The challenge with all this is that any prospective client thinking about doing this is now stuck between two experts contradicting each other, both “experts” supported by in depth knowledge of the workings of the tax system will be able...
You need professional advice on this - My opinion (which is not advice) is that assuming you sell it for £1.065m to the end buyer then the sale price is the £1.065m and then you will pay the builder his/her...
Reply to the comment left by Colin Dartnell at 17/12/2021 - 09:20Agree completely. Too often they also include an advert you must watch in order to qualify. Equally grumpy!
Surely, this is not a leaseholder OR developer problem, firstly the leaseholder doesn't even own the building so why should they pay anything? secondly the developer / builder / owner who originally built the property and has a completion certificate...
For me, I’m a softie when it comes to the crunch and I’d let them go BUT it could also depend somewhat on how they approached it, taking into account their awful situation I’d still hope they didn’t just assume...
19th October 2023, 3 years ago
The challenge with all this is that any prospective client thinking about doing this is now stuck between two experts contradicting each other, both “experts” supported by in depth knowledge of the workings of the tax system will be able...
Read More →11th October 2022, 4 years ago
You need professional advice on this - My opinion (which is not advice) is that assuming you sell it for £1.065m to the end buyer then the sale price is the £1.065m and then you will pay the builder his/her...
Read More →Reply to comment left by Colin Dartnell at 17/12/2021 - 09:20
Reply to the comment left by Colin Dartnell at 17/12/2021 - 09:20Agree completely. Too often they also include an advert you must watch in order to qualify. Equally grumpy!
Read More →10th November 2021, 4 years ago
Surely, this is not a leaseholder OR developer problem, firstly the leaseholder doesn't even own the building so why should they pay anything? secondly the developer / builder / owner who originally built the property and has a completion certificate...
Read More →23rd August 2021, 5 years ago
Revolut works well for me
Read More →28th July 2021, 5 years ago
Perhaps easier to give the tenant a FRI lease - plenty available for download
Read More →30th January 2021, 5 years ago
For me, I’m a softie when it comes to the crunch and I’d let them go BUT it could also depend somewhat on how they approached it, taking into account their awful situation I’d still hope they didn’t just assume...
Read More →Reply to comment left by Neil Patterson at 28/10/2020 - 10:48
Reply to the comment left by Neil Patterson at 28/10/2020 - 10:48May it avoid IHT and also protect against care home costs?
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