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M2014, yes I believe you can. Once you exchange contracts on a property and pay a deposit, it's sort of yours - that's why people suggest buyers get insurance in place upon settlement. NB. I'm not an accountant.

Yep, you can still claim the cost. I reckon the best time to do it is when the access is easy - tenants can slow things down sometime. If you need to do some stuff to the property later, it can always be added to the Dep schedule. Scott