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Capital gains tax on selling
Me and my 2 sisters have inherited my mums house The deeds are still in my mums name They both will buy my share 33% Do I have to pay CGT on this ? Thanks
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student property investment
Hello, First of all, I'm not sure if this is the right forum or needs to be moved to Savings and Investments ?! How can I ask a mod? Can I ask if anyone had any experience with Student Property Investment ? I was thinking to buy a house as an investment but I've came across this and I'm not sure if is worth it or not...…
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part rent / part buy
I have a house that I part rent and part own and its been for sale for about 14 months now as my partner and I want to move in together but in a different area of the country but with no sale so far . So my question is if I were to get a mortgage to buy the other 45% and want to rent it out what are the options available…
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Home ownership among young people rises
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Water shutoff valves - plumber callout fees
I live in a block of flats in Leeds which is run by a management company. I own the flat I live in. Last year they were having trouble renegotiating the buildings insurance due to multiple recent floods within flats in the building. The insurance company mandated that every flat must have a timed water shut off valve…
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Help to buy or not?
Good morning all, Myself and my partner live in Preston, Lancashire, we have just sold our first home and are looking to buy something bigger. We can currently afford to spend about £320,000 which seems to be the right price for a 4 bed new build in the area. My question is, does it make sense to buy now or wait until the…
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Ex partners rights to equity in house / house after split.
Split after 15 years of being together. Unmarried but engaged. Bought house 3 years ago in my name, I paid deposit and fees etc, I've paid every mortgage payment since and every other bill which are all in my name EXCEPT council tax in joint name, which I've paid always, and water rates in only her name which has…
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Rat problem
Hi, I’m looking to seek advise as I’m at a loss of what to do now! I bought my house in December 2014, not long after moving in I noticed a awful smell in my kitchen, as I was having a new kitchen I ripped the kitchen to bits and found under one cupboard it was full of rat poos! I renovated the house and found the same in…
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Is Buying a house on the Help to Buy Equity Loan scheme worth it?
I have been thinking of buying a house using the Help to Buy Equity Loan scheme. Am i right in thinking i'll be hit with a large bill in 5 years when i have to start paying back the Government's loan portion? I am wondering whether it is worth it just to get on the ladder, rather than trying to raise a larger deposit.
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Does stamp duty need to be paid?
My friend has just sold her house and purchased another. She is married with children and her mom lives with them too. A few years ago, she was signed over her mothers house in Ireland, as her mother has dementia. It hasn't been lived in for over 30 years and isn't habitable. She plans to sell it. My question is, will she…
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BTL, Yay or Nay?
Firstly, I am considering investing in a BTL property, and any thoughts on whether people think this is still a decent investment idea are welcomed. Secondly, I want to make sure I have thoughts about all expenses and costs properly. Say the house is 125K, I would pay 3% stamp duty on a second home of £3750, and…
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Wards Estate Agent Fees - Negotiable?
Good evening, I’m curious as to whether anybody has had success will negotiating fees with Wards Estate Agents? They have quoted me with a fee of 1.5%. I’m quite keen to reduce this to 1% as I believe we have an extremely saleable property but am not brave enough to go with the likes of Purplebricks! Many thanks, Daniel
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Leasehold alteration charges
I currently have around 70 years lease left on the property, the property is privately owned and the freeholder is Tulsesense Limited. I would like to replace our single glazed windows which are completely rotten with double glazed UPVC windows. The new windows will have the same design and layout and it is similar to all…
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Restriction on title deeds
Hello, The property that I am in the process of buying has a restriction on the title deeds, in favour of a finance company. The vendors solicitor have after 3 long months provided an undertaking which states they have another undertaking from the debt company who say that they have an instruction from the restriction…
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Land Registry: colour on plans is faint
I am/was nearly at the point of exchanging contracts on the sale of my leasehold flat. However last week my buyer's solicitor threw a spanner in the works. A deed of variation was drawn up for the four flats in the building in 2016. The plans were accepted by my lender, the freeholder and the Land Registry. However the…
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What to look for re reselling a property
So, we've seen a house that we like that is quite expensive for the area, but that's mainly because it is new-build with high spec, and has a garden and parking which is unusual for the area. The houses next to it sold for similar prices a couple of years ago (slightly lower, but it was 2018 and they have smaller gardens),…
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Moving to Ireland - Removals company
Hi I mentioned in a previous post that my wife and I will be moving to Ireland in a few months time. This is the first time we are making such a move and we essentially need to move the contents of the house (minus the beds and sofas). Does anyone have good (value for money, trustworthy/reliable) removals companies that…
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Renting out a house, agent wants us to move all plug sockets
Hi all, Anyone with experience on this? My GF has lived in her house for about 4 years but has just moved in with me, she is going to rent her place out for a while rather than sell up (hopefully she sells in a year or so). The agent she's used has commissioned an electrical safety report on her behalf and it has turned up…
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Help to buy V shared ownership
Ive a couple of questions relating to buying a first home. Ive looked at both shared ownership and help to buy. One question I cant seem to find an answer on is this. With help to buy, after the mortgage is paid, is the government loan payable all at once or is it paid over time somehow ? Im aware another mortgage could be…
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10 year major repairs by council
I rent out a flat which is in a council owned building. Every 10 years the council paint & repair the external of the building, communal hallways etc. Can i claim this invoice on my self-assessment tax return?
