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Will I have to pay Capital Gains Tax?
I've owned my property since 1997 and thinking of selling soon. I lived at the property for 11 years and have been renting it out for the past 6 years. My question is, as it was my main home for over 10 years will I still have to pay Capital Gains Tax when I sell it? Thank you
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Rightmove - House appearing in searches but not being looked at
Hello everyone... We have had our house on Rightmove for 3 weeks and have had 3 viewings woth no offers. I asked the EA for the Rightmove stats and they mad interesting reading. Whilst our house has appeared on Searches 8000 times, the details have only been viewed 200 times. This leads me to believe that th main photo of…
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Buying a house - suggestions for where to buy
Hi everyone, I realise that this is an incredibly broad question, but in the name of research, I'm asking anyway as forums with real people are genuinely very useful for this sort of thing! My fiance and I are looking to buy our first home - we are currently renting just outside London. We have recently had our first child…
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Seller told us there was a phone line
Hi all, We've recently bought a house, and the 'Property Information Form' that was included with the contracts, deeds, etc states that there is a telephone line, and that the provider is BT. We've had BT (and Virgin) round, and there is definitely not a line in. BT gave us a quote of, wait for it... £7k to put one in. So,…
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Removals - van size for King Size Bed
Hi all, As title- will a short wheel base van take a king size mattress, or should i be going for a long wheel base? Cheers :D
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Buying single house, selling as 3 flats - Tax implications?
Hi All, I have an option to buy a 3 storyhouse that I would be looking to split in to 3 flats and as budgets will bevery strict I would like to know what the possibilities are regarding sellingon once developed. The whole house, number 12, willbe my primary residence but once split in to 12a, 12b, 12c, how will it work ifI…
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Legal right of way-flying shores
Hi, I hope someone will have had experience of this! I'm in the process of buying a listed property. It's 450 years old, and the side of the house has bowed slightly. Next to the house is a small path (which belongs to the pub), and then an equally old pub. About 100 years ago, they put up flying shores (basically, 2 beams…
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Buying an apartment - downside risk?
I'm going to be a first time buyer. I think in the next year I should be able to get a 20% deposit for a 1 or 2 bedroom apartment in Birmingham city centre. I live in the same area at the moment on rent and apartments here are quite nice. My theory at the moment is that my mortgage comes down to roughly the same as my rent…
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Can a bankrupt tenant impact on my own home?
As I mentioned in a previous post, I am considering having a tenant who has had a previous bankruptcy (2 years ago) to let my flat. I am slightly concerned that having someone with bad credit may somehow impact my own personal home - i.e. would any of their bad credit somehow affect anything I potentially applied for later…
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how to get tax rebate for renting out
I recently had someone completing an EPC on a property I'm renting. He advised my partner he would forward me a receipt to allow me to reclaim tax or something like that. Does this sound right and if so, how do I go about it?
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Property prices discrepancy
I had an offer accepted on a property a few weeks ago. The valuer can get access to the house this week and is going out. I came across the following property, which was sold for: 125000 last January (2013): http://www.zoopla.co.uk/property/20-bobbin-lane/lincoln/ln2-4zb/28269428. The same property was sold for: 157000 in…
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Advice on what to offer
Hello, I was wondering if some you could kindly advise how much you'd place a first offer on this property - http://www.rightmove.co.uk/property-for-sale/property-38188424.html - it's been on the market for nearly 2 years. Thanks in advance.
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Vacant house - what would be the procedure
Hi all. In the process of looking for a house or land to buy, I have come across a vacant house. To be honest, derelict would probably describe it better. It is completely overgrown with plants/bushes, and there is even an old T reg Audi parked in the drive (all be it under a layer of foliage). Speaking to the neighbours,…
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Would this be seen as a bit cheeky ....
So managed to get an offer on my house this weekend and an now starting to panic slightly that I won't find my 'dream house' to buy. However , whilst trawling Rightmove for about the tenth time today , I decide to have a look at what rentals are on the market . Lo and behold there is a house which is exactly what I Looking…
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Gifting Deposit?
I currently rent from my dad (pay his mortgage) and rather than save money we have ploughed the money back into the house as it has needed work doing to it. Me and my hubby want to buy the house and dad wants us to buy it from him. He would sell it to us for a price way below the valuation as we have already put so much…
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Too easy at home?
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Tenant is dying, what to do?
Please only answer if you have something sensible to say. I have had a tenant for some years in a flat, he is dying of cancer and is not expected to live for very long, days or weeks, certainly not months. He was taken to and kept in hospital this week-end as he wouldn't eat or drink As far as I am aware he has no next of…
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"renting" house out for free
Hello, My grandmother is looking to move in to sheltered accomodation. She would like to let me (her grandaughter) and my husband live in her house (which she owns outright) for free so that we can save up money for a deposit. I just wanted to know if anyone would be able to give any advice as to the legality of this?…
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When is too soon to sell and move after buying?
We bought a one bedroom smallish flat last year, and although it's nice I'm starting to crave more room. We live in a reasonably nice area in South London, and in another year the flat is likely to have increased by around 50k in value since we bought it. It would cost around 18-19k to move, so we wouldn't lose money, but…
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Advice please! Cemetery expanding on land virtually next to house
We are in need of some advice, we are set to exchange contracts on our first property shortly, but we have just read in the paper the cemetery nearby are set to expand on the land next to our estate which will mean to the left of our property there will be thousands of burial plots sectioned off by a fence! We are unsure…
