-
Capital Gains Tax
I was left my parents bungalow in my Dads Will (Aug 2022). I was going to sell it but due to ongoing health issues I decided it would be better to move into it as I was having difficulty managing the stairs in our own property. We sold the house we have lived in for the last 21 years in November 2024 having moved into the…
-
Should my partner be charging me rent?
My partner and I have been arguing over this for months.I cannot see the wood from the trees. My partner owns his flat outright (gift from parent). 2 bedrooms. 1 room is rented out to a friend. We share the other room (for the last 3 months) We 3 split bills (electric, gas, water, internet) equally. My partner wants me to…
-
Transaction history category A and B meaning
Hi @Land_Registry I am looking to purchase a property and the transaction history shows as this: Transaction History B 2024-05-13 £80,000 A 2020-02-17 £65,000 What does the A and B mean?The current owner (who I am buying from) definitely purchased the property for £65,000 on 17/02/2020. So I am confused as to what the…
-
Wall removal
Hi, sorry for the long story... I am buying a property which had done a rear extension in 2018. The extension involved the removal of both internal and external walls. The builder inserted a beam to support the structure. The extension has obtained a building completion certificate signed off by a private builder. The…
-
(EWS1) Is anyone living in/selling/sold a flat in england with cladding remedial works completed?
Hi all! As per title, has anyone owned a flat in England that received an A3/B2 rating and has since had the remedial work completed? Looking for information such as: Were the works completed on schedule? Were the works covered by the developer? Have there been any surprise costs and/or large jumps in service fees because…
-
How much tax will I have to pay
Property being rented for £950 pcm Estate agent fee 12% of rental income = £114 Intrest only mortgage £300 a month Yearly tax free allowance £12570 Yearly salary income £ 7280 Can someone tell how much tax I will have to pay as a estimate please? Thanks
-
Double Council Tax!!
My partner and I (not married) own a tiny old cottage in Suffolk which we bought as a bolthole when we were living and working in London. The cottage is not suitable as a ‘family home’
and even for a single person it’s a bit too small for a permanent home - so we are not ‘depriving locals' of anything. We spend about a…
-
Council Tax Second Home Charge
Hello - I wonder if you can help me? My husband owns our marital home, due to health reasons we have got the house up for sale - we are not living in it, it is empty but there is a bed in two of the rooms and 2 arms chairs in a room. We are now privately renting in a different borough the rental agreement is in my name and…
-
Probate Discrepencies
I did not know when I got my offer accepted that grant of probate had not been granted, even though i gave my offer on the condition it would be likely to be a quick sale, as i have a deadline to move by 01/07/2024. I was told last week by my conveyancer that the house I've bought had applied for grant of probate 9 weeks…
-
New builds
Are all New builds over looked? Would this bother you to be over looked?
-
Bemused by valuations
We have a 3 bedroom house to sell. It needs new kitchen, new bathroom(downstairs), rewiring, approx ½ replaster, little work on roof, decorating throughout. We've had 3 valuations. £110,000 £115,000 and £125,000. All the estate agents said work would cost between £30,000 and £45,000, and then the value would be £160,000.…
-
Change estate agents?
We’ve been on the market nearly 5 weeks and only had 2 viewings. Whilst it is listed on Zoopla and Rightmove I’m not sure the EA is actively promoting our property like some other agents have that we have seen locally. My husband wants to move to another estate agent but there is a £300 fee for coming out of contract…
-
Value of flats
Does anyone know how price of leasehold flats has risen for the last 15 years. Bought my 2 beds leasehold flat (has a garage) in 2009 for 120k so how much the price should have risen by now as the rent has almost doubled since that time? So the rent has doubled but the value of the flats isn't much really?
-
Sellers agent increased price on MOS
The MOS finally came through after 2 weeks of waiting, from the vendors agent. They've added £500 to the offer price? Even my email specifically states the offer, and they replied to that saying they confirm it's been accepted and added £500 to it. What do I do? I don't want to risk losing the purchase over £500 but at the…
-
Buying out a sibling on an inherited property
Can anyone give some guidance. I, together with my brother recently inherited a small property following the death of our mother. Only a small flat with a market value of about £230000. Because of time and effort spent with my mum by myself and my wife my brother is quite happy to recognise this and receive slightly less…
-
Divorce and renting
We rent a tiny flat, I hate it we have awful noisy neighbors too. My husband and I want to split we have a daughter. He gets uni credit as he is unable to work due to ill health this goes on our rent only which is a lot as just outside London. I work full time and do not earn much all my money goes on car, bills, food etc.…
-
66 years remaining
I intend to put my leasehold flat into auction at some point in the future. Currently there is 66 years remaining on the lease. I have mortgage deal that should I pay it off now, has a penalty clause of around 7k. So I'm trying to work out if a 63 -64 year lease will devalue by more than 7k over a two to three year period.…
-
What to do with money from house sale short term
Hi everyone. First and foremost thank you to anyone that responds to this with advice constructive or not. It's much appreciated. Myself and my partner out selling our property and we are going to move in with family for a short time once the property is sold (maybe 2-3 months) so that we can take our time finding the…
-
local housing allowance
Hi all. me again with another query! have been trying to use a benefit calculator to check what we may get after migrating to UC. was told by entitled to website that local housing allowance does not apply as we have been renting since 2007, however we did move during that time to present address in2017 and still claiming,…
-
Requested - opinions on my finances plus advice on impending £5000 inheritance
Hi!! I would like to get opinions on my finances in general plus approach for a £5000 impending inheritance (dates tbc depending on probate process). I've been trying to work pretty hard on my budget and happy with savings progress so far. Goal is to try and purchase property from family member around Autumn this year but…
