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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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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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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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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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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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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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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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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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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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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…
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Be cautious about buying McCarthy and Stone!
I would counsel caution to anyone considering buying a McCarthy and Stone apartment. The issue is not with the property itself but in the selling on of an apartment. I have been trying to sell my deceased uncle’s apartment for three - years. McCarthy and Stones resales experts are passive and as they continue to accrue…
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Reduction in property value - mining report
I would like advice re selling a property which has 2 mine entrances 11m and 7m in the road outside the next doors’s house. Buyer has pulled out as they can’t get a 60% mortgage of the property value of 160k. I have been told I should reduce by at least 25% for 1 mine entrance and more for 2nd and readvertise for cash…
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Is this estate agency clause as dodgy as I think it is?
I've been reading the contract for an estate agency I've instructed to sell my house (haven't signed yet) and this clause worries me. Am I right to be worried about it or am I misunderstanding something / is it standard? Ready, Willing and Able Purchaser A purchaser is a ready willing and able purchaser if he is prepared…
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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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Moving abroad: What to do with my house?
I am planning to move abroad so that I can be closer my dad. I am in a bit of a situation with the house that I live in. Currently it is mortgaged with a decent equity and I do wish to return to it in nearer future as I love the place and the area. I was thinking of renting it out but had a horror experience before on a…
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Vendor Buying The Freehold First
Good morning everyone, I have had an offer accepted on a house. The house is currently a 900+ year leasehold and sits on a freehold. The freehold is owned by a well known Estate in North Wales. My offer was conditional on the vendor purchasing the freehold. I don't want to purchase a leasehold. The vendor's freehold…
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FirstPort Property Management
I’m interested to hear if others have had issues with FirstPort, particularly owners of Freehold Homes on new-ish housing estates. We have had numerous issues with this company who now charge nearly £6000 a year to “manage” a small patch of grass in our cul-de-sac. They also added unauthorised charges to our account for…
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Is the landlord legally correct
Hi all My son had a debt with his landlord. Following advice from this great forum, my son made an offer of a monthly repayment to the Landlord via the Estate Agent at the end of November 2025. This was agreed, and my son, as agreed paid the first payment 5th December, then a second payment on the 5th January. Yesterday he…
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Selling first home where to start?!
I have read all the MSE articles (this site helped me save and move out of childhood home on my own) but it seems to be about first time buyers or once you have found a house. The guides state sell you house first which is fine I live in a really east to sell first time buyers home is a gem really. What on earth happens…
