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Stamp Duty, Let to buy conundrum
I would like some advice about a purchase of a flat I’d really like to buy. It costs 340k. I already own a flat worth 280-300k with @80k remaining to be paid on the mortgage, it is not in a nice area so I think would take a while to sell. My current accountant said I should form a limited company and make the flat I…
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Help with Stamp Duty for main residence move while owning another flat
Hi all, Need some advise regarding stamp duty. My and my wife currently live in a property we have mortgage on and are looking to move to an another property closer to a school priced at 500k. My wife also owns another small flat in scotland but that is not our main residence. Do we have to pay additional home stamp duty ?…
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Side-by-side: realistic net rent vs. net sale proceeds after fees and CGT" report.
Hi everyone, I'm a landlord trying to decide on the best path forward for my property. I'm not getting an accurate picture from the usual online valuation tools, so I'm looking for a more in-depth analysis. Specifically, I'm hoping to find a firm that can provide a "side-by-side: realistic net rent vs. net sale proceeds…
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How accurate is the EA calculation for surface water flooding?
Hi,My partner and I just got an offer accepted on the house but realised that is listed on the EA website as low risk of surface water flooding but the neighbour on the right is high risk.The neighbour on the left (and most of the street) is really low risk.Wondering how worried we should be and how accurate the data…
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Implications of selling or renting mum's house?
I have no clue if i should post this here or elsewhere. If elsewhere, please let me know. My mum had dementia for 7 years already and one of the family lived with her in mum's house. Mum, who's 90 then had a big stroke which has meant her needs increased and her home was not great for her. We moved her to my sister's house…
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Completion statement issued after completion - £20k+ owed
My solicitor issued me with a completion statement after completion, showing a large balance which I did not expect. The issue stems from a mortgage which was less than the agreed amount applied for. My mortgage advisor says it was a responsibility of the solicitor to identify the shortfall. I am aware that I should’ve…
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Auction disaster advice
Advice required. We have made a very foolish and costly error. After a very kind gesture from our parents, they offered to buy our son his first property to get him on the ladder. They found a local property listed in our area on a property auction site. Neither them nor us had ever taken part in an auction before, They…
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2 weeks final rent
I have an unscrupulous landlord. When I checked with him in email where to pay final 2 weeks' rent to double check payee details are still correct, he gave me a totally different detail to what is in contract, and when wanted to set it up in bank the payee name is incorrect. I was advised by bank and result of online…
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Slow land registry - removing expired restriction
Does anyone know if there is any way to get the land registry to expedite the removal of an expired restrictive covenant? We're currently in a chain that is at risk of collapse with our buyers not wanting to proceed unless a restriction that expired a few years ago is cleared off the title. We were told initially that it…
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Access to shared pathway and parking on shared pathway
I live in a semi-detached property with a shared pathway access to the garage. I have a car park in the front of the house and park mine there. Neighbour doesnt. They recently let out a room to someone who now parks his car in the area marked in blue between the two properties. Their garage is not usable and the person…
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Leaseholder Section 20
HI, hope someone can advise please. I have a leasehold flat (block of 43, lived here for 5 years) and have just been served a section 20 for "Urgent" works from the management company. OK I understand that I get 30 days consultation but three days later I receive an invoice (based on estimate) for payment within 15 days.…
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Burglar Alarm on selling house - Scottish law
Currently selling Dad’s house as executor. House has a burglar alarm but this was disable a few years ago due to my elderly parents getting in a panic when it went off during the night even though not set. We’re not removing it but do I need to get it connected again?
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Selling house care home fees
My fil had a stroke last year and had to go and temporarily live in a care home that was a year ago! We have finally been able to secure an adapted bungalow for them to both move in to. I have a few enquires My my fil and mil own there house mortgage free, obviously this now needs to be sold in order for them to move into…
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Stamp Duty Question please
My son is buying a flat. He has been renting up till now. However, a few years ago he inherited 1/4 of a cottage, which was sold & he is using his share of the proceeds as deposit on his flat. So my question is - is he still a first time buyer? thus exempt from stamp duty up to £300k . Or does briefly owning a share of the…
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Right to Buy - why wasn't I informed?
Hello, I am a tenant of 19 years in Leeds. I have put a lot of money into my home and wanted to do the Right to Buy, which I started on 1st November, 2024. My ex husband then passed away unexpectedly and a whole host of other things. I went to continue my right to buy application to find that the discount had been changed…
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never seen this before
A residential property in our area is been offered by an established estate agent with an asking price of £245000 . It also advertises the fact that it has already received an offer of £200000 and anyone wishing to offer more should do so in writing. Anyone ever seen this type of sale before and also if the displayed…
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EICR Certification when selling a buy-to-let property
Good afternoon, I am currently in the process of selling my buy-to-let property after my long-term tenants (since 2017) moved out in April 2025. The buyer's solicitor has sent my solicitor a series of questions one of which is to share an EICR certificate. I had an electrician recently do the various checks and the EICR…
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Renting out privately or via an agent
Can someone give me the brief pros and cons of renting out a home privately vs using a management agent? A family member is considering renting out their home whilst they live abroad for a year and they think it's a simple task to do it privately and get one of the family to manage it for them. I'm not so sure that's the…
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CGT
Can someone help please we are selling our second house and we will have to pay CGT. We had in 2012 a large decking area with pagoda installed at the cost of as I can remember about £8500, but I do not have a receipt I have tried to contact the builder but he has since gone out of business?.
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Is this planning approval in1974
The house we own had an extension (less than 3meters) in 1974. We have the original plans with the stamp from the council on. Is the stamp approval of the plans? (Although today you can build an extension less than 3 meters) Or is the stamp, to say they checked the extension?
