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Wednesday, October 30, 2019
Tuesday, October 29, 2019
Rental jargon buster: Simplified terms for tenants Nottingham Estate Agents
Find out the latest rental terms and terminology with our jargon buster guide. Whether you are a new or an existing tenant, the world of lettings is constantly changing. Our rental jargon-busting guide explains the words and expressions that are in regular use when letting a property. We explain everything from dilapidations and deposit protection schemes to […]
The post Rental jargon buster: Simplified terms for tenants appeared first on OnTheMarket.com blog.
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Building a better society with decent homes for all | Letters
Ian Bretman, John Worrall, Tom Fyans of CPRE and Susan Major respond to John Harris’s article on housing
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John Harris is absolutely right to highlight housing problems as central to debates about politics and society and to stress the need for more and better public housing as a crucial part of everyone having a decent place to live (The anxieties dividing the nation begin with housing, 28 October).
But the housing shortage that forces people to remain in unsuitable or substandard housing, or drives them into homelessness, is just one side of the coin; the other is the expectation that buying property is a one-way, sure-fire bet that delivers exceptional return on investment. Clearly this only happens because the housing market is rigged by various ways of limiting supply and because of the tax incentives given to homeowners and landlords.
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Will I have to pay capital gains tax on rental income when I sell my house?
I plan to have two lodgers while still living in the property – my only house
Q Please can you clarify for me whether I am likely to be required to pay capital gains tax on my rental income when I decide to sell my house? I plan to have two lodgers while still living in the property. It is my only house.
Is there any relief that would apply to me now or in the future that I should look out for?
KR
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