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Martin Lewis Blog: 'House offer accepted, now they want £20,000 more! What should I do?'
A passer-by stopped Martin in the street recently to ask his opinion on her house buying dilemma. You can check out his view in a video he posted: Martin Lewis: 'House offer accepted, now they want £20,000 more! What should I do?' What would you do? Stand your ground? Walk away? Pay the extra? Negotiate? Tell us your…
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New to the House Buying, Selling & Renting board? Start here
✅ This board is for... * Questions about buying or selling a home * Questions about renting a home * Questions about being a landlord 🚫 This board is not for.. * Debating the state of the economy * Debating house prices in general * Political debates Note: In order to help keep the Forum a useful, safe and friendly place…
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Tenancies in Eng/Wales: Guides for landlords and tenants
post 1 This thread is intended to provide information to both landlords and tenants relating to Assured Shorthold Tenancies (ASTs) in England and Wales. Updated April 2020 to include the Coronavirus Act 2020 and July 2020 to include the Electrical Safety Standards Regulations 2020. Topics covered: Post 2: Repairing…
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Moving and trying to avoid a chain
We're thinking about moving later this year (daughter will start school in 2027, so would be good to do this by end of 2026, as would be a different catchment area). We have a decent chunk left on our mortgage, but due to savings and inheritance have about enough to pay it off. Alternatively, we could use this cash as the…
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Pull out of house purchase need help pet owners?
So I put an offer in on a house but they have two dogs and I have OCD and googled the dog pee and smells linger and go under plaster board under floorboards? I know in general ads are always smoke pet free home should I pull out it's early and fees may not be too high or am I over worrying?
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Subletting to an Agencey - Subletting Insurance
Hi everyone 🙏🏾 I am a Newbie to MSE Forum I rent a property and am thinking of Subletting to an agency ( this would guarantee the rent ) I have rang a few insurance company’s but they don’t do subletting insurance. Do I need a special subletting insurance ? Any help would be appreciated. Edddy Thank you for the reply below…
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Overpriced house, offer rejected, what now?
Husband and I went to view a property on Sunday and we both really liked it however we think it is overpriced. It was put on the market in June 2025 for 850k, reduced 3 months later to 800k then taken off the market. It has recently been put back on at 775k and I still think it is really overpriced. The house has been…
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Stamp Duty - Buying before selling
Hi, My wife and I are currently bidding on a new house which will be our only and main residence. However to give us an edge in the bidding war we are proposing to complete purchase of this new house before we sell our current house. Once the purchase is complete it is my understanding that we would pay the additional 5%…
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A Shade Greener (again) solar panel lease
I am the buyer who made an offer on a house without knowing the solar panels were on a lease with 12 years left to run. The advert said freehold, the EA had never asked and the vendor didn't offer the information. A friend told me to query it, so at least I know early on, I am a cash buyer and this house ticks all the…
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Estate agent asking for details
I'm selling my house. I have completed CREDAS checks and uploaded my driving licence and passport. The estate agent is now phoning and emailing me, asking what my occupation is. I don't see how that is relevant to me selling my house? Can anyone shed any light on this? I've never sold a house before. Thanks!
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Proof of funds/Source of funds - How far back?
I understand that when buying a home you need to provide proof of funds, and source of funds, to prove that you have the money, and to satisfy anti-money laundering checks. How far back in time do these checks go? I was gifted a fairly substantial sum of money back in early 2022, and then again in mid 2021. I imagine they…
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Offer help
Hello! Viewed this property and considering putting in an offer - however, we are FTB and more than a little clueless (/learning slowly!). It would be so great to get some opinions from folks who have been round the block. It seems like a reaonable price for the area, places seem to go from around thw £180,000 mark up to…
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Proof of funds check
There are a few threads on 'Proof of funds' on here recently and reading them has made me think about when we buy a property. Our house is sold and we will be moving into rental, then we will start properly looking for our next home. We are mortgage free and the money will be in the bank ready once we find one. The house…
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Buy to let or invest?
Hi, I’ve recently been made redundant at 60 years old and I’m at a bit of a crossroads. I’ve sold my house and once the mortgage is cleared will have around £210,000 left over. I would like to move to a different part of the country but keep a ‘boot in both camps’ so to speak, due to the fact one of my grown up daughters…
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Written Statement of Variation
Hello, I rent out a house and one of the three family members wants to end her contract. They are family member and all contract holders are happy with the situation. Can I just create a document detailing the changes (change of contract holder) or do I need to create a whole new Written statement? Thanks.
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Same firm of solicitors for buyer and seller: a good or bad idea?
We are part-way through a house purchase. Our solicitor has just written to inform us that they have now taken on the seller as their client; the seller has switched solicitors since accepting our offer. Despite our solicitors assurances that there is no conflict of interest as they have enough staff to manage this…
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Land Registry- removing names
My daughter owns 2 houses outright. She rents one out but has had a baby since this was set up. I have advised her to write a will asap and to put the rented house in a trust for the child. Would this affect her tax codes? She is part time employed, so under the minimum tax level. We would like to go about this but without…
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Mortgage declined after acceptance
Hi guys, Mortgage had been accepted subject to work being carried out before they would lend due to structual issues - so that mortgage is pending. We decided today to pull out and our broker ran another AIP with them again for an additional 50k but it came back with ‘declined’ and the reason being ‘credit score?’ Broker…
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Trying to secure a rental home
Just looking for anyone else's experience with this… Sold our house, moving into rental to then take our time looking for forever home, been told by the EA after they spoke to everyone that a call will be coming very soon to arrange completion\exchange, they told us to start looking. We thought going into a rental, other…
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Renters' Rights Bill - Will it screw me over?
Hi there, I'm a student who will need to start looking for a room in London in a few months. Unfortunately, I don't have any recent landlord references, nor do I have anyone who I can really ask to act as a guarantor. I currently live off a mixture of my own savings (around £40k) and student loans. I always assumed I'd be…
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Transfer of House Left in Will/Buy Out Sister
Hi, can anyone point me in the right direction to understand how the following works please? My parents died (Dad2021 and Mum 2024) and their will states they leave the house 50/50 to my sister and myself. Because of one thing or another, this hasn't been processed yet (has not gone through probate?). I wish to pay my…
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Paying off help to buy equity loan
My partner has a house with a 20% HtB equity loan. Her interest free period ends October this year and her fixed mortgage rate ends June this year. I’ve got a house with a fixed mortgage rate that ends next year. We’re looking to sell our properties and buy our first house together. Re. chains, we want to sell my partner’s…
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Why the long written notice period to cancel estate agent contract?
I've noticed that many estate agency contracts require a very long written notice period - often 28 days - to be able to cancel their sole agency contract. So it may be an 8 week contract but if you decide after 8 weeks you want to go to another agency they're effectively making it into a 12 week contract with a whole…
