beesonthewhatnow
going deaf for a living
It’s to do with the flat being a leasehold and having a management company that look after work on the building and grounds.
Yes.
Oh well, that’s all right then.
Buying a home and don't know how anything works
- Thread starter miss direct
- Start date
Riklet
procrastinación
Well maybe I am being holier than thou (I am) but its not like stressful situations will stop whatever path you choose. Even if you have a council flat or rent or live in a yurt they will arise. By "this is life" I dont want to normalise the bullshit of propety ownership or purchase stress. Or criticise you of course.
But we do choose how we let 'stressful' things affect us. Maybe for you a big unexepcted bill is way way way worse than it would be for other people. Maybe not. But if you let how you respond to it affect you (stress through regret/overthinking - I should never have bought a house etc etc) as much or more as the original bad thing (a big bill) then you're only doubling the pain.
Artaxerxes
Look out, he's got a gnu!
It’s stressful as fuck but I guess everything is to a degree, there’s just so much cost to everything.
Current mood (especially given there’s been no heating and will be no boiler till we leave here);
Current mood (especially given there’s been no heating and will be no boiler till we leave here);
Leafster
.
If the expenditure had been incurred and billed to the previous lessee then it's possible your solicitors fucked up their conveyancing. There should have been an apportionment on your completion statement. If there wasn't, then I'd suggest you contact the solicitors.
If it's a balancing charge for a period which spanned the previous lessee's occupation and yours then it's possible there may have been some money held back on the conveyance process. However, if the expenditure hadn't been identified (after enquiries by your solicitor) at the time of completion then it may be something you'll have to pay.
I'd suggest looking at the conveyancing paperwork you received to make sure your solicitors did their job and double-check the completion statement.
Boudicca
Seaside Queen
Yes I was going to say your solicitors might be sitting on the money beesonthewhatnow. I had £1000 held back for one year in case there was planning permission needed for a hole I cut in the wall and I had to wrestle it off my solicitor one year later.
beesonthewhatnow
going deaf for a living
I… just can’t. I want nothing to do with them or the whole fucking process ever again.
cybershot
Well-Known Member
4 months on from agreeing sale and a no chain sale that should be hassle free, is surprisingly not. Mainly down to the solicitors surprise surprise all being shite. About to miss it's 3rd estimated completion because they can't sort the exchange out, usually because one solicitor or another is off ill or annual leave.
Unbelievable just how shit this process is in this country and and that these places can't get their shit together with a process that isn't in reality, that fucking hard.
The constant chasing to get anything done by people you're paying when you have your own job other shit to deal with as well.
Artaxerxes
Look out, he's got a gnu!
Landlords getting the contractors round before we leave to get quotes
“This is X my brothers sisters cousins uncles mate whose also a builder, thought I’d get him in to look”
“Hullo can I bring my staffie in”
“Yeah I guess as long as they behave”
Spoilers: they did not behave and the wife is going to be fucking incandescent when she gets home to see the state of the bedspread
“This is X my brothers sisters cousins uncles mate whose also a builder, thought I’d get him in to look”
“Hullo can I bring my staffie in”
“Yeah I guess as long as they behave”
Spoilers: they did not behave and the wife is going to be fucking incandescent when she gets home to see the state of the bedspread
Boudicca
Seaside Queen
Exchanged today. Was supposed to be on Friday but the solicitor at the bottom of the chain forgot to organise some indemnity insurance.
It feels like forever but it's actually only a little over 3 months from offer to completion, including a 5 week wait for the surveyor to look at my house.
It feels like forever but it's actually only a little over 3 months from offer to completion, including a 5 week wait for the surveyor to look at my house.
DaveCinzano
WATCH OUT, GEORGE, HE'S GOT A SCREWDRIVER!
Still, nice of the landlord to offer a month-long rent rebate to make up for the inconvenience, unsolicited
Artaxerxes
Look out, he's got a gnu!
Still, nice of the landlord to offer a month-long rent rebate to make up for the inconvenience, unsolicited
Yeah no fucking chance, I'm losing 800 quid off the deposit because I didn't give 2 months notice as per the contract
friendofdorothy
Solidarity against neoliberalism!
We are planning on moving. We've been here 25 years so it's a bit hard to get our heads around the idea - we thought we would never move again. But as we get older and see our friends becoming ill or having mobility issues I realise it would be best to move somewhere more accessible while we are still fit.
Our place needs loads of stuff doing to it - damp, replastering, replacing single glazed windows, new roof on the extension, new kitchen needed, etc and we dont' want to live here while all that is done so we want to sell it as it is and let it be someone else's project / headache. Agents assure us buyers like that sort of thing and have done their valuations based on present 'needs some work' condition of the place. I'm not so sure.
I don't fancy the stress rollacoaster of accepting an offer only for it to be withdrawn when a buyer finds out how much there is to do or their mortgage company causes problems. Is it possible for us as sellers to get a survey done, that will clearly show what needs done and costs, so potiential buyers know what they are in for? Do sellers ever do that?
Back in the last century finding this place took months and we looked at dozens and dozens of places. I must say its so much easier looking to buy now with photos and floorplans and sq footage being easily available online. Flicking through rightmove etc is addictive!
Our place needs loads of stuff doing to it - damp, replastering, replacing single glazed windows, new roof on the extension, new kitchen needed, etc and we dont' want to live here while all that is done so we want to sell it as it is and let it be someone else's project / headache. Agents assure us buyers like that sort of thing and have done their valuations based on present 'needs some work' condition of the place. I'm not so sure.
I don't fancy the stress rollacoaster of accepting an offer only for it to be withdrawn when a buyer finds out how much there is to do or their mortgage company causes problems. Is it possible for us as sellers to get a survey done, that will clearly show what needs done and costs, so potiential buyers know what they are in for? Do sellers ever do that?
Back in the last century finding this place took months and we looked at dozens and dozens of places. I must say its so much easier looking to buy now with photos and floorplans and sq footage being easily available online. Flicking through rightmove etc is addictive!
Riklet
procrastinación
Wow you are so nice, id tell them to get to fuck! Are they doing a job or out for a walk? Tie your dog up outside like a normal person...
Boudicca
Seaside Queen
Haha, they tried making every seller do a survey before they put their property on the market but that didn't last long. I think because buyers (and their mortgage providers) wouldn't trust a survey done by the sellers.
So you probably just have to play the game, get three estate agents around and choose the least odious. Sounds like yours will be a 'project' property and buyers will know what they are taking on.
AJ at Eden Harper is a decent bloke but the snakes at Foxtons may get you more money.
I spent months on Rightmove but actually only viewed the property I am buying. It ticked all my boxes and I got it for a very good price as it is a probate sale.
Artaxerxes
Look out, he's got a gnu!
I’m fairly easy going and I expect people to you know, control animals they own.
It was a clear difference between this chancer who the LL seems to have grabbed from next door and the quiet Eastern European lads also giving the quotes.
The wife was indeed absolutely fucking furious.
friendofdorothy
Solidarity against neoliberalism!
Are no surveyors independant? seems a shame that you could end up with several potential buyers all shelling out for surveys for the same info.
Recall the one we paid out for sited all kinds of defects which basically implied the message dont buy this - but we bought anyway. Said the flat roof need replacing 25 we didn't but it hasn't leaked yet (fingers crossed for 25 years)
yes we've had 3 estate agents and they said similar sort of figures, 2 said the same figure and Foxtons said approx 50k less.
They all gave different advice on when to sell and how likely we were to sell. One said market is slowing, sell now right away while people still have cheap mortgage offers that will expire in jan/feb. Another said market is still strong you'll have no trouble selling - there was a queue to sell a flat down the street with 14 offers received and xmas is a good time to sell. Another said wait and sell in the spring when the garden looks nice.
We are not quite ready yet - so it will be next year anyway.
I think choosing the least odious is the best you can hope for.
Puddy_Tat
santa paws, do you ever come to the ghetto?
dunno really - you do get places listed either with gentle hints like 'chance to put your own stamp on this place' and some that are fairly clear it's a project. someone who goes in for buying places, doing them up and selling them on may offer less up front, but may be less hassle in the long run and is less likely to be in a chain.
nobody can really tell what the market will do. traditionally the market slows down for xmas. if you're selling to buy somewhere else, then it might not make that much difference if the market goes up or down, unless you're looking to buy somewhere much cheaper (in which case an X percent fall will reduce the amount of money you'll walk away with.)
to some extent, surveyors will always point out all the potential faults, so they can't get sued for not mentioning them, but some will be live-with-able.
nobody can really tell what the market will do. traditionally the market slows down for xmas. if you're selling to buy somewhere else, then it might not make that much difference if the market goes up or down, unless you're looking to buy somewhere much cheaper (in which case an X percent fall will reduce the amount of money you'll walk away with.)
to some extent, surveyors will always point out all the potential faults, so they can't get sued for not mentioning them, but some will be live-with-able.
bellaozzydog
rolling turds in glitter
How are people dealing with the wacking new mortgage rates.
My mortgage has gone from 495 quid to 740 and set to ride every month
Looking at houses to buy on the property sites with those “how much mortgage you’ll pay on xxx” and it all seems insanely high, totally unaffordable
My mortgage has gone from 495 quid to 740 and set to ride every month
Looking at houses to buy on the property sites with those “how much mortgage you’ll pay on xxx” and it all seems insanely high, totally unaffordable
hash tag
Books, not bombs
No. Surveyors can be employed by and therefore answerable to many people, not just the buyer but the seller, the mortgage company, an insurance company, a second charge lender.......
If a property was surveyed by party a and the sale fell through, the surveyor could sell the original survey, at a discount possibly to the next buyer.
A survey would not usually be transferred between lenders and insurance companies because they probably have different requirements and if it wasn't commissioned by them, they cannot sue the surveyor if something goes wrong
Artaxerxes
Look out, he's got a gnu!
BT cut off our router earlier than expected so the wife has had enough of it and we’re now moving Friday because fuck this noise.
I love her when she’s pissed off
I love her when she’s pissed off
5t3IIa
Registered User
Was that a ‘random’ change/rise or the end of a fixed term?
marty21
One on one? You're crazy.
We are talking about eventually moving - Mrs21 retired last year - but I still have a while to go (unless I manage to blag an early retirement deal) . We moved here in 1997 and have never really completed the place , done bits and pieces over the years - new kitchen/bathroom/roof - so need to do more stuff before we even consider selling - but the whole thought of doing this and looking for somewhere else - and where we would move to - is not something I'm looking forward to so we'll probably park it for a few years yet.
bellaozzydog
rolling turds in glitter
That’s three months of rises on a variable mortgage payment
baldrick
hmmmmm
Exeter-ish
Trying to decide where currently
Saw a really nice new build at Xmas but it was in tithebarn - I'm not against new estates but it's a bit no man's land and there are no trees
I like trees.
Trying to decide where currently
Saw a really nice new build at Xmas but it was in tithebarn - I'm not against new estates but it's a bit no man's land and there are no trees
I like trees.
hash tag
Books, not bombs
I love Exeter. It feels like home to me which is odd. Mrs Tag tells me Exeter if fairing badly on Mumsnet in a disliked towns thread.Exeter-ish
Trying to decide where currently
Saw a really nice new build at Xmas but it was in tithebarn - I'm not against new estates but it's a bit no man's land and there are no trees
A380
How do I change this 'custom title' thing then?
So buying a flat with our kids. Them to live in and increase their share instead of paying rent. This was part of the reason we sold our much loved family house. Supposed to exchange and complete next Thursday. Yesterday our solicitor got the management company AGM minutes from last May - direct from the company as the seller's solicitors had kept not supplying them. And, surprise surprise, it needs a new roof. 1/4 of the roof was replaced a year ago but 3/4 still need to be done. And it's the weekend so I can't get any information on likely costs till Monday as, unsurprisingly, the seller hasn't answered my messaging.
it's my own fault really, the seller is a solicitor and I made the mistake of trusting him to a small extent.
So four months and £2k in searches, legal fees and survey fees and it's back to the beginning... Or at least seeing how much the weasel will suck up and take off the price.
it's my own fault really, the seller is a solicitor and I made the mistake of trusting him to a small extent.
So four months and £2k in searches, legal fees and survey fees and it's back to the beginning... Or at least seeing how much the weasel will suck up and take off the price.
Elpenor
a clown’s heart and a mandolin
I vaguely know where tithe barn is as it’s close to work, a few people I work with live near there I think. Are you considering Cranbrook? I think there are very mixed views on that development, some colleagues live there too.Exeter-ish
Trying to decide where currently
Saw a really nice new build at Xmas but it was in tithebarn - I'm not against new estates but it's a bit no man's land and there are no trees
When I was looking to buy last year I ruled out most of Exeter very quickly as ultimately I didn’t want to live in a city, or in a suburb. The one part I rather liked, just outside the city was Exminster, but properties there were a bit pricey for me.
