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pdrg
Support Moderator
United Kingdom
2897 Posts |
 Posted - 09 September 2004 : 06:48:28
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sorry seahorse, just got back in the office - you should be able to find somewhere decent for that kind of money - won't be huge, but of a perfectly serviceable standard :) If you have wheels, looking slightly out-of-town (ie villages etc) will get you a lot more for your money, typically
Send some advance emails to HR in your company to post on a noticeboard/whatever - if you can get a private letting direct you will save the overhead of agencies (who can have no end of spurious set-up costs, then take appx 15% of the rental price, and so is factored into the price you see). It's not unlikely there will be some private landlords there, and you will know where to find them if they suddenly need to fix a boiler etc!
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Webbo
Average Member
United Kingdom
982 Posts |
Posted - 14 September 2004 : 16:57:46
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Don't hold out too much on waiting for a slump as it is all speculation and those in the business aren't expecting one.
Sales have slowed down, as have the price increases, especially in the south-east but there's still reasonable market demand in the north  |
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seahorse
Senior Member
USA
1075 Posts |
Posted - 14 September 2004 : 23:28:27
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quote:
Originally posted by pdrg
Send some advance emails to HR in your company to post on a noticeboard/whatever - if you can get a private letting direct you will save the overhead of agencies (who can have no end of spurious set-up costs, then take appx 15% of the rental price, and so is factored into the price you see).
Paddy, you mean that agencies will take 15% of the rent for the length of the rental period?
If that's the case, I need to get into the rental business. |
Ken
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Worldwide Partner Group
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pdrg
Support Moderator
United Kingdom
2897 Posts |
Posted - 15 September 2004 : 05:25:29
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Yep, and yep. And people wonder why real estate agents have a name as a bunch of fly-by-night wideboys...  |
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seahorse
Senior Member
USA
1075 Posts |
Posted - 16 September 2004 : 21:43:45
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| I hope this doesn't sound like a stupid question, but what is a council tax? |
Ken
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Worldwide Partner Group
Microsoft |
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HuwR
Forum Admin
United Kingdom
20600 Posts |
Posted - 17 September 2004 : 03:45:17
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| It is a Tax based on the value of your home which is used by local councils to pay for public services |
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seahorse
Senior Member
USA
1075 Posts |
Posted - 17 September 2004 : 04:34:49
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So, it's like the local property taxes in the US.
The site I've been surfing UK rental houses for said that renters would be responsible for council tax.
There's an expletive for how I feel about that, but the filters would probably get it. |
Ken
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Worldwide Partner Group
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seahorse
Senior Member
USA
1075 Posts |
Posted - 17 September 2004 : 04:40:20
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| Just how many kinds of taxes are there in the UK? |
Ken
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Worldwide Partner Group
Microsoft |
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PeeWee.Inc
Senior Member
United Kingdom
1893 Posts |
Posted - 17 September 2004 : 05:19:25
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More then 1 and less then 100? 
The way it all works out, we dont have it TOO BAD with Tax over here in the sunny UK. |
De Priofundus Calmo Ad Te Damine |
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pdrg
Support Moderator
United Kingdom
2897 Posts |
Posted - 17 September 2004 : 06:08:49
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| council tax will be appx £1000 pa (varying wildly with property size and location), just to give you some idea :) I imagine the local council for your areas you're going for will have this all published on websites, so just ask the estate agent for the 'council tax band' of the property. 2-3 bed small house is typically band c or d. |
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HuwR
Forum Admin
United Kingdom
20600 Posts |
Posted - 17 September 2004 : 06:55:47
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it was originally called RATES, and was based on some obscure figure called the rateable value of your property, this was abolished by the conservatives who introduced a tax on people called the POLL TAX, which basically totally unfair and after several large demonstrations and riots all over the country was replaced with the COUNCIL TAX, which is similar to the original rates system, but is based on the value that your property would have been on 1st April 1991.
It is for paying for things like refuse collection, police, fire brigade etc etc
we also have VAT which is 17.5%
and obviosly income tax which starts at 10% then goes up to 22% and finally the highest rate of 40%
and if you run your own business, you may have to pay corporation tax as well |
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Mr Pink
Junior Member
United Kingdom
387 Posts |
Posted - 20 September 2004 : 08:08:35
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Here's my list
Income Tax
Capital Gains Tax
Inheritance Tax
Corporation Tax
Stamp Duty Land Tax
Vehicle License Tax
Value Added Tax (VAT)
Import Duty
Council Tax |
Martin
Leyland Forum Leyland Lancashire UK |
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MarkJH
Senior Member
United Kingdom
1722 Posts |
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seahorse
Senior Member
USA
1075 Posts |
Posted - 20 September 2004 : 12:30:07
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quote:
Originally posted by Mr Pink
Here's my list
Income Tax
Capital Gains Tax
Inheritance Tax
Corporation Tax
Stamp Duty Land Tax
Vehicle License Tax
Value Added Tax (VAT)
Import Duty
Council Tax
Sadly enough I think I'll escape the inheritance, and capital gains taxes.
What's the stamp duty land tax?
I'm assuming that if I don't import anything, I'll escape the import tax too.
What's the logic behind the Value added tax? 17.5%?!? That makes you not want to buy anything. |
Ken
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Worldwide Partner Group
Microsoft |
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HuwR
Forum Admin
United Kingdom
20600 Posts |
Posted - 20 September 2004 : 13:24:06
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stamp duty is paid if you sell your property.
since you can't buy anything without VAT (other than a few exempt items) you don't have much choice, all EU countries and the US have an equivalent to VAT. |
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