Tuesday, February 4, 2020
Monday, February 3, 2020
A guide to sorting out your broadband connection when moving home Nottingham Estate Agents
Moving home can be stressful enough and so decisions about broadband might be the very last thing on your mind. Here Broadband Genie provides eight top tips to help make the process easier Of all the utilities you need to consider when moving home, broadband is the one with the most potential for causing a […]
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Sunday, February 2, 2020
Should we sell our home before moving to Scotland?
We’re wondering what the tax implications will be if we end up owning two properties
Q We want to move to Scotland from England to be near our daughter. We don’t really know which way around to do this: sell our home and move in with our daughter until we find a new home, or try to purchase a property without selling up? We have read that an additional tax LBTT is 4% more on top of the usual LBTT for second homes but ours would only be until we have sold the one in England as the Scottish property would be our permanent residence. If we do have to pay these taxes can we claim any back once we have sold the English property and is there a time limit on this?
YF
A To the uninitiated, LBTT is land and buildings transaction tax which, in Scotland since April 2015, has replaced stamp duty land tax (SDLT) which is now charged only on land and property transactions in England and Northern Ireland. Wales has its own variation in the form of land transaction tax (LTT) which has been run by the Welsh Revenue Authority since April 2018.
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Buying or selling a property with asbestos? Nottingham Estate Agents
Asbestos is a word that can strike fear into a buyer. The fibrous mineral was used widely as a building material. But what risks does it carry? OnTheMarket.com finds out What exactly is asbestos? How worried should homeowners be? And what should they do if they discover it in their house? The good news is that […]
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Thousands trapped in limbo by post-Grenfell fire safety standards
Mounting confusion about cladding has forced many to rent – or live in unsaleable homes
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It was in April 2018 that Danyal Aziz reserved a shared-ownership flat at the Paragon in Ilford, east London. The development, built with government funding to provide affordable housing, was supposed to be completed that November and Aziz was told he must obtain a mortgage offer within 28 days of the reservation or risk losing the property.
A year on, he had no moving-in date. Three successive mortgage offers had elapsed and when, in August 2019, he applied for a fourth, he entered an unnerving limbo. His lender would not value the flat until it received official assurances about the safety of the cladding which developer, Nu Living, seemed unable to provide.
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