Can you leave the property empty for 3 years, pay the council tax then sell without any capital gains or do you have to physically live in the property for 3 years, then sell without capital gains?
Reply to the comment left by James Sim at 01/05/2024 - 21:26Unless you own your own rental property(ies) outright, then Sell up and invest elsewhere, simples!
Cromarty, Absolutely spot on, I use an excellent agent and in the last 9 years I have had 5 tenants with only 4 to 5 void days. Works well for me, so far, so good.
Reply to the comment left by Easy rider at 08/12/2023 - 09:58You are too kind. My stance has changed after housing a Ukrainian family paid for by the council, they made a mess, to put it mildly. Now I charge...
Reply to the comment left by Reluctant Landlord at 22/11/2023 - 14:40I think it good practise to raise rents every year on the anniversary of the contract by the inflation rate. We are not a charity!
I can't recall when the OBR forecasts have been met! Imo, interest rates will be coming down in Q3 24. House prices will flatline in 24 and increase in 25, 26, 27 unless Labour get in, than down we go!
Whilst EPC legislation to move to a 'C' is not yet in statute and may get watered down by ammendments not yet heard. However I am not holding my breath. None the less I am worried that it might not...
20th January 2025, 1 year ago
My tenants have just given notice. I'm selling. Will post if I sell to landlord or family etc.
Read More →26th November 2024, 1 year ago
I will not have another new tenant and I've instructed my agent that as soon as my existing tenants leave, they are to put it on the market to sell.
Read More →28th August 2024, 2 years ago
Can you leave the property empty for 3 years, pay the council tax then sell without any capital gains or do you have to physically live in the property for 3 years, then sell without capital gains?
Read More →Reply to comment left by James Sim at 01/05/2024 - 21:26
Reply to the comment left by James Sim at 01/05/2024 - 21:26Unless you own your own rental property(ies) outright, then Sell up and invest elsewhere, simples!
Read More →Reply to comment left by vilja wheatcroft at 06/04/2024 - 20:34
Cromarty, Absolutely spot on, I use an excellent agent and in the last 9 years I have had 5 tenants with only 4 to 5 void days. Works well for me, so far, so good.
Read More →Reply to comment left by Andrew Pearson at 08/12/2023 - 09:58
Reply to the comment left by Easy rider at 08/12/2023 - 09:58You are too kind. My stance has changed after housing a Ukrainian family paid for by the council, they made a mess, to put it mildly. Now I charge...
Read More →Reply to comment left by DSR DSR at 22/11/2023 - 14:40
Reply to the comment left by Reluctant Landlord at 22/11/2023 - 14:40I think it good practise to raise rents every year on the anniversary of the contract by the inflation rate. We are not a charity!
Read More →23rd November 2023, 2 years ago
I can't recall when the OBR forecasts have been met! Imo, interest rates will be coming down in Q3 24. House prices will flatline in 24 and increase in 25, 26, 27 unless Labour get in, than down we go!
Read More →3rd December 2022, 3 years ago
Whilst EPC legislation to move to a 'C' is not yet in statute and may get watered down by ammendments not yet heard. However I am not holding my breath. None the less I am worried that it might not...
Read More →