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can he?
Hello.my German friend want buy a home in UK cash and rent it out .my question is how much tax he will have to pay ? he lives in Germany and works there as busniess owner.for example if he buy house for around 100k and rent it out for around £500 a month how much he need to pay tax? please any advice ? i dont k ow anything…
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Stamp Duty & Shared Ownership
I am utterly confused about SDLT on Shared Ownership (leasehold). Until recently I was under the impression that as long as my share was under £125,000 I did not need to pay this at all. Now, a solicitor and a shared ownership company have told me that if my rent based on the unpurchased share is more than £4,200 per year…
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Online 2 page tenancy agreement?
Anyone happen to know a specific site where you can download a nice simple 2 page tenancy agreement template? I can only find long ones
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Selling half a house to a developer?
This is all theoretical at this stage, just sounding out an idea. My mother has a big house on a big area of land, in a great location. The house could easily be extended to twice the size. She is retired and lives along. She really wants to stay in this house/area, but the bills are too big and she wants to release some…
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Buying a property being non-UK resident
Hello all, I have a friend (Spanish and living in Spain) who asked me if it is possible to buy a property in the UK. This person wouldnt apply for a mortgage as he has the cash. i live in England and as far as i know that would be possible always that you demonstrate who you are and strong evidence of where the cash comes…
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Not sure if I'm after advice or reassurance...
Hi, As my title suggests I'm not really sure if I'm over thinking things but... We are in a fairly small chain of buying and selling. We're in the middle, the people we are buying off are moving into a vacant property and the people buying from us are in no chain (parents buying for child to live in) My solicitor is…
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Vendor has gone quiet - contact them directly?
We've had our searches and survey completed, and have received the formal mortgage offer. However our vendor has seemed to have disappeared and hasn't been responding to the estate agent chasing them up for a few weeks now. I found out their names from the land registry title it it seems one of my friends actually knows…
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Unwanted Houseguest removal
Long story but a 'friend' - not a particularly close one, but one that I got on very well with - left her husband at the end of January this year. I said (foolishly) "you can stay as long as you need"... not thinking she would still be here 7 months later and still not paying rent. Did I mention she had been unemployed for…
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Who can request a council tax band valuation?
I have received a letter about my council tax band from the Valuation Office Agency. I have not asked for it so who else can ask for my house banding to be reassessed?
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Gas and Electric certificates?
Hi, I was wondering if anyone could help. I'm in the process of buying a house (first time buyer). The survey has been done and come back saying the electrics are not up to standard and I need a gas certificate to make sure all that's ok. These were both graded as a 3. The survey recommended I get a report for both gas and…
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got a buyer now I can't find a house to buy
I thought I was doing so well, with an above asking price on my property. The trouble is, I just can't find a suitable house in the area I want to live in. My buyers are patient, bless them, but there will be a limit. They are not dependent upon selling theirs to go ahead on buying mine. I am on every register, alerts…
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Is it common for seller not to be fully moved out on completion
mods, please delete this thread.
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Mortgage as a student
Hi Does anyone know what the chances are of my partner and I obtaining a mortgage while I'm a student? He works full time and I also work 14 hours part time. I also receive full student loans/grants. We will hopefully have approx 15- 20% deposit to put down on a place. Thanks for any advice
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Rental increase
Hi, I haven't posted for a while but could do with some advice, please! We rent a home from my Aunt, we have lived here for 6 years 2 months (if it helps we never missed a payment). We were advised this week that the rent was increasing from £473.81 to make our monthly rent now £563.33. (£109.34 to £130 per week) I have no…
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Help,location location but want to be mortgage free!!!
Hi People Please help Question for those who are on the journey to Mortgage free or already mortgage free, currently selling or buying. I am deciding where to move, this is part of a bigger picture to become mortgage free but i'm struggling to make decisions about the right next step. I have three approaches as I see it:…
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I've been mulling something over.....
I currently own a three bedroomed terrace in a not very nice area. It's a dump, but I've been living here for over ten years. Neighbour issues were a problem in previous years, but things have calmed right down. I own it outright after my Dad died leaving an estate in London which was sold off leaving me and my brothers…
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Way out of Joint tenancy if found someone to take over?
Hi all I'm hoping I am in the right place (if not can someone direct me?) My son is currently in a joint tenancy with his ex girlfriend. He wants to terminate his half of the tenancy (given the ex prefix to the word girl friend!) his ex girlfriend is remaining in the property so it is not the full tenancy that is being…
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Solicitor wants proof we can pay them the fees
Is this normal? We understand they ask about the deposit for money laundering regs but I'm a bit peeved as to them asking for proof of our ability to pay them. As it goes we are a bit short as paid out for some other bits and because we were told we didn't have to pay it all in one anyway. We've been refusing to pay the…
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Exchange and Completion disaster
We are in a four house chain (top house is vacant, our house is the bottom of the chain, selling to someone buying for BTL purposes). We're about 12 weeks on from when we accepted the offer on our property. We originally wanted to complete for 21st August but because conveyancers don't work efficiently, this day came and…
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Finally found a house we like - next steps?!
Hi there, We have been looking for almost 2 years for our "forever" home and we are pretty sure its the property we viewed this evening! Currently live in a terraced house that we have a mortgage on. We have savings but the majority of the deposit, fees etc for the new house will come from the equity in our home. Our house…
