No Building Regulations Certificate? What Can You Do? - HOA
If the building control work was carried out by an Approved Inspector, you should contact them for copies of any initial notices, plans or final certificates instead. There may be an administration charge involved and if no building regulations completion certificate was issued, a final inspection letter may be sent to you instead (or an ...
Permitted development explained - HomeOwners Alliance
Here are the major projects you can build under permitted development rights. 1. Two-storey extension. This is a relatively new addition to the permitted development scheme and an incredible way to add space. A two-storey extension allows you …
Stamp duty on second homes explained - HomeOwners Alliance
Nov 4, 2024 · Stamp duty applies to lease extensions just as it does to any other property purchase. But, the £125,000 threshold for standard stamp duty means most people don’t have to pay it. The issue with the stamp duty for second homes rate is that it kicks in at a much lower £40,000. Pay more for the extension, and own other properties, and you’ll ...
Capital Gains Tax on property when selling - HomeOwners Alliance
Capital gains tax rates on property vary based on a number of factors, such as your income and size of gain. Basic-rate taxpayers pay 18% on gains (not the total sale price) they make when selling property. Higher and additional-rate taxpayers pay 24% from April 2024. And it’s important to note that any capital gains tax will be added to your ...
Leasehold reform 2024: What you need to know - HomeOwners …
6 days ago · This will go further than the new protections inclulded in the Leasehold and Freehold Reform Act 2024. There are as many as 1.75 million homes on private estates and this continues to grow. According to the Competition and Markets Authority, homeowners pay around £350 a year in new build management charges. At this time, the government is only ...
Spray foam insulation warning to homeowners
According to Checkatrade, the cost of removing spray foam insulation can cost around £40 per square metre but you also need to factor in the cost of the skips as well as the safe disposal of the insulation. One of our readers who is buying a property with open cell spray foam has received quotes to remove the foam for £17,000 when the ...
Damp In The House And How To Fix It - HomeOwners Alliance
Improve ventilation (e.g open bathroom windows when showering, add a kitchen extractor fan) Remove mould from walls with a product such as HG mould spray then paint with a damp seal. Turn on or improve the heating of the property and insulate the …
What Is Indemnity Insurance? - HomeOwners Alliance
What is indemnity insurance? Indemnity insurance covers legal costs and potential damages in lawsuits. It primarily protects professionals from financial loss due to negligence, errors, or omissions in their work. But it’s also relevant when buying and selling a house when an indemnity insurance policy covers a legal defect with the property ...
Conveyancing process for sellers explained - HomeOwners Alliance
Conveyancing is the process of legally transferring home ownership from you, the seller, to the buyer. It starts from accepting an offer and finishes when you hand over the keys to the buyer. We explain all of the legal stages in the conveyancing process when selling -- the conveyancing steps and the conveyancing process timeline.
Moving House Checklist: Your Essential Guide In 2024
Sort your utilities. Energy suppliers: Tell your existing energy supplier that you’re moving home; give at least 48 hours’ notice and your new address. Check who your new energy supplier will be so you’ll know who to contact as soon as you move in. This information should be in the TA6 form you get from the sellers.