For the over 60s

zygurat789

meercatsunited wrote: »

:rotfl: :rotfl: :rotfl:you like cancer sticks :rotfl: :rotfl:

What I said was woodburners had a greater adverse effect on me

carefullycautious

Seven day weekend did you buy a house in the end as you were looking at flats last time I saw your posts.

Anyway hope you have settled in your new home.

seven-day-weekend

carefullycautious wrote: »

Seven day weekend did you buy a house in the end as you were looking at flats last time I saw your posts.

Anyway hope you have settled in your new home.

Right....no, we went back to the house which we bought in 1976, in which we lived until 2004 when we went to live in Spain and where our son had been living with his girlfriend while we were in Spain. We then provided him with a deposit from the proceeds of our Spanish house sale and HE bought a flat

carefullycautious

Apologies, I remembered you looking at some flats .

Anyway you did the right thing keeping a property here I've heard some horror stories about people no longer able to come back.

seven-day-weekend

Thanks. We would not have gone to Spain if we could not have kept a property in England, even if only a studio flat or a mobile home. I always advise people to do this when they ask advice about re-locating.

We were going to have a flat initially, and carry on renting the house to our son, but he didn't want the garden, and we realised that we were not yet ready for a flat, and with our help he was able to get onto the property market and we could have our home back, so everybody ended up happy.

zygurat789

seven-day-weekend wrote: »

Right....no, we went back to the house which we bought in 1976, in which we lived until 2004 when we went to live in Spain and where our son had been living with his girlfriend while we were in Spain. We then provided him with a deposit from the proceeds of our Spanish house sale and HE bought a flat

Have you checked tour capital gains tax liability position on this?

seven-day-weekend

zygurat789 wrote: »

Have you checked tour capital gains tax liability position on this?

Our lawyer did, this was minimal as we were able to set selling costs, renovation costs and the cost of updating the papers against the gain and the lawyer settled all the taxes out of the proceeds. We did it all legally and did not involve any 'black' money, which is still a very common practice in Spanish property transactions.

zygurat789

seven-day-weekend wrote: »

Our lawyer did, this was minimal as we were able to set selling costs, renovation costs and the cost of updating the papers against the gain and the lawyer settled all the taxes out of the proceeds. We did it all legally and did not involve any 'black' money, which is still a very common practice in Spanish property transactions.

British I hope, a Spanish one probably wouldn't know much about our taxation system

seven-day-weekend

zygurat789 wrote: »

British I hope, a Spanish one probably wouldn't know much about our taxation system

British, but practises in Granada.

We were fiscally Spanish resident, the rules are different than for non-residents, the lawyer sorted it out.