user_3934

Registered with Property118.com
Sunday 27th July 2014


Latest Comments

Total Number of Property118 Comments: 8

Darran Lebas

14:27 PM, 11th January 2016, About 6 years ago

Which Stamp Duty for new residential property?

Thanks everyone for confirming. Good news there then!!... Read More

Darran Lebas

13:25 PM, 6th January 2016, About 6 years ago

Which Stamp Duty for new residential property?

Thanks for confirming Pam, I was starting to panic a little!!... Read More

Darran Lebas

20:52 PM, 5th January 2016, About 6 years ago

Which Stamp Duty for new residential property?

Can anybody put my mind to rest to my question above ;)... Read More

Darran Lebas

15:23 PM, 4th January 2016, About 6 years ago

Which Stamp Duty for new residential property?

Hi guys,

This has got me very nervous and I'm struggling to know whether this may affect me or not?

Currently I own a residential property and I also co-own a buy-to-let flat with my brother. I'm hoping to sell my residential property in the next few years and buy a larger family home. Can somebody please explain whether I'll be subject to the higher rate stamp duty because of my buy-to-let?

I've concluded from reading the document that I shouldn't be affected as I'm selling my current home and buying another.

So, from top to bottom on the flow chart, I own Two+ properties and the property being purchased is replacing my main residence = The transaction is not subject to the higher rates....

Is this correct?

Thanks... Read More

Darran Lebas

17:21 PM, 29th November 2014, About 7 years ago

Questions on the lease extension and ground rent increase

Thanks for the pointers; I can't see anything changing now as I'm sure the current owners are screwed really and I can't see them getting a better deal to suit me.... I'll just have to see how it pans out. To be fair £250 a year isn't that much but it's more than £25....

I guess I could see how things go in 10-15 years and as you said, the lease will add value to the property so maybe move it on... I think I got the flat for an OK price.

Can anybody advise on what an average ground rent is on a 1 bed flat nowadays? If £250 is the norm, I've got nothing to gain by looking elsewhere and only money to lose in solicitor fees..... Read More