Puzzler

Registered with Property118.com
Tuesday 9th July 2013

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 840

Puzzler

7:45 AM, 18th May 2019
About A week ago

2020 CGT changes and the implications of no PPR relief?

I think the maximum you can get through lettings relief is £40,000. Your baseline is the value of the property when you moved out (2011) and the gain is the difference between that (not when you bought it) and its value now. The most you can deduct is the £40,000 and the personal allowances (currently £12000 each) plus costs of sale and purchase and any capital expenditure not claimed through income tax. The only part that will be affected is the £40,000 which at 40% would be £16,000 more tax payable. It doesn't apply to the whole gain in any case.... Read More

Puzzler

11:19 AM, 7th April 2019
About 2 months ago

Client Money Protection compulsory as of today

Does anyone know if this applies to self-managed blocks?... Read More

Puzzler

10:27 AM, 6th April 2019
About 2 months ago

Am I in HMO territory?

In Newham you would require a licence. Most other areas probably not.

Do check your lease though, as some say "single household only".... Read More

Puzzler

15:41 PM, 15th February 2019
About 3 months ago

Three year Council Tax bill?

That is odd as there is no longer an exemption for empty property in most councils... Read More

Puzzler

6:24 AM, 13th February 2019
About 3 months ago

No shower - It's a dirty job?

Reply to the comment left by H B at 05/02/2019 - 20:29
That isn't my experience as they should have a small pump. It depends on the head pressure if you take it off the mains so will depend how high up the building the flat is. In a second floor bathroom the pressure will likely not be adequate.... Read More