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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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How do I remove an unwanted guest living in my caravan in the garden?
I have read through another thread where a person had someone living in a room in their house and refusing to leave. Changing the locks seemed a strong recommendation. My problem is slightly different because the person is living in my caravan in my garden. She came seven years ago for a few weeks while she sorted out…
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Stamp duty - transfer of equity.
Background - Ive just transferred 50% equity to my partner for 50% of the original cost ( bought last year ) No mortgage. The conveyancer did the transaction as myself as vendor then myself and partner BOTH as purchasers. Stamp duty calculated on his 50% consideration = all cool. Situation related to my question … However…
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Companies mimicking HM Land Registry.
A week ago I Googled 'Land Registry' to get hold of a copy of the Title for a property I own. The Company calls itself Land Registry UK and, having missed the small print stating they are not HM Land Registry (HMLR), I paid online about 60 pounds for a copy of the Title. Soon after, this Company emailed to state that there…
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2011 change to house buying contracts passing risk to buyer. Why?
In 2011 the rules governing house sales changed to say the buyer takes all the building risk after exchange. This means the buyer still has to complete even if the house burns down between exchange and completion. Yes, I know you would buy insurance to cover the risk, but I'm not sure I would be happy having just spent all…
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New "Have a Look at This" thread
The other one has disappeared and any posts I have made are not listed in either my posts or thanks. This thread is for things like: . Spotting pets in properties . Anything awful - decor, extensions etc . Quirky properties . Timewarp properties . Properties in serious repair and anything which is different and of interest…
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First time buyer
My FIL is selling his house for 185k he has a few offers, some are from first time buyers. Most of the offers are putting down 5% deposit. This to me sounds low as I am used to people putting down the standard 10% these days. Is 5% deposit a bit too low do you think and we are better off choosing the ones that are putting…
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Mortgage rate fluctuations
FTB here, I'm wondering about the current situation, as it were, and the effect on mortgage rates. Recent news reports refer to lenders withdrawing a number of mortgage products in response. Any views on this? Anyone already been directly affected?
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Deliberating selling our flat that has just had section 5B notice served
We own a flat that is one of two in a house. The freeholder has just served the section 5B notice to as they are selling the freehold. The other flat already has an extended lease of 200 years and peppercorn ground rent. Our flat only has 86 years remaining and ground rent of £50 rising to £250. We don't know whether to…
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Council tax work around
I co-own a house mortgage free. We'd like to move to another council area and I've got a bank job with the NHS in that area already and work occasional shifts. We'd like a house in that area so I'm not always bunking with family, we can get our pets used to a new house plus the rental market is woeful. However, the council…
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How did you choose your surveyor?
When buying a new house, how did you choose your surveyor? The RICS search shows that there are like 100 who can do one for my new property. Basically all seem to be good. Do you just assign them numbers and roll some dice?
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Search Shows Ground Stability Natural Hazards should I be concerend?
Hi, I am looking to buy a property close to me, and the basic Environmental search has identified 1 Natural Hazard. It doesn't say what, but it has flagged the whole estate on the map as being under the same one hazard. I think it has to do with the type of soil that the estate was built on, i.e., clay. But trust me, 70%…
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Mortgage Advice
Hi all, I’m after some honest views on whether this sounds promising with Vida Home Loans, as I’m getting quite anxious about it. We’ve applied through a broker to Vida because our credit history isn’t great and there has been a fair bit of borrowing. We’re selling our current home and buying a cheaper one, so the aim is…
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Changing From Joint Tenants to Tenants in Common
Hello, My mum separated from her partner 3 years ago. Could one of you helpful folk point me in the right direction regarding which form to fill in to change from joint tenants to tenants in common. Thank you
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My share of profit from house
Some opinions if i may. A friend bought a 3 bed semi to do up. he paid for everything and i did the work. The deal was we rented the house for 10 years and then sell, with me getting half the profit. He has excellent tenants but i would like to take my half of the profit with him buying me out. We have had some valuations…
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Survey booked.
Hi all. Not sure I'm posting this in the right place but finally in a position where me and my partner are looking to move into our dream home. Sold our house and sale agreed another. Our buyers have booked a survey for 2 weeks from now and I've never been as nervous in my life. We've been on the property for over 20 years…
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Do I need to pay for a Credas ID check for my purchase when I've already done one for the sale?
I started the process of selling my house and now I've had an offer accepted on a house I want to purchase. Their estate agent is saying they're gonna send me a Credas ID check which I'll presumably have to pay 35 quid for, but I'm sure I already did one and paid for it with my house sale. Is it normal to have to do this…
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Rent increase was served late
Hello, my landlord (HA) increases my rent every year without fail. Usually get the notice mid February for an increase starting 1 April. However this year they've sent it late. The letter is dated 2 March for an increase starting 1 April. So one day late I did discuss it briefly with a member of staff, who stated awww it…
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Eviction after section 21
The tenants have a periodic tenancy. I (my agents) have served a section 21 which expires 5 April 2026 I am selling the property and have a buyer - he says he is happy to wait at the moment. The tenants have said that, as things stand, they can’t find anywhere else so won’t be leaving. They aren’t being obstructive just…
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AML checks by estate agents
I have come across a couple of estate agents who insist on doing the full AML checks for purchases and sales (that is on both the buyers and the sellers), where you not only have to show proof of funds but also proof of how you got them. This is generally done at the legal stage by solicitors, so I feel they are over…
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Buy Your Freehold - guide discussion
Hi all, we've written a new Buy The Freehold guide to help you buy your freehold or get the right to manage. How did you find the info? If you've done it, how did it go and do you have any other tips you'd add? How much value do you think it added to your property? Thanks for your help! MSE Jenny
