shpet

Registered with Property118.com
Sunday 23rd September 2018

Trading Status
Sole Owner

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 3

shpet

15:07 PM, 26th November 2018
About 2 years ago

Expensive quotes for new build?

Hi,
Recently was considering extension of mu BTL with possibility of 5 room HMO or 4 bedroom Family home.
Searched online and registered with localsurveyorsdirect.co.uk to get some quotes and soon architects and planers started contacted me.
Had two architects with their builders turn up to meet for advice and measurements of what it is possible and for builder to provide estimates based on chosen idea. Architects explained their fees of going forward for each stage but nothing chargeable at the moment for advice and measurements.
All good.
Third person now, don think he's even a na Architect, cals himself a planer and has some builders.
Since tenant was not available at the time he suggested and I was at work, he apparently didn't have any other slot until two weeks time, he suggested to go at property himself and do the measurements from outside and peeking through the windows, checked with tenant and that was fine.
Briefed him same as others what I'm thinking on doing and emphasising the quote. Since he was insisting that this is not a problem I asked him if he could explain his ideas whats possible with rough sketch just so I understand him on email. He never mentioned any fees.
When he was due to go at property he cals me and asks for a fee of £100 and we agreed.
Since then has sent me the estimates and two pages of drawings he calls them plans to submit for planing and demands to charge me other fees. I never asked for this and It doesn't meet my brief that was emailed to him. After looking at it his plan their also wrong as is taking a chunk from neighbours land, from this I even doubt that he ever visited the property for measurements.
He now is contacting me he's going to send me his invoice for planing, quote, tendering documents etc, stuff I dint ask.
Anyone had a situation like this and any advice would be appreciated.
Thanks
Shpet... Read More

shpet

0:38 AM, 26th September 2018
About 2 years ago

Declarations of Trust - Is Lender Consent Required?

Reply to the comment left by Mark Alexander at 25/09/2018 - 21:12
Sorry if I wasn't clear I meant a property legally owned by me (higher tax payer) transferring 90% or all (if advisable) of beneficial ownership to spouse (basic tax payer) by declaration of trust.
Or if possible two chunks of 42% in different years so not invoke SDLT in my case.
Was not sure when it comes to remortgaging how it will work and can we/she continue with same bank account I have to receive rents etc or it should be a joint one?... Read More

shpet

20:02 PM, 25th September 2018
About 2 years ago

Declarations of Trust - Is Lender Consent Required?

Hi Mark,
By transferring all beneficial interest to spouse from single owner, when remortgaging does it mean that only the beneficiary can do so as there is no proof for original owner to remortgage it anymore?
Can rents and expenses continue to be payed on original owners account and just profits transferred to beneficiary or is just rental potential will be looked at by lender when remortgaging?
Many thanks... Read More