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CGT evidence
I am helping a family member with a CGT return. He gifted an agricultural building to a friend who is converting it to residential under Class Q permitted development. The gift triggers CGT. I am not 100 percent sure if its caught under the 60 day residential property reporting requirements so we are going to make the…
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Flat sale: Management company not responding to emails
Dear All, I am currently selling my leasehold flat and the buyer's solicitor has requested accounts for the past few months from the management company. My solicitor has requested this information from the management company but we have not received a response in nearly a month. I emailed the management company a couple of…
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house deeds
hi,please can someone help me,my mother wants to make a will to leave her house to me and my two brothers but one of my brother's is on the house deeds will she still be able to make a valid will with him still on the house deeds? or should she have home removed? there is also no mortgage on the house! thank you!!
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Saving for my first house
I am currently saving for my first house, with my partner, hopefully by around this September next year. I have a LISA open and have now maxed it out for the year. I want to carry on saving but want to kow what would be the best savings account to save into. I currently have a normal savings account open that I'm putting…
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Selling Leasehold Flat with maintenance charges due
Hi there, I own a leasehold flat. Our leases are not very specific on its repayment timescale. I have a demand, issued correctly to my knowledge, for my share of the years' maintenance, of around £2000, with a due date of March 2026. I had intended to pay it all in early March as I did last year, with no repercussions.…
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Stamp Duty confusion
My partner and I own separate homes. We want to sell both and buy one together. However, his father died a couple of years ago and left him and his brother a house which they now rent out. What does this mean for us buying a house together - we assumed that we'd get charged a higher rate of stamp duty but as the house…
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feel trapped and need advice
Hi, so here is my situation. I brought my home when it was just me and my son. I got a shared ownership. I have a 3rd valued at around 55k, and I still have 30k to pay. Since then, my family has grown a lot. Now we are a joined family. I have 3 kids who live here fall time and 3 here at alternative weekends and holidays.…
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Contacted by neighbours rental agency
Hello - I am a homeowner and I have been sent a letter from my neighbours rental agency informing me of vermin at my property. They have no evidence, my back garden in locked and is only accessable via an alleyway which they don't have access to so they can't prove where this vermin has come from. They have said they are…
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International moving van not departing the uk
Hello, I am in the process of moving to spain, I used a dedicating moving service however its been 2 weeks since our estimated delivery date and they will not commit to giving me a date when my goods will leave the uk I will have nowhere to stay from tomorrow and have young children, anyone have any experience of this…
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keeping property in the family
My daughter wants to sell her house (worth @1,300,000 and take over mine which is wroth £1 million more (not fancy houses, just in great location SW London). I'd like to build a granny flat where my garage is and move in there. I have an equity release mortgage (taken out for my other daughter) which I can pay off in a…
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Capital Gains Tax confusion!
Hi all, I'm desperate for some advice. My ex and I bought a house together in Summer 2018 for £265,000. We separated and I moved out in May 2023. We are now looking to sell the house for around £360,000. It has been pointed out that capital gains tax would need to be paid on this as it has not been my main residence since…
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Where to find temporary rental accommodation between sale and purchase?
We have our property on the market in Oxfordshire and are looking to purchase in the north/borders. We've had some unusual bad luck and have had a couple of sales fall through. We have decided that the only thing we can do now is to move closer to our target area and rent. As we are mortgage free that would put us as cash…
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Leasehold 0.5% exit fee PER YEAR
Buying a leasehold and I can see a clause on the contract - upon selling you will pay 0.5% of the market value per year to the landlord. I imagine - for example if the property sells at £200,000 in 20 yrs time this would be a payment of £20,000 to the landlord as a conservative estimate. How usual / unusual is this -…
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Am I mad? Or is the solicitor?
I have a complaint against a solicitor: here is the summary. Is it acceptable for a solicitor to offer no legal advice on the perils and pitfalls on buying a property:* with no title guarantee, * with charges on the property from the High Court and the Official Receiver, * a bankrupt couple identified as the proprietors of…
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Listed building and windows
Sorry I'll have loads of questions the coming weeks. Viewed a grade 2 listed house today, lovely inside, but I was pleased with myself for noticing that it was the only house in the terrace with double glazing which rang alarm bells. We asked the estate agent, who said I'm sure they are fine... though this was after saying…
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Share of freehold bought without consent of freeholder?
I live in a shared house with 3 leasehold flats and I and other leaseholder A share the freehold 50/50. The remaining leaseholder B tried to buy the share of freehold twice but was not successful as they changed their mind (and I was not happy to accept their changed request either). I had not been impressed with B's…
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Missing information prior to house purchase
I bought my house in 2018. This year I sold it only for the buyer to pull out because of a restrictive Deed of Covenant which has been in place since 1973. I was unaware of this Deed and approached the Solicitors who acted for me in 2018 to ask why. They said a letter was sent telling me about the Deed and asking if I had…
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adding wife to property deeds
Hello, Can someone point me to the right direction so I can add my wife to the property deeds (share ownership), please? We're mortgage free so we don't need any consent from lenders. Do I need to buy the title register from here? https://www.gov.uk/search-property-information-land-registry After that, do we need TR1 or…
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Opinion: Fleecehold as a high risk investment?
Dear all, Like many others on this forum, I discovered late in the buying process that the property I’m purchasing is a fleecehold—a freehold with ongoing estate charges. I’m now at a crossroads, trying to decide whether to proceed or pull out. I’ve read through many of the discussions here, which have been incredibly…
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Using Shares portfolio to get a better mortgage deal
Hello All, I have a question related to mortgages. Currently, I am looking into buying my first house. I have a shares portfolio which provides around £7K of dividends a year, with a value of £160K (Both ISA a nd non-ISA). My intention is not to sell it, but to use it to get a better deal for the mortgage. Is this…
