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Offer made, but unsure of how to proceed
Our house has been on the market for just under 3 weeks. It's priced at 400k, and an offer has been made for 360k. We're going to reject the 360k as we feel that is too low, but assuming they counter with a higher amount (or someone else offers), I'm not sure what I would accept. When we put the house on the market, there…
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Deed of trust
Hi all looking for some advice please. Me and my husband moved into a house that his parents owned 15 years ago and his name was added to the mortgage alongside theirs. during those 15 years we got married and have paid for and maintained the house. His parents have not paid any contribution to it. it is up for sale now…
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My house is not register in land registry
don’t know from which part to start but this Company supposed to not exist !! Braking so many rules of SRA Code for solicitors !! I bought a house using this company in 2021 as I was first time buyer , today is 2024 and they failed on register my property in land registry , they had time in LG until June 2023 as there was…
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Protected via unilateral undertaking?? What does mean ?
Hi all , I need help with more understanding this email My bank has sent urgent letter asking my solicitors why is not charge yet on my property and they responded more than a month later of saying that the bank has been protected from the day 1 via unilateral undertaking . What does mean ??? We acknowledge your email…
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Are you a first time buyer
A relative of mine is saving into a help to buy ISA for first time buyers. However the has learnt that his wife is going to inherit a property (not in an area they like). Would he still be a first time buyer if his wife inherits the property?
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First Time Buyer!! YES or NO?
Hello, I am buying my first flat in London & I need help regarding if I am considered a First Time Buyer or not. I have just started the process & received the solicitor documents to fill in. One of the documents is about Stamp Duty & mentions the below: "You must tell us about jointly
owned dwellings, inherited dwellings,…
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Ex-Council House - holiday let / long term let
Three years ago, we purchased an ex-local authority house from a private seller, i.e. it hasn't been a council house for over 30 years. Do you think I will be able to rent it out, preferably as a holiday let, but failing that a long term at some point in the future? Any advice appreciated, thanks!
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Can a leasehold flat managed by the leaseholders?
The flat son is interested is leasehold but he said the leaseholders have set a company. Is that possible? No service charge, repairs on ad hoc, not sure whether this is good. Have checked the company, it does not seem to be properly managed. In a conversion of three, who is responsible for building insurance? EA mentioned…
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Demolishing a shared outhouse...
I live in a terraced house. There's an outhouse (used to be toilets) that we share with 5 other neighbours. We own one of the end toilets. Ours, and our neighbours opposite, is dangerous. There are loose slates, rotten bits of timber, bricks literally falling off. Our builder agrees it's dangerous and is happy to demolish…
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Lease Plan Error Before Buying
Hello, My partner and I are prospective first time buyers about to buy a 'Tyneside Flat' property. We have closed our H2Bs, have a mortgage approved and all ready to go when our solicitor has just informed us that there is an error on the lease plan. Essentially the plan shows that we do not have the shared pathway in…
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Does selling online work e.g. Purplebricks?
We have had to move my mum into care and are selling her home. Her house in London needs considerable renovation (not been touched for over 40 years) and we have dropped the price to reflect this, however, after trying two estate agents we have not sold the house. We have had some negative feedback concerning our current…
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Boundary lines
Hi all. Hope someone can help We moved into a new build last year. Have done up the garden and planted a tree in memory of a parent who is no longer with us. Housing developers have now advised us that the fence was built in the wrong place. It was fully finished when we agreed the sale. They want to move the fence up to…
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Memorandum of Sale and GDPR
Could anyone assist with GDPR and Memorandum of Sale please. I have accepted an offer on my property and requested the Memo of Sale so that I can agree what has been offered and included in the sale before I will let my Solicitor proceed. The Estate Agent will not give me a copy as they state it breaches the GDPR. This…
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Best way to sell residential and BTL.
We currently live in our residential and have a BTL property which we’ve owned for 6 months and paid 7k land tax on. We’re looking to potentially sell both and move into a new residential. As much as it would be a pain, if we were to move into the BTL for as long as it takes to sell the previous residential would this work…
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Dealing with my housing association
I wondered if anyone had any suggestions. I live in a block with several flats, rented through a housing association. I have a few concerns and issues that I am trying to get resolved, the main one is a neighbour works in a very messy job and walks through the hall ways in his work boots and leaves marks, stains, and mess…
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Buying failed mortgage property by private treaty
Interested to hear if anyone has bought a property by private treaty after it failed to sell at auction? Were there any issues? Did you get it for a good price - more or less than auction guide price? Have seen a property that I previously dismissed as it was being sold at auction is now showing as private treaty sale.…
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Buying house that has both freehold title (absolute) leasehold (Possessory) what can be issues
Hello everyone, I'm in the process of buying a house that has both Freehold title (Absolute title) and Leasehold title (classified as Possessory Title), both under the seller's name. I'm curious to know if this arrangement is common and what potential implications it might have in the future. Specifically, I'm concerned…
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Investing £150K - pay off a chunk of mortgage, invest in ISAs & stocks or a bit of both
We have £295K left on our mortgage (16 year term) and the house is valued conservatively at £750K. Through a combination of saving over years, some inheritance and a generous redundancy package, we potentially have £150K to save, invest or reduce the mortgage by - or some mix of all three. Reducing the mortgage by this…
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Council house - workmen caught me peaking through window
Hi all, it's me again. I posted the other day asking how long everyone waited between offer and getting the keys I did something really stupid today. After work I decided to go have a look through the window as curiosity got the best of me. I thought nobody was in there, but there were 2 workmen who saw me. They watched as…
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Making two flats into one property.
Hi. This concerns a couple of flats in an old 6-flat building, currently one flat on each floor. The owner of the top flat is considering buying the one below, with the idea of ultimately converting it into a maisonette. Would the FH have the ultimate day over having them combined? Could he scupper these plans just because…