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Tax Deliberation
I have two properties, the one I live in (Scotland) and one I let in England which is geographically distant. The one in Scotland is in a beautiful home and location overlooking the river and convenient for everything. However, my neighbour is a nightmare and will not contribute to common repairs and the roof is…
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Shared ownership eligibility
Hi, I’m hoping someone can help clarify some information whilst i wait to hear back for some professional advice. As I understand it household income can’t be above £80k to be eligible for a shared ownership home. Does anyone know what contributes to this limit? I’m reading some sources that say child benefit, disability…
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solicitor refusing to transfer my part of house sale to sibling
hi, a house belonging to myself and two siblings is about to be sold , we shall each receive a third of the sale proceeds. I have requested that my net third should be transferred to either my brother or sisters bank account. The solicitor has refused, citing "internal policies". it should be said I am British, but live…
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Capital Gains Tax on house sale
DH has owned half a house for the last 35-40years. He last lived in the house in 1993. He has had no income from the house during this time. The house is going to be sold in the near future. As the house is in London it has risen considerably in value. Is there any way he can offset his CGT onto me - I am a non tax payer.…
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Will I pay Stamp Duty?
I am currently in the process of buying part of my neighbour's garden to add to mine. No development it’s simply additional garden. Does stamp duty apply? I’ve tried searching online and can’t find an answer. Thank you.
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Shared ownership and DLA
I understand that for a shared ownership house you can’t earn over £80,000 outside of London. This would obviously include wages, UC and child benefit. I was just wondering if this would include my children’s DLA payments - these are obviously for my children who are under 18 and not contributing to the household? I have…
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Tell me if this idea is good or bad.
I cannot get a mortgage, filled out 3 decision in principle forms and got denied I have an idea for the future when I retire but I'm not sure if it's a good idea / waste of money or not. So when I retire (hopefully no later than 55) I can chose to stay in my housing association 1 bedroom flat and pay the rent. Currently…
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Currently buying a flat
2 days ago it wasn't even on my radar, but... kids, and stuff. It's been 20 years since I last bought a property, and that was a house, so I might just as well be an FTB in terms of my experience here. So, starter question for 10... this isn't at all local to us, are there any reputable online resources for finding an…
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Renegotiating house price based on smaller than expected garden
We’ve had an unpleasant surprise with the house we’re buying. The small garden (normal for city centreish properties like this) has become even smaller than we thought due to misunderstanding by the estate agent (we don’t think vendor meant for anyone to be misled). The reduction is about 15%. This is disappointing as a…
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E Surv level 2 surveys
Having read on various other review sites, I wish to register our own experience of this company. I have been a Surveyor for 45 years and never in those years have a read such a damning and fictitious summary of a building. Not one thing in the house evidently is fit for purpose, the electrics are dangerous (no reason…
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LEGAL FEES ADDED ALONGSIDE SERVICE CHARGE
Hi everyone. I was hoping someone could help me. I bought a leasehold flat 5 months ago,it’s in a Victorian house made into 6 flats. I have in total since December been asked to pay £6800 towards legal costs to do with a leaseholder above me who is challenging the service charges and is taken the management company to a…
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Garden with mix artificial and real grass
Hi, we are planning to do some renovation in our garden. My wife wants to have artificial grass in the garden so it will be a playing area for our kids. Personally, I don't like artificial grass at all but I should acknowledge that we cannot use the real one during almost half of the year ( very muddy because of the clay )…
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First charge on property through loan.
Good Morning Here’s hopefully an interesting one! I have a relative purchasing a property to live in. They are looking at doing an equity release roll up mortgage so they can afford to live there. If i were to make the payment instead of the equity release company, and make sure they have right of occupancy for ever, could…
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How Much Tax do I pay?
Hi, I am in the process of buying a property with my partner to the value of £265k, completion date is 25th March. I currently own a home in my own name and I intend to keep it for a few months whilst work is being carried out on my new home. I am aware that I am subject to a second home levy and stamp duty. Is it possible…
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Transferring property to Beneficiary
I am getting very confused regarding transfer of property to a beneficiary, some of which I followed from Land Registry. I'll try to make is a less confusing as possible. 1. My friend died in 2023 leaving a property she inherited from her mother in 2013 to a family member. I filled in AS1 providing all the necessary…
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Buying the next door house — costs and considerations
Hi! Not sure which forum is best for this since it is a mixture of house buying and planning. But thought I would try here. Sorry if it is the wrong one. I have also searched and saw some old threads on this topic but nothing recent so hoped people wouldn’t mind me asking again. We live in an end of terrace house,…
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How did this happen? Buyer had a conditional mortgage, discovered 3 day before exchange!
This has cost us around £10,000 and we cannot understand how it happened or what we can do to recover the loss if anything at all is possible. September 2024, viewing and initial offer to buy from a UK resident from Bulgaria and his wife. EA confirmed they had a mortgage offer and the cash was in place to complete the…
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Moving to Wales - Welsh land tax?
Hello, we are moving from England to Wales and we have been informed about the need to pay Welsh land tax. Just wondering whether we need to pay stamp duty as well? Can't seem to find a definitive answer. Will enquire with our solicitors as well because we had accounted for stamp duty in our fees but they've sent us the…
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Advice when Selling my Home
Good afternoon MSE, I am seeking advice from someone in the know or at least experienced similar before - so I can have confidence in my position when proceeding with a house sale. We live in a new build semi-detached property - since the first day we moved in we quickly realised we could hear our neighbour going up and…
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How to deal with an incompetent estate agent?
I've had a year long process so far, selling with an incompetent estate agent. The 1st agent lied to me for months that my chain was half as long as it actually was, He was sacked, then a 2nd agent left the job after 2 months and now I'm dealing with a 3rd agent. There seems to be constant communcation issues between the…
