I need to sabotage a bid.
Discussion
Prizam said:
Great news!
How does the stamp duty work on this? You already own a 2nd property... but are moving one house for another. the new one will be classed as a 2nd property again. Even though the total number of owned properties has not increased.
Are you subjected to the additional 3% 2nd property stamp duty?
Not sure of the circumstances here, but if it's a main residence then you won't pay the additional 3% (which it sounds like it will be in this case).How does the stamp duty work on this? You already own a 2nd property... but are moving one house for another. the new one will be classed as a 2nd property again. Even though the total number of owned properties has not increased.
Are you subjected to the additional 3% 2nd property stamp duty?
You can also buy a second property and apply for a refund of the extra stamp duty if you sell your main residence and move in before a certain time limit - I think it's 3 years.
This has so many echoes of what I went through a year ago.
We had not long finished doing up our flat in stoke newington to a high standard, but for a while have been keeping an eye on properties in st albans knowing that eventually we wanted to move there.
Nothing decent for sale for months on end, then all of a sudden our dream home on our dream road popped up for sale.
We saw it the day it went on the market and within a week we marketed our place, got a chain free full asking offer, sorted our mortgage and won a bidding war on the new place with 11 other interested buyers.
It was a nail biting time, we stretched ourselves massively, but we are now in a house we can see ourselves in for a very very long time.
Good luck with it all and I hope it works out for you!
We had not long finished doing up our flat in stoke newington to a high standard, but for a while have been keeping an eye on properties in st albans knowing that eventually we wanted to move there.
Nothing decent for sale for months on end, then all of a sudden our dream home on our dream road popped up for sale.
We saw it the day it went on the market and within a week we marketed our place, got a chain free full asking offer, sorted our mortgage and won a bidding war on the new place with 11 other interested buyers.
It was a nail biting time, we stretched ourselves massively, but we are now in a house we can see ourselves in for a very very long time.
Good luck with it all and I hope it works out for you!
In a fit of PH-inspired foolishness, I decided that another renovation needed something a bit more practical than the Aston.
So I bought this (ignore the grim 20 inch wheels - it is going back on the original 17s).
Perfect, original 1994 E320 Sportline convertible with factory fitted AMG body kit. Clearly a practical renovation enabling car.
Lady F is not cross, she's just rolling her eyes. She sent me out to get a tip car to replace our buggered old Focus. I came back with this. Not fit for purpose. But I have been stalking it and chatting to the owner for a while, and I felt like I deserved it...
So I bought this (ignore the grim 20 inch wheels - it is going back on the original 17s).
Perfect, original 1994 E320 Sportline convertible with factory fitted AMG body kit. Clearly a practical renovation enabling car.
Lady F is not cross, she's just rolling her eyes. She sent me out to get a tip car to replace our buggered old Focus. I came back with this. Not fit for purpose. But I have been stalking it and chatting to the owner for a while, and I felt like I deserved it...
Edited by Harry Flashman on Saturday 24th June 04:42
Our buyers came over yesterday and spent some time at the house. They were taking pictures and trying to work out what furniture to move in. The estate agent left early, so we spent a while talking to them ourselves.
Seemed nice, he is English, he South African. 2 kids and a dog. He was friendly but reserved. She was friendly and open about loving the house and the interior design, asking us if we would sell her quite a bit of the furniture and even some of Lady F's prized houseplants. I was explaining the renovation, and she repeatedly said "I can see you love this house, please don't change your mind" and words to that effect on several occasions. He said that he was looking forward to us being neighbours (house we are after is on the same street). She also said she was hoping for a September 1 completion, as she is really looking forward to having her birthday party here in October. She and I are also keen cooks, and she chellenged me to a cook off in this house when she has it, so I can show her round ths kitchen I designed.
She has a trust fund, the house is being bought from that fund (I wish I had a trust fund to buy us a house!!). So it looks like she is really the decision maker.
We exchanged details and I told them that if they had any questions to feel free to speak to me directly if they feel they need to.
It is too early to get optimistic, but I really hope that this all works...from their chat, they really seem to want to buy it...
Seemed nice, he is English, he South African. 2 kids and a dog. He was friendly but reserved. She was friendly and open about loving the house and the interior design, asking us if we would sell her quite a bit of the furniture and even some of Lady F's prized houseplants. I was explaining the renovation, and she repeatedly said "I can see you love this house, please don't change your mind" and words to that effect on several occasions. He said that he was looking forward to us being neighbours (house we are after is on the same street). She also said she was hoping for a September 1 completion, as she is really looking forward to having her birthday party here in October. She and I are also keen cooks, and she chellenged me to a cook off in this house when she has it, so I can show her round ths kitchen I designed.
She has a trust fund, the house is being bought from that fund (I wish I had a trust fund to buy us a house!!). So it looks like she is really the decision maker.
We exchanged details and I told them that if they had any questions to feel free to speak to me directly if they feel they need to.
It is too early to get optimistic, but I really hope that this all works...from their chat, they really seem to want to buy it...
Harry Flashman said:
Our buyers came over yesterday and spent some time at the house. They were taking pictures and trying to work out what furniture to move in. The estate agent left early, so we spent a while talking to them ourselves.
Seemed nice, he is English, he South African. 2 kids and a dog. He was friendly but reserved. She was friendly and open about loving the house and the interior design, asking us if we would sell her quite a bit of the furniture and even some of Lady F's prized houseplants. I was explaining the renovation, and she repeatedly said "I can see you love this house, please don't change your mind" and words to that effect on several occasions. He said that he was looking forward to us being neighbours (house we are after is on the same street). She also said she was hoping for a September 1 completion, as she is really looking forward to having her birthday party here in October. She and I are also keen cooks, and she challenged me to a cook off in this house when she has it, so I can show her round this kitchen I designed.
She has a trust fund, the house is being bought from that fund (I wish I had a trust fund to buy us a house!!). So it looks like she is really the decision maker.
We exchanged details and I told them that if they had any questions to feel free to speak to me directly if they feel they need to.
It is too early to get optimistic, but I really hope that this all works...from their chat, they really seem to want to buy it...
Looks like good news and my fingers remain crossed until legals are done!Seemed nice, he is English, he South African. 2 kids and a dog. He was friendly but reserved. She was friendly and open about loving the house and the interior design, asking us if we would sell her quite a bit of the furniture and even some of Lady F's prized houseplants. I was explaining the renovation, and she repeatedly said "I can see you love this house, please don't change your mind" and words to that effect on several occasions. He said that he was looking forward to us being neighbours (house we are after is on the same street). She also said she was hoping for a September 1 completion, as she is really looking forward to having her birthday party here in October. She and I are also keen cooks, and she challenged me to a cook off in this house when she has it, so I can show her round this kitchen I designed.
She has a trust fund, the house is being bought from that fund (I wish I had a trust fund to buy us a house!!). So it looks like she is really the decision maker.
We exchanged details and I told them that if they had any questions to feel free to speak to me directly if they feel they need to.
It is too early to get optimistic, but I really hope that this all works...from their chat, they really seem to want to buy it...
It's useful to be in contact with the buyers; with our move last year, we had silent buyers (tedious) and built up a pretty good relationship with the vendors of our house which was very useful (esp when trying to exchange around Brexit - that was fun...).
Trust fund to buy a house; if only...
EJH said:
Harry Flashman said:
Our buyers came over yesterday and spent some time at the house. They were taking pictures and trying to work out what furniture to move in. The estate agent left early, so we spent a while talking to them ourselves.
Seemed nice, he is English, he South African. 2 kids and a dog. He was friendly but reserved. She was friendly and open about loving the house and the interior design, asking us if we would sell her quite a bit of the furniture and even some of Lady F's prized houseplants. I was explaining the renovation, and she repeatedly said "I can see you love this house, please don't change your mind" and words to that effect on several occasions. He said that he was looking forward to us being neighbours (house we are after is on the same street). She also said she was hoping for a September 1 completion, as she is really looking forward to having her birthday party here in October. She and I are also keen cooks, and she challenged me to a cook off in this house when she has it, so I can show her round this kitchen I designed.
She has a trust fund, the house is being bought from that fund (I wish I had a trust fund to buy us a house!!). So it looks like she is really the decision maker.
We exchanged details and I told them that if they had any questions to feel free to speak to me directly if they feel they need to.
It is too early to get optimistic, but I really hope that this all works...from their chat, they really seem to want to buy it...
Looks like good news and my fingers remain crossed until legals are done!Seemed nice, he is English, he South African. 2 kids and a dog. He was friendly but reserved. She was friendly and open about loving the house and the interior design, asking us if we would sell her quite a bit of the furniture and even some of Lady F's prized houseplants. I was explaining the renovation, and she repeatedly said "I can see you love this house, please don't change your mind" and words to that effect on several occasions. He said that he was looking forward to us being neighbours (house we are after is on the same street). She also said she was hoping for a September 1 completion, as she is really looking forward to having her birthday party here in October. She and I are also keen cooks, and she challenged me to a cook off in this house when she has it, so I can show her round this kitchen I designed.
She has a trust fund, the house is being bought from that fund (I wish I had a trust fund to buy us a house!!). So it looks like she is really the decision maker.
We exchanged details and I told them that if they had any questions to feel free to speak to me directly if they feel they need to.
It is too early to get optimistic, but I really hope that this all works...from their chat, they really seem to want to buy it...
It's useful to be in contact with the buyers; with our move last year, we had silent buyers (tedious) and built up a pretty good relationship with the vendors of our house which was very useful (esp when trying to exchange around Brexit - that was fun...).
Trust fund to buy a house; if only...
Mr Pointy said:
Harry Flashman said:
So it looks like she is really the decision maker.
You might consider throttling back the over-sharing in a public forum. If I was the gentleman in question & saw that comment I might not be too thrilled & decide to mess you about a little.
k you liked about my relationship. I'd be too busy laughing to be worried.Mr Pointy said:
You might consider throttling back the over-sharing in a public forum. If I was the gentleman in question & saw that comment I might not be too thrilled & decide to mess you about a little.
True - but they were pretty open about the buying dynamic, and he seemed pretty successful in his own right, so I doubt ha has any issues. Nice chap. seemed pretty relaxed about life so hopefully a) won't be on here any time soon and b) if he does will see that we are trying to be a good seller.Harry Flashman said:
In a fit of PH-inspired foolishness, I decided that another renovation needed something a bit more practical than the Aston.
So I bought this (ignore the grim 20 inch wheels - it is going back on the original 17s).
Perfect, original 1994 E320 Sportline convertible with factory fitted AMG body kit. Clearly a practical renovation enabling car.
But... is it an auto?! So I bought this (ignore the grim 20 inch wheels - it is going back on the original 17s).
Perfect, original 1994 E320 Sportline convertible with factory fitted AMG body kit. Clearly a practical renovation enabling car.
Congratulations on the new house!
Thanks - but may an obstacle still on this sale. Major one really is the vendor of the property we want fitting kitchen and bathroom to make it mortgageable, and our mortgage company accepting that it is habitable for their purposes.
Vendor knows he needs to do it, but we are totally at the mercy of his timescale, and his work being enough for our mortgage lender...
As I said: amazing if this all works, and massively unexpected. If it does not, we get to stay in the house we just renovated, which would be no bad thing.
And I am afraid it is an auto - but I injured my knee this spring, and driving a manual car in London is difficult post operation, with another procedure and months of rehab to go. Wafty old auto Mercedes? Perfect.
Vendor knows he needs to do it, but we are totally at the mercy of his timescale, and his work being enough for our mortgage lender...
As I said: amazing if this all works, and massively unexpected. If it does not, we get to stay in the house we just renovated, which would be no bad thing.
And I am afraid it is an auto - but I injured my knee this spring, and driving a manual car in London is difficult post operation, with another procedure and months of rehab to go. Wafty old auto Mercedes? Perfect.
Harry Flashman said:
In a fit of PH-inspired foolishness, I decided that another renovation needed something a bit more practical than the Aston.
So I bought this (ignore the grim 20 inch wheels - it is going back on the original 17s).
Perfect, original 1994 E320 Sportline convertible with factory fitted AMG body kit. Clearly a practical renovation enabling car.
Lady F is not cross, she's just rolling her eyes. She sent me out to get a tip car to replace our buggered old Focus. I came back with this. Not fit for purpose. But I have been stalking it and chatting to the owner for a while, and I felt like I deserved it...
Love this car! Did you buy it privately just by approaching the driver? Is the paintwork original? Do you mind sharing what you paid? So I bought this (ignore the grim 20 inch wheels - it is going back on the original 17s).
Perfect, original 1994 E320 Sportline convertible with factory fitted AMG body kit. Clearly a practical renovation enabling car.
Lady F is not cross, she's just rolling her eyes. She sent me out to get a tip car to replace our buggered old Focus. I came back with this. Not fit for purpose. But I have been stalking it and chatting to the owner for a while, and I felt like I deserved it...
Edited by Harry Flashman on Saturday 24th June 04:42
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