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Renovating Terrace House

I would like to buy a terrace house in reading for 170K spend 15K (kitchen, bathrooms, paint, garden etc) and hopefully sell it for 225K, what capital gains tax would be payable roughly and what is the best way to finance it? i have 20% deposit but I am worried about the early cancellation penalty with mortgages because I plan to flip the property in 3 to 4 Months, is there a better finance deal for this type of venture? any advice would be appreciated. Thanks.

Asked on Dec 5 2014, Home Improvement in Reading | Report content

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