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Q. I have decided to keep my current property as an investment rather than sell, and rent it out. Do I really need to use a letting agent, surely placing a small ad and finding my own tenant is easy enough? A. Certainly placing a small ad and finding your own tenant is easy enough,…
Q. I am in the process of buying a house but am slightly alarmed as I have just had a letter from my solicitor advising me that there is an easement over the property. He has asked me to make an appointment to see him to discuss, I have no idea what this is, can…
Q. I’m very interested in buying a property abroad to use as a holiday home for myself and my family, can you give me some general advice on avoiding any of the usual ‘pitfalls’? A. Buying property abroad is more popular than ever, with increasing numbers of people following their dream in purchasing a holiday…
Q. I’m hearing the words ‘DOUBLE DIP’ being bantered around way too much just lately and wondering how this will affect the property market? After the announcement a couple of weeks ago that the country is officially out of recession I thought the worst was behind us? A. Yes – I hear you, just when…
Q. I have been relocated with work to the other side of London and am finding the commute a nightmare so need to reluctantly sell my much loved riverside apartment. Trouble is I’ve looked around for something similar closer to work but nothing compares, what am I to do? I definitely can’t do this journey…
Q. I’m selling my apartment and have 3 offers on the table from different parties; trouble is they are all stuck at the same figure which is lower than my expectations. I need to sell though and feel if I keep asking for more money they will all walk and I will end up with…
Q. I’m thinking of selling my property and need some advice on Capital Gains Tax – will I be Liable? A. Private Residence relief is the name given to the tax relief designed to ensure that most people don’t face a Capital Gains Tax bill when they sell their home. Generally, if you have lived…
Q. The Managing Agent that looks after the block I live in is failing miserably to provide the service that myself and the other Leaseholders would expect for the service charges we pay, is it possible to sack them and assign a new company? A. Firstly be sure that you really do want to fire…
Q. I recently inherited a large 4 storey house that I’m thinking of renting out, however a friend has mentioned the house in multiple occupation legislation (HMO’s), can you tell me more about this? A. If you have a large property to rent out, the likelihood is that it will be rented out to more than…
Q. What is a Compulsory Purchase Order? A. A compulsory purchase order (CPO) allows a local authority to acquire land and/or property for certain purposes i.e. where a listed building has fallen into disrepair and where it seems unlikely the owner will repair it. Also some properties have been bought by such orders to allow…
