Re: Owning a house.
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No taxes in UK that homeowners pay and renters don't.
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Typically rent already includes the taxes (it's a landlord expense) but a mortgage doesn't (usually). Is this different in the UK?
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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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