Originally posted by Scoobos
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
The chancellor considers ‘extending stamp duty holiday by six weeks’
Collapse
X
-
-
Another stupidity move from the government, imo.
Why they did this during a pandemic anyway is mental, when you are TRYING to keep people from mixing indoors, you're actively encouraging people to mix indoors to view, move etc. Exactly who is being protected here by trying keep a housing market stimulated at a time like this?
This would have been far better as a post pandemic recovery stimulus package - or am I missing something?
Taking up the side point of commitment and sales falling through, I think it would be ok for the seller to cancel if by the end of it the Seller has footed the risk and cost, but in England this isn't the case - you literally gamble thousands as a buyer. Or that's how it seemed to me anyway, I was shocked how risky it was as a cash buyer.Last edited by Scoobos; 16 February 2021, 13:36.Leave a comment:
-
Originally posted by ladymuck View PostSo you agree to buy / sell then a member of your family falls seriously ill and doesn't have long to live so you make a call to halt the process until you're in a better place and you're happy you should be contractually obliged to go through with it?
There are loads of reasons why sales fall through and I don't think anyone makes that decision lightly once they've started spending money on it.Leave a comment:
-
Originally posted by Lance View PostSo you'd buy a house based on a search that was 12 months out of date?
Who do you think would lend you the money?
And if I knew the area, yes. It's easy to keep up to date on planning applications in your area yourself.Leave a comment:
-
Originally posted by mattster View PostThe real issue with the process IMO is that you can spend months of your time, and thousands of pounds, just for the buyer/seller to pull out for no reason, and no financial penalty. There should be some sort of binding committment at the point of offer acceptance, contingent on satisfactory search and survey etc. How you define satisfactory, of course, might not be so easy. Still, they manage it in Scotland and Australia, and I'm sure plenty of other places too.
There are loads of reasons why sales fall through and I don't think anyone makes that decision lightly once they've started spending money on it.Leave a comment:
-
Originally posted by Lance View PostSo you'd buy a house based on a search that was 12 months out of date?
Who do you think would lend you the money?Leave a comment:
-
Originally posted by d000hg View PostAmen. The fact I can buy a house and do all the searches, then sell it a year later and the new buyer has to do the same searches, for example.
I thought this was the idea behind the Home Information Pack but that was killed off IIRC?
I bought a place which had quite complicated curtilage and access. I was wondering if I use the solicitor I bought it with, to sell it, can they simply provide all that information to the new buyer? Clearly the same questions will be asked and it's a huge waste of my time filling in questionnaires but I'm pretty sure every sale starts with a complete clean slate on the solicitors' side?
Who do you think would lend you the money?Leave a comment:
-
Originally posted by d000hg View PostSure, but doing it all from scratch? Things like flooding reports, etc, as well. I suppose there is the risk that if the previous solicitor missed something the next one can't assume they were competent but if you use the same solicitor to buy and sell the house surely they can use the file they created for the sale when selling!
Not saying it's right but we are dealing with local councils here...Leave a comment:
-
Originally posted by ladymuck View PostA lot of the content would remain the same but there may have been planning applications granted / submitted in the interim that may be omitted if the previous information was reused. It's been a while so I can't remember what exactly is included these days.Leave a comment:
-
Originally posted by d000hg View PostAmen. The fact I can buy a house and do all the searches, then sell it a year later and the new buyer has to do the same searches, for example.
I thought this was the idea behind the Home Information Pack but that was killed off IIRC?
I bought a place which had quite complicated curtilage and access. I was wondering if I use the solicitor I bought it with, to sell it, can they simply provide all that information to the new buyer? Clearly the same questions will be asked and it's a huge waste of my time filling in questionnaires but I'm pretty sure every sale starts with a complete clean slate on the solicitors' side?Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: