Hi Mick,

Me and Clive were just talking about you guys, I just said that I really have to get together with Claire and have a good ol girlie gossip. Clive said he will try and take me to meet up with her next week, cos I havent got the little one so I dont have to be back in time to do the school run.

Ive empowered myself and decided to go go go.

Hows things with you. Did the sale go through, please tell me it has and that we are all going to be on the same flight (wow hope they have plenty of champagne of that one)

Look at how you signed Claires name - have you been on the ol vino before me

You deserve it!

Hope it all goes well for you. It must be a big relief now you've made the decision. It's all the uncertainty that's stressful I.M.O

Its good to hear people with that attitude, good luck with your plans. I hope it all works out for you

Thanks guy, maybe I will set the way to go - watch this space. Sorted out mortgage, now gotta do lettin agents, tax man - no match for me mate the way I am feeling, so positive and gutsy.

Will keep u all updated as to how I get on and how viable it is to do it, dont let them get to you is what I say

I am refusing to put my house down anymore that what I have, I will get someone to rent it and then when all the scaremongering has gone in a few years, then bam bam I will reappear and sell my beautifull home for what it is really worth to someone worthy of buying it.

Kapri

Where are you going, how far are you along your line of journey. My older daughter lives in dorset, well salisbury really. I love your little line of if life gives you lemons, slice them up and put them in a g & t - my philosophy completely.

We have a visa and are staying put hubby has been offered a cracking job in sunny scotland. Is the grass greener we may never know?

Carol

Hey Yanchep... where in Aylesbury are you? I used to live in Wing ...

Nice idea about renting your place out. Bet you feel better now you've decided.

Good luck.
x

No, was still at work! Long day.

We are due to exchange at long last today so keep your fingers crossed.

Saying that we were due to exchange 2 weeks ago!

Luck n Karma needed

Mick

PS If it goes througn we will aim to be gone in 3 weeks

Ohhhhh Mick sent ya some karma (think I done it right) keep me posted if it went through today.

Your going in 3 weeks me and Claire have got some serious shopping to do before then

Where you gunna stay when you get there? Im so excited for you guys, youve waited long enough now go enjoy yaselves

Hi Tiddlypom,

We are in Victoria Street off Tring Road near little tescos. Whereabouts are you now.

Hi Yanchep
We are also thinking off renting out our house but when i've looked into it, it sounds a bit complicated. Where do you start And what do you do about someone looking after the house when your in oz. Then there's the tax you have to pay. I don't know what to do could you help please

Hi, Sorry to butt in. We have had lots of different agents round to look at renting our house out. Where to start...get an agent to come and value how much you can get for your rent (most important thing)..The agents do different services i.e they could just find you tennants for a one off fee or for a monthly % they will find tennants/manage property,regular checks etc. We have decided to go for the full service and let them manage our property. They will contact you via email should they need too.
How the tax thing, im still a bit unsure about that, we wont be making any profit from our rental income so not sure iof that affects us. If you need anymore help, PM me and il have a look through our documents from the agents.

Thanx Sonn i will pm you if you don't mind

Hi Ronnie and Debs,

As stated above. Getting a good agent is the most important thing.

Im no expert at this, never done it before but this is what I have done so far.

Went to mortgage advisor and he swapped our mortgage for a interest only mortgage (which saves us around £120 per month). Went to Letting agent who told us for a one off payment of £150 they will sort out a good tenant, fully investigated for good credit etc, then they take 10% off your monthly rental.

The agent we will go with will;
Sort of tenant for place
Do inventory
Send us statement of rent and anything else that we need to know
sort out problems if anything goes wrong etc

As for the tax bit I dont know about that because I havent done it yet. I will be doing that next week, apparently you have to go to tax office and ask if they will offset tax on your rental income, i.e. if your mortgage is £400 and your rental is £600 then you ask them if they will not tax you on the £200 but only tax you on your £400 mortgage (Apparently it is worth asking as some tax offices do and some dont) Will update you on this when Ive done it.

But as I say the secret I think is to get your mortgage down as low as you can and get a really good agent that will deal with everything here.