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JonoP

What Is The Snag?

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Generally speaking two flats will selll for a fair bit more than a single house. So why not sell as two flats?

My guess is legally it is still a house, in which case -

(1) a lender will not lend on it

(2) the council could ask you to turn it back into a house (which would cost money and reduce yield)

Could be wrong, but that's my guess.

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Generally speaking two flats will selll for a fair bit more than a single house. So why not sell as two flats?

My guess is legally it is still a house, in which case -

(1) a lender will not lend on it

(2) the council could ask you to turn it back into a house (which would cost money and reduce yield)

Could be wrong, but that's my guess.

They also use the term "Currently Occupied" rather than "Sitting Tenants" that might suggest that they are off soon without replacements.

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They also use the term "Currently Occupied" rather than "Sitting Tenants" that might suggest that they are off soon without replacements.

cheers chaps

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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