Feb. 13, 2024

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

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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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