A mortgage is a home loan from a financial institution to purchase or construct a house. You pay the loan back monthly, over a period of years. The financial institution extending this home loan could be a bank, Sacco or a mortgage finance provider. It is a way in which one can buy p...
The most common house-buying mistakes Helping a loved one buy a home Lend a Hand mortgage Acting as a guarantor Remortgaging Tools and calculators Mortgage calculator Mortgage interest rate change calculator Stamp Duty calculator Mortgage overpayment calculator Lloyds Bank Conveyancing Service The latest...
Renting a House House Rent Allowance or HRAis given by the employer to the employee to meet the expenses of rent of the accommodation which the employee has taken for his residential purpose. To claim HRA you need to submit PAN number of your house owner, Lease agreement and receipts to yo...
Stamp duty is calculated according a scale published by the Internal Revenue Commission. You can use the handy stamp duty calculator at Hausples.com.pg, which also accounts for the PNG first homebuyers grant. Please note the first home buyers grant is generally only available to PNG citizens. ...
A few months ago my grandmother, her mother, died and has left her 75% of her house (including the sitting tenant that my grandmother had).Will she now have to pay stamp duty on the house that she’s buying (£235,000)? The tax calculator says no but her solicitor thinks that she...
Property Taxes: How much tax do you pay for buying a house in Portugal? Beyond admin costs and legal fees, property owners need to pay certain property taxes to the government. You’ll need to calculate each of them, which a Portugal property tax calculator is helpful with. Property owners...
•Stress test: Passing a stress test is the first step in applying for a mortgage loan for your first home. The Hang Seng Affordable Loan Amount Calculator gives you a reference for your maximum affordable mortgage loan amount, and also an initial idea about whether you can pass a stress ...
If you could only borrow $1million before and a house at auction goes past this point you would have been out. But now you can borrow $1.2million you still have more spending power to stay in the auction. It doesn’t really matter what the property is worth (up to a certain ...
Finding and buying a house in Singapore can be complicated — especially for expats, as there are restrictions on the way that foreigners can buy both land and property. However, the mind-boggling amount of information on the internet may be daunting, especially if you’re a foreigner making ...
Anyone leasing out a property to a foreigner or local will need to pay a 1% stamp duty when the rent is collected. VAT is payable if the lease is to a VAT Registered person, other than on residential premises. Further, the sale of land & buildings other than residential premises will al...