requires planning permission to change the house from C3 to C4. I was quoted £840 by a company to submit this on my behalf. Is this something that I should definitely get an expert to do, or is it possible to do it myself?…
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S/O Staircase, Remortgage, Cancer
Im a shared owner at 75% and was hoping to staircase to 100% when my current deal ends in august..yesterday i was diagnosed with s2 cancer and so my logic is....do i stay where i am or do i still try for the 100%. In the event of my death, my partner could sell the whole flat or do i leave it and let them take over the 25%…
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Estate Agent(s) Fee Clause - 'Ready Willing and Able Purchaser'
Hello We are looking to sell our house shortly for the first time in many years and have had a few estate agents round to give us a valuation and their terms of business. They all seem to have the same clause in their terms - which generally reads 'You will liable to pay our fee or any costs and charges agreed if we find a…
