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Tax on selling a property?
I've been left a semi detached house in my late uncles's will. It needs modernising inside, new bathroom/kitchen/plastering etcetera. When it does go on the market we would be looking at around £140k. I'm sure there is a tax on selling a property but not sure what it is, unearned income? or capital gains tax? Any advice…
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Council Tax - help please
Hi, I have come here for advice really, not sure I have put this on the right thread. I wanted to know how strict Councils are about knowing who is living in the propterty at any point in time. My daughter, her partner and myself all rented a property together since 2011, I moved out in July this year and my daughter has…
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Solicitor chasing accountants
Hi, I was a gaurantor for my brother on a rented accommodation but he failed to pay his rent, he was in receipt of dss but when he received this money he never paid it to the LL . My brother has been evicted from the property and now as gaurantor I am being chased for the money at the time when I signed the agreement I was…
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deposit from Landlord or letting agent
I know there are quite a few messages on this but all relating to LL. My daughter moved into a flat in January 2012 and used a letting agent it all happened very fast and we paid her deposit of £500 to them. When seen the flat was not to my standard of clean I mentioned this and was told it would be cleaned it wasnt but…
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Suing the letting agent for contract breach.
My letting agent in the next few days will be in breach of contract. Basically they have not held their terms of the contract to allow me to move into a property on the day I should have moved in. Consequently I will be 'homeless' due to their mess up, and it is going to cost me a lot more to stay in a hotel until I can…
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Why are most semi-detached living room adjoining?
Wouldn't it make more sense for the hallways (if they have them) instead?
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Open Market Shared Equity Scotland
Hi, Looking for anyone who has experience of this scheme. We have been accepted and are coming to the end of our passport time. We have found a house we like within the max budget but it has 3 bedrooms, living room, dining room, our limit on our passport says our max size is 3 bedroom 1 living room no mention of dining…
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Landlords: Would you want me out?
Hi, I'm not exactly worrying, but I Just wondered if any existing landlords have a view. Basically we moved into this new house in March, so our initial AST is up. I've not heard anything, so I am at present assuming that my LL is happy to continue with an ad-hoc rolling tenancy. I'm about to start a university course in a…
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Land Registry Form TR1
Hi, hope I'm in the right place for this question. I am currently completing a Land Registry TR1 form for the transfer of my property back into my name after bankruptcy. The form asks me to choose which title guarantee I require, which I believe is a full title guarantee, the other option to tick is limited title…
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Buying my first house
I've had a read through the stickied posts but can't find a specific answer to this so I hope its ok to post. I've had an offer accepted on a property that I like, I have a mortgage agreement in principle from a couple of weeks ago. The estate agent has asked for my solicitors details on Monday, which is ok, I know who I'd…
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survey advice
We've just found a house we'd like to buy, our offer has been accepted & I wonder if you can give me some advice please. We don't require any mortgage or anything, but we obviously want a survey. How do we find a reputable surveyor? I just read a report on 'Which', that says the surveyors reports aren't comprehensive. As…
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Can I rent a flat with agency with bad credit history with partner as Guarantor
I lam looking to rent a flat through an agency with my partner however I have some bad credit history not through renting but other stuff. (credit cards etc) My partner has a clean history but I want the flat in my name only if possible as I am going to be paying the rent. As my job looks like it could be a bit flaky…
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Help regarding joint ownership
Hi, Im a FTB, sorting the final pieces of the mortgage. I got the mortgage in my name only as my fiancee has bad credit history. We have put in the same amount for deposit and fees and we will also be splitting mortgage payments and bills 50/50. My question is what could i do to give my fiancee some reassurance that the…
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Neighbor stealing land
My daughter has decided to rent property from my cousin which is great. The only concern is that as the house has been empty for 12 months (cousin in the armed forces) the neighbor has blocked the side entrance with a fence panel (originally there was gate to the garden ) and placed a small shed his side of the fence.…
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Deposit Protection Scheme
We are about to become landlords for the first time. I know we need to put the tenant's deposit in a DPS. Are there generally fees for these? Can anyone recommend who to go to or how to go about it? I've searched the forums but couldn't find anything relevant so apologies if this question has come up before.
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Vendors putting property back in market after offer is accepted
Although, i have seen various thread in this forum which are similar to mine. Vendors are putting the property back in the market after the offer which we gave them is accepted by them. This property was sold initially and came back in the market again due to old buyers not proceeding quickly, my concern is about…
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Getting on the property ladder ASAP!
Hi guys, Currently, I've been quite determined to get out of renting and onto the property ladder. I've been in my graduate job for about a year and have save a little over £2,000 in the past couple of months. Let me start of by saying that I've been through multiple threads about Nationwide's Save to Buy accounts, but I'm…
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Negative equity - needing to sell a 100% mortgaged house worth less than bought for!
Hi, I was wondering if anyone knows of *anything* we can try? We bought this house 9 years ago, we were forced financially to remortgage it 4 years ago. At that time it seemed a good idea, we bought the house so cheaply, it was only remortgaged at 75,000... houses nearby were selling for over 100,000 even in the state of…
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What is a good BTL yield?
We have a 2 bed flat currently let at £475 gross pcm. We've been nice and not raised the rent for 2 years, so it's slightly under current market rate now. Just wondering how much a BTL investor might think is a reasonable price to pay for that level of rental income? We're trying to decide whether to sell, and if so,…
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Solar Energy?
Hello everyone, greetings from the UK. This is my first post and i didnt know where to put this question, i hope its the right place. If i have land some where in the country side, would it be possible to get a contract from the government for putting there solar panels on my land therefore earning me money and getting…
