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Dec, 2014

Friday

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  1. Replies
    17
    Views
    793

    When my block replace a rotten wooden boundary...

    When my block replace a rotten wooden boundary fence by metal railings ( same height) , we had to seek planning consent from local council as we were told "block of flats" did not have consent to...
  2. This acca advice is saying that to vary the...

    This acca advice is saying that to vary the income from 50/50 , the property title must be registered in name of H&W as " tenants in common" and the shares split according to the mutually agreed ...
  3. I found this posted by UK Gov : ...

    I found this posted by UK Gov :
    ...
  4. This HMRC guide may shed some light : ...

    This HMRC guide may shed some light :

    http://www.hmrc.gov.uk/manuals/tsemmanual/tsem9850.htm

    It says that form 17 cannot be used by H & W if property is held by "joint tenants".
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    1
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    212

    Why do you think HMRC will sting you ? You...

    Why do you think HMRC will sting you ? You should buy a copy of the Daily Mail 2013-2014 tax guide or Which 2013-2014 tax guide and read up how capital gains is calculated and taxed by HMRC or you...
  6. Thread: Tax query

    by Gordon999
    Replies
    8
    Views
    684

    Its better to sort this matter out via an...

    Its better to sort this matter out via an accountant to stop the endless worry and loss of sleep. .

    As in post #2 , you need to calculate the rental profit for EACH tax year to estimate what...
  7. Replies
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    820

    Its difficult to get a mortgage when you are...

    Its difficult to get a mortgage when you are redundant . Your father will find it difficult to get a mortgage and you need to consult a mortgage broker to find out if it can be had without your...
  8. Nat-West are part of RBOS which was on the brink...

    Nat-West are part of RBOS which was on the brink of collapse in 2008 and had to be rescued by Government Funds ( i.e by Taxpayers ). So Nat-West loans department have to take more care in checking...
  9. You can buy a copy of the freehold title from...

    You can buy a copy of the freehold title from Land Registry Online for about 3 pds by credit card.

    You can buy a copy of the latest company accounts from Companies House for one pound and this...
  10. Put on the AST tenancy agreement , the rental...

    Put on the AST tenancy agreement , the rental period is "one year less one day".
  11. With 999 years leasehold house, you should be...

    With 999 years leasehold house, you should be looking at buying the freehold which cost about 14 -20 years ground rent plus legal costs . Related info can be downloaded from LEASE.
    ...
  12. You should be asking DWP if the incapacity...

    You should be asking DWP if the incapacity benefit is affected by receiving savings interest or investment income ?
  13. How fast is the price of your property rising...

    How fast is the price of your property rising this year and what is the increase for 11 months this year ? If the property value is not rising, you may be off selling and moving to a quieter ...
  14. Falling oil prices but not petrol prices.

    Have you noticed the oil prices have fallen by one third from USD120 to 80 levels but the petrol price at garages have only come down by 15%? Has anyone seen gas prices come down?
  15. Replies
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    963

    The title holder of freehold property is the...

    The title holder of freehold property is the owner of the property. The title holder of leasehold property is just a long term rental tenant (called leaseholder ) who can lose the lease if the...
  16. The lease-advice.org website carries record of...

    The lease-advice.org website carries record of past LVT judgements and you can search for past cases involving your freeholder's agent and the judgement on excessive subletting fee . Don't...
  17. The lease requires the leaseholder to use the...

    The lease requires the leaseholder to use the flat " as a residential flat for the occupation of one family".

    There is no "one family in residence" when you sublet to anyone for periods of ...
  18. Replies
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    1,563

    Why does a freeholder need to buy a copy of the...

    Why does a freeholder need to buy a copy of the lease when he has the "counter-part" which has the same wording as the actual lease ?
  19. Replies
    11
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    872

    There is an automatic 100 pds fine for late...

    There is an automatic 100 pds fine for late submission of SATR. You will be the one upset if you get such fine because you failed to inform the change of your address.
  20. Replies
    4
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    363

    You really have to replace the boiler if the old...

    You really have to replace the boiler if the old one has failed the safety test- its not an option.

    A Report from gas engineer to confirm old boiler condemned will help you to show its a...
  21. Replies
    5
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    376

    Living under constant stress can shorten your...

    Living under constant stress can shorten your life. So better to figure out if you can retire now or soon .

    How much income do you need for going into retirement ? What kind of rental income...
  22. Thread: Broker?

    by Gordon999
    Replies
    1
    Views
    232

    Just go to your local Halifax branch and ask your...

    Just go to your local Halifax branch and ask your question or post it here .
  23. You should ask how is the service charge and...

    You should ask how is the service charge and annual buildings insurance split with the shop units ?

    Also ask what is the ground rent at start and when it is increased ? if it rises to double ...
  24. If you both lived in the property for 5 years ,...

    If you both lived in the property for 5 years , you are entitle to exemption for 5 years + 18 months after moving out. So 6.5 years out of 10 years will be exempt for cgt.

    So roughly 10 K out of...
  25. I think OP means repossessed by a mortgage...

    I think OP means repossessed by a mortgage lender.

    ( I would not buy any reprocessed property - sounds like a property condemned as unfit for living and being resold to a mug as fit property ).
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