ChatterBank3 mins ago
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For more on marking an answer as the "Best Answer", please visit our FAQ.As with any property you can sell it within minutes of putting it up for sale if you set a low price and there is someone who makes an offer immediately. But it can take years if you set the price too high.
Is that what you meant? It would help if you went to the trouble of writing a full sentence to make your question clear.
Is that what you meant? It would help if you went to the trouble of writing a full sentence to make your question clear.
You need to read the document which sold the property (ie either a lease or transfer) which will state the period in which all or part of the discount (some are pro-rata'd, some aren't) given by the council is refundable to them.
The most common was 3 years but I've seen ones for 5 and even provisions for a percentage of the increase in value to be paid back to the council for a longer period.
You also need to check whether the council have any say in who you can sell it to.
Did you use a solicitor for the purchase, they should have advised you of this - did they send you any paperwork and a copy of the transfer/lease?
The most common was 3 years but I've seen ones for 5 and even provisions for a percentage of the increase in value to be paid back to the council for a longer period.
You also need to check whether the council have any say in who you can sell it to.
Did you use a solicitor for the purchase, they should have advised you of this - did they send you any paperwork and a copy of the transfer/lease?