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capitol gain on previously let property
Hello , I have owned a second house for 12 yrs mostly let out .The purchase price was 37,500. It became vacant 3 months ago and for conveniance I know occupy it myself.I would like to sell in perhaps 2/3 yrs and its value at present is 140,000. Can anybody tell me what my liability for C Gain might be. Your time gratefully…
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Two Estate Agents
Hi We are currently in negotiation with an estate agent on a property. However the staff are rude and sarcastic. :mad: The property is marketed by two estate agents - Are we able to change to the other estate to put in our final offer? Any advice is most appreciated. Paul
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Letting agy lost contract - claim ?
Hi All, hoping to pick your brains. Basically My mother rented a property via a agency with her partner, they split up & I moved in to help her cover the cost so I paid the rent from my account. We spoke to the agents & they advised they can add me on to the agreement no problem as I had previously rented from them before…
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Letting agency trying to increase rent
Hi, in a bit of a pickle! If anyone could point me in the way of any help or give some advice I'd be eternally grateful. Myself and my partner have a two bedroom flat, paying £546 including water rates, and we have recently found a flatmate who went into the letting agency to sign a renewed contract...the guy at the…
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how long would you wait to exchange?
We signed the contract on our purchase 3 weeks ago, the vendor hasnt signed- she is saying she hasnt found anywhere decent to rent yet. The situation is a couple who have split (alarm bells ringing?) The ex signed straight away. I'm worried this could go on for a while and am not sure if the vendor actually wants to sell-…
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Buying a House From My Parents
OK, the long story short is that my mum and dad own their own home (3 bed, semi-det, attached garage, front and back garden) in an area which undergoing significant development and investment. 6 years ago my mum left and my dad bought her out of the shared mortgage legally. Now he has contacted me to say that he does not…
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Landlord deposit dispute
Hi, Just finished renting a house we had been in for the last 3 years. We are a family with young children and 2 cats, the LL knew this when we started and said would be fine just need to pay extra £300 deposit(£1400 in total). We thought we had been pretty good tenants, never had to call LL out, and LL never spent any…
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Trying to get deposit back!
Hello, I would just like some advice really! I moved out on 30th June from my old house and according to the Tenancy Agreement am entitled to my deposit back within 21 days of vacation, or in special circumstances as soon as possible with the landlord informing me in writing for reasons for the dealy. As yet I have had no…
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Moving costs help please
We're currently in the South of England just outside Southampton and are moving to South Wales near Cardiff. We've had a few quotes for moving what is basically a two bedroom house to South Wales,both full service and packing ourselves,the quotes reckon about 32sq mtrs and for that they want £1300 to £2000! Can anyone…
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Keeping final months rent payment...
Further to an earlier post. If I was to inform the Landlord I was keeping the last months rent payment until we reach an agreement for him selling the house with my fixtures and fittings, where would I stand? I rent through a high street nationwide agent so my deposit will be safe but presumably he could inform the agent…
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Buying plot of land? Is it possible?!?
Hello everyone, this is my first post, please be gentle :-) Myself and GF have been keeping our eye out for a plot of land for a little while, as we plan to self build in a couple of years or so, and hopefully expedite our route to mortgage freedom. Although we've been browsing for land every now and then, an ideal plot…
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Title of deeds advice?
Hi all can anyone advise me as to (roughly) how much a 'title of deeds' should cost and what this actually does? I am intending to purchase a home with my partner and mother. My mom is going to provide the lion share of the deposit, but due to her age, the mortgage advisors I talked to said that she would not be able to be…
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New Landlord need help?
Hi Guys, Sorry if this has been posted before. The company I work for has just renivated an old grade II building in Manchester City Centre, and turned then into a block of flats. I have been offered the position of Landlord, and need to find out what info & legislation I need. The building work will be finished in August,…
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Neighbour wants Covenant Removed
Apologies if this is in the wrong place, please move me if I'm not. My FIL got a solicitors letter yesterday basically saying the house one to the left of them have applied to have the covenant removed that applies to the land. It states that the plot can only have one dwelling and a garage built on it. They've applied to…
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"Quick Sale" companies
Namely this one :- http://www.quickhousesales.co.uk/ I had a quote from them and they have offered me 25% off market value. £60,000 on an £80,000 property. All seems above board, people buying houses for cash and then remortgaging the property to release more cash for other properties. Any advice on companies like this ,…
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Delays in completing on flat- help!
Hi all, would be really grateful for some advice about what anyone else would do in our situation- basically we want to complete next week and move into our new flat but the vendor cant get rid of the tenents who are in it at the moment!! so by next Sunday we're gonna be homeless as we've already given notice on the flat…
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Help! Leasehold on a flat / sale problems
Hi guys Long time reader / listener to Martin on R2, but first time poster. I'm in a bit of a pickle and would appreciate some advice - I'm selling my flat and buying a house with my partner, and all was going swimmingly (well I was due to complete today in fact) until at the very last minute, this morning; the buyer of my…
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Diary of a first time buyer
Hi Everyone I thought i would document our experiences with getting our first mortgage. We have never had a mortgage before and are both first time buyers. We have saved quiet a nice pot of gold over the last 5 years which has ended up at £70000. We are not going to have kids so only really need a 2 bedroom max. I wanted a…
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Diary of a first time buyer
Hi Everyone I thought i would document our experiences with getting our first mortgage. We have never had a mortgage before and are both first time buyers. We have saved quiet a nice pot of gold over the last 5 years which has ended up at £70000. We are not going to have kids so only really need a 2 bedroom max. I wanted a…
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"Switch to rentals"
For various reasons I'm too angry and upset to go into now, our purchase has fallen through. We need to get somewhere else sorted out asap as notice is running out on our current accommodation, so I really need some answers and quick, specifically: - what is the situation with landlords and babies/children? part of the…
