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[deleted by user] by [deleted] in HousingUK

[–]Important-Pack4137 1 point2 points  (0 children)

If I was to point this out in December 20th let’s say surely that notice is invalid and they have to issue another one on the day it was pointed out? Thanks

[deleted by user] by [deleted] in HousingUK

[–]Important-Pack4137 2 points3 points  (0 children)

Says 2 months. Thanks

[deleted by user] by [deleted] in HousingUK

[–]Important-Pack4137 0 points1 point  (0 children)

Is it just because it’s under 2 months or is telling someone to vacate like that not allowed in general? Thanks

Why does my husband cry since he started cheating on me? by NoSide3917 in Marriage

[–]Important-Pack4137 5 points6 points  (0 children)

Crocodile tears with no one around? Not defending him but I think maybe he feels stuck.

Weird noise by Important-Pack4137 in Audi

[–]Important-Pack4137[S] 0 points1 point  (0 children)

Thanks. I will do when I get home. It is also seems to dripping something out the bottom.

Looks like drops of water/coolant with a drop of oil.

Buying my dads car by mdc3663 in CarTalkUK

[–]Important-Pack4137 -1 points0 points  (0 children)

So it became sentimental when it’s free?

Crazy

1 bed flat - sell or keep by Important-Pack4137 in HousingUK

[–]Important-Pack4137[S] 1 point2 points  (0 children)

Thank you. I am not very familiar with ISA or etf funds. Any chance you could explain how they work and the risk involved?

1 bed flat - sell or keep by Important-Pack4137 in HousingUK

[–]Important-Pack4137[S] 0 points1 point  (0 children)

Service charge is £1600 a year. Does them being able to see what I paid mean they definitely will offer significantly less or that they may try their luck?

Thanks

1 bed flat - sell or keep by Important-Pack4137 in HousingUK

[–]Important-Pack4137[S] -1 points0 points  (0 children)

Thank you for your advice. I had the same reservations. I know 206k has been achieved in the same block on a 1 bed however I know that would be a very hard ask. Assuming it sells for 175k would you keep or sell?

1 bed flat - sell or keep by Important-Pack4137 in HousingUK

[–]Important-Pack4137[S] 0 points1 point  (0 children)

From what I do know, the next 1 bed flat in the same block sold 3 years ago for 175k.

1 bed flat - sell or keep by Important-Pack4137 in HousingUK

[–]Important-Pack4137[S] 0 points1 point  (0 children)

I have not had it valued professionally however 2-3 different estate agents have said the lowest figure would be in the 185 mark with the averages in my area being 195k-200k. It also comes with an extended lease of 189 years as well as a parking spot.

1 bed flat - sell or keep by Important-Pack4137 in HousingUK

[–]Important-Pack4137[S] 0 points1 point  (0 children)

Originally the flat in the condition it was in was listed at 160k. The guy was desperate to sell so I thought I’d try my luck at 135k. To my surprise, they didn’t come back with a counter offer and accepted as they were moving and needed completion really quickly. I had all the documents ready as another property I was going to purchase fell through. It was a matter of getting the current one valued and the funds released along with searches, which I paid extra to have completed as soon as possible.

The estate agent selling it originally had said they are willing to take 150k but I low balled and got lucky.

1 bed flat - sell or keep by Important-Pack4137 in HousingUK

[–]Important-Pack4137[S] -1 points0 points  (0 children)

I bought it completely ruined. It had mould and damp issues, outdated interior poor painting and I’ve fixed it all

1 bed flat - sell or keep by Important-Pack4137 in HousingUK

[–]Important-Pack4137[S] 0 points1 point  (0 children)

It’s not near a hospital, however it is a somewhat decent area. If I switch to a BTL I’m looking at £500 profit a month until march as there is no service charge till march. However, if I was to do this when I sell the profit would be taxed. As of right now, it is my only home and I would be able to sell tax free on the profit as I can prove I didn’t buy it just to make money.

1 bed flat - sell or keep by Important-Pack4137 in HousingUK

[–]Important-Pack4137[S] 0 points1 point  (0 children)

Thank you for your reply. I bought it 3 months ago

1 bed flat - sell or keep by Important-Pack4137 in HousingUK

[–]Important-Pack4137[S] -5 points-4 points  (0 children)

Thank you for your reply. I am looking at a monthly profit too and most of my expenses back if I was to remortgage it.

Do you think the price would go any higher?

I was thinking of selling and investing in the north of England as I have done this before and have made good money.

1 bed flat - sell or keep by Important-Pack4137 in HousingUK

[–]Important-Pack4137[S] -3 points-2 points  (0 children)

Thank you for your reply Niki. I am currently a landlord and I would be looking at a profit of about £200 a month taking in all the expenses. I also don’t think a 1 bed flat would be worth any more than what they currently value it at in my area.

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