Tier4Dependant:
But old build was once a new build

Meaning these new builds will become an old build someday

I don confuse sef 🤦‍♂️

In theory, yes....... But in the true sense of the word...... NO.......😂

Those new builds, would remain new builds, but just older.........

Old builds are the victorian buildings...... 🧓

Santa2:


Thanks for this info..also came across someone who was given 5%, flooring and kitchen upgrade, I plan to take this up with the developers we are speaking. Hopefully we come out fruitful. We no gree for anybody this year

Chidera on Youtube?

Hello,

Please gurus in the house, please help me out in this dilemma.

Upon conducting a property search, indications emerged that the property we intend to purchase may be situated in a coal mining area. In response, our solicitors requested £48 to conduct a specialized coal mining search, to which we promptly complied. Despite our request for updates, the solicitors have communicated that they will provide information on the search when they are in a position to do so.

On a parallel note, our broker is wants to proceed with the submission of the mortgage application. Their procedural policy entails collecting broker fee post-submission. However, the solicitors have not yet furnished us with the outcome of the coal mining search.

Given this situation, we are now faced with the decision of whether to proceed with the broker to submit the mortgage application. It's crucial to bear in mind that the broker's fee is non-refundable. What course of action would be advisable in light of the pending information from the solicitors?

Zimzee:
Hello,

Please gurus in the house, please help me out in this dilemma.

Upon conducting a property search, indications emerged that the property we intend to purchase may be situated in a coal mining area. In response, our solicitors requested £48 to conduct a specialized coal mining search, to which we promptly complied. Despite our request for updates, the solicitors have communicated that they will provide information on the search when they are in a position to do so.

On a parallel note, our broker is wants to proceed with the submission of the mortgage application. Their procedural policy entails collecting broker fee post-submission. However, the solicitors have not yet furnished us with the outcome of the coal mining search.

Given this situation, we are now faced with the decision of whether to proceed with the broker to submit the mortgage application. It's crucial to bear in mind that the broker's fee is non-refundable. What course of action would be advisable in light of the pending information from the solicitors?

https://www.gov.uk/check-if-property-is-affected-by-coal-mining

Have you informed your broker, about the possibility of coal mining report........

Another much better property, is always around the corner.........

Hope you're aware of the consequences of buying a property, from an area exposed to coal + implications on your proposed building insurance...........

Lexusgs430:


https://www.gov.uk/check-if-property-is-affected-by-coal-mining

Have you informed your broker, about the possibility of coal mining report........

Another much better property, is always around the corner.........

Hope you're aware of the consequences of buying a property, from an area exposed to coal + implications on your proposed building insurance...........

Thank you, @lexusgs430, for the prompt response. Please enlighten me more. I followed the link you and checked out the property, it still says the same exact thing as the search report. I'll discuss this with my broker in the morning.

Given your property expertise, do you recommend searching for another property, regardless of the coal search outcome?
Also, going through the search report like a storybook, and there's this RADON thing that the solicitor didn't mention. It says, "1-3% of homes here might have higher radon levels." Is this a big deal or just a tiny twist in our home-buying adventure?
Me I am confuse oo.

Just saw these articles

https://www.comparemymove.com/advice/conveyancing/buying-house-in-mining-area#

https://www.gov.uk/check-if-property-is-affected-by-coal-mining

There are many options... you don't have to buy the house even if it fits all your criteria.. the risks the mining area comes with .. hmmm

Zimzee:
Hello,

Please gurus in the house, please help me out in this dilemma.

Upon conducting a property search, indications emerged that the property we intend to purchase may be situated in a coal mining area. In response, our solicitors requested £48 to conduct a specialized coal mining search, to which we promptly complied. Despite our request for updates, the solicitors have communicated that they will provide information on the search when they are in a position to do so.

On a parallel note, our broker is wants to proceed with the submission of the mortgage application. Their procedural policy entails collecting broker fee post-submission. However, the solicitors have not yet furnished us with the outcome of the coal mining search.

Given this situation, we are now faced with the decision of whether to proceed with the broker to submit the mortgage application. It's crucial to bear in mind that the broker's fee is non-refundable. What course of action would be advisable in light of the pending information from the solicitors?

Hello,

Gurus in the house, please can I apply for home insurance myself, my broker’s quote is up there.

Please find attached quotes for:

Building and contents insurance (including accidental damage) - £42.64 per month
Level life cover - joint - £24.36 per month
or
Decreasing life and critical illness cover - joint - £123.06 per month

mohtunrahyor:
Hello,

Gurus in the house, please can I apply for home insurance myself, my broker’s quote is up there.

Please find attached quotes for:

Building and contents insurance (including accidental damage) - £42.64 per month
Level life cover - joint - £24.36 per month
or
Decreasing life and critical illness cover - joint - £123.06 per month

Sure.... Compare the market to get alternative quotes.....

You must NEVER accept the first quotes, you must seek alternatives to compare....... Most brokers also receive a commission and would attempt to sell snow, to polar bears or huskies....... ❄️🐻😂

Lexusgs430:


Sure.... Compare the market to get alternative quotes.....

You must NEVER accept the first quotes, you must seek alternatives to compare....... Most brokers also receive a commission and would attempt to sell snow, to polar bears or huskies....... ❄️🐻😂

Thanks you so much @lexusgs430

I won’t accept ridiculous quotes when I have you and other gurus here 😁

mohtunrahyor:


Thanks you so much @lexusgs430

I won’t accept ridiculous quotes when I have you and other gurus here 😁

The only insurance you really need are.....

- Building and content (should not exceed £22 pcm)....

- Life insurance ( depending on age and health status), possibly £18 each or near enough.....

On this journey and hopefully I'll be back soon to share my testimony.

Lexusgs430:


The only insurance you really need are.....

- Building and content (should not exceed £22 pcm)....

- Life insurance ( depending on age and health status), possibly £18 each or near enough.....

Adding building and content insurance to your car insurance reduces the premium very well.

hi hi, i think i have asked something around this but will try and twist the question

For a tenancy with break clause, If you have to give landlord at least one month notice, and you have a completion date that fits the one month period before you end tenancy, is it okay to trust the completion date and send in the one month notice as soon as possible?

profemebee:
hi hi, i think i have asked something around this but will try and twist the question

For a tenancy with break clause, If you have to give landlord at least one month notice, and you have a completion date that fits the one month period before you end tenancy, is it okay to trust the completion date and send in the one month notice as soon as possible?

It might backfire on you...... But you need to give the notice period.....

What you do is, seek alternative bridging accomodation arrangements, incase completion, refuses to complete.......😂😜

profemebee:
hi hi, i think i have asked something around this but will try and twist the question

For a tenancy with break clause, If you have to give landlord at least one month notice, and you have a completion date that fits the one month period before you end tenancy, is it okay to trust the completion date and send in the one month notice as soon as possible?

You have over analysed this thing. Best thing, complete then give notice.

deept:


You have over analysed this thing. Best thing, complete then give notice.

So Oga go dey pay rent and pay mortgage, at the same time........

Oga wan execute perfect synchronization.......🤣😜

what can make completion not complete ?

i just have to give the 1month notice as a minimum according to tenancy agreement

Lexusgs430:


It might backfire on you...... But you need to give the notice period.....

What you do is, seek alternative bridging accomodation arrangements, incase completion, refuses to complete.......😂😜

just trying to sync this whole thing of rent and mortgage

deept:


You have over analysed this thing. Best thing, complete then give notice.

you get am

Lexusgs430:


So Oga go dey pay rent and pay mortgage, at the same time........

Oga wan execute perfect synchronization.......🤣😜

profemebee:
what can make completion not complete ?

i just have to give the 1month notice as a minimum according to tenancy agreement

- Chain
- Unforseen circumstances

profemebee:
you get am

For the first 30/60 days...... Allow for some financial shock, till all balances.......😂

Another much better property, is always around the corner.........

I did need to hear this. Thank you

it is a new build, therefore no chain.. and the house is already built .. just additions like dishwasher/washing machine, wardrobes and snagging list survey to be done

Lexusgs430:


- Chain
- Unforseen circumstances

profemebee:
it is a new build, therefore no chain.. and the house is already built .. just additions like dishwasher/washing machine, wardrobes and snagging list survey to be done

Unforeseen circumstances nko........ 😜😂👌

missjekyll:


Another much better property, is always around the corner.........

I did need to hear this. Thank you

Loud it....... 🤣😍

i understand, but i have to give at least one month notice which works well with the completion date

If i don't give, then that means another month of rent and then mortgage kicking off simultaneously

anyone with experience where completion date wasn't met?

Lexusgs430:


Unforeseen circumstances nko........ 😜😂👌

Good afternoon all.

Thank you to everyone that have been sharing valuable information here.

Please, i just want you to guide me on the next line of action. I viewed a property and the owner is happy to accept my offer. I have already gotten a AIP from Natwest. Please, what is the next line of action as the agent asked me to submit our documents.

I know we talked about Mortgage advisor, Solicitor and Surveyor . At what point will each of this people come into the process.

Thank you

profemebee:
it is a new build, therefore no chain.. and the house is already built .. just additions like dishwasher/washing machine, wardrobes and snagging list survey to be done

Actually new builds are notorious for delays. We had about three weeks of delay, ranging from timing of NHBC inspection, an item on the roof which has been ordered but wrong size etc.. Had to arrange for an airbnb as our rent has expired and not planning to sign a new contract.

Infact, most builders won't commit to an exact completion date until 3 weeks before the time.

NHBC inspection? thought that happens very early in the process

kaiii.. airbnb for 3weeks

where did you keep your house items?

thanks for letting me know and sorry about your experience..

how has the new build experience been tho?

Stevepop:


Actually new builds are notorious for delays. We had about three weeks of delay, ranging from timing of NHBC inspection, an item on the roof which has been ordered but wrong size etc.. Had to arrange for an airbnb as our rent has expired and not planning to sign a new contract.

Infact, most builders won't commit to an exact completion date until 3 weeks before the time.

profemebee:
NHBC inspection? thought that happens very early in the process

kaiii.. airbnb for 3weeks

where did you keep your house items?

thanks for letting me know and sorry about your experience..

how has the new build experience been tho?

There is a final inspection from NHBC once everything is completed and ready to be moved into. We put our stuffs in storage for the period. It was a stressful period but all in the past now. It's been two months since we moved in and the experience have been good so far, developer (barratts) has really been responsive in rectifying issues (all minors and nothing major).

Hello everyone.
Thank you for your constant updates and information on this page.

Please I would like to know if there’s any restrictions with adding an extra bathroom to a purchased home? So, I have been seeing nice and affordable 3 bed and 4bed houses but the wahala is the 1 bath that comes with it 😅. I was wondering if it is possible to buy this type of house and then have builders fix or create an extra bathroom in such houses? Is this allowed?

All providers or just your current one?

ukay2:


Adding building and content insurance to your car insurance reduces the premium very well.