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Renting my property - tax issues, please help!
Hi all, For the past 5 months I have been renting my flat out though an Agent while I had a trial run at living with my other half. All is going well and I have decided to keep renting my property. Plese can someone advise if I will have to complete a tax return and if the letting agent will inform HRMC? Also how long can…
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Opinion on BTL investment
I'd be grateful for people's opinions on this one: My Dad has paid off his mortgage on his house. He's got 10 years until retirement, and at the moment he has enough spare money from his wages to pay a mortgage if he had to. I have suggested putting this spare money into a BTL, as he has enough saved to make a decent…
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Offer accepted (after 2 months!)
After reading about someone (can't remember who) who recently had an offer accepted a month after making it, an estate agent has just phoned me to tell me that our offer on a house that we made at the start of november has now been accepted!! When we went to view the house another couple was viewing before us, we offered…
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New house search & offer prices
Hi, we are looking to move and are looking around the £ 250K mark. I dont really want to go over the £250K for the stamp duty....... If a house was on the market for £250K what would be a sensible first offer so you demonstrate that you want the property and are not a chancer looking for the deal....... all help welcome
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Doing the right thing?!?
First post so please forgive me if I make any mistakes etc!! I bought a flat with my now ex boyfriend almost 3 years ago, we were given £20,000 as a gift towards buying the house from his parents (of which about £6,000 he spent on himself, not for the house) Now that we've split up he's asking for the £20,000 back from the…
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Please keep your fingers crossed for us!!!
Hi all! just had a call from my solicitor to ask if the 11th Jan would be ok to complete. Have said yes and am waiting for confirmation that exchange will take place in next couple of days. Have been at this stage before and it went tits up so please keep your fingers crossed for us! Oh god i hope it happens this time.…
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Right to Buy
:money: Would it be possible or allowed for me to purchase my sisters Housing Association flat. She has lived there on her own for a long time, she is retired now and in receipt of benefits. I have my own property with a small mortgage left, that I could easily pay off. I retire from work in 5 years time. The long term…
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Planning permission - opinions/advice greatly appreciated!
My neighbours have submitted planning for the demolition of their existing flat roof garage and erection of a two storey extension to thier existing house. This extension is being built to the boundary which runs between us. This boundary (which is theirs) does not currently have a fence. When we moved in we have asked and…
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Bought house - boiler broke down - who's liable?
Hi all I bought a property after receiving a homebuyers valuation that attested that all was well. I moved in on 21 December 2007. On 25 December 2007 the central heating broke down. According to my valuation/survey: The central heating system is a combination type boiler recently fitted and has a guarantee certificate…
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I guess we can't get a mortgage then..
From my local council meetings minutes about trying to build houses: Research into [FONT=Times New Roman,Times New Roman]local need for affordable housing [/FONT]undertaken by ***** Council indicates that the income of 49% of the households in the ***** area is less than £20,000 per annum. Alongside this the average price…
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Beware NHBC and Builders!
Not too sure if this is the correct place for this but I am caught in the middle between my house builder (not sure if I could name names) and the NHBC. Basically, my home was built in March 2003. Due to the wet weather, I have developed a leak in the garage. This is caused by the downspout being sited differently on my…
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TENANTS IN COMMON versus JOINT TENNANTS
Could someone please explain the difference to me in a truely idiot-proof way. These options were definitely not explained to us when husband and I bought our house. And could you explain the implications if:* one partner has to go into a home * the partner dies without a will * the partner dies with a will and leaves…
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Flat deposit return
Hi, i am currently renting a flat in london. My contract ran out in july and have never signed a new one so I am out of contract. I have just got a job abroad and leave in Feb. I have given a month notice in writing to the estate agent. They say that I have to give 2 months notice as it said on the old contract. I gave…
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Moving (Private Rental) - costs?
Hi, Any regulars on the DFW board may have seen from my diary that I am seriously considering moving into another privately rented property. At present, I am renting a tiny bedsit in an extremely rough area. My monthly rent is £325, and I put down a months rent in advance plus a £225 deposit. I'm looking to move into…
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What to offer??
Myself and the girlfriend are looking at renting an appartment within the next few weeks - it will be our first place together. The advertised 'going rate' for the places we are looking at is around £575 pcm. There is an abundance of these flats available at the moment - as with a lot of the new build developments. I'm…
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Default keep and rent flat or sell?
hi, please help me decide what to do with my flat. I moved to new house and kept my previous property. It is a flat in centre of town in private development. There is no mortgage on the property and it is currently just sitting there costing me GBP 1,200 a year in service charges. The flat is 1/2 furnished as I left…
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looking for a specific type of property?
Hello Do any of you knowlegable people know if there are any property sites where you can search for a more specific type of home. We are looking for a detached home with land and with boat mooring rights, so it must be on the inland waterways but can be anywhere in the country. We have tried searching righmove etc but you…
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Selling house and paying early redemption charge
Hi guys just a quick question really. Me and my partner bought a house 3 years ago on a 30 year mortgage, fixed for 5 years. We have decided to sell up and pay the mortgage back and rent for a while. How much of a penalty charge will we have to pay back to Northen Rock to pay off the mortgage completly? The loan on the…
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Lodger has stolen money from me and been absent from home - what can I do?
For the past 2 and a half years, my Dad has had a lodger living here who has been nothing but trouble from day one. He doesnt clean, won't find a job and is very lazy and can disappear for up to a few weeks. He has fallen behind on rent payments too. This is now the final straw. I had 3 days at my Father's for Christmas…
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Any chance of reducing the price now??
Our offer to buy a house was accepted in December, arranged a mortgage, appointed a solicitor so far, but with the romour of the big 2008 house price crash, is there any chance we could have the price reduced further? if so, how & what do we need to say to the vendors? your thoughts are very welcomed here. thanks a lot…
