Allowable Expenses - Cancelled Purcahse
Other

MattOwl79

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5 Posts

3 years ago

During the purchase of a new property I have incurred several expenses. I am pulling out of the sale due to issues with getting insurance due to flood risk and other issues that have become apparent after the initial price was agreed.

When I cancel I will have paid the following:
Local Searches
50% of conveyancing fee
mortgage valuation
arrangement fee - mortgage advisor.

As I won't have purchased the property are any of these fees tax deductible against my current portfolio.

Thanks

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Allowable Expenses - Cancelled PurcahseOther

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Allowable Expenses - Cancelled Purcahse
Other