Author Topic: selling property help!  (Read 11906 times)

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Offline bee

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selling property help!
« Reply #20 on: June 04, 2012, 11:19:06 AM »
Hi we sold last year made a little profit, didnt have any tax bill either in turkey or uk



Offline Andrew H

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Re: selling property help!
« Reply #21 on: July 04, 2012, 17:33:50 PM »
I have owned my villa for some 7 years and assume CGT is not applicable irrespective of value on Tapu is this correct.? Also as a rough guide what generally do selling agents charge as a commmsion on the sale?


Offline bewva

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Re: selling property help!
« Reply #22 on: July 04, 2012, 18:41:44 PM »
Andrew you are correct re the CGT in Turkey as it disappears after 4 or 5 years depending on when you bought. I don't know whether you are liable for CGT in the UK though with the reciprocal tax agreement etc.
Agents normally charge 6% i believe 3% paid by the seller and 3% by the buyer.

Offline Andrew H

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Re: selling property help!
« Reply #23 on: July 06, 2012, 20:21:50 PM »
Thanks for that reply. However I have a further question . I now have a purchaser for my property but it is being suggested to me that the purchasers solicitor can deal with everything and I do not really need my own solicitor. Of those members who have sold did you appoint your own solicitor or not. I would also welcome Scunners input in to this.

Offline Steve (redding43)

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Re: selling property help!
« Reply #24 on: July 06, 2012, 20:23:37 PM »
I would never let a purchasers solicitors deal with my affairs

Offline Scunner

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selling property help!
« Reply #25 on: July 06, 2012, 21:46:09 PM »
I actually don't agree this time. As the seller, when the money hits my account I sign the property over. Let the buyer pay the solicitor - there is no exposure to risk if you follow the advice in the earlier part if this post  :)


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Offline lynne

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Re: selling property help!
« Reply #26 on: July 06, 2012, 23:27:56 PM »
I would never let a purchasers solicitors deal with my affairs

Just out of interest Steve, when we bought Lemon, we had a solicitor.  It them emerged that our solicitor who would have our best interests at heart, was also the builder's lawyer!  Needless to say, when the build was completed nearly eight months late, we never got any money that was in the contract that they would pay us for late completion.....Eight years ago now so water under the bridge but interesting all the same....

Offline Steve (redding43)

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Re: selling property help!
« Reply #27 on: July 07, 2012, 07:58:56 AM »
We never used the builders solicitor Lynne

This is more a case of do as I say rather than do as I do....

That said, I take Keith's argument that it is more important for the purchaser rather than the seller
« Last Edit: July 09, 2012, 19:14:56 PM by Steve (redding43) »

Offline grahamturner09

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Re: selling property help!
« Reply #28 on: July 09, 2012, 19:04:49 PM »
I recently sold a property in Turkey without a solicitor it was just a case of when the money is in my account I will sign.

Offline Scunner

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selling property help!
« Reply #29 on: July 09, 2012, 19:14:31 PM »
Correct Graham  :)




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