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Letting property tax software
Hi I've got to do my self assessment form for submission in just over a weeks time. Oh Joy! I've got several rental properties and I'm looking at calculating my tax liability for these. Does anybody know any software that will help me prepare my tax return for my rental business. Cheap would be good, free even better!
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Management company to charge £15-20k for repairs! Help!
Hi everyone, I'm posting this on behalf of a friend who needs some advice. She currently owns two small flats in a 1930's block of about 100 flats spread out over four buildings. She no longer lives there but uses one of them as an office. The block, although beautiful is in disrepar with damp, mould, old warped steel…
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Buying a House - Our fears
Hi there, My girlfriend and I are first time buyers and have recently signed contracts for the house we are purchasing and also paid the deposit, we have been trying to get a completion date for the end of this month for a few weeks now but areyet to exchange contracts, the estate agents claim they cannot get hold of the…
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Advice regarding first steps towards buying please
Hi guys, I wonder if anyone can offer some advice. I did post this is the relevant sticky thread but not sure how active that thread is so thought I would give this a go too. I am in a situation where I am looking into the possibility of buying for the first time towards the end of the summer. I have found myself in the…
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advice on renting out
Help please :confused: This is my 1st post, My partner and I have a house each, we are currently looking at buying a new build and part x mine. We dont want to sell his as we cud possibly be in negative equity but have thought about renting. Where do we stand with changing his mortgage to buy-to-let but still having a…
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Letting my house to my brother
Hi. I've been trying to sell my house for the past 18 months with no success. I've had buyers but none of them have been able to get their mortgages sorted. The real problem is that I now work in another city so I'm paying rent here as well as my mortgage. Anyway, my little brother wants to rent it off me and I think it's…
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What would you do? Selling our house.
Hi All I've browsed these forums from time to time but this is my first post as I'd love some advice. Our house has been on the market since last April (good timing eh?!). We started out at at £315k which was realistic at the time but of course not anymore. We're now at an asking price of £269,950, with of view to getting…
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freehold purchase
I'm currently deciding weather to buy the freehold on my house the lease has 79 years left i've asked the landlord for a estimate of cost to which the reply was a staggering 80k!!! this covers the freehold for my house and the house next door I'm aware that the current landlord purchased the freehold at auction for 30K a…
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Managing Agents gone into administration
My dodgy freeholder (I have posted about him and my nightmare situation before) has had many different companies over the years. He is a property developer and his latest company, which he told me was a Managing Agents, yesterday was wound up before the Royal Courts of Justice. I looked on Companies House reports and saw…
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Father as tenant - tax advice?
Hi, We are looking at moving my father in as a tenant to our rental property, are there any tax implications that we should be aware of?
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Tenant woes and fast selling
Hello, I have lurked on here for a while but I have a situation that I can't find an answer to, and I'm hoping someone can point me in the right direction for an answer. I need to get rid of my house fast. I am working overseas, and am being crippled by mortgage costs back home and the rent I am paying out here (which is…
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Tennant needing help with Landlord poor service...
I recently moved into a property through a managed letting agent and noticed a problem with the central heating system, Most of the radiators downstairs never warmed up. I informed the Agent immediately who sent a plumber to fix the problem, he didn't. They sent him back and he diagnosed the problem as the radiators…
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dissapearing bond money tea leaf letting agents
Can anyone please give anyform of advice with this please, my wife and I have been renting a house through a letting agent until beginning of december when we left and the actual landlady came round to complete the inventory was completely satisfactory and wrote a letter to the LA stating this, when we have come to get our…
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Landlord kept goods I ordered for themselves
I placed an online order before Xmas and the items were mistakenly sent to my previous address instead of my current one. The package would have been clearly marked with my name. When I contacted the company to ask where my goods where they were puzzled as they said they had courier confirmation that the goods had been…
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Pickfords?
I am looking to move next month and have obtained some removals quotes, including one from Pickfords. Does anyone have any good/bad experiences with them? Also, someone else mentioned on here a while back that they thought Pickfords may be in financial trouble - does anyone know any more on that?
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When do i tell the tax man?
I've rented my house out since May while i've been away, I have hardly made any profit on this, but when do i tell the tax man what profit i have made on it? Do i do a self assesment online before the end of this month?
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central heating system drained down on reposession???
im in the process of buying a reposession 3 bed terrace. it has been empty since october and the central heating system was drained down. is there any issues when turning the water back on and filling it up again? can the pipes get damaged when empty, even though its been so cold over the last couple of months?
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My Sister Give Me A House Help
HI YOU CAN LOOK AT THIS IN 2 WAYS BUT I NEED HELP my sister wants to give me a house i have lived in for many years iam not suer weather it has been some sort of trust thing for me or what but my issue is how can she give me it without havnt to pay inheritance tax or out else iv heard she can sighn it over to me without…
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Help Help Help
Right, Too start off I am !!!!ping myself my girlfriend has just found out she is pregnant whcih is totally unexpected and not planned for! I earn £18k (age 23) and my missus earns £17k (age 22) We are both currently living with out parents and I owe £5300 on a new car i bought a couple of months ago and I owe £2300 on a…
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New renter - Help with fees!
Hi all, im looking for some advice from the knowledgeable people here! Myself and my girlfriend are going to be renting a flat for the first time, we found a place ideal for us that is being rented via a letting agency for £850 PCM. The agency has just sent me an e-mail outlining their fees... Im completely shocked by…
