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%shares and various taxes when buying as tenants in common
I am thinking of buying a property with my daughter as tenants in common. I would contribute 70% and she 30%. We want her share to be 80% and mine 20% with a Deed of Trust. She would live in the property and pay all bills. If we set it up this way would she have to pay Gift Tax or any other other relating to this…
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someone else live in my shared ownership flat
i wanted to buy shared ownership flat for my parents so that they could live there for free. from my side I was ready to pay mortgage/rent/service charges myself as flat purchase would be on my name. recently, however, i learned that only mortgage holder can live in this type of flat. This is one of the rules of shared…
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Estate agent unfair exit fee dispute
Hi, I am a new forum member and I would like to ask some questions regarding EA exit fee. I found the tenants through Openrent and introduced to the EA for a full management service two years ago. AST ending in mid March 2025. Last month, I gave two months required notice (as per EA's terms and conditions) to terminate…
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Divorce, house, equity...
Married couple Husband leaves Says he may go bankrupt Only joint financial is the house, bought using wifes right to buy discount, now with £150,000 of equity 2 under 16s in the house with mum Question is, can wife buy the husbands share of equity at a discount? She can afford the mortgage alone Thanks
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Estate Agent Sole Selling Rights
Hi, I have been off the market for 1 year 1 month, this is when I withdraw and end my contract with my estate agent. At the time they sent a list of applicants who they introduced, stating any future purchase involving these parties would incur a fee. I now have a private buyer who was initially introduced by my previous…
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selling a 2nd property
after selling a 2nd house I will have approx 90k in capital gains , less selling fees and a small amount of maintenance costs .I've been onto the gov website , I'm a standard rate tax payer .The amount calculated is approx £22k in CGT to be paid It does not allow any offset for me to put £20k into a cash isa which I've…
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Transfer of Land/property
Hi, I wonder if someone could help me, my brother and I in 2021 decided to purchase a plot of land but in my brothers name, the plot had planning permission for 2 properties, he was going to do a self build and I was going to a self build, we have now finished the properties and have roughly spent the same amout of money…
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Renting judgements please help!
Hello, I hope everyone is well and pleased January is over! 😆 I feel like I’m in a hopeless place and really need some guidance. My family and I have been renting for almost ten years. Prior to this I was married and living in military accommodation with my ex husband and our four children. I struggled to find a rental…
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Clear mortgage or use as deposit?
Hello everyone! Our mortgage deal finishes at the end of this year. It’s very possible we could be in a position to pay it off and not have to move to a new deal, which would be much more given we are currently on a really low fixed rate. We are actually looking to move house and to a new build. I know a lot of builders…
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Landlord has died with no NoK
I've been living in my rented flat for 6 years, and was paying a letting agent on behalf of the landlord. 4 months ago the letting agent was let go by the landlord and took full control of management(although I never saw them other than email about rent). I have just found out a few days ago that the landlord died 3 months…
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Subsidence Advice
Subsidence Advice Hi, have interest in a property that I’m looking to buy(first time buyer), but recently took a builder who pointed out the house has subsidence and leaned one way. He thought it was out by at least 100mm. The area is old mining community so the subsidence is thought to be down to that.Asked seller if they…
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Scotland mortgages - Golden Share scheme
Do certain lenders not support the golden share scheme? We have an offer in principle but have been told this lender won’t support mortgages on a golden share property. It’s not one of the main high street lenders, but I didn’t realise this scheme was something lenders would have an issue with?
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Questions about House Survey?
I have just had my survey back on a 1900's mid terrace that I am looking to buy.The survey has returned a level 3 on the chimney, the roof and the kitchen extension roof. On my inspection, there were no leaks inside. Please can someone explain *how* bad this is please?! I have substantial savings to repair these factors…
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Urgent Advice Needed “ Ex-Partner Refusing to Engage in Property Sale
Hi everyone, Im in a really tough situation and could use some advice from anyone who has been through something similar or has legal knowledge about property disputes. I jointly own a property with my ex-partner, which we originally purchased for £320,000 using a 20% Help to Buy loan. We have a joint tenancy mortgage. My…
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Shared ownership - higher income
Looking at shared ownership outside of London but my income is over 80k, are there any other schemes available to get shared ownership?
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LL trying to raise rent again
Our LL wants to raise the rent again but last time we told him we can’t afford this and all the bills! we now can’t afford council tax or utilities all our funds go to pay rent ehat is Happening this country We said no to LL so what happens next?
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What happens to my deposit in DPS if my agent changes?
Hi all, I have left a rented property recently and I'm currently disputing with my landlord. However, I've noticed on my Deposit Protection Scheme portal that the old deposit was registered with a company we will call "Company A". However, my landlord now deals with "Company B", and it appears "Company A" has ceased…
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Stamp Duty Calculator and Q&A discussion
This thread is specifically to discuss Stamp Duty Calculator and Q&A Please click reply to discuss
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How to value freehold post-LAFRA?
Hi gang. I live in a building that has three leasehold flats. The owner of the freehold is not one of the owners of the three flats, but has contacted us saying that they want to sell the freehold. Obviously they have to give us first refusal and have contacted all three owners with an offer per-flat using a freehold…
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Deed of Variation solicitor costs £1500+VAT, 5 months in FTB - fees are at 5k.
Hi there, FTB, leasehold no chain flat. We started our mortgage process in September and it has been a nightmare journey, we were lied to initially on October 30th about the management pack being ordered as we received notice in November 28th saying it was actually ordered then. It came in December to which we found out…
