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Selling a House and Tax Credits
MadelinesMum
Posts: 862 Forumite
Hi, I am probably worrying and confusing myself over something minor- I am planning on selling my house and buying a slightly cheaper one (about £20K cheaper). With the left over money I will obviously have to pay moving costs and also repay a small remortgage of approx £10k.
Now, I am thinking that Tax Credits will see this as an income and my payments will reduce or will the whole buying / selling house not affect Tax Credits at all?
Thanks in advance.
Now, I am thinking that Tax Credits will see this as an income and my payments will reduce or will the whole buying / selling house not affect Tax Credits at all?
Thanks in advance.
I must remember that "Money Saving" is not buying heavily discounted items that I do not need. :hello:
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