BobbyFowler
Registered User
- Messages
- 328
Do not over-extend your property so it is out of keeping with its original size or the neighbourhood.
If you plan to rent it out then remember that this will most likely mean that some portion of any gain (including enhanced gains attributable to the extension etc.) will be assessable for CGT on resale.Thanks for the info. In the short to medium term, the idea we have does satisfy our needs. I've no plans to sell up for a few years (although we may move abroad towards the end of 2008, afer which we'd probably rent it out) I can see how putting the money aside for a future purchase makes some sense..
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