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Inland revenue ??? How and what do I do
Hi guys I currently rent my house out although it is on a residential mortgage. I am in the process of getting a consent to let from my mortgage company. I am also half way through buying another property but this time on a buy to let mortgage. I would just like to find out what to do with the tavpx stuff. I'm in the army…
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Remortgaging with my wife?
Hi there, I bought a house with my uni mate when we graduated, on a 15 year mortgage term. We'd now both like to go our seperate ways with our fiance's, 4.5 years into the mortgage term. We've had the house valued at £250,000 and the mortgage balance is currently £173,000. I've enough in cash (thanks to an inheritance) to…
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Renting Out My Flat
Hi All, I have decided to rent out my flat and got consent to let from the lender, I contacted a local letting agent, who said they have demand from people looking to rent a 1 bedroom flat, but no properties as they rarely come on the market. They have quoted me 15% Fee per month to fully manage it, I think this is a bit…
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Buying a property with the idea of selling one of the flats.
Hi, I am considering purchasing a property which is being sold that consists of two seperate flats (own seperate entrances). I am thinking that I may do one of the flats up and then sell it then keep the remaining flat. Is this as simple as it sounds? - Are there any things I need to consider or ask about with regard to…
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Captial gains tax from overseas property
Urgent advice needed, we have just sold a property in South Africa and the money has been placed in our uk account, I thought that I would be taxed on it that end, what should I do? What is the best way to avoid paying too much capital gains?
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*sighs* why do some people have to be so difficult?
:( Just a bit of a moan, really... need somewhere to vent! I'm in the process of buying a house, but was rather concerned when I read on the fixtures list that a pretty permanent part of the property (a nice garden shed) wasn't included as part of the sale- this had clearly been included when the EA originally and…
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Purchase dilemma with neighbour
Hi Experts, Just seeking some confident advice from anybody who might have been in this situation. I have been going through the stages of buying a 2 bed ex-local flat in Borough over the past 6 months. I am about to exchange and complete the sale in four weeks at an amount of £276,000. But I have just recently discovered…
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My Position, How much can i afford to drop the price?
Mortgage Paid 70,000 My House For Sale at: £84,950 House i like: 110,000 I need a 10% deposit. Plus need to pay estate agent and solicitors ect. How much will all this cost aprox and then i will have a figure in mind of what i can drop too but i know its not going to be much.
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Who should pay - landlord or tennant?
Hello - looking for some perspectives from you wise lot, as my husband and I are at odds about whether or not it'd be reasonable to ask the landlord to stump up for a couple of biggish jobs. Backstory may help - we've rented the house for the last two years, take very good care of it, rent always paid on time. We're about…
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To sell or let out?
I have a big decision to make... Going to buy a house with my partner, selling his, using equity/savings for deposit, hoping to keep mine and rent out. Mine is only valued at £100k, mortgage of £87k. The mortgage (int only) is currently only £250 pcm, I could rent out for £500+ and start paying some of the capital off. But…
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Horrible Feeling
Im selling my house been on the market since March. We started looking for a house when ours went up for sale. We found the near perfect one for us a few weeks ago. My viewings have picked up lately, three viewings last week but no one offering. I do have competition in the street but all the viewers keep saying is mine is…
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Solicitors
Hi, First time buyer looking for some guidance. We recentley had an offer accepted on a house and instructed our solicitor to start the conveyancing two weeks a go. In that time I have not heard from her once and have had numuerous emails and phone calls ignored with her either with clients, not there or some other excuse.…
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Buying at reduced price/gifted deposit
Not sure if here or mortgages board is most appropriate, but lets start here. There is a possibility that in the future I will be able to purchase my mum's old house (she will be living elsewhere, and will have been renting the place out). She will have a mortgage on the new place that will need clearing, and so will…
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First-time buyer - can I use foreign property as security?
Hello - my husband and I would love to get on the property ladder here in the UK. I happen to own a flat in France, the mortgage of which is 2 years from completion. With very limited savings and not much income is there any way I can use the nearly finished or finished mortgage in France as leverage or security against a…
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Came across a website offering 100% to buy house
Has anyone used these comapnies before? Ive never seen one before offering 100%. Has anyone got any advice on them? sellhousefast.co.uk
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Buying a flat with 92 year lease....
Hey guys, new user here. Hope you are all well and apologies if i've repeated a popular query - couldnt see anything similar on first two pages. Im a FTB who has found a flat I like, and am ready to make an offer for. Was originally led to believe it had '95+' years on the lease, but have just found out it has in fact got…
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House sale - internal doors wanting to take some to the next house
Hi, as per title, wanting to take 3 doors from our house sale to the next home, they are substantial items. Have had a look at the fixtures and fittings definition and there is no agreed one really. is it ok to take the 3 doors? The purchaser is going to gut and develop the house so I intend to mention it on the fixtures…
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Council Tax. Council's powers to obtain information
Hi Everyone, My first post...not really sure if I'lL find the answer here but here's to hoping! I have a house which I let out. As a landlord, I notify the council when there is a change of tenant but I do not notify them of who the new tenant is. This has always been acceptable in the past. Recently however, the council…
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Non-refundable deposit?
Hi all Last week I put down a £300 deposit on a flat to rent. Due to a change in my circumstances I've asked the letting agents if I can withdraw my application for the flat and they've told me that my deposit is non-refundable, so I would lose the £300. Just wondered if they have legal grounds to do that? Seems a bit…
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how much value do extensions add?
I have also posted this on debate house prices/ecomony but wondered if anyone here could also add any imput? Now i know this is hard to answer as so much depends upon it but we are thinking of building an extension for additional bedroom, we already have a large kitchen extension with footings to build up and the plans and…
