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#29
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[ QUOTE ] No taxes in UK that homeowners pay and renters don't. [/ QUOTE ] Typically rent already includes the taxes (it's a landlord expense) but a mortgage doesn't (usually). Is this different in the UK? [/ QUOTE ] The only "tax" which we would pay is the council tax, which is a local community charge to pay for street lighting, rubbish pickup, local facilities, etc. It's standard for this to be the responsiblity of the occupier not the landlord. There are a few other UK specific things which help the homebuyer too, such as no capital gains tax on profits from a main residence. |
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