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Any pitfalls TAX advice Renting out Mortgaged leashold flat
Offered Job working abroad for 2 years as an English teacher in an International school Seeking Advice - any pitfalls ? in Renting out Mortgaged ( leasehold ) furnished flat ? Note - not financially viable to sell flat via estate agent? as approx 10K negative equity in property.Rental income (according to zoopla ) should…
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help with financial advisor
i recently sold my house to ex husband we had agreed a price between us so no advertising etc. i said i would pay all fees etc as ex didnt have deposit financial adviser is now/has charging me £395 product fee (he said for the halifax at start) £395 application fee (again he said for halifax) £500 network fee (said he…
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Loft space used as bedroom - no planning
Hi, Seen a house ad where the loft is advertised as 'loft space currently being used as a bedroom (no planning).' FTB so unsure about these types of things but what does this mean to me as a buyer? Do you need planning permission to board a loft and use it as a bedroom? What are the implications of no planning permission?…
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Landlord insurance - where to start?
want to ask my lender permission to let. want to research on LL insurance? which website has a comparison or where can I find a broker for insurances? would really appreciate your replies!
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the dreaded Chancel Liability
Hi Folks I have read a lot about this, here and otherwise but hopefully this is a bit different. The property we are in the course of buying is set on land that was sold by the church commissioners but and here is the thing it was sold by them in 1986. To the company that built the houses. I cant believe that land sold so…
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Small claim - evicted tenant
I have recently taken a tenant to court in order to evict them from my property. We won the case and they were evicted, however they owed a large rental bill of around £4000, without the court costs of around £2500. Can I now go through small claims in order to try and recoup some of these monies. Is it true that the govt…
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Finding your own surveyor?
So we've exchanged on our current flat and hoping to move to a house soon. We were sorely disappointed with the surveyor when we bought our flat so definitely not using them again. But then again how do we find a good surveyor? The one from the bank (HSBC) had terrible reputations so not going with them (apart from the…
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Another query about leaseholds and freeholds
Seeing as I got such good advice on here with my last query, I'm back with more questions. Have seen another flat am potentially interested in tonight. Tenure details as follows: - Flat is leasehold with 91 years remaining. Ground floor flat, one of three in the building. - Freeholder is the property development co. who…
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Buy to let dream
Anyone have any experience of buy to let investment? I am in the fortunate position of outright owning my own flat however my income is fairly low at the moment as I am beginning my career/ not very good at making my cash go far! I'd love to save enough to get a deposit down on a small house and let out my flat to pay the…
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Relocating to Aberdeen
Hi all, After some help from any Scots or people living in Scotland at the moment. I am looking at relocating to Aberdeen and would like to start my research into the housing market now, so I am prepared for when I finally get there and hope to perhaps buy by the end of the year. Can anyone recommend some decent areas, I…
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Aaaaagh! neighbours selling their identical house!
Mine is one of a pair of identical new built houses built in an infill plot. Neighbours has been rented (by the developer) for 6 years, ours owned since new. I have spent the last few months readying it for sale (fixing little diy jobs, touching up paint, washing carpets, planting flowers etc) and am putting it on the…
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Stamp Duty on residential rental property
Looking for some of the property guru's help please. I searched www and on here but couldn't find anything recent. I am just about to sign a new tenancy agreement for a London property and in the attached email as well as the agreement it says: "you are responsible for the payment of any Stamp Duty Land Tax which may be…
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Wishful Thinking or A Slim Chance?
My BF & I are currently renting (it'll be 2 years in Sept) and are starting to wonder if we will ever be able to get on the property ladder. Our current situation is as follows: I have around 10k saved in an ISA, to which I add £125.00 every month. My BF also adds £125.00 per month (that's a minimum of 3k per year between…
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Stamp Duty Avoidance - Legal or Scam?
Hi there, I am looking to buy and registered my details with several EAs on Zoopla. One EA called back to discuss what I was looking for and recommended to me (for a commission, no doubt) an independent tax accounting firm who could help me "save" on SDLT. So my details were passed on to this firm who called to say that…
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ftb what should we pay
hi we are ftb's and have seen a house listed at 145000 overpriced we think it has nice large rooms but whole house would need redecorating and new kitchen bathroom and new d/s w/c what would be a realistic offer as dont want to upset sellers. also know the house they want to buy is currently under offer as we viewed that…
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Agents withholding deposit once landlord agreed to release
Hi I have been reading these forums for a while but thought I would post as I am seeking advice. We moved out of a property on 28th February, and within a week the landlord had instructed the agents to return the deposit to us. Nine weeks later we are still waiting. I have spoken to the agents on a number of occasions to…
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FTB: How difficult is it to extend a lease? Is there something wrong with this flat?
Hi there, I am a FTB and recently saw a property that I was interested in buying and just wanted a second opinion. The property in question is a leasehold 2-bedroom Victorian converted flat in London. From Zoopla, I found out that the property has been on the market since summer 2012, when it was initially asking £325K,…
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When to start searches
This may be a silly question and although I've read up loads on the process of buying a house, I'm getting a little confused about the order to do everything! I've had the offer accepted, mortgage valuation was OK and now I am just waiting for my full building survey report (which is taking an age!). My mortgage…
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Floor plans from previous house owners
Hi How can i get confirmation that a bathroom was moved from one position to the next. Are floor plans available from not current vendor but from the owners that lived there before them. I have been told that bathroom was removed initially from previous owner and re-instated by the current owner. There are no building…
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Looking at temporary accommodation in Nottingham for 2-3 months any ideas?
I am trying to get temporary accommodation in Nottingham for 2-3 months (basically a bed and roof over my head) but not keen on sharing any ideas? Preferably as cheap as possible..
