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Tax on Trust Property
A property came to me via a trust agreement, the long term occupant having passed away. The trust was set up over twenty years ago to secure the occupants life long residency. I am in the process of selling the property. Will i need to pay tax from the sale money?
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Help to buy isa
Hello I'm in the process of buying a shared ownership flat 155,000 30% share (£46,500) I'm able to purchase the 30% out right with no mortgage. I also have a help to buy isa with 12,000 in it. I was told the help to buy isa bonus won't work with deposit. Should I just take the money from my isa and place it in my current…
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Deed of easement registration
Does anyone have any experience on deed of easement registration times with land registry How long does it take?? Straight forward with everyone agreeing just need registering due to relocation of a septic tank to neighbours land
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Estate agent/Communication
I'm selling my house through a estate agent locally I chose to instruct them because they have 80 postive google reviews. I made clear to the agent from day 1 that I want them to be proactive as I want the sale to go through quickly. 3 weeks after offer was accepted I was the one who asked if searches had started. As they…
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Septic tank Running Costs
I am trying to source running costs for a particular model or ascertain how the Treatment plants actually operate. In the property I am looking to buy there is a Bio Pure 3 Gravity 5 --13 person treatment unit. My research tells me that is a 92w power usage. Do these systems use the same power 24 hours a day or does it…
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Land registry after death advice needed
Hi, my father has recently passed away, we owned a property together jointly with both our names being on the deeds (and on the mortgage) I assumed dad's half of the property would be passed to my mum, but my mum has contacted the land registry and is going to fill out a:Deceased joint proprietor (DJP) form on the gov.uk…
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Estate management fees
Hi, not sure if this is the right area of the forum. We live on a Taylor Wimpey estate with RMG as the
managing agents for the grass and parks etc… We pay about £300 a year, there’s
about 150 houses. For the purposes of this post that’s all fine, not debating that. The question I and others
have is should we be paying…
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Old Management Company Compliance
We accepted an offer on our house in February and so far it has been a long complicated process as the old managment company has a restriction on our deeds. The estate (13 houses, 3 affordable) has a new management company of which we are not members of. We cannot use a RX2, RX3 or RX4 for the old management company as we…
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Council tax when there's an overlap
We're selling our flat in one London borough (Brent) - late in the process, currently driving us to insanity but not the topic here. We've also just agreed to rent a flat in another borough (Richmond) to cover a gap between selling and buying. For practical reasons there is an overlap with our flat being sold and the flat…
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Deed of Easement -
I am looking to buy a
property where the old septic tank was replaced with a newly installed
treatment plant. This is shared with the neighboring property. In
the deeds there is referance to the amounts which need to be contributed to the
maintenance etc and that access was granted to the neighbor However when they…
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Buying a property in the UK with money from abroad
Hi everyone! I understand that any advice given is not legally binding etc but I'm hoping someone might be able to advise or point me in the right direction of speaking to someone please. (Solicitor/financial advisor/accountant etc) My husband and myself both hold UK passports. I own a house in the UK and my husband lives…
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Seller keeps changing goal posts
Hi everyone. This is a long read so apologies. We put an offer in on a house with the (obviously non legal) proviso that we needed to complete quickly as our landlord has given us notice on the house we’re renting to move his mother in. We said we’d like to complete by the 12th June. The seller said that wouldn’t be a…
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I am a landlord by inheritance - wow
By accident of interlocking wills, I find myself receiving a small three figure annual rent on my share in a few acres of agricultural land. Believe it or not this situation has been created by the Married Woman’s property act, the general abandonment of primogeniture, with an intestacy in the mix. I am told that my 1/8 th…
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Estate Agent Fees
Am considering selling a property but don't really know what is a reasonable fee for an estate agent. They don't seem to do much. The property value around £220k. Agent wanted £75 plus vat up front for photos. Then 1.5% plus vat from the sale. Is this really the going rate?
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Road edits
Road edits
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Exchange / Completion
First time ever selling so still have my L plates on in this selling process. Survey has been done, so on the basis they don't come back with anything terrible or they pull out, we hope an exchange date will be coming some what soon. What's the normal process with this? There is just us and the buyer so no chain. Will our…
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Stamp duty
Hi Sure this is a common scenario, just couldnt find the answer from previous searches I own (mortgaged) the house I live in, plus have a buy to let. Looking at online calculators, if I was to buy a new house for £300,000 (and sell the house I live in), the stamp duty would be £20,000.00 However it then mentions that the…
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Registration and application charges from Freeholder for Lessee renting out flat.
Hi, apologies if previously covered but couldn't find anything that relates. Currently a leasehold owner, letting a leasehold flat on AST for a few years, The freeholder and managing agent (same people) have made contact requesting registration and application fees and form filling, requesting all info regarding name of…
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Got Planning Permission—but a Covenant Says No! What Will Insurance Cover?"
I’m buying a piece of land that has planning permission to build a house, but it also has a restrictive covenant saying it can only be used for agricultural purposes. The seller has offered indemnity insurance, but I’m trying to understand what that actually covers. If someone enforces the covenant and says I can’t build…
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Section 21 notice
A friend has been served a section 21 notice and only has a couple of weeks left until the date she needs to move out. The landlord is selling. My friend is purchasing a property for herself but it is taking time to go through and will likely be a while longer until completion. The landlord is adamant about the move date…
