Buy, Keep or Sell?

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If you sell your home and it’s your main residence, you won’t have to pay any capital gains tax (CGT). Will you be able to pay for the property’s maintenance? Can you afford a new boiler? What if the house gets damp? Or if it needs a new roof? You won't miss a thing when it comes to the Gunners - you'll get all you need to know directly into your inbox. You could argue that the other four are ornamental. All well and good, but does that fit your definition of “purpose”? Curtis Jones: The local lad's sudden emergence for the Chelsea and Arsenal games was something of a surprise, but he clearly has talent. He's worth persisting with, even if the profile of the new additions is likely to indicate just what the club think of him. KEEP

With the new ‘digital age’ now affecting the property market we are in a strange situation where successive governments have dramatically increased the legal requirements to let a property to tenants. Rare items like limited-edition mechanical watches or well-known artworks can go up in value. Aside from collector’s items, precious metals like gold and silver are often kept as “rainy days insurance”. Whether selling or renting out your home is the right step to take will depend on your personal circumstances and your own needs. CGT is due on any ‘gain’ you make – so, the difference between what you paid for your property and what you sell it for.

Summary

Some have seen a home they once loved ruined through damage while others have not received rent for months at a time and ended up being owed thousands or tens of thousands of pounds. Not all properties in all areas are suitable for letting. For example, if you are thinking of letting to students they will expect to be within a short distance of the university or higher education. Mykhailo Mudryk The Ukraine winger joined in January. Yet to make an impact but the 22-year-old has raw ability. Needs a run in the team.

Finally, how much joy a particular item provides is another major factor in the context of whether you should keep or sell stuff. Whether you pay income tax on your rental profits will depend on how much you earn from other work. For example if you let it furnished and have to replace the items post a tenancy, then the costs can be deducted from your rental income. They’ll be able to advise on its potential as a rental property and make suggestions that will make it stand out to potential tenants.Finally, it’s also wise to work out the future running costs too, say over five years, as costs are likely to go up. How much should you budget for cost increases?

If you’re struggling to generate buyer interest in your home, it can be tempting to undertake renovation work in a bid to help it stand out. If your property is worth less than your mortgage, you’ll have to find the difference to pay off the loan As well as your lender’s own financial assessment, you should always be comfortable in your own mind that you can afford to own multiple properties. Calvin Ramsay: The Young Scot has barely been seen and needs to get fit on someone else's watch. LOAN OUT Upfront fees to secure safety certificates such as gas, electric and possibly an Energy Performance Certificate (EPC).Eddie Nketiah - A good talent who needs games but unlikely to lead the line for Arsenal anytime soon. - SELL Seek advice from a specialist property tax expert to ensure you take full advantage of capital gains allowances and tax relief.

Constant calls from tenants to fix problems in a property, some even expecting their lightbulbs to be changed (which you don’t have to do).If you are letting a property for the first time, it’s important to be aware of all of the costs you are likely to incur. That makes a sale possible. That would not be devastating for City if Ndidi’s form does not improve from where he was this season, but at his peak, he would be one of the best midfield destroyers in the Premier League, never mind the Championship. This will also mean they have client money protection should someone walk off with your rental income or the company goes bust.