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So my question is, does this part-ownership actually make me a second home owner? If I sold my own home in which I now live and own with a mortgage, would I be subject to additional property stamp duty? And as a listed co-owner, would I and fellow co-owners have a legal claim over the rental income? I think in this instance ownership and rights over income appear to have been separated. There is a distinct possibility that the trust gives your father control over rental income but the issue of ownership is interesting. I would take legal advice on this asap to clarify your own position and whether you may be liable to additional stamp duty in the event that you sold your own home. The fact the property is under the control of a trust may help your situation but worth checking with a property legal expert. I think in this instance ownership and rights over income appear to have been separated.

There is a distinct possibility that the trust gives your father control over rental income but the issue of ownership is interesting.

I would take legal advice on this asap to clarify your own position and whether you may be liable to additional stamp duty in the event that you sold your own home.

The fact the property is under the control of a trust may help your situation but worth checking with a property legal expert. Having thought more about it, my suspicion is that the trust is a separate legal entity, so despite being a trustee of that trust and therefore technically a co-owner, the actually ownership rights belong to the trust (as no individual trustee has the power to act alone in decisions pertaining to the property). So I think I, as an individual, would only be considered the owner of my residential home. I would check with a lawyer but I tend to agree with your assumption. The other person is instant payday loans for bad credit in holiday loans online holiday loans online a position to fake my identity easily. If you are really afraid of ID fraud you will need to speak to a better lawyer and see what they advise. This las vegas payday loan has disaster waiting to happen written all over it. When we were lease holders, the person who purchased flat 2, had his car park removed from the plans and had one of the visitor car parks assigned to his flat. We are in the process of purchasing a 2 bed flat in Islington which has recently been developed from a previous single occupancy building. However when looking at the planning permission for the development of the 3 flats, the flat we are purchasing is shown as a 1 bed with the second bedroom as a separate dining room.

The property is only 55 sqm in size which per the Islington development plan is below the size for a new 2 bed flat. Will this cause issues for mortgaging or reselling in the future?

If it did not adhere to size regulations then I do not see how it could be classed as a 2 bedroom flat? It may well cause issues with mortgage finance in the future - check with your solicitor. One issue which would scare me is if you decided to sell in the future. Imagine if someone found the info re:room sizes, etc and it was deemed you could not market it as a 2 bedroom property. That would surely have a serious impact on the value? My first action would be to go back to the agent holiday cash advance and clarify the situation regarding the bedroom number classification. Tell them of your concerns and get holiday loans online something written down on paper. I bought a property through a Dubai Broker the property is based outside of UAE but the transaction were made in Dubai. Developer has failed to develop the property and personal loans online for bad credit reals estate who is holding my payment will not provide refund.

Thanks Longterminvestor, I was not able find an online contact info. If you click on the link and look at the bottom right hand corner of the screen, there is an online chat option. There are supposedly holiday loans online new regulations now in place to protect investors - be interesting to see if they actual work in this situation. I think its best you should go to the RERA office and check. RERA must surely be the best starting point for you - if they cant put pressure on the Dubai agent to sort the issue then they will at least be able to point you in the right direction. I have a plot of land in Chelmsford with a 9 Bed HMO on it, I have planning in to split the HMO into two houses and to build a new house on the end - pre agreed at pre app, expected in 2 weeks. We want to split the title into 3 seperate titles to mortgage each property separately yet retain ownership of all three within our Ltd on a freehold basis. Has anyone managed to split a title and retained ownership of all the titles and successfully re mortgaged those long term personal loans properties?

However, I have done some digging and it does seem as though granting access rights to yourself is not straight forward.

Maybe take advice from another property expert just to ensure nothing has been missed?

This all seems a little bizarre to me - transferring the properties to another part of your group (with no change in underlying ownership) seems over the top. However, I have done some digging and it does seem as though granting access rights to yourself is not straight forward. Maybe take advice from another property expert just to ensure nothing has been missed? Whatever the final decision it looks like it is going to be fairly costly, both in terms of advice and actually setting up alternative vehicles. All seems a bit bizarre to me - do we have anyone on the forum who can advise on a sensible solution to this issue?

Not really advertising and apologies if you think that way. Having lived in both detached and semis I would never buy a semi again. My preference would be one fewer bedrooms rather than having neighbours attached. We have been trying to buy a house and were shown around by the original estate agent who had also tried to negotiate a mid-way price between what the sellers were looking for and we believed its true value to be. Just as we were about to put in our first offer, the seller moved it to another estate agent. When we came to make our first offer - roughly 3 weeks after it had changed agents - we asked the new agent to confirm who we should be dealing with. When they replied Us - we have sole rights now , I asked them to contact the original agent to confirm and agree this as we understood they obviously felt differently.

A few days later I asked again, more insistent this time. I think you need to speak with the seller - it is not your problem. I would assume the original estate agent is entitled to any commission if they introduced you.

However, it would appear the new agent is trying to muscle in. Let the seller direct you and they how to get a personal loan with no credit can take any flak. We have been trying to buy a house and were shown around by the original estate agent who had also tried to negotiate need cash fast no credit check a mid-way price between what the sellers were looking for and we believed its true value to be. Just as we were about to put in our first offer, the seller moved it to another estate agent. When we came to make our first offer - roughly 3 weeks after personal loans based on income only it had changed agents - we asked the new agent to confirm who we should be dealing with. When they replied Us - we have sole rights now , I asked them to contact the original agent to confirm and agree this as we understood they obviously felt differently.


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A few days later payday advance san diego I asked again, more insistent this time. The seller can change their agent depending on the agreement signed. But if you are still interested in the property you can put a offer in but it will be with the new agent. If in the previous agent signed agreement it states that if a buyer is introduced by the previous agent they are entitled to a fee. Unfortunately like someone else said it is the sellers problem. If they accept your offer they may have to pay a double or more fees. As it appears the house may had been on the market for a few months for them to change agents.

It turned out to be as we suspected it would be the new agents were fibbing when they said they were solely entitled to the commission, but then effectively stalled any negotiations between us and the seller until 6 months were nearly up. The agent knew this was the case (every prospective buyer had said the same thing - Nice house - but crazy price! We put in our initial offer via the new agent, and this was turned down by the seller as we pretty much knew it would be, but the idea was get the ball rolling and negotiate. Our circumstances also changed at this time (mil sold her house and moved in with us) and we become cash buyers, so we asked the agent to tell the seller that (a) we had the cash so could move as quickly as they wanted, and (b) we to negotiate to find a middle ground. This agent covered themselves in more undignified glory by firstly accepting our offer - and acknowledging this by email ( Congratulations! It turned out to be as we suspected it would be the new agents were fibbing when they said they were solely entitled to the commission, but then effectively stalled any negotiations between us and the seller until 6 months were nearly up. The agent knew this was the case (every prospective buyer had said the same thing - Nice house - but crazy price! We put in our initial offer via the new agent, and this was turned down by the seller as we pretty much knew it would be, but the idea was get the ball rolling and negotiate.