Welcome
The material on this website is for information only and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website ...
News
Property CommunityUK real estate popular with Asian investorsProperty CommunityWhile different investors seem to be taking a different opinion on Brexit and the fall in the UK currency, Asian investors still have an appetite UK property. A report by JLL confirmed that Asian investors accounted for 28% of UK property transactions ...
The GuardianWeak pound melts the British dream of a place in the sunThe GuardianUncertainty about the future of Britain in Europe and the fall in the value of the pound are taking their toll on the number of UK buyers investing in a little place in the Mediterranean sun. A report ... But the Brits are staying away from other types ...
Lexology (registration)Another Hoop for Irish Companies Owning UK Property?Lexology (registration)Overseas entities such as Irish companies buying UK property face the complete reversal of any transaction if they cannot prove compliance at the time they register the land transfer or lease with the Land Registry. The proposed register would be the ...
The Bridgend & Porthcawl GEMProperty firms in Wales must adopt new technologies, says RICSThe Bridgend & Porthcawl GEMDespite investments and advancements in technology, the RICS (Royal Institution of Chartered Surveyors) says the property sector and wider construction industry in Wales is still slow to uptake such innovations which could create taller buildings ...and more »
Glamorgan GemProperty firms in Wales must adopt new technologies, says RICSGlamorgan GemDespite investments and advancements in technology, the RICS (Royal Institution of Chartered Surveyors) says the property sector and wider construction industry in Wales is still slow to uptake such innovations which could create taller buildings ...and more »
Have you met...
Latest Members:


Therese3


Linch3


faithemars


kkaka23ppo12


Meghan


123


Godfery3q

 

I have a flat which I have had for about 8 years

Hi Martin,

I have a flat which I have had for about 8 years. At the moment it is rented but the tenants are due to move out beg of Sept. I lived in the property for 6 of these 8 years and the property has only been rented for 2 years. I am going to move in to do it up before putting in more tenants. I would like to try to sell in the Spring of next year depending on what is happening with the market. What is the situation with capital gains? Do I have to move in for 6 months prior to selling? The property is in my name and is residential not buy-to-let. How are checks done when properties are put on the market but have tenants in them?

Another question as well please. Could I put my name on the council tax even if not living there. Would this help when coming to sell, if it shows I've been living there and all post is still going to the address?

And one more! I am on a standard variable purely because I don't know what to do with the flat yet. What is the danger of keeping it on this and not on a fixed. Are interest rates going to jump up? what is the forecast for next year?

Thank you,
Megan

Don't lie. If there are inconsistencies from what you have said previoulsy it will create a real problem for getting a mortgage in the future. Ask as accountant re tax issues as they are persoinal toi you. most analysts think interst rates are set for a while. hope that help. m

 

 

 

 

Read more questions ...
Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks