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About heybobby

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    HPC Newbie
  1. Hi, I'm currently having some problems with an estate agent. My girlfriend went to view a property on the 18th of May and we verbally agreed a rate of rent and start date of 25th June, the following day. I was then asked for a holding deposit over the phone on the 19th. The estate agent sent out a letter dated on the 20th of May and which wasn't received until the 23rd of May (due to the weekend and Royal Mail). Our references were approved on the 24th of May, and so we went into the office on the 25th to sign the papers and pay off the deposit and initial months rent. It was at this point that we noticed that the start date of the contract was the 25th of May and not June. We feel that this is a mistake by the estate agent as it was never possible for us to move in on the 25th of May and we were only suggesting 25th of June. The estate agent is currently pausing on the offer, and is potentially refusing to return our holding deposit. My question is where do we stand with our holding deposit? It was given without any written confirmation of dates and based on only a verbal agreement. Thanks Nush
  2. I've been using one, Alexander Hall. Should be able to find them on google, they charge £499 on application. I think if you said to them this is the deal I have, lets see if you can save me money overall (including the cost of the fee)
  3. I wouldn't bother with their FA, they won't get you a better deal and probably try and get more money out of you.
  4. Thanks for the responses, this has helped answer a few questions. However it's raised one more, I noticed on the auction lot it said completion within 6 weeks. How flexible are they in these situations? If we are almost there will they wait or do they take the deposit and send it back to the auction? Thanks
  5. Hi, I've been looking around for flats in ealing, around the £250k range. I've found that there are very few 2 beds in this range and that they seem to be going quite quickly and that there are generally a lot of people looking at similar properties (could always be agents talking stuff up). If I do put an offer in, I'd always start atleast 10% below the asking price and work my way up until I don't think its of any value anymore. I've noticed on Zoopla that you can get decent reductions on houses £500k plus. I recall seeing one advertised for £750K and that sold for just over £600k Thanks Heybobby
  6. Hi, Would you be able to find out what the reserve is? Other than keep offering until it's accepted. It went to auction yesterday and sold for £232k. Also I know most property developers buy in auctions but wondered how realistic would it be for a home buyer to complete within 4 weeks? @chicken - I saw a similar property on the street go for around £400k. Even being slightly cautious, I would think you would be able to resell the property for £300k. Thanks Heybobby
  7. Thanks for all the replies! The property is listed for £200k, so would that be the guide price? In my opinion it could get a lot more than that. Thanks Heybobby
  8. Hi, I've seen a number of auctions that have properties that are sold before auction. I was wondering how do you go about buying a property before it gets to auction? Thanks Heybobby
  9. Hi Tim, Thanks for your response. Do you have any more information about this issue of share of freehold and converting lofts? This isn't something I've heard of before. Then does my survey cover me for this kind of issues? Thanks Heybobby
  10. Hi, I'm putting in an offer for a place and I'd like some advice. The flat is a 2 bed with share of freehold and access to the loft. It is on offer for £265k, but the EA said an offer of £248k was accepted. It's a corporate owner so I thought it would be worth offering £230k first off. What do you think? A couple of things though: The EA said that if I wanted I wanted to redevelop the roof that I would need to ask the freeholders permission. He then said that the owner is selling the freehold of the property for £20k. I thought this was slightly odd as their spec talks about it being share of freehold. So my first question is what do I need to say in my offer to ensure that my offer contains the freehold for my flat. Secondly if I have the freehold to my flat does that mean I am free to redo the loft in accordance to council regulations? Thirdly there are currently tenants in the property, however I would like to view the property empty before completion date so that I can check that they have not damaged any of the structure. What is the standard process for this? Fourth question is that there is a subsidence issue on the ground floor flat, the extension which is not part of the main house or the strucutre of my flat. However will this be looked at during a survey and also would my buildings insurance also cover me for anything that happens to the building, say its branded unliveable, will they cover the cost of the flat etc? Thanks for the help Bobby
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