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Possible tax on (briefly) owing two homes
Hi, My wife and I are keen to move house quickly. We’ve found one we like and we can just about afford to buy it before we sell our current one. But we’ve been warned about potential tax implications. Our current house is in my wife’s name. The new one would be in my name. Would that help us avoid the relevant tax? If I…
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Miscalculated rent arrears by housing association - how to escalate
Hi, I have been renting a flat in London under the Intermediate Market Rent (IMR) scheme since July 2023. I have an AST tenancy agreement which states that "the rent will increase in line with our policy on intermediate rents being an increase on 1 April each year by CPI (Consumer Price Index) plus 1% based on the figures…
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Parking outside own home in a 6 house cul-de-sac......?
Hello, FAO: MODS If this is in the wrong place, please move it. Background information - we have moved into my girlfriends childhood home that her mum lived in until she died 2 years ago. It is a small cul-de-sac with 6 houses on it in a L shape (see Picture 1). They were Council Houses, all 3 bedroom semi's. Number 1&2…
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Help needed please
Hello, I have very difficult issue and cannot find help, my wife bought a home in 1971 but she was on a low income so to get the mortage her freind put his name to the application, the mortgage went though, her friend did not pay any payments as he only put his name to it so my wife could get the house,He has never lived…
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Buy to let mortgage with main house protection.
hi All I have my home nearly paid off (15 percent left) and consider taking second mortgage to finanse much cheaper buy to let property. I have to be 100 percent sure about potential worst case scenario if things go wrong with the buy to let property and it has negative equity can i be chased by the bank on my main…
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Rental tax relief
I am in the process of buying another house. My current property, in which I live, is going to be rented out, but I need to do some work for rental preparation. For example, I advertised it for rent on open rent 1st May, so I started some work on 2nd May. Can I claim tax relief for rental preparation?
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Solicitor did not send application to Land Registry
In February 2022, I purchased a new build property, but I've recently learned that the conveyancer didn't submit the transfer application to the Land Registry. The following year, in April 2023, they emailed to say registration hadn't been completed because they had requested an electronic signature, which wasn't…
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Can I sue the previous owner?
Hi. I bought a house, just over a year ago that has a large garden. I’ve been doing some maintenance in the garden and have discovered that the previous owner has buried a large number of items in the land. So far I’ve found a fridge/freezer, about 12 used tyres, rubber bases that you put heras fencing into and some car…
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Repay mortgage now or wait until sell
Following a bereavement I’m now in the position to pay off my mortgage. I would like to do it now but wish to put the house on the market in a month or two. Should I payoff now or wait until it sells? To add I may have to rent a place next.
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Mortgage declined after acceptance
Hi guys, Mortgage had been accepted subject to work being carried out before they would lend due to structual issues - so that mortgage is pending. We decided today to pull out and our broker ran another AIP with them again for an additional 50k but it came back with ‘declined’ and the reason being ‘credit score?’ Broker…
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ELECTRIC EICR NOT EIC as electrician done a runner
morning Guidance needed please ….builder did annex extension however he turned out to be a cowboy builder who left work not passing building regulations. Has cost me extra £3k+ so far but can’t get EIC as he holding that to ransom plus photos proving drainage work due to argument on money paid. My only alternative was to…
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Why does my landlords referencing agency want my NIN?
I am not comfortable providing my National Insurance Number (NIN) to random companies as I consider it a significant invasion of privacy. Given how frequently data breaches occur, I do not feel safe handing over such sensitive information. What exactly can be accessed using my NIN? Specifically: can they see whether I am…
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Offering on a new house before mine is sold?
I'm aware I'm in a weak position. Still, I'm interested in offering on a house I really like in a new area and my house is on the market, has gotten 4 viewings in 2 weeks, but no offers yet. I've read I can make a "contingent offer" on the new house, though. Seems likely to sell in the next couple of months. Is this a good…
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Land Registry ID1 form online - recommendations?
Can anyone recommend an online service for the land registry ID1 form (aka ID5)? And the cheaper the better, this is MSE after all. I've seen one that says £59 but that changes to £69 on later pages, and it requires proof that everyone is linked to the property which seems odd and I'm not sure exactly what that means. The…
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Tenancy change following bereavement
Sadly my wife died recently. I notified the estate agent as we had a joint tenancy and that has to be changed to me being sole tenant. I expected it to be quite simple. My wife's name being removed, mine staying on and otherwise carry on as before. Instead today I've received a totally new contract due to start in the…
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Future CGT on second home - what is purchase price based on?
Hi, I am hoping to buy sibling out of my late parents home as a second property (with a buy to let mortgage). We have a RICS valuation, IHT valuation based on two or three estate agent valuations, and the price I've agreed with sibling which is somewhere in between. House was on market for sale briefly at less than the IHT…
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Help please.
we are in the process of buying a property as our family home and we believe the house might have Japanese knotweed can anyone advise if it is from these photos please? thank you in advance for any help
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Selling my house to move into my boyfriends??
Hi Im a 29F with a 28 year old boyfriend. We have been together just over 2 years. We are in a serious relationship and have both been very clear from the beginning that we both want the same things in life…marriage,kids etc and have been very happy together We both own our own houses…mine is a small 2 bed (i bought this…
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Potential new rental confusion - complicated situation
I'm looking at signing a new rental agreement and I'm unsure about how the new laws will affect me. Last year we had to move from the flat we had been renting for 15 years as my landlady sold it. We've since been living (myself, working full-time but on a low income and my full-time student daughter) in a small one bedroom…
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Selling my house to buy myself a flat and one for my son
Hi own my house outright mortgage paid off. What is the best option for me, I want to sell my house and buy a flat for myself and a flat for my son who will be a first time buyer. Can you please give me some advice on what is the best way to do this.
