Darren Peters

Registered with Property118.com
Saturday 2nd January 2016

Insures properties through a broker recommended by Property118
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Latest Comments

Total Number of Property118 Comments: 102

Darren Peters

10:26 AM, 12th May 2019
About 2 weeks ago

Declaration of Trust not Executed on Death

Reply to the comment left by Darren Peters at 12/05/2019 - 10:05Also, am I correct in thinking that with a Deed of Trust, any Deed of Variation or new Deed of Trust that runs counter to the original needs to be signed by all parties and explicitly reference the original?
I.e if I make a DoT A with Fred concerning my house then make a new DoT B with George transferring rights from Fred to Bill then Fred has to sign DoT B giving up his rights?... Read More

Darren Peters

10:05 AM, 12th May 2019
About 2 weeks ago

Declaration of Trust not Executed on Death

Reply to the comment left by Seething Landlord at 11/05/2019 - 20:40
In what capacity would the local authority need to be convinced of anything and would this L.A. decision be documented and publically available or discoverable?

It would be a nice smoking gun if there is a record of the original Deed of Trust being presented to the L.A.... Read More

Darren Peters

8:09 AM, 11th May 2019
About 2 weeks ago

Auction property Legal pack changed without my knowledge?

Did you check the legals on the day of the auction also? I've been told (so may be heresay) that the legals can change up to the day of the auction but must be available at the auction and must be correct there.

I've seen legals different on day of auction to legal pack that was available to download. Only a reduction in new Lease from 125 years to 99 but still sneaky.... Read More

Darren Peters

8:26 AM, 10th May 2019
About 2 weeks ago

Dangerous cladding freeholders arguments?

I don't know the detail but there might be an argument against the cladding supplier that they knowingly supplied a material not fit for purpose. Or that the fire rating standards applied by the govt and adhered to by the cladding company might be inadequate. It might be that someone influential knew this stuff was not fit fit for purpose but didn't care or let sleeping dogs lie when they found out and that paying out £200 million is the lesser evil compared to a scandal unfolding.... Read More

Darren Peters

8:18 AM, 10th May 2019
About 2 weeks ago

Back out from successful bid on auction property?

Once you do your sums Eg on likely rent, ask far and wide to see if you can get a mortgage, don't rely on the one broker through the agent. No broker has a monopoly on the deals out there.

Certainly contact all the potential buyers, worst they can say is "No, don't contact me again". But don't do what the auctioneer did and mail everyone at once.

Think about your end game. Would you be happy to hold if you could get a mortgage somewhere?

If you prefer to sell, how much of a hit are you prepared to take to be rid of the property?... Read More