{"id":35638,"date":"2016-11-24T14:00:27","date_gmt":"2016-11-24T07:00:27","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-costs-and-tax-are-complicating-our-move\/"},"modified":"2016-11-24T14:08:38","modified_gmt":"2016-11-24T07:08:38","slug":"mortgage-costs-and-tax-are-complicating-our-move","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-costs-and-tax-are-complicating-our-move\/","title":{"rendered":"Mortgage costs and tax are complicating our move"},"content":{"rendered":"


\nMy partner\u2019s CGT liabilities from selling his rented property plus divorce-related debt may leave us little for a new place \u2013 have I got the numbers right?Q I am writing in utter despair and I am hoping you can help. My partner owns a house that he has always rented out. He now needs to sell this property so we can buy our first house together as we are currently renting. He also needs to clear a debt of \u00a350,000 from a messy divorce. My partner bought his rental property in 1998 for \u00a3100,000; it has recently been valued at \u00a3370,000. He remortgaged the house to pay for a property with his ex-wife, which she was given as part of the divorce settlement. As a result, when he sells the rental property there will be a mortgage of \u00a3125,000 left for him to pay off. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Mortgage costs and tax are complicating our move<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

My partner\u2019s CGT liabilities from selling his rented property plus divorce-related debt may leave us...<\/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-35638","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\/p75ss1-9gO","jetpack-related-posts":[{"id":22590,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-partner-wants-a-divorce-can-he-take-50-of-my-house\/","url_meta":{"origin":35638,"position":0},"title":"My partner wants a divorce \u2013 can he take 50% of my house?","date":"August 11, 2016","format":false,"excerpt":"\r My house is registered at the Land Registry in my name only. I married my partner in July \u2013 now he wants a divorce and I\u2019m worried I\u2019ll lose half the houseQ When my parents died, they left me money which I used to buy my house outright, with\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":858,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/my-ex-husband-has-landed-me-with-a-9000-mortgage-debt\/","url_meta":{"origin":35638,"position":1},"title":"My ex-husband has landed me with a \u00a39,000 mortgage debt","date":"November 11, 2015","format":false,"excerpt":"\r When we divorced he was awarded the house \u2013 he but refused to take me off the title deeds and is now bankruptI have a bill of \u00a39,000 because I have been lumbered with responsibility for my ex-husband\u2019s house, which is worth less than the mortgage.I jointly owned the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150720,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/our-divorce-ruling-may-have-enabled-my-ex-husband-to-trash-my-credit-score\/","url_meta":{"origin":35638,"position":2},"title":"Our divorce ruling may have enabled my ex-husband to trash my credit score","date":"April 8, 2025","format":false,"excerpt":"\r My bank is in the process of repossessing our former marital home over mortgage arrears he was instructed to payWhen my husband and I divorced, the family court ordered our house should be sold. 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It\u2019s time to have an honest conversationMy partner bought a house last year which I now live in, but we don\u2019t share a thing and I am starting to wonder if this is normal.I am in my\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127080,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-sell-my-buy-to-let-flat-or-keep-it\/","url_meta":{"origin":35638,"position":4},"title":"Should I sell my buy-to-let flat or keep it?","date":"June 20, 2022","format":false,"excerpt":"\r It has been a successful rental, but I\u2019ve hardly reduced the loan and I\u2019m worried about remortgagingQ In 2006 I bought a flat on the south coast. Looking back I had no clue what I was doing and got caught up in an unrealistic bubble that burst soon after.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8211,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/govt-helped-543-sporeans-find-shelter-between-2013-and-2015\/","url_meta":{"origin":35638,"position":5},"title":"Govt helped 543 S'poreans find shelter between 2013 and 2015","date":"March 2, 2016","format":false,"excerpt":"\r Homelessness is still a problem in Singapore. (Photo: Timothy Sim) From 2013 to 2015, the Ministry for Social and Family Development (MSF) assisted 543 individuals and 374 households who needed a roof over their heads, reported Channel NewsAsia. 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