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buy to capital gains tax
hi guys if a house was bought for 80.000 sold for 110.000 with 15.000 downpayment with a mortgage of 72.000 with 6.000 added for improvements what would be capital gains payment . thanks for your help :T
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Self-employed - do I need accountant for self-cert?
I'm coming up to three years of self-employment and I'm starting to think about buying a cupboard-sized flat somewhere. I do my own accounts as they're so simple a hippo could prepare them (ie, I get a few cheques each month from different people, no offshore tax havens, nothing remotely complicated). However, I was…
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WIN Investing
I've seen some adverts in the paper for seminars for how to make a packet in the property market as an investor. Before I pay up for one of these, has anyone had any bad experiences with these property seminars? They're called WIN investing or something.
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Buying ex-partner out of house.
Hi, I'd like to buy my ex-partners (not married) share of the house so I can continue to live there. We would like to do it with the minium of fuss but neither of us know how to work the figures out. The share is 60/40 in my favour as I paid more each month and its on our legal paperwork. Can anyone give me an idea of how…
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agreed price versus asking price
hometrack use to publish results, which i can no longer see. anywhere else i can see these results for a postcode or does anyone know for london? thanks
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Lying mortgage broker!
Our house sold within two days. The buyer has stalled and stalled all the way through (problems with survey etc). His mortgage broker then told my estate agent that their computers were out of action for a couple of days and that the mortgage offer would not be out until the following week. It now transpires that the buyer…
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Solicitors out there - is this normal???
Hello, We, like others buying a new build were advised to use a particular solicitor. We did and we have chased things through in terms of the info we wanted back and confirmation of work that we wanted doing before exchange. The paperwork has now arrived ready for exchange with the price agreed in pencil...is this normal?…
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AARRGGHH!! Help Please ........
Hello everyone, Well the saga of my house sale / purchase continues. Basically 4 weeks ago we were told that exchange was only a few days away and we all set a moving date for 26th November. We then had a call to say that the second person in the chain would have to delay exchange for about 3 weeks. So I call my solicitor…
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Deposit?
When selling and buying, do you HAVE to use all the equity from your sale for the purchase on your new house and top up with mortgage (if needs be), or can you keep some of it to buy things/pay off debts? e.g I sell house for £200k get £20k equity buy at £250k but want to keep £5k for furniture. Thanx
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Another How Much to Offer Thread? (Sorry!)
We'd like to move back to the village we used to live in and have been browsing for the past 18 months or so but the houses are usually too expensive, hence our reason for moving in the first place. A property came onto the market at the beginning of August for £268K, advertised as ‘priced to sell’ and was then reduced a…
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Removal Firms recommendations in the South West
I am moving from Swindon to Cardiff in the next few weeks, and I would prefer to use a removal firm if posslbe as I am moving out of a 3rd floor flat. Please could anyone let me know of any good reasonable removals firms in the Swindon area. Thanks
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house buying dilema
What should I do? I have been trying to buy our dream house for 6:confused: months we have now settled on a price £350k down from £385k asking price. I will end up with a bigish mortgage as the house I own hasnt sold so I am going to rent it out and hope to sell within the next 2 years. Obviously since I started haggling,…
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Advice on buying parents house off them for less than its worth!
Hi There, we are after some advice regarding me buying my parents house off them for alot less than it is really worth.. The legal implications of it all and the tax costs.. The house is worth around 250k, my parents would be looking to move house and sell me theirs for whatever I could get a mortgage for say £120k.. Would…
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Letting Agents Advice
Can anyone advise me on choosing the right letting agent. I need one for various reasons. My property is empty at the moment but have someone in mind who wants to move in soon. I am looking for a letting agent to just act as the landlord take care of the Tenancy Agreement and thats about it. Is it best to choose a local…
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Buying a property with a tenant already
Can someone point me in the right direction for more info on this. Scenario 'a friend' is thinking about buying a buy-to-let with an OK rental yield. Property is managed through a letting agent. Currently has a tenant in place til Jan 2008. If ownership of property changes hands before jan 2008, is tenant obliged to sign…
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How close to completion
Hi, Just signed contracts ready for excjange for both my sale and purchase, just wondered how long should it take to complete now, any chance before xmas do you think?
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urgent help required
not sure where to post this-hope i am in the right place son bought a house and moved in 3 weeks ago now the boiler has broke down. Does anyone know his rights in Scotland. Is it his responsiblilty(sp) or the previous owners
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Paying off a residential Mortgage....a Myth that needs debunking?
Hi guys, firstly a quick hello as I am new here although do post on another section of the board. I would like to open up a topic on a rather interesting viewpoint regarding residential mortgages. There are those that say you should never repay capital, instead use interest only mortgages. The logic behind this is that…
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Should I deduct from my rent?
I missed one rent payment two years ago and have never managed to make it up. My landlady hasn't said anything and is hardly around. Here is my problem. The shower needs fixing and today I think a fuse blew in the kitchen so I have no lights in the kitchen, living room and bathroom and one electrical outlet in one bedroom…
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renting
I have some credit probs but my parents want their house back My gf has a pretty good rating at the moment - would it be best for her to be sole applicant?
