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The "have a look at this!" thread II

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  • Slinky
    Slinky Posts: 9,989 Forumite
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    Running_Horse wrote: »
    You can buy my house for £2.3 million...

    http://www.rightmove.co.uk/property-for-sale/property-58809883.html

    ...but you can't live in it for five years.

    Marvellous, so you save a chunk of stamp duty costs on the purchase price, but presumably you'll cop for a load extra anyway as you won't be able to reclaim the extra 3% you'll be paying on the purchase price because you can't move in for 5 years. And you'd be paying 40% tax on the rental income if you went down that route.

    Madness IMO.
    Make £2024 in 2024
    Prolific to 29/2/24 £184.97, Chase Interest £11.88, Chase roundup interest £0.18, Chase CB £16.96, Roadkill £1.10, Octopus referral reward £50, Octopoints £6.30 to 31/1/24, Topcashback £4.64, Shopmium £3
    Total £279.03/£2024  13.8%

    Make £2023 in 2023
    Water sewerage refund: £170.62,Topcashback: £243.47, Prolific: to 31/12/23 £975, Haggling: £45, Wombling(Roadkill): £6.04,  Chase CB £149.34, Chase roundup interest £1.35, WeBuyBooks:£8.37, Misc sales: £406.59, Delay repay £22, Amazon refund £3.41, EDF Smart Meter incentive £100, Santander Edge Cashback-Fees: £25.14, Octopus Reward £50, Bank transfer incentives £400
    Total: £2606.33/£2023  128.8%

  • moneyistooshorttomention
    moneyistooshorttomention Posts: 17,940 Forumite
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    I'm just wondering how the conversation in that house went before they came up with an off the wall "how to sell it" idea like that.

    Maybe something along the lines of "We seriously need some capital now and can't think of a way to get any" - followed by "Well - if we're moving to our country home in 5 years time and planning on selling this house then anyway = wonder if we can release some capital now and still have our house for the 5 years we want it?"
  • Running_Horse
    Running_Horse Posts: 11,807 Forumite
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    Might have worked when prices were rising and the market was white hot. But I bet the agent was inwardly groaning, knowing that kind of super rich buyer is not going to hang around for five years. Is it legally enforceable? Would normal rental laws allow for eviction, for example if they didn't look after the place?
    Been away for a while.
  • Robin9
    Robin9 Posts: 12,107 Forumite
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    Post 21861

    and how many bottles of shampoo can you use - photo 12
    Never pay on an estimated bill
  • Davesnave
    Davesnave Posts: 34,741 Forumite
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    edited 18 July 2017 at 10:54AM
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    Robin9 wrote: »
    Post 21861
    http://www.rightmove.co.uk/property-for-sale/property-43806972.html
    and how many bottles of shampoo can you use - photo 12

    I'd ask Lewis Lovelle. He looks like a hairdresser, rather than an EA.

    Mind you he knows the right sort of people: nudge, nudge, wink, wink....say no more! ;):cool:
  • moneyistooshorttomention
    moneyistooshorttomention Posts: 17,940 Forumite
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    Robin9 wrote: »
    Post 21861

    and how many bottles of shampoo can you use - photo 12

    Dare we ask what happened there? - as that post came up as 21868.
  • cazmanian_minx
    cazmanian_minx Posts: 4,048 Forumite
    First Anniversary First Post Debt-free and Proud!
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    Starbrite wrote: »
    Drove past this wreak earlier in the week while on holiday...

    http://www.rightmove.co.uk/commercial-property-for-sale/property-48087387.html

    What am amazing hotel it would be, just needs a lot of love and deep pockets... sigh can but dream

    Gorgeous :) If you want a Scottish one to add to the portfolio...don't know if it ever sold or not, but it didn't look like anyone was doing anything with it when I drove past it a couple of weeks ago.

    http://www.rightmove.co.uk/property-for-sale/property-34152438.html
  • StumpyPumpy
    StumpyPumpy Posts: 1,458 Forumite
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    Starbrite wrote: »
    Been googling how to purchase a derelict hotel...

    I can't stop thinking about it... shame those grand design and restoration man tv shows don't show you have to get the funding to achieve such a thing...
    Lots of people have tried and failed. PP has been granted for a number of different schemes over the years but none have got further than that It was sold to the current "developers" by an insolvency company when the previous owners went bankrupt which is probably a portent of things to come. There are major restrictions on what you can do to it as it is Grade II listed due to it being "a substantial early C19 villa retaining early character and detail", has major problems with access to the A487 (which, of itself, will cost a considerable sum to fix) and has even become a known* site as a bat roost.

    * In the real world, "known" can be a lot more expensive to sort out than "unknown".

    If you still want to chase your rainbows though, it's probably best to do some searches around the phrases "chalky pachyderm purchasing", "buying a pig in a poke", "money pit", "bargepole" and "bubble bursting." :cool:


    SP
    Come on people, it's not difficult: lose means to be unable to find, loose means not being fixed in place. So if you have a hole in your pocket you might lose your loose change.
  • ChicaBonita
    ChicaBonita Posts: 673 Forumite
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    http://www.rightmove.co.uk/property-for-sale/property-60250063.html

    Not too sure on the decor.....the red room and the bedroom are the highlights! Very Del Boy
  • Slinky
    Slinky Posts: 9,989 Forumite
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    ChicaBonita wrote: »
    http://www.rightmove.co.uk/property-for-sale/property-60250063.html

    Not too sure on the decor.....the red room and the bedroom are the highlights! Very Del Boy

    That's a real house of 2 halves isn't it? Pics 1-5 seem like one house, 6 onwards are totally different decor!
    Make £2024 in 2024
    Prolific to 29/2/24 £184.97, Chase Interest £11.88, Chase roundup interest £0.18, Chase CB £16.96, Roadkill £1.10, Octopus referral reward £50, Octopoints £6.30 to 31/1/24, Topcashback £4.64, Shopmium £3
    Total £279.03/£2024  13.8%

    Make £2023 in 2023
    Water sewerage refund: £170.62,Topcashback: £243.47, Prolific: to 31/12/23 £975, Haggling: £45, Wombling(Roadkill): £6.04,  Chase CB £149.34, Chase roundup interest £1.35, WeBuyBooks:£8.37, Misc sales: £406.59, Delay repay £22, Amazon refund £3.41, EDF Smart Meter incentive £100, Santander Edge Cashback-Fees: £25.14, Octopus Reward £50, Bank transfer incentives £400
    Total: £2606.33/£2023  128.8%

This discussion has been closed.
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