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Strange Tax Question
If someone cannot live alone for a period due to poor mental health ( for example a severe eating disorder) so rents their home out and moves in with friend/family would they still be liable for capital gains tax on any increase in value of their house if they eventually sold or would they be exempted in some way? Thanks
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SDLT/Tax question
My property issues are described in the waiting to exchange thread, but I have some specific questions, so starting a new thread. My GF and I were both selling our houses and buying a new build. It seems her sale has fallen through, so I am applying for a mortgage to cover the difference whilst she re-lists. As we are…
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Splitting house deeds
We've got an unusual house. What currently looks like a single property is in fact two, each with their own electrical and water connections, and two lots of council tax to pay. They're currently on one set of deeds (with two titles) and linked by an internal door. Our time to remortgage is coming up and we've built up…
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Awaiting Approved Transfer from Sellers Solicitors
We are in the process of buying our first house and curious what the above update means in layman terms. We have signed the contract but not yet exchanged so am I little confused. Is anyone able to help advise please :)
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Will surveyors take into account previous surveys?
We have a homebuyers report being conducted on our property. Just wondering, if the surveyor spots any issues, will he discuss them with us, as the owners, before he files his report? We had a structural survey done a few years ago as there were a few cracks that looked more than cosmetic. However, the structural engineer…
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End of tenancy deposit -non-responsive landlord?
Hi there, I have read through the guide on here but still a bit unsure what to do so any advice would be greatly appreciated: * I recently ended my tenancy and moved out on Monday 19th April * I received the inventory check-out from the letting agent on Monday 26 April, there was some notes in the inventory about things…
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Offer accepted - Next?
Hi, We’ve had a offer accepted for a property yesterday. First person in our family to buy on the open market apart from a couple RTB’s so really stuck for advise. Are we supposed to instruct a conveyancer now? I’ve been getting quotes and they vary so much. Do we take out home buyers insurance before selecting solicitor?…
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Previous Occupant Debts on my son's first apartment
So this has taken the shine of my son's first step into the real world. At 19 he rented his first apartment on Feb 21 during lockdown and was excited. He moved in and we rented all of the previous post to the respective senders. However, it appears the previous occupant left debts with Utilia & SSE so I contact them and…
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Rent Arrears
Hello I hope someone can help. I have rented my council bungalow for over 2 years and receive a small amount of housing benefit which is sent straight to the housing association. I am in receipt of a small Belgian pension which changes every month due to the exchange rate. I then neped to notify the Housing benefit of this…
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Buying a house which currently has tenants
Hello, one of the properties I’m looking at to buy as my own home currently has tenants (their tenancy agreement is due to expire in a few months time) it may possibly be an HMO, and I get the impression that at least one of the tenants are not 100% happy about having to leave - I’m wondering, as I would probably have to…
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Inspection chamber in property boundary
Hi guys, in property building survey and drainage search report it has indicated that there is inspection chamber in front of house within boundary. It seems to be for public sewer and few pipes at side. In search it also says that owner has build over agreement but I am not sure as there is just chamber in front of house…
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where to put house sale money
I'm just about to receive £600,000 from sale of my house. I'm moving to wifes old flat whilst we look for a new property. Where should I put the money. Might need it quickly when we find somewhere but want to offset as much as possible the rising market Cheers
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Flood risk change
Just wondering if anyone has had any issues with the find your flood risk search ranking on the gov.uk site? I am in the process of selling and was surprised to see that 20m from my postcode is now at high risk of surface water flooding. I checked my original purchase environmental report conducted over 10 years ago and…
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Previous home owner not paid for kitchen. Now I own the property. Am I liable ?
hi, I am about to exchange on a new home. During a viewing the vendor mentioned in passing that they haven’t yet finished paying for the Wren kitchen that is installed in the property. If they don’t pay off the debt, or finish paying for the kitchen, will I become liable for the payments?? Or will the debt stay with the…
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Capital Gains Tax on overseas house
Hi, I don't know whether anyone can help. I bought a house in the US 20 years ago when I was married. I paid the deposit, mortgage since that time and all the legal fees associated with buying the house, as well as all the repairs. In the divorce, it was agree that we would sell the house and split any costs/profit 50 50.…
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FTB - Environmental search and contaminated land
We've had our environmental searches back and the report has a 'requires further investigation' part which says we are within 25 metres of unknown infilled land and a factory of unspecified use. The map dates back to 1962 and suggests there was an old quarry near our house which was built in 1970. What are our actions and…
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Leasehold house - £20000 contribution needed to upgrade roof. Any help appreciated.
Wondered if anyone on here has any experience and could help. Daughter bought upstairs flat above a council tenant. Metropolitan leaseholder has decided to replace all maisonette roofs on the estate and daughters contribution is £20000 at least. This makes the total cost of the whole roof replacement at £80000. There are…
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Stamp Duty shared ownership resale
Hi All, Wondering if anyone would be able to advise :smile: We're buying (attempting) a shared ownership resales property. The shares are worth around 170K, with full market value under 500K. Both first-time buyers. It is (was) my understanding that no Stamp Duty would be due, even when the Stamp Duty Holiday ends on 30th…
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Rubbish being dumped outside my flat
Hi can anyone help me. I live in an apartment building and someone from the upstairs flats has been dumping rubbish in the communal entrance. It first started with a double mattress, then a for sale sign turned up then a broken TV stand and then yesterday a microwave. I have spoken to.my letting agency about it all and…
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TA6 Form
Hello everyone, I would need to know how to find out if information provided by previous seller on TA6 form is untrue. I have bought this apartment in May 2020 and since then I am experiencing issue with neighbours (illegit B&B against the terms of our lease). I have therefore contacted Met Police and council with a FOI…
