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Buyer trying to sue
I sold part of my garden last year. It was all done through solicitors. I sold the land with planning permission for a 2 storey 3 bed house. I received a letter from the man that bought the land a year a go asking me to pay £5000 to have electricity cables moved off his land (the land I sold to him) as he is not allowed to…
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Need advice after evicted a tenant
Tenant was evicted. Locks changed. House is a complete tip, with lots of old dirty clothes, footwear, bedding etc. Bottles and cans of booze everywhere. Looks worse than a pig sty. Plus most of the rooms stink of stale cigarette smoke. Both the gardens are full of junk too. I do use a letting agent, but they have not dealt…
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Avoiding second home Tax
Dear readers. I am stuck with a dilemma? I have been wrapping my brains round finding a solution... Can I buy second home and avoid paying this stamp duty/land/home tax, whatever you want to call it. The home I rent out is in (England) only worth about 70k and we want to buy a family home in Scotland as our main home. Do…
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Purchasing a New Build
We are currently in the process of looking to purchase a new build property. The development we are looking at will incur a service/maintenance charge and is also subject to restrictive covenants. What is the possibility of removing the covenants? as many of the details are extremely restricting. It almost feels like its…
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Stamp duty (1xftb & 1xnftb)
Hi Been receiving conflicting information from mortgage broker, sales consultant and online so looking for some clarification. I am currently getting divorced (should be finalised by April/May) and have put an early bird deposit down on a house with my new partner. - early bird is £500 for first refusal when plot is…
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Share Capital Gains Allowance
hi My wife and I sold a second property recently, the property was in my wife's name only. The proceeds are shared between us and we used them to pay off our mortgage. My assumption is that as I gained from the sale I should pay CGT? if so can I use my CG allowance together with my wife's? Or is it the case that my wife is…
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Council tax query
My mother in-law has bought a bungalow in October. It had been unoccupied for over 2 years. It needed work doing to it before it was suitable for her to move in. She is due to move in next month. When we queried the council tax we were told she couldn't claim for unoccupied discount or single person discount but actually…
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Landlord trying to remove external fixings from repossessed house
Hello. We are tenants in a repossessed property. The courts granted possession to the lender in October. We applied to extend and was granted until 29th January. It's all sorted. We have somewhere to go. Today the landlord (who we don't have a good relationship with for the above reason) came and started measuring the…
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Selling family home and Capital Gains Tax
Hi everyone - hope you can clear this for me. My parents are selling their family home, due to ill health, and are moving in with family to help care for them. My Mum says she has read somewhere that if you sell your house and don't buy another one, then CGT is due. I cant find anything to confirm this, but thought I'd ask…
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Landlord acknowledging notice to quit?
So I have been renting a flat for the last 8 months. The fixed term is 12 months with a break clause after 6 months. That break clause states that I must give 2 months notice if I wish to terminate the tenancy. I sent my notice to my letting agent, followed it up the next day with a phone call to ensure they had got it.…
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Inherited house and siblings
Hi all, Just looking for some advice, as I haven't got a clue what to do! My Dad recently passed away and he left me and my two siblings his house, which is worth approximately £120,000. I currently live in the house with my sister. My sister would like to buy me and my brothers share. What would be the best plan of…
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Advice - Should I purchase a home
Hello, I am in a fortunate position at 21 years old after working hard during my apprenticeship to have accumulated 30k. I have no debts and would like to purchase my first house as an investment. I am however concerned with brexit regarding the housing market and wonder if its wise to lock up all my money in normally a…
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Does no bath affect value
I have a four bedroom house with a main bathroom and an en-suite. Can anyone tell me whether my houses valuation or resale ability be affected if I took out the bath and replaced it with just a shower?
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New Build Maintenance Charge
After a bit of advice - We are currently looking at a Redrow development in Droitwich which will incur management/service charges. The company that will take over once the site is complete is Trinity. The charge starts at £277 but from my understanding this is unregulated which could mean we could get charged the earth in…
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Complicated stamp duty question!
Hi folks, I have a home which is mortgaged in my sole name and I live in it. My partner (long distance relationship) has a home which is mortgaged in his sole name and he lives in it. With a view to moving in together in a year or 2 we are looking at him selling his house (soon) and buying another which he will live in for…
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Selling house to pay for care?
Hello, Hoping somebody can shed some light as google gives a few different answers.. Here is the situation, my Grandma & Grandad have lived in the same house since they were first married, they brought up both their children there. My Grandad died 6 years ago & my Grandma is now facing going into care after a few health…
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Redemption letter from Target HCA?
Hoping you guys can help. I am selling my apartment which i purchased using the Help-To-Buy scheme. I went to the official myfirsthome.org.uk site and followed their guide. I completed the forms and sent them a BACs payment of £250 for their admin fee. And confirmed this via email, as per their guide. This was on…
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Help with ideas for dealing with legal action for ground rent
My elderly uncle owns a maisonette, but he has to pay ground rent as he doesn't own the land. The ground rent company were supposed to do some maintenance but never did so my uncle withheld payment. It took a few years, but they finally did the work, so my uncle paid a lump sum to settle all the outstanding years when he…
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House buying options advice
So to give a little background, i'm a 25 year old M living near Old Street, London (central location) in a 2 bedroom council flat with my mum, we've been here since I was around 1 (24~ years). My mum's recently retired and doesn't work as often, so I pay the majority of our rent. But i'm growing older now and because I…
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Stamp duty and Ex re-mortgaging
I'm posting this on behalf of my partner; The background is: he's currently waiting for his ex- wife to remortgage their martial home which she lives in with their children and her new fiance. They divorced over 2 years ago and she was suppose to have remortgaged and bought my partner out in Feb 2018. In Oct 2018 my…
