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Found 22 results

  1. Hi everyone. I'm looking for a solicitor to help with a purchase in Bradford. Recommendations please.
  2. Can anyone recommend solicitors in Nottingham who will be proactive and push through the sales process? Looking to purchase but want to move quickly.
  3. Hi there, My wife and are leaseholders on a property in London. We've been in negotiations to buy the freehold, as we're entitled to do, the negotiations have been going on for a while as the freeholder was difficult to get hold of and disengaged. They are now no longer engaging with us at all or responding to any our communications. This is now also hindering us doing some much needed roof repairs on the property. Can anyone recommend any good property lawyers that deal with freehold enfranchisement and property management disputes? Thanks in advance VHB
  4. Good evening all We have found a property that we are wanting to but and it's under auction conditions. I just wondered if anyone knows a good solicitor to use as I have only had bad experiences with it Thanks in advance
  5. Hello, Could anyone recommend a solicitor that offers no win no fee? I am looking to buy a freehold property with cash, and could do with a solicitor that can work quickly. Thank you Paddy www.thepropertystarter.com
  6. Quick question if anyone out there happens to know the answer that would be great. If I create a limited company with the sole purpose to use it to trade in btl property (an SPV) I would be able to take £5K per year in dividends tax free from company profits - would I also be able to draw a directors salary from the company (PAYE) - or because it was a SPV would this prohibit me from doing so. Might seem a stupid question but can't find the answer anywhere. Thanks in advance Mike
  7. Hi Folks A quick question regarding transfer of a privately owned property into a LTD company. The property I want to transfer is without any mortgage so I guess that all that remains to be done is for a solicitor to register the property in the company's name at the land registry office. Has anyone done this before? Any idea how much I should budget for? And also when it comes to the stamp duty, will I have to pay for a valuation? and what stage of the process would I need to do this? I'm an 'accidental landlord', but now that the mortgage is fully paid off I'm looking to upscale using leverage to get a portfolio together and I don't want to get hammered by S24 further down the line, so am transferring my property to a LTD company. Any advice would be greatly appreciated! Thanks!
  8. Good afternoon hubbers, I'm new to property having arrived back in the UK in August after working overseas for close to eight years, and currently trying to absorb all I can - including getting through as many of the podcasts and streams of posts on this forum! Initially I'm looking to flip, build my knowledge and expertise, and gradually move to the 'recycle cash' approach. Starting point is the South Wales area. In setting up, would really appreciate recommendations for the following: an accountant in/around the Cardiff area with expertise in property who can provide tax and company set up advice; and local solicitors and mortgage brokers. Also, thoughts on whether it is better/more efficient if the above (accountant, solicitors, broker etc.) are in close proximity to where you are based or not? Or whether the key is the quality of the advisers and with email, phone, Skype etc., you can work around any distance. Thanks in advance, and look forward to your thoughts, Helen
  9. Hi guys, Can anyone recommend any solicitors that understand/ specialise in Lease Option Agreements? Not particularly precious on where they're based. Thanks in advance
  10. Hi There, My fiancee and I have recently gotten into property investment and are finding our feet. It is an amazing journey thus far and this community has been very helpful. Through some hard work and persistence, we have found three very desirable properties that are part of a deceased estate. There are four siblings which have turned over the properties to a solicitor to handle. We have made contact with one of the siblings and are now preparing to contact the solicitor directly. Any pointers on how to get these properties before they go on the open market? They all need a bit of refurbishment done to them (some more than others). We would appreciate any wisdom and experience anyone may be able to offer! Thank you, C&L
  11. Hi guys, I'm looking for recommendations for reliable & professional solicitors who specialise in buy to let mortgages for landlords that are (i) Self employed and (ii) purchasing via an SPV. Finding it tricky finding to find any so far, therefore your recommendations are much needed! Thanks
  12. Hi everyone, I'm buying some flats in Liverpool and they were completed a few months ago. The lender solicotor is asking for formal confirmation from Liverpool City Council that the flats have been build to the plans. It is of course a contractual obligation of the developer that the plans have been complied with and usually solicitors will take a view on this, but not in this case. So I have been waiting for a months now for Liverpool City Council to get back to my solicitors to confirm this. I'm pushing my solicitor, but nothing is moving. Has anyone else experienced anything similar. Can anyone with more experience advise me how I can try to push things forward? Thanks!
  13. Hi everyone, I'm buying some flats in Liverpool and they were completed a few months ago. The lender solicotor is asking for formal confirmation from Liverpool City Council that the flats have been build to the plans. It is of course a contractual obligation of the developer that the plans have been complied with and usually solicitors will take a view on this, but not in this case. So I have been waiting for a months now for Liverpool City Council to get back to my solicitors to confirm this. I'm pushing my solicitor, but nothing is moving. Has anyone else experienced anything similar. Can anyone with more experience advise me how I can try to push things forward? Thanks!
  14. Hello Anyone can refer reliable property professionals (builders, solicitors, tax advisers etc.) to build up my power team in Manchester, please? Many thanks Sara
  15. Hi, Does anybody have any recommendations for each of the above? I will be using a LTD company to purchase properties and own two other limited companies that I am contemplating using the Loan between LTD companies method so would like an accountant that could potentially advise on that. Thanks in advance for any tips Cheers, Rick
  16. Hi, Does anybody have any recommendations for each of the above? I will be using a LTD company to purchase properties and own two other limited companies that I am contemplating using the Loan between LTD companies method so would like an accountant that could potentially advise on that. Thanks in advance for any tips Cheers, Rick
  17. Hi forum members, I'm based in London but looking to invest in a BTL in manchester. Can anyone recommend a conveyancing solicitor based in the area? Many thanks
  18. Hi Everyone I've had an offer accepted on a flat in Norwich. Does anyone have recommendations for solicitors in the area? Thanks for your suggestions regards, Chris
  19. Hi all. Sorry for the length of this and thanks in advance for reading - please excuse the grammer/spelling, I am writing this on my phone. I recently purchased a property at auction that was already tenanted. The legal pack contained an AST for 12 months from April 2015 with the tenants name and landlords names blanked out (a common occurrence in auction sales I am led to believe). I wanted to purchase the property due to it already being tenanted and yielding an income. When I viewed the property prior to auction I knocked on the door to view and it seemed the tenants weren't in. I proceeded anyway due to knowing what these properties are like inside (I own one already that backs onto this one) and, it had recently been renovated, the proof being; the auction catalogue spiel said so, the new electrical installation cert, new boiler and radiator installation receipt and double glazed window receipts, that were all included in the legal pack. The trouble I am having is that on completion I was not provide with the original AST or even an copy without the names blanked out. When I queried the solicitor as to whether they had a copy, they replied, No we didn't receive it from the vendor. Therefore I do not have any details about the tenant - not even their name. On completion i served the tenant with a Section 48 notice of the Landlord and Tenant Act 1987, telling the tenant who I was and my address along with a letter from me introducing myself and telling them to now pay their rent to me. The notice and a letter were sent recorded delivery but the tenants weren't in and they haven't collected the letter from royal mail as of yet, almost 2 weeks later. I have not been to the property yet as it is not close to where I live, however I will be making a trip up this weekend. My question is, should the solicitors have allowed me to complete even though they hadn't received originals of the AST? As it was part of the legal pack, be it a redacted copy, I thought it would have formed part of the contract and they should have had it before completing? I am beginning to think that there are no tenants at the property at all and the AST was fabricated to make the property look more attractive at auction. I will hopefully know tomorrow when I visit but was hoping for some advise and maybe some suggestions before then. Thanks
  20. Hi Originally from the North West but also spent time as a kid in North East but then lived and worked in Birmingham & London before stints in Hong Kong, Malaysia & now Singapore Dabbled in BTL for quite a while but never had the time to take it seriously while building a more conventional corporate career. Set myself a goal of making time in 2015 and now moving from the early research phase into more serious planning and then action later in the summer. Many questions still to be asked re location, tax, building a team, financing, flipping vs BTL or combination of the two etc etc. Looking forward to meeting up with a few of you at the PH Summit in London on 26th July. In the meantime, does anyone out there have good knowledge or contacts in the Banbury/Bicester (M40 J10-J6 corridor) for Agents, Auctions, Trades, Solicitors etc Similarly If any of you have any questions re Singapore or Asia in general I'll be happy to help if I can - but don't look at the property prices in SG - it'll make your eyes water ! Tim
  21. Hi, I currently live in Edinburgh and am looking to purchase my first property (see my Edinburgh Intro post ). I was wondering if anyone had any good or bad experiences with solicitors in Edinburgh? There are loads of solicitors and knowing which are good is hard to find by research alone. Similarly if anyone had any experiences (good or bad) with mortgage brokers in the same area that would be great. I have been testing the waters but some personal experience would be welcomed for a property beginner like myself. Likewise, if anyone has advice and pointers from outwith Edinburgh this would also be greatly appreciated. Cheers, Mikey
  22. Hello everyone! I have a very unusual property law case. I have been trying to get advice from about dozen of various property law solicitors as well as taking some actions but unsuccessfully and no one knows what to do with it…. In 2007 my husband and I bought a leasehold property (1st floor maisonette) with a converted loft. The loft was converted in 2004. When we bought the property it was repossessed. We used recommended solicitors, who were based in Scotland. Only after the purchase was sealed I found out that the loft had a separate title and what’s worse it was not transferred into our names. We have ended up with a flat that is registered in our names and the loft in the name of the previous owner. He was repossessed when we bought the property and cannot be found (I used solicitors/detectives to track him down). I desperately want to correct the title but I’ve not been able to do it for the last 5 years! As we spent a few years trying to investigate the situation, we now know this: · One of the previous owners obtained a new lease from the landlord (Greenwich Council) for the loft and converted it – without planning permissions in 2004. · He subsequently sold the property that had two titles (one for the flat and one for the loft) to an Italian chap. Both titles were transferred correctly · In 2006 the Italian bloke got repossessed · We bought the place in 2007. As the property was repossessed our solicitors were dealing with the company that took the premises over. It seems that the bank that had charges over the property didn’t realise that there were two titles. As a result my solicitors were never made aware of any separate title and they only transferred the flat title into our names. In order to rectify the title we’ve already tried: · Contacting Land Registry – they refused to help · Contacting the landlord (Greenwich Council) – they refused to help. I asked them to cancel the lease they granted to one of the previous owners as they breached the lease conditions by converting the loft without seeking planning permissions. · Had a court case but the judge overruled our right to the loft simply because the previous owner cannot be found….We are still puzzled. The previous owner has no rights as he got repossessed – it included the loft…. · Asking my solicitors for help – they got into administration since. In any case they don’t think it was their fault as they were dealing with the bank who repossessed the property and it seemed the bank itself didn’t realise about the two titles. The bank sold the flat to us only but consequently they removed the charges from the loft as we approached them and asked to do so. · My solicitors who are now into administration were trying to help by giving me an insurance policy to cover any problems with a potential claim to the loft by the Italian chap should he miraculously turned up. They assured me it would be enough to sell the property. Two years ago we wanted to sell but it fell through as a mortgage provider refused to give mortgage to our buyers. This was because of the loft issue…. I should add that there is no separate entrance to the loft. The only way to enter the loft is via a staircase that is inside my flat. It seems like a very silly error but it causes me a lot of grief and it means we are stuck with this property for a mistake that was not made on our part… I just desperately want to correct the title. I’ve been told that I could try after living in property for 10 years – to make an application to the Land Registry and use ‘Adverse Possession law’. It means that I have to wait for a lot longer and besides I don’t know what my chances of having the application being successful are…. Do I have any other options???? Thanks so much in advance!
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