PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

DOMV

Star978
Star978 Posts: 27 Forumite
10 Posts First Anniversary
in House buying, renting & selling
Is DOMV council owned? 

Comments

  • Bigphil1474
    Bigphil1474 Posts: 3,579 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Councils don't usually own any housing other than social housing for rent.
  • Star978
    Star978 Posts: 27 Forumite
    10 Posts First Anniversary
    So because we brought the house at 80% but we own 100% when we come to sell we sell it for 80% who does the 20% go to? Our builder site? 
  • user1977
    user1977 Posts: 17,973 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    It doesn’t go anywhere. It doesn’t exist.
  • Star978
    Star978 Posts: 27 Forumite
    10 Posts First Anniversary
    user1977 said:
    It doesn’t go anywhere. It doesn’t exist.
    Do you mean the 20% doesn’t exist 
  • user1977
    user1977 Posts: 17,973 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Star978 said:
    user1977 said:
    It doesn’t go anywhere. It doesn’t exist.
    Do you mean the 20% doesn’t exist 
    That’s what you asked about, yes. You bought at a discount, you sell at a discount. Nobody has the 20%.
  • Star978
    Star978 Posts: 27 Forumite
    10 Posts First Anniversary
    user1977 said:
    Star978 said:
    user1977 said:
    It doesn’t go anywhere. It doesn’t exist.
    Do you mean the 20% doesn’t exist 
    That’s what you asked about, yes. You bought at a discount, you sell at a discount. Nobody has the 20%.
    Ahhh okay! Perfect thank you
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture