ASK415: What can I do about my short lease? PLUS: I'm paying too much tax!

ASK415: What can I do about my short lease? PLUS: I'm paying too much tax!

By Rob Bence and Rob Dix from The Property Hub

It’s Tuesday, and it’s Ask Rob & Rob!  (0:42) Gary purchased a flat two years ago with a 65-year lease. The mortgage is due for renewal and has dropped onto a follow-on tracker with an 11% interest rate. Should he renew the lease or hold off for another year?  (4:55) The rental income from Nelly’s latest property investment has taken her into the higher tax bracket. She’s considering transferring the property into a limited company and asks Rob & Rob for their valuable advice.  Enjoy the show?  Leave us a review on Apple Podcasts – it really helps others find us!  Sign up for our free weekly newsletter, Property Pulse  Send us your question by calling us on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply) or click here to leave a recording via your computer instead.  See omnystudio.com/listener for privacy information.
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