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Tax expenses when renting my house out
Hi, I have inherited a little house from my grandfather when he died but it is in a terrible state. Has to have a new bathroom, kitchen etc. plastering and decoration. I would like to rent it out after that as I would get nothing if I sell it. Am I allowed to claim for the new bathroom kitchen and the work that will be…
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Help - Selling for absent child
My daughter has bought another property and wants to sell her flat but she is taking 6 months unpaid leave and will be treking in Bhutan so not very accessable. Does anyone have experience of the legal requirement for dealing with selling a property for an absent owner? Clearly we need legal advice but just wondering if…
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FTB anyone bought from A Quick Sale?
Hi I have been looking on right move daily for some time I am a 1st time buyer looking to buy a house on my own so my budget is only small! I have nearly a 10% deposit saved and a mortgage promise for 110k so I am looking at properties around the 120k mark I have come across one sayin offers in excess of £105k...its on the…
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Transferring a Mortgage but house not ready
I've posted this in Mortgages too, but so far haven't had a reply. We are currently on a bank's standard variable rate after our two year product came to an end. We'd like to fix in with another deal (probably 5 years) BUT our house is on the market and it looks like we've found a buyer. HOWEVER...the house that we want to…
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'Poor' credit rating - renting
Me and my partner have applied to rent a house, but we both have a 'poor' credit rating according to creditexpert.co.uk. We both earn more than 60 times the monthly rental of £650, earning 31k and 24k respectively, and are currently in rented accommodation. Will the fact we both have a 'poor' credit rating really affect…
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Shared ownership - selling my half
Hi people. Im looking for some advice. I bought a house with a friend approx 4 years ago for £118,000 in total and paid £15,000 each deposit leaving an £88,000 mortgage. I am looking to move areas and so we obviously have to main options. sell up completely or he buys out my half. The house is currently only valued at…
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Buying a House
Hi guys, I'm new here , so please be gentle with me :) My parents have generously lent me the money to buy my first home outright, but I will need to take a mortgage out to pay back about 40% of the full cost to them. Being new to all this, do I just go for a first time buyer mortgage, or do I need to take a special kind…
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New Build Assisted Moves for Home Buyers
I am trying to move and I have an Estate Agent acting for me. I dont want to pay for multiple agents. However, I am interested in a new build property with Bellways, and the builder has suggested they help me find a buyer by using their smooth mover package. They say I will not need to pay for multiple agents as they have…
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Charged for landlord electricity supply
I live in a block of 6 flats which is maintained by a management company. We pay them a 6 monthly fee for cleaning, gardening, buildings insurance etc and electricity for lighting/heating the communal areas. We also pay eon individually (6 flats) for the electric we use within our flats. Our management company have now…
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have a looksee? please :)
[FONT="]Hi Guys, Can I use your powers of investigation, Please? My mum and dad offered on this property last year. The owners settled with another offer. It then came back in the market again. Then went to auction was bought and is back on the market. My Mum on viewing the house was really smitten but i have alarm…
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Shared ownership/equity is a scam.
Can this be stickied please.
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Is there anything we can do?
Hi everyone, I'm new to the forum and wondered if anyone could offer me some advice please? Three weeks ago we viewed a house which backs onto a car park belonging to an adjacent business. Before viewing the property we drove into the car park to view the rear elevation of the house and all was fine. We liked the house and…
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When do I buy??
Hi there, I'm not in a position now to buy but between me and my partner we can save up a reasonable amount in the next few months to a year. Now that the majority of our debt is luckily on an interest free blance transfer card. We've worked out what we need to pay every month until that's paid so this debt should…
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Am I missing something?
I bought a new build flat two years ago for £115,000. Put it on the market at the beginning of the year for £140,000 but recently dropped the price to £135,000. I did briefly have a buyer at £125,000 but he dropped out because he couldnt get a mortgage. A couple have come to look at my flat three times in the last few…
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property taken by tenant on leaving
hi, my friend rents out their own house with an AST tenancy agreement. the most recent tenant took some items from the house when they left, and are unwilling to return them :mad: My friend is pursuing this formally through the TDS, however i think he should pursue this as theft. am i right in thinking this and if so,…
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Fit new kitchen before selling?
Have just called in to pick your brains..... I am planning to sell my one bedroom flat in the near future. The thing is, the small kitchen is more than twenty years old and looks, well, manky is the word that comes to mind. Do you think I should get a new cheapish kitchen installed? Or should I rip out the units, work tops…
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Will I owe the Estate Agent any fees
Months ago, we had our house up for sale with Estate Agent No 1. They sent plenty of people around, and we received offers but they were too low and the offers were rejected. Soon after, we changed agents (to Estate Agent No 2). Our circumstances changed and we saw a house that we were interested in that was considerably…
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Is he a lodger?
Hi Im wondering if anyone could help me, 2 weeks ago DH's best friend was kicked out by his wife, she took his wage and told him to leave, so we invited him to stay with us, he sleeps in a spare room, we dont ask for rent off him, as he hasn't been staying here all the time (hes been staying at his mum and dads on odd few…
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BTL mortgae
Trying to work out if its worth a BTL investment of 120K and the aprox rent would be 115wk. Can someone tell me the average mortgage rate for a btl mortgage with a big deposit these days?
