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Landlords Selling Houses and 2016 Capital Gains: Your Go-To Guide

Landlords selling houses - 2016 Capital Gains Tax - image of banknotes

Whenever you sell an asset, the potential obligation to pay capital gains tax (CGT) is always a concern. Landlords selling houses should be aware of how this tax functions, some of the rules set out by the HMRC and a handful of exemptions which could prove to be quite useful when determining whether or not it is necessary to file. Let’s take a look at some of the principles behind capital gains tax in relation to a property sale.

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Landlords: Selling a Property with Tenants

Selling a Property with Tenants

If you are a Landlord there may be a time when you need to consider selling a property with tenants. While the house sale process can be challenging at the best of times. It can be even more difficult if you have tenants currently renting the property. So, what are some of the rules about selling a property with tenants? Let’s take a look at a handful of regulations and concerns that you should always take into account.

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Selling a House in a Bear Market: What You Need to Know

House selling Tips from Molae Properties

There is no doubt that we are living in rather troubled economic times. Now that the Brexit vote has been passed, many London property owners are wondering if the economy is soon to enter into bearish territory. In fact, firms such as Hermes Investment believe that we have already entered into this environment. Assuming that this is the case (or that a bear market is just around the corner), what are some ways you could speed up any home sale? Let us take a look at some top house selling tips.

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How to apply for Probate: what steps you should take

How to apply for Probate - Molae Properties

If you need to sell a property after the owner has passed away, you will probably need to apply for Probate. This gives you the legal right to deal with the property of a deceased person, called a “grant of representation”. It’s important that you understand how to apply for probate to ensure things go smoothly. You need to watch out for all legal steps that must be taken. So, let’s  take a closer look to try and simplify things a bit.

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Reposession and Court Form N244: The Basics and What You Need to Know

Reposession - Court Form N244

According to the latest figures released by the housing charity Shelter.org, the city of London has the highest number of property repossessions in the entire United Kingdom. The declining market for buyers, plus the possible negative effects of Brexit means this should come as no great surprise. If you are unfortunate enough to find yourself a victim of this process, you may be confused and frustrated. However, it’s crucial you appreciate some basic facts. Reading this article will help you understand why a document known as Court Form N244 can come in handy. If you complete it correctly and at the right time it could help you to stop (or postpone) a government-sanctioned repossession.

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London House Prices in 2016 Predictions from the experts

London House Prices 2016 - expert predictions

One of the most common online search terms in recent times is “London house prices 2016”. This is no accident since many buyers and sellers are wondering what the remainder of the year has in store. Most economists predicted a slowdown as a result of the recent Brexit vote. So what can we expect to witness during the next six months? Although nothing is set in stone, it’s a good idea to take a look at what some of the experts have to say. Then, you’ll be able to make an informed decision when the time is right.

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Part Exchange House Schemes: Are They Worth It?

london flats part exchange house scheme with Molae Properties

Due to the recent economic slowdown in the United Kingdom, caused in no small part by the Brexit vote, many homeowners are concerned about whether or not they will be able to sell their property within a stagnant market. One option you could consider is a part exchange house scheme (or a PX scheme for short). These programmes allow a property owner to literally “exchange” their home and put the value towards a new property.

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Latest testimonial

The sale of my property was well managed with regular communication and advice and support provided throughout the process.  The company also provided legal support through one of their panel solicitors which was professional friendly and reassuring during what was a complex sale.  They are trustworthy and reliable and I would recommend this company to anyone looking to sell their property.  Thank you for making this a much easier process.
R. Mangal, Leyton, London, E10

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