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House Clearance firms
Hopefully in the final throes of selling my late parents’ house. Proposed entry date of end of October. I have cleared most of the contents but what is left now are the bigger furniture items so need a house clearance done. I’ve got three quotes with a huge difference in price. First one was just over £1400 and would take…
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Tax Implications for keeping the money from a gifted home?
My elderly father transferred, on the Title Deeds, ownership of his home to his 3 children 5 years ago & continued to live in the property. He is still alive & the home is now being sold. He never paid rent to them. Each child already owns their own home. What tax implications are there for the 3 children & can they keep…
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Considering Changing the use of our Property from Long Term Let to Holiday Let in 2026
What is the best approach regarding our mortgage to be advice independently about it?
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Additional stamp duty
I am slightly confused as to whether I have unnecessarily paid the SDLT surcharge on my property. 5 years ago I sold my main residence after my divorce and have been renting a property. I own a second home that has always been a secondary residence. I purchased a new main residence this year and have paid the surcharge but…
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Buying buy to let through ltd company
Hi, looking at purchasing a house through a limited company for buy to let. Purchase price is £290,000. How much stamp duty do i have to pay if through limited company as opposed to through my own name? And what are the pro's and cons as my salary from my job is £51,000
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Starting Sustainable Home Development Company - Catch 22!
I'm working with a couple of seasoned pro's starting a sustainable home development company, and we've designed what we think will be the UK's most efficient and sustainable home. The problem is, we don't have a huge amount of funds (maybe 100-150K) most lenders want lots of experience (team has built 500+ houses, but this…
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Stamp duty question when staircasing, Shared Ownership
Hi, Any help would be much appreciated as I do not understand exactly how to work out the stamp duty now that I am attempting to staircase to 100%. 2016 - 50% share of £276,500 (£553K property valuation), paid stamp duty £3,825 + NPV of £921. 2018 - 20% share of £103,000 (£515K property valuation), no SDLT paid as only…
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Is The Market Really That Bad
We have decided to sell one of our properties in the South East. Were in no rush to sell and all the agents have come in at the same sort of value. We have decided to go £50k below the lowest valuation just to ensure viewings etc Having spoken to some local agents it sounds like its quite tough out there. Is this just the…
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Land Registry questions
Hi everyone The Land Registry is here on our Forum to help answer its customers' questions. If you have a question pop it on here and it will do its best to help. Related on MSE: 50+ House Buying Tips Free First Time Buyers' Mortgage Booklet 2018 Remortgage Guide 2018 Ultimate Mortgage Calculator
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Would you buy a house with kids playing outside?
We have a small green area outside the front of our house. We lived here peacefully for years but the past 2 years have brought an influx of older children who play outside. Sometimes it just a couple of children, sometimes it can be large groups of them. We've had enough of the noise going on until 9pm and footballs being…
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TR1 form
If you don't have a copy of the TR1 form for your property, how do you get a copy from the land registry? I need to check my in-laws "joint tenancy" status on their house. They think they had held the property as "joint tenants" but they aren't 100% certain. I looked at the property register document for my house and that…
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Query about liability for higher rate of stamp duty (condition D)
Hello. I'd be grateful for any views on liability for the higher rate of SDLT in the following situation: An individual purchases a main residence (M) in 2018 and has lived there ever since. There is ample evidence that would be acceptable to HMRC to prove that this is their main residence. The same individual inherits a…
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Transfer of equity and remortgage
I may waffle so I apologise! I remortgaged my house in 2022 and removed my dad from the deeds as transfer of equity. He was originally on my mortgage for affordability but my last remortgage I took the mortgage on 100% myself. No money changed hands in June 25 I received a letter from my mortgage lender to say the…
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Tenants-in-common to single owner . Removal of restriction
Having bought out the other owner, should the 'RESTRICTION' have been removed? Current Land registry entry contains the following- Title Absolute (01.10.2024) Proprietor: That's just me now, was 'tenants in common' (03.11.2006) The value.... (03.11.2006) RESTRICTION: No disposition by a sole proprietor of the registered…
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Download "property log" chrome extension
Apparently a few of you are not aware of this chrome extension, it is called "property log", it runs with Rightmove offering further analytics. It shows you how long a property has been on the market and how much each property has had its prices revised. If you're looking to buy it's so useful to see what houses are doing…
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Buying a house from the Church of England
I am currently trying to buy a house that is being sold by the Church of England, there are some very unusual clauses in the title deeds and I wanted to see if anyone has purchased a property from them and if they had the same included as they state it is their normal standard clauses always included. Land contamination,…
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Dropped kerb indemnity
I am in the process of selling my house, 10 weeks in. The purchaser’s solicitor is asking for a dropped kerb indemnity (The buyer’s mortgage company has requested this). However, the dropped kerb has been there since at least the late 1960s (according to neighbours). The council has no records that go back that far. I…
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Self assessment and tenants on univ credit
Doing my first self assessment this year and I have tenants in house I own they claim universal credit. Do I need to include this will the fact they are claiming UC means hmrc will check?
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British Homebuyers
Hello Has anyone sold their house to British Home Buyers please. Have read about them and am aware they could reduce the offer after survey, just would like to know what it is like to deal with them all the way through
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British Homebuyers - approached me to sell my house for me - anyone have experience of them?
My house is currently on the market with a local estate agent on a sole agency for 6 weeks and I've only had 1 viewing. British Homebuyers sent me a letter offering to sell my house for me. They claim to have buyers waiting, investors waiting, asked me what sort of prices local houses were up for rent, and seem very…
