-
Mortgages, lodgers and tax
Probably a very dumb question, but... Is tax payable for income from rent after mortgages payments? Ie, can I stuff my house full of lodgers, set their rent to cover the mortgage and bills and live the good life?
-
Buying house with daughters help
I am looking at buying a house and my daughter is going to help financially. Is it possible for us both to apply for the mortgage, but only have my name on the deeds? Thanks.
-
Do we have to tell them?
My partner and I are moving into a rented house picked up the keys the other day, we asked the letting agent about changing the locks and burglar alarm code ( you never know who has spare keys/knows the alarm) they said we have to give them a new set of keys and tell them the new alarm code. I am sure they are not gonna…
-
Mortgage or cash?????
Hi Can anyone help please, my b/f and I are thinking of buying a second property that we can do up and sell on, we have seen some for about 60K, now we have the cash but what I am wondering is a mortgage best or what!!, and what tax would we have to pay when we sell it on, thank you samx:D
-
OMG can you believe this !!!!!!!!!!
My house sold some 4 months ago, we are looking for our dream home and its proven difficult although our buyers have shown real empathy and patience up to now. recently we found a house we liked for £340k and offered £300k , it was refused with a counter offer of £330 so we upped the offer to £310k and waited saying it was…
-
And then there was one :(
Hi there Ive currently been living and saving for a first home with the partner. However things have, well, turned one sided and now the idea is to look for a home on my own :o . Im currently earning £23k basic and between 10-15k a year overtime. Ive managed to save £14,000 on my own and have £3000 credit card debt. I do…
-
Can't get mortgage misery - Help
Hello Just wondered if anyone out there has any advice or info that may help my desperate plight! I am newly debt free after 13 years of agony. I have two defaults on my credit report from 2005 and have also saved a £20,000 deposit. So far i have been unable get a sniff of a mortgage, is there any hope?! I know that my…
-
Disclosing of disputes?
Not sure if this is the correct thread on which to post this. If it shoud be on another thread, please advise. I've got a problem neighbour that, regrettably, I need to make a complaint about (have tried to sort it out with them). I'm aware that under certain circumstances, you are liable to disclose disputes if selling a…
-
Question re Declaration of Trust and type of ownership
So it finally looks like we may get to exchange on our new house soon, yay! I've got a quick legal question for anyone who might know (the solicitor confused me a bit, then went home - not back in till Tuesday, so I was hoping to get an answer before then). My partner and I are putting in different proportions towards the…
-
New to renting..A little help please!
Hello All, I'm not sure if this is the correct forum to be posting on but everyone seems so knowledgeable and helpful it's worth a shot. We will be moving out of student rental accommodation into a 'normal'house soon. We are looking to be in a new house by Aug 31st. We have viewed two houses but both were unsuitable, the…
-
Resuming tenancy as a student?
Hopefully I have posted this in the right section... I have been renting a small studio flat for almost a year now as a full time working tenant. I'm going to university in September and will be a full time student, not claiming any benefits or anything; the usual student loans and grants and maybe a weekend jobs wages…
-
Larger Property or No Mortgage?
Assuming everything else being equal what would most people here choose - assuming there would only be 1 or 2 of you. A large 1 bed flat bought outright or a 2 or 3 bed property with a mortgage over, say, 10 years. I can see advantages in both options. Buying outright means that whatever happens to your income you never…
-
Got 5 mins to help MSE test new tool?
Thanks! Full details are here: https://forums.moneysavingexpert.com/discussion/comment/34575633#Comment_34575633 (reply in that thread please) Ta, Dan
-
selling under value property to parents
Hi I have a buy-to-let property that I am thinking of selling to my parents at an undermarket price. The property would likely have an open market valuation of around £150K but lets say I privately sell them the property for £125K. Do my parents pay Stamp Duty Land Tax on the actual sale price of £125K (i.e. %0 as of July…
-
Boundary rows - v bad for your health
http://news.bbc.co.uk/1/hi/england/manchester/10568441.stm Don't fall out with neighbours over something as trivial as a boundary.
-
If only all EA's could be as honest at this...
http://www.rightmove.co.uk/property-for-sale/property-16447110.html?premiumA=true Ha ha, I like the idea of fluffy toy guard dog!
-
Viewing arranged, increased in price £10,000!!
I arranged a vewing a couple of days ago on the following property and just went to print the details from Rightmove to find it has gone up £10,000.......is the market that good at the moment :shocked: http://www.rightmove.co.uk/property-for-sale/property-26518339.html The agent has not rung me to advise to see if I still…
-
Anyone heard of this company?
Has anyone heard of this company http://wecanbuyhouses.co.uk/ they send a hand written note to my partner who is in the process of selling his flat. I googled the telephone number on the note and it came up with this website. We met the couple concerned who confused us slightly as they said they could get us the asking…
-
Need some advice....
Hi We put an offer in for a repossessed house last Friday (7days ago) which was accepted. We had our mortgage promise and were due to see the bank tomorrow to finalise everything. I received papers from my solicitor that turned out to be the missives, with the seller wanting to finalise everything today (7 day turnaround).…
-
Can a Landlord Put flat on market without informing tenant?
Hi guys, Just went home for lunch and there is a for sale sign outside our groundfloor flat. I called up and they said it was a ground floor 2 bed (there is only one other in our group but further down), should they have told me? I have lived there about 5 years now, and never had any problems, even though they hinted last…
