u/TravelswithaSpoon

about to sell my London flat and am aware it's not a great market time, but also equally aware i'm done being a landlord and i live in the US now.

Am steeling myself for the property to be on the market for a while and to reduce at some point if no firm offers. I started going through my old documents when i purchased the flat in 2009 and it took 4 months from first viewing to when i completed.

i'm seeing London sales now taking 6 months or more from start to finish.

In the US, a house sale is done start to finish in 30 days or less with very strict deadlines.

Aside from London being a significantly older place than America in general, does anyone know precisely why the US is so much more efficient and why the UK has so much red tape?

after 10 years renting and almost 10 owning, i'm beginning the process of selling up my rental flat in London. I have my estate agency in place and a conveyancing lawyer, but my UK accountant is not knowledgable on capital gains tax - can anyone help with someone reputable in London? Thank you!!

After 10 years renting since i moved to the US, and almost 20 years of owning what is a beautiful ground floor London garden flat, i'm DONE and about to put the flat on the market, and using my property managers at a national estate agency. They've been overall good and i will negotiate the fee where possible.

SO many tenant issues - which i know is part of being a landlord, but this last couple have finished me off when i have gone above and beyond my landlord duties. They took full advantage of the new laws from May, and gave their notice and leave in a couple of months. Great - saves me having to serve notice - there was no great hurry anyway and really they should have taken a short term let. So everyone gets want they want here.

What with all the drama of tenants, plus i'm due to re-mortage next year anyway, plus the fact that landlords will need to file quarterly taxes instead of annual, plus the impending EPC regulations coming in a couple of years and probably even more things that make it harder and harder for a landlord, i'm done. I'm cashing out. It was a good run, but the truth is i'll never live there or in London ever again.

Now, unfortunately my UK accountant doesn't do Capital Gains Tax for a non-resident landlord - does anyone have any good reccos or experience they can share? Cross-posting for vis. Thank you!

After 10 years renting since i moved to the US, and almost 20 years of owning what is a beautiful ground floor London garden flat, i'm DONE and about to put the flat on the market, and using my property managers at a national estate agency. They've been overall good and i will negotiate the fee where possible.

SO many tenant issues - which i know is part of being a landlord, but this last couple have finished me off when i have gone above and beyond my landlord duties. They took full advantage of the new laws from May, and gave their notice and leave in a couple of months. Great - saves me having to serve notice - there was no great hurry anyway and really they should have taken a short term let. So everyone gets want they want here.

What with all the drama of tenants, plus i'm due to re-mortage next year anyway, plus the fact that landlords will need to file quarterly taxes instead of annual, plus the impending EPC regulations coming in a couple of years and probably even more things that make it harder and harder for a landlord, i'm done. I'm cashing out. It was a good run, but the truth is i'll never live there or in London ever again.

Now, unfortunately my UK accountant doesn't do Capital Gains Tax for a non-resident landlord - does anyone have any good reccos or experience they can share? Cross-posting for vis. Thank you!