VAT invoices for commercial conveyancing and funding costs

[doobrey]

That bears little or no resemblance to reality as far as I can see. All rights and obligations are transferred from the vendor to the purchaser.

A big chunk of the value of such a commercial property as an investment proposition is in the terms of the lease and the quality of the tenant....

[doobrey]

Agreed, that is certainly what it sounds like. Not an unusual tactic from agents, it seems, but a thoroughly unethical one.

Only direct comms with landlord are likely to uncover the truth....

[doobrey]

FWIW regarding wording of letter it is a good idea to use a template or at least include key boilerplate text relating to Civil Procedure Rules.

e.g. https://www.which.co.uk/consumer-rig...ms-court-claim

[doobrey]

Thanks.

I have now requested and received VAT invoices from the solicitors. I don't think these are normally provided by default. In previous transactions I don't recall being issued an invoice ; just a quotation beforehand and a completion statement at the end.

[doobrey]

My understanding is that C4 status would be lost if a property stopped being used as an HMO. For that reason I applied for (and obtained) mixed C3/C4 use for mine, so that I had the option.

That said, there are different cases and I don't claim to be any kind of HMO expert....

[doobrey]

Exit fee might be deemed an unfair term?

787greenliner, my personal view is that if the agent has been demonstrably ineffective / negligent you should be able to end your agreement without any exit charges and that is probably what I would be pushing for in that case.

You need...

[doobrey]

I have incurred purchase costs (mainly professional fees from solicitors and lender) on a commercial property which is opted for tax. I registered for VAT in order to buy this property. Because it is opted for tax, I can reclaim VAT on expenses.

I presume this means I need to request VAT...

[doobrey]

It's not clear what you did. What does 'I rented out my own property through "Rent a Room" for £1308.68' mean? What did you let, for how much and for how long?