{"id":124569,"date":"2022-02-14T14:00:11","date_gmt":"2022-02-14T07:00:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-sell-or-rent-out-my-flat-as-it-would-not-suit-our-needs-if-my-partner-moved-in\/"},"modified":"2022-02-14T15:05:03","modified_gmt":"2022-02-14T08:05:03","slug":"should-i-sell-or-rent-out-my-flat-as-it-would-not-suit-our-needs-if-my-partner-moved-in","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-sell-or-rent-out-my-flat-as-it-would-not-suit-our-needs-if-my-partner-moved-in\/","title":{"rendered":"Should I sell or rent out my flat as it would not suit our needs if my partner moved in?"},"content":{"rendered":"


\nWe might rent a property together, so I could have equity for a future purchase or become a landlordQ I am nearing the end of the fixed-rate deal for the mortgage on my flat. My partner and I are planning on moving in together sometime in the next 12 months. My flat doesn\u2019t suit both of our needs, so we would probably need to rent a new property together. Am I better off selling my flat and having the equity (and existing cash savings) ready to put down as a deposit on a new home, either jointly or independently, in a year or two; or should I seek to rent out my flat? I don\u2019t have much knowledge of agents\u2019 fees, and other costs and taxes associated with renting it out; what can I expect? Based on my initial workings, I suspect I would be hoping to at best break even rather than to make a profit from renting it out. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Should I sell or rent out my flat as it would not suit our needs if my partner moved in?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We might rent a property together, so I could have equity for a future purchase...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-124569","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wpb","jetpack-related-posts":[{"id":11082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-rules-mean-i-cant-rent-out-my-flat\/","url_meta":{"origin":124569,"position":0},"title":"Help-to-buy rules mean I can't rent out my flat","date":"April 21, 2016","format":false,"excerpt":"\r I want to move to my partner\u2019s house but my mortgage terms prevent me from leasing my flat out. What can I do?Q: I have a problem. I bought my flat in Manchester in June 2014 with an equity loan from the help-to-buy scheme. I met my partner in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-sell-my-rental-flat-to-buy-out-my-partner-from-the-house-we-bought-together\/","url_meta":{"origin":124569,"position":1},"title":"Should I sell my rental flat to buy out my partner from the house we bought together?","date":"September 5, 2022","format":false,"excerpt":"\r I fear I face capital gains tax bill of \u00a3100,000 or more if I sell it without living back in it for two yearsQ My partner and I are splitting up, sadly, but amicably, after 12 years together. We have two children, aged eight and six. The issue has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137434,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-i-have-to-switch-to-a-buy-to-let-mortgage-for-a-six-month-sabbatical\/","url_meta":{"origin":124569,"position":2},"title":"Will I have to switch to a buy-to-let mortgage for a six-month sabbatical?","date":"June 19, 2023","format":false,"excerpt":"\r We\u2019re planning a six-month trip so I\u2019d like to rent my flat out while away to cover the billsQ I bought my flat a little over a year ago, and have recently agreed to take a sabbatical with my partner. We\u2019re planning to be out of the UK for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-i-buy-a-share-in-my-parents-home-and-a-flat-to-rent-out\/","url_meta":{"origin":124569,"position":3},"title":"Can I buy a share in my parents' home \u2013 and a flat to rent out?","date":"October 30, 2018","format":false,"excerpt":"\r I have will about \u00a335,000 from the sale of a property and want to make the best of itQ After a recent separation, my two young children and I have moved back in with my parents whilst I have been selling the property I jointly owned with my ex-partner.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51038,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/global-housing-rent-comparison-what-40000-a-year-gets-you-in-top-cities-around-the-world\/","url_meta":{"origin":124569,"position":4},"title":"Global housing rent comparison: what $40,000 a year gets you in top cities around the world","date":"April 6, 2017","format":false,"excerpt":"\r The National had a look at what US$40,000 (Dh146,916) a year would get you in terms of renting an flat in major cities.Zurich in Switzerland came out as the city in which you could end up in the smallest flat - with a 807-square-foot historic flat close to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1012,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/got-20000-spare-for-monthly-rent-live-in-this-flamboyant-flat-liberace-would-be-proud-of\/","url_meta":{"origin":124569,"position":5},"title":"Got \u00a320,000 spare for monthly rent? Live in this flamboyant flat Liberace would be proud of","date":"January 8, 2016","format":false,"excerpt":"\r Marble floors, chandeliers, murals and mirrored furniture make this London flat a feast for the eyes\r \r Source : telegraph.co.uk\r Read more...Got \u00a320,000 spare for monthly rent? Live in this flamboyant flat Liberace would be proud of","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124569"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=124569"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124569\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}