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Old 10-12-2007, 01:46 PM   #11 (permalink)
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Just emailed our local estate agents and they said their fees were 10% with a £150 up front fee for marketing etc. They also said I may have to pay tax at source too - see below text from agents:

With regards to the taxation issues I believe you may have
been mis-informed slightly. You can procure an inland revenue which if
granted means you are exempt from paying tax at source. Generally after a UK
tax payer has been out of the property for longer than 6 months a letting
agent must pay the inland revenue tax at source (making deductions from
rents received). The form does not make you exempt from tax, just paying at
source, a tax return would still be necessary in order for you to avoid
paying tax at all on your income.
A financial advisor/ accountant is the best source of advice on such
matters.

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Old 13-12-2007, 05:59 AM   #12 (permalink)
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Quote:
Originally Posted by Diane Paul and the kids View Post
Hi,our house has been on the market for 10 months,and we are on our third agent as of today,but unless we get a very good offer before now and the end of march,we are going to rent to my brother and his girlfriend,who want to move in in early may,so we are renting,not for the safety net,but simply because we can't sell,we refuse to drop the price,because we have done that already and don't want go any lower.Paul.
It's very strange that you had waited for 10 months and that too without any positive results. There is no need to consult any real estate agent for selling your house.

My suggestion would be tap property buying companies. They can really get you out of the crisis and fast. Selling through estate agent would cause you further delays.

In contrast, property buying companies can get you closer to a deal much faster, because they themselves are the buyers and they pay cash! They usually can purchase your property within 28 days.

You would be spared the expenses of legal fees, estate agent fees or any hidden charges too. And what’s more, you receive all your money in cash andsell house fast for cash .

You can also check a website which is surely going to help you. www.sellhousefastcash.co.uk
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Old 13-12-2007, 09:18 AM   #13 (permalink)
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We are moving in May to Sydney and did think about renting it out incase we dont like Aus, never having visited, however the reality of my work means i have to live somewhere other than the UK. But, my father in law has been renting out a couple of properties which were left to him from deceased family and it has been a nightmare. In one case the tenant stopped paying rent and refused to leave and trashed the house.
A rented house a few doors away from me was let to some very nice chinese guys, who apparently were no trouble to the next door neighbour and paid rent always on time. But it was raided a few days ago as it was being used as a canabis farm. The house is completly trashed from the humidity. All the wood including stairs have rotted away.
Combine this with the fact we know we will have a lot of expense when we first arrive, (most of our furnishings are not worth taking) and we think selling is the only real option
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Old 14-12-2007, 10:15 PM   #14 (permalink)
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Quote:
Originally Posted by taylorandrew View Post
It's very strange that you had waited for 10 months and that too without any positive results. There is no need to consult any real estate agent for selling your house.

My suggestion would be tap property buying companies. They can really get you out of the crisis and fast. Selling through estate agent would cause you further delays.

In contrast, property buying companies can get you closer to a deal much faster, because they themselves are the buyers and they pay cash! They usually can purchase your property within 28 days.

You would be spared the expenses of legal fees, estate agent fees or any hidden charges too. And what’s more, you receive all your money in cash andsell house fast for cash .

You can also check a website which is surely going to help you. Sell your house fast for cash in UK
Hi,have tried a few of those companys and they all offered roughtly £40,000 less than the asking price,so we politely declined the offers,we do have a viewer this sunday,so fingers crossed,this could be the one,Paul.
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Old 15-12-2007, 01:48 AM   #15 (permalink)
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Quote:
Originally Posted by taylorandrew View Post
It's very strange that you had waited for 10 months and that too without any positive results. There is no need to consult any real estate agent for selling your house.

My suggestion would be tap property buying companies. They can really get you out of the crisis and fast. Selling through estate agent would cause you further delays.

In contrast, property buying companies can get you closer to a deal much faster, because they themselves are the buyers and they pay cash! They usually can purchase your property within 28 days.

You would be spared the expenses of legal fees, estate agent fees or any hidden charges too. And what’s more, you receive all your money in cash andsell house fast for cash .

You can also check a website which is surely going to help you. Sell your house fast for cash in UK

I would only use one of these companies if I was in danger of loosing my house to the Bank.

A 40k reduction from the current valuation for a quick sale is huge loss.

But i am not in the U.K at the moment so i do not know the current U.K housing market situation.
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Old 15-12-2007, 10:34 AM   #16 (permalink)
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Quote:
Originally Posted by VERYSTORMY View Post
We are moving in May to Sydney and did think about renting it out incase we dont like Aus, never having visited, however the reality of my work means i have to live somewhere other than the UK. But, my father in law has been renting out a couple of properties which were left to him from deceased family and it has been a nightmare. In one case the tenant stopped paying rent and refused to leave and trashed the house.
A rented house a few doors away from me was let to some very nice chinese guys, who apparently were no trouble to the next door neighbour and paid rent always on time. But it was raided a few days ago as it was being used as a canabis farm. The house is completly trashed from the humidity. All the wood including stairs have rotted away.
Combine this with the fact we know we will have a lot of expense when we first arrive, (most of our furnishings are not worth taking) and we think selling is the only real option
THAT'S SORTED THEN.....WE WILL SELL! THANKS..
__________________
SKILLED INDEPENDENT 136 (NURSE)
NOT USING AN AGENT
APPLICATION: £860
APPLCATION ACKNOWLEDGED: JUNE 2007
POLICE CHECKS SENT: DONE IN 40 DAYS 2/10/07 £20
MEDICALS DONE: SEPT 12TH 2007 £802
CASE OFFICER ALLOCATED:24/09/07.
VISA GIVEN:23/11/07
HOUSE ON THE MARKET SINCE 9/2/08
(2 ADULTS 2 YOUNG CHILDREN)


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