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What terms of indemnity insurance prevents you from taking it on if you've spoken to the council?
test test test
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I am selling my share of the house to the joint owner - do I have to pay tax on this?
My friend and I bought a house together in 2016, but recently we decided to go our separate ways. We both agreed that I would sell my share to her, with the amount based on how much money I have put into the house so far (original deposit, mortgage paid so far, building work etc), so I don't consider any of it profit. The…
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Inhibitions house sale
Can you sell your house if there are inhibitions on it but the sale will cover the debt? If so how long would it take to lift the inhibitions?
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Council tax discount
I will probably be taking in a lodger in the next few weeks. The last time I got anything from the council my daughter lived her and she was in full time education, so I received the 25% discount. Should I inform the council about my new occupant straight away? It will start off as a 3 month stay. I believe that if I am…
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Stamp duty question
I have a question in regards to the new stamp duty laws. In April 2016 the higher rate stamp duty was introduced. However, it was retrospective and was also being applied to properties bought prior to April 2016, I believe from end of November 2015 onwards. Now the new budget was introduced in 29 October 2018 and I noticed…
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Nested - and appointing solicitors
Hello all, We posted (what seems like) ages ago about problems with our buyer, who was not proceeding with their mortgage application. We have offered on a flat, out of London, based on the offer we received back in July. Our buyers, renting locally, seemed great to start with but the catalogue of delays about why their…
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Making a fresh start, where would you live?
Hi All, Thanks for reading my thread :j I'm looking for some advice and I suppose its quite an open question at the moment (apologies for being vague at times) I'm 26, and run my own recruitment company (please don't judge me, I'm a nice recruiter, PROMISE!) Myself and staff all work remotely, therefore I am not tied to a…
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A bit confused - order things are done when selling/ buying
Morning everyone, I am naturally a worrier and stress very easily, so selling our house and buying another has sent my anxiety levels rocketing! This is probably a very straightforward question, so I hope someone will be able to help me. We have sold our house for £127500 with an outstanding mortgage of £2500. This gives…
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Anyone brought and sold twice within a year?
Feel like we’ve made a mistake, absolute house of horrors, the £££ we’ve got to spend on it wouldn’t be far off fees! Only been in it 8 months, happy to cut losses (wouldn’t be any!) and look to buy again. Anyone brought, sold and brought again within 12 months?
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Help. Using home to fund a house purchase
Current situation - Mortgage free on a home with a value of circa £325-£350k - 36 years old , married with 2 children. -Household Income £56k per year - would like to buy new property currently for sale at £425k Objective - Purchase the second property which will be the family home and rent out current property. - Be as…
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House swap with son
We retired a few years ago but still fit and active. We live in a large 4 bed Victorian house in an area which has gone up in the world so is now worth a tidy sum. It is mortgage free. Our only child, our son, lives around 20 minutes away with his wife and two children in a 3 bed 1930s house on which he has a large…
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House Exchange/Swap
Hi all I’m having a difficult time st the moment, the are 4 of us in a 1 bedroom maisonette I have been actively trying to move for the last year before my little one was born but I keep coming up short. I have tried the council list, house Exchange websites even Facebook. I was wondering if anyone on here is looking to…
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+++HELP+++ tough spot with new property
Hi all and thanks in advance for your time. My wife and I are first time buyers and have found a great property in East London: The house is in very good condition, therefore we placed an offer which was accepted. our survey and searches came back, we are facing the following challenges - a covenant was found on the…
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Capital Gains Tax: Moving Back Into Our Former Home
We have been living overseas (not EU) for two decades as spouse has been on expat contracts and can’t find any more employment. We are returning to live permanently in England next Spring and will need to move back into our house which has been rented out; we have no UK credit rating as far as I’m aware and we need to…
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Help to buy........ help?
Hello all, I can’t seem to find a direct answer regarding the h2b eligibility to my current situation. So hoping I can get some help or advise.... Currently I own a flat as the sole owner with no one else tied to the mortgage whatsoever. I am looking to purchase a house with my girlfriend in using help to buy. I understand…
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Buying a first home, ideas
Hi, just thought i'd ask on here as i'm sure many people have been in same position. Planning to buy my first home around Mar/Apr next year. As everything is new to me, i thought i'd better start researching and getting prepared. So currently i know i can afford £270k and i want a two bed house or flat. I have a large…
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Stamp Duty: First time Buyer Marries Homeowner + new property
Hi, I am hoping that this thread can clear up my confusion where I stand with stamp duty rates and tax, I have done a lot of research on the web only to find conflicted answers and some of whom were solicitors. The scenario is this: I have been saving as a first time buyer to buy my own home for about 10 years, I recently…
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Estate agents contracts and changing agents.
Hi, I am in the process of selling my house but not happy about the estate agent. They do not tell me when all buyers are viewing. They do not accompany all the viewings, which they agreed to when I signed up. Especially if they are after 4.30pm. When I signed up I told them that I did not have a property to buy, I advised…
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Conflicting surveys
Please heko me before i lose my mind 😣 So we had a full structural survey done, in which the surveyor said that 'relatively high' damp readings were obtained throughout the groundfloor of the property. This survey also stated that the properties external render on the extension was in good condition. Our lender then…
