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
The IndependentThe truth about housing wealth is that most of us didn't earn itThe IndependentOne statistic in a new Resolution Foundation report on UK wealth estimates that around 80 per cent of net property wealth growth since the early 1990s has been a consequence of rising housing market, rather than active saving decisions by households.
Property CommunitySometimes it's best to sit back and do nothingProperty CommunityOver the last 12 months there have been some monumental changes in the UK political arena with many more expected in the short to medium term. The UK economy has held up fairly well during these difficult times as has the UK property market. There may ...and more »
Telegraph.co.ukWoman forced to squat in her own Barcelona flat after 'fake tenant' lists property on AirbnbTelegraph.co.ukA Barcelona woman has become a squatter in her own home after finding out that her tenant was using the tourism rental website Airbnb to illegally sublet the flat in the city's fashionable Barceloneta area. Montse Pérez saw the ad for her bijou ...
AOL UKAdults returning to 'Bank of Mum and Dad' to help them ascend ...The IndependentA third of home buyers moving to their second home expect to go cap in hand to those around them to borrow more than £21200, despite half of those having ...People taking second step on property ladder 'still rely on bank of ...AOL UKall 2 news articles »
AOL UKAdults returning to 'Bank of Mum and Dad' to help them ascend second step on property ladderThe IndependentIn that time the average UK property price has risen by more than 40 per cent, the equivalent of £60,000. In hotspots like Cambridge, prices have doubled in that time and in the capital, the average property has broken through the £500,000 barrier ...People taking second step on property ladder 'still rely on bank of mum and dad'AOL UKall 2 news articles »
Have you met...
Latest Members:


aqwronald1


CarsonPal


eanuosds


jowpxzf001


Julirenla


daisywillor


طرباي

 

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