ASK415: What can I do about my short lease? PLUS: I'm paying too much tax!
The Property Podcast · Rob Bence and Rob Dix from The Property Hub
February 13, 20248m 11s
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Show Notes
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.
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