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I haven't had time to do the case study yet but thought I would let you know what KBC told my husband on the phone this morning. He told them that we were considering moving into the BTL and they said that if we do move in we need to let them know asap, write to them telling them it is now our...

Thanks will do!

To follow on from my question, I guess we are just wondering what happens now? To add to this we were actually just looking at the option of moving in to the rental house, and renting out our primary residence, ie swapping. Some reasons for this include older kids have moved out so we don't...

A letter from KBC regarding this 'transfer' arrived this morning - it is regarding our BTL mortgage (we also have a mortgage on our primary residence with KBC. We have a 5 year deal with KBC, which started May 2017 and this is being paid every month, however is interest only. The BTL property...

thanks again srase, so just out of curiosity, do you know why table of inflation does not go up to 2015/16, I mean should the multiplier not be higher by now as 2004 is 12 years ago?

just this question left then.... the Table of inflation from revenue ends in 2004, do I use this??)

thank you srase, that looks much better!

Thanks for you replies! Property was occupied by my husband and then my mother-in-law (rent free) for the entire 30 year period so I do believe we would be exempt from CGT if we sold it within the next 12 months. But we need to decide whether to rent it out for a while instead (as it is in...

So am I thinking along the right lines here? Would appreciate your help... Sell house for 120,000 Value of property in 1986 - 25k adjusted for inflation 25 x 1.713 = 42,825(this is from the Table of inflation from revenue - but it ends in 2004, do I use this??) 120,000 - 7000 selling expenses =...

we have a dependent relative who lives there and will move out to a nursing home soon. they have not been paying any rent. so if we rent it out to tenants for say 2 years after she moves out, how do we calculate what we owe? thanks

Good Evening I haven't been able to find the answer to this anywhere else so i am hoping you can help? We have a second property and are considering renting it out as it is in negative equity. If we later decide to sell it, do we deduct the mortgage amount owed from the gain? ie there will...

Hi anyone out there? Could really do with some help! Instead of what was described to my husband on the phone on Friday, we got our letter today. It's is basically saying we have agreed to surrender our second property for voluntary sale. If it does not sell within 6 months we hand it over to...

I'm back to update and get some more advice. We have written to KBC several times with the aim to get them to consider our situation as a whole and not constantly having to fill in SFS forms every three months, for the separate properties, which is so stressful. We asked for a longer term...

Thanks Butter, I will look at the documents but I suspect that they are not tied together in the way you describe by what I remember. Your advice to speak to KBC again is good, the problem seems to be that we can never speak to the same person. They dont seem to have an account manager for each...

Thanks for your thoughts! I neglected to put the monthly payment for the 5500 loan which is 185 per month. This leaves us around 2400 per month and to be honest our expenditure is closer to 3000 per month so we juggle. We know we need to do something, quite apart from the fact that we are not...

Income details Net monthly Husband 2250 per month full-time employment private sector Net monthly Wife 3200 per month full-time employment private sector Amount of child benefit received 260 Amount of Mortgage Interest Supplement received 0 Personal circumstances so we can calculate...