₦airaland Forum

deept:
Absolutely normal. Write down the pros and cons, what you like and do not like. What you can compromise on, the price, do you see yourself living there, short term/long term, the area, potential etc. At the end of the day you will have to make your decision and live with it

Buying a house is a lot of mental and emotional work. I am in the process of buying one right now, some days i absolutely love the property, some days i'm not excited about it.

there is no perfect property, unless you have unlimited GBP. if you want perfect you'll have to build it.

Thank you. This is soul lifting for me.

Good morning everyone just a little rant or missed feeling and I need some counselling from elders here, is this feeling normal? I’m not so excited about the purchase of the property. The house is a 5year old building with 3 spacious bedrooms 2bathrooms and a WC downstairs . Medium size kitchen and a long sitting room, a large garden and a garage. The deposit is not an issue at all but I’m not excited is this normal ?
Rant ends

kwakudtraveller:
You could call them and ask for a 5-10% discount. I got a level 3 survey for £560 and it was money well spent.

@ Ticha, thank you very much for your advice, you are a gem on this forum. I got the seller to cut off £10,000 from the property after the survey. My Iyawo is very happy to be getting her dream home. 🙏🏿

Okay I will call them.
Thank you

Lexusgs430:
It's a free market, get 2/3 more quotes...... But that price seems fair......

Thank you I will get more quotes and compare. Thanks for all you do on this thread.

Good evening everyone please I got a quote for level 2 survey for £535 is this the cost or do I look for another quote ?

Ticha:
You're good to go with survey then! Good luck and wishing you all the best and lots if patience (if you're in England and Wales)

Thank you so much
In England and have added Patience to my name. Hahaha

Ticha:
Have offer accepted. Apply for mortgage and instruct solicitor (usually within days), then once you know the mortgage is in the bag, instruct a surveyor. There's no point doing a survey if the mortgage isn't guaranteed.

Mortgage is guaranteed and offer accepted. Thank you

Good morning everyone please at what stage do I carry out a survey during house purchase ?

Ticha:
The solar panels are leased then. Banks don't like that as it means someone else also has security over the property. It's worth digging more into that. Unfortunately I don't have much experience around where else to get more information except from a solicitor and that will cost you.

Unless you really, really love the house and it's only affordable one, I'll move on.

PS - the government does not install the panels. If people are on certain benefits, they can receive a grant to enable them install solar panels/ heat pumps to increase EPC etc. It's usually a partial payment towards the total costs. So the vendor's language is a bot of a red herring. Thread softly

Oh I’m grateful for this . Thank you . Thank you

Ticha:
Our current home is over 100 years old!
In terms of what to buy:
Affordability - this is the koko.
Location
House size
Your appetite for renovation - time and funds
All the rest will fall into place.

Solar panels -
1. Ensure the home owner owns the panels and they haven't leased the roof to the energy company. As that can present challenges with a mortgage.
2. Check how long ago it was installed - older ones have a 10 year ish self life. How big the battery is. Does it store electricity (better if it does as you can then sell back to the grid)

Like the owner mentioned the solar was installed by the government 10years ago, no idea of the battery size but I can find out. Thank you so much

Here is the 1st paragraph of the letter from the owner regarding the solar panel :

As our airspace leasehold interest is on a separate title number there are no formal requirements with any assignment in respect of the sale of the property. The freehold title of the property has the schedule of Lease in connection with the solar panels within the title and the purchasers therefore take the title to the property with the benefit of the solar panels under the terms of the airspace leasehold interest granted to us.

jedisco:
Hehe... 20 yrs is almost 'new build'. This is the UK where houses of 100 yrs are sought after.
The best building depends on your pocket and needs.

Thanks for your input
The reason I’m asking questions is that is our first home and we don’t want to make mistakes as well. And the property have solar panels installed as this a concern please ?

Good evening experience elders please is it advisable to buy a house that is over 20years still in a good condition and has solar panels as well, and can I be advised of best building or property to go for. Thank you everyone
Cc everyone

solveabode:
Check gov.uk. it will state all you need to do to improve the EPC rating including estimated cost.

Thank you so much for this information.

Good morning everyone , there is this property I love rooms are spacious and with 2bathroom but the EPC rating is D, if bought is there anything I can do to improve the EPC rating from D to B. Thanks everyone

Good afternoon everyone I am in need of a business analyst job have applied to over 200jobs and no head way. Please if anyone can assist please I would appreciate. Thank you

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jedisco:
I used moneybox for cash LISA and Dodl for S&S LISA. Both solid

Thank you

Advision:
This should be dependent on the value of the property, not just for those earning 100k.

I got a mortgage as a sole earner on a salary less than 100k from Barclays also on a skilled worker visa and 10% deposit.

Dont rely on what the bank brokers tell you, get a broker from the open market, they are more resourceful and effective at getting mortgages for people.

Thank you so much

jesmond3945:
for visa holders

Thank you

missb50:
Go to Barclays OR Halifax (If you (+ your partner) earn up to 100k a year)

100k per annum is their criteria ?

deept:
Might have to talk to a broker. I would recommend http://the-mortgagestore.co.uk/

Thank you will speak to them now.

jesmond3945:
it is what is. Unless you have 10 percent deposit you can check barclay.

Thank you I will check.

Good afternoon everyone, am about to start my mortgage process so I reached out to my bank Lloyd bank and they insist their mortgage criteria is ILR and I’m just 2years here. Can I be advised how to go about this please, I am heartbroken.

LaXxOnebody:
Congrats!

Congratulations
Do you mind sharing the Lisa you used ? Is it Moneybox ?

Goodenoch:
Yes moneybox is very good.

Thank you so much

Good evening everyone I have read lot of success stories regarding LISA account. Can the LISA account be opened through an APP called money box? Or rather can someone please advise how to go about it? I am saving towards buying my first home in the UK. Thank you
@everyone