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I need help on house purchase
Hi I have now got to the point where i can purchase property for the sole reason of renting it out and making some money. I am only 22, 23 in April, so i have a lot of time to collect the rent and hopefully see prices go up on housing over the coming years, then i will sell on. is it all that easy though? I own my house…
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The budget to change house prices?
I've heard a rumour from a financial advisor (friend of a friend) that this years budget will see higher taxes for purchasing additional houses (2+ houses) and the threshold for stamp duty rise to £160k ish in a bid to slow the house prices down. If these policies were implemented what sort of effect would this really have…
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How important is the view?
We have a recreation ground at the back of our house. Beyond that there used to be scrubland which occasionally had sheep grazing on it. Now unfortunately there is a massive Morrison's distribution warehouse. They have put up a big earthworks which partially obscures the eyesore but it is still far too obvious. My husband…
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inheritence tax
if a husband or wife die, does the spouse pay inheritence tax
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New House Build - Delays
I exchanged contracts on a new build house last summer and was advised that it would be ready in this month. After contacting the housebuiler they advised it will now be June as they haven't built the house in accordance with planning consent. They now have to wait for the next planning meeting and get retrospective…
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Key home buyer advice
I hope you guys can give me some advice. I have a £30,000.00 deposit and am looking to purchase at Xmas time. With this amount I am looking at a mortgage of £130.00. I do not plan to sell the house for at least 7-10 years. I have now just been offered the key home buyer scheme, with which I will get £50.000 interest free.…
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Equity Release Query
Hi, sorry if this has been asked before but I couldn't find any reference to it on a browse through the site. I live alone and have no dependents, with just under 3 years to go on mortgage which is part repayment, part endowment. I have been told by the endowment insurance company that the endowment is on track to meet the…
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Two properties to sell.
I currently have two houses, one of which I rent out, and I now wish to sell the one that I rent. I understand that I maybe liable to pay Capital Gains Tax at 40 % if I sell this property. Is there a legal way that I can avoid paying this tax ?. Is there a way I can reduce the percentage I pay ? One of the houses was left…
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divorce settlement plase help
A friend of mine was married in 1994 for 11 months. During this time they did not have any children. Whilst he was married, my friend lived in his wifes house, he paid all his wages into her account and was given a daily spend of £5. He got divorced after the 11 months in1995 due to their differences. During the 11 months…
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Estate agent question?
My deraly beloved house is listed with a local estate agent, my friend (yes there is only one) rang them to ask them to send my house dtails to her as part of my efficiency testing (well I will be paying them a lot of money if they ever sell it) yes they say they'll send out those details & also details of the house down…
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To Sell or Not to Sell??? HELP!!!
Hi There Here's a brief waffle of the situation that me & hubby are in: We live in married quarters and pay less than £200 a month for rent, council tax & water (lucky us I know!!) We also have a property that is currently being rented out. Rent doesn't quite cover the mortgage - we have to top it up by about £30 + pay for…
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House packing and moving tips
Hi hoping to exchange and complete in the next couple of weeks and also hoping to move ourselves. Anyone got any tips? Where cn I get decent cheap packing paper and boxes etc etc. Any help appreciated.... Catherine
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moving to london, but where to rent??
hello, i'll soon have to move to london, due to a job in bromley. having looked at rental properties availble, at £500/mnth, i'd also like to consider somewhere in london. some related posts have mentioned areas like clapham,streatham hill, or victoria, particularly interested in the latter given the 15 minute commute.…
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plan to change next door into 5 flats, gud or not
hi, i live in a terraced house,and our neighbour has applied for planning permission to make his house(end terrace) into 5 1 bedroom flats,with space for 5 cars.anyone got any thoughts as to if its a positive thing or not. it will cause parking and traffice congestion. noise im concerned about,thinking 5 lots of tenants,…
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What do you think?
Hey, im trying to sell my parents house at the moment. Not having much luck with estate agents but it's a pretty swell house. I decided to create a web page to try and sell it thought i'm not sure where to advertise. Opinions please :) Thanks Joshua Sugarman **** Link removed by board guide as no links for personal gain…
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Converting a garage
I have a 3 bedroomed detached house with an integral garage. Will I increase the value if I convert the garage to an extra bedroom with en-suite, or will the increase in value but cut down considerably by no longer having a garage, there would still be parking available on the driveway.
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Buying a 2nd property to develop?
Hi, Could anyone give any advice on whether the above is a wise thing to do in the current climate? Just something we have been thinking about but dont really know enough to do anything about it. Inparticular we'd be keen for any advice on: * How to go about getting the money when you already have 1 mortgage - is…
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Real Life Monopoly! Please help x
Bear with me, this could be rather a long post. I own my own home, valued this evening at £110,000 with an outstanding mortgage of £52,000. Equity = £58,000. My partner (who lives with me) also owns his own home, current value expected to be in the region of £75 - £80,000 with an outstanding mortgage of £53,000. The…
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Buying the other half of the property
I jointly own a house with my brother, he is moving out and I need to remortgage to buy him out. What I need to know is what is the best mechanism to make this happen and what are the costs involved ? Thanks
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Where to look for semi/rural smallholdings in scotland central
Hi ive been looking for as the topic says some sort of small holding in the scottish central belt , or at least with the potential.Thats from west central to east central , from firth of clyde to firth of forth if you get my drift. Ive been using the usual seaches , righmove , your move , fish for , but I dont think these…
