Saturday, August 8, 2009

I'm moving to a new house and have remortgaged my house as a buy to let. This was to break the

not loose the other house. I really thought my house would sell but it hasn%26#039;t. I now have to decide if I want to let it out? If I don%26#039;t then i%26#039;m paying mortgage on an empty house. I heard that I would have to pay 40% between the sale price and the cost that I paid when I later sell it. What to agents charge for managing the property? I%26#039;m also worried that it will affect my child tax credits is there a way to offset the rent against earnings from rent as if my mortgage payment is 鎷?50 and I charge 鎷?50 from rent then I just make 鎷?. Thanks



I%26#039;m moving to a new house and have remortgaged my house as a buy to let. This was to break the chain and to

You might need to ask this question in the %26quot;tax%26quot; section.



In the US, property managers charge generally from 6~10% of the monthly rent. Some also charge extra for advertising and/or a move-in/move-out fee.



Good luck!

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