100% Mortgages

akpb123

ryan86uk wrote: »

It's difficult to say how much it will be worth really. Shame a few haven't been sold close by. How long does it have left on the lease?

995 years so no issues there. May be best to get a valuation?

ryan86uk

akpb123 wrote: »

995 years so no issues there. May be best to get a valuation?

Only option really but then again that won't really be a true reflection.

akpb123

if it makes any difference, there are a few up for let for between £450 & £500 pcm

Svenena

Did you buy it new 4 years ago? If so, the bad news is that new builds tend to be overvalued, and 2007 was the peak of the market. If you find out how much on average house prices have risen/fallen in the area, as a percentage, that will give you an idea of how much your property price might have changed. I think this is similar to how the bank would value it if you were looking to remortgage too, so should give you an idea of what they'd be looking at.

ETA: As an example, a flat in Cardiff bought in March 2007 would have sold for an average 7.4% lower price in February 2011. Have a look here: http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/

m_13

akpb123 wrote: »

We currently own a 2 bedroom appartment in South Wales and wish to buy a house because our new neighbours are causing havoc and my partner is at the end of her tether with them.

If your neighbours are causing havoc then I'm not sure why a tenant would want to live in your property? Surely they'd be on here posting about their nightmare neighbours and asking how to get out of their AST!

What are your neighbours doing? How have you tried to sort it out?

Thrugelmir

Do your neighbours own the property or are they renting?

akpb123

Thrugelmir wrote: »

Do your neighbours own the property or are they renting?

The neighbours rent but the landlord is no help. They are two 18year-olds who work for him so they can do no wrong. It is probably their first home away from their parents so an amount of carnage is probably par for the course.

The issue is that i work away from home for six days at a time so therefore my partner is home alone for long periods with gangs of lads outside the front window, it cant be easy for her.

We are a bit stuck now by all accounts.