Welcome to another Ask Rob & Rob - that time of the week where you send in your property investment questions and the Robs give you the answers.
First up we have Adam from London. He already has a 2-bedroom buy to let investment property in Cheltenham which is performing well.
He’s looking at purchasing a second buy to let property and wants to know if the current loophole on the restriction of mortgage interest relief for limited companies is likely to close any time soon.
Naturally Adam doesn’t want to go through the trouble of setting up a limited company if this property loophole is likely to get closed - so what do Rob & Rob think?
Should he save himself the hassle of registering a business and make his buy to let property purchase personally? And is it actually a loophole Adam is referring to? Rob D has some interesting thoughts on this.
Listen to the podcast to hear more or click here for information about Property Hub Tax and join the priority list.
Second up we have Danny from Portsmouth who wants to know if gaining planning permission will increase the value of his investment property.
Danny has recently purchased a corner plot and has a plan A and plan B. Should he put a dwelling on the end or change it to a 4-bedroom house, adding two bedrooms via an extension? He wants to know if there’s a tool to show you what you could increase values by if he was to sell his investment property with agreed planning permission.
Now, Rob B has some top notch advice here, utilising his wealth of property development knowledge. Make sure you jot some notes down for this one as it’s a great question and the answer isn’t quite as straightforward as you may think.
Enjoy this week’s Rob & Rob.
Do you have a property or property investment related question for Rob & Rob? If you’d like to feature on the next episode, give us a call on 013 808 00035 and leave a message with your name and question (normal UK call rates apply).
Or if you prefer, click here to leave a recording via your computer instead.
The next question on Ask Rob & Rob could be yours.
Have you joined us over in The Property Hub Forum yet? If you love property chit chat, this is the place for you. Our online community are a friendly bunch, keen to share their knowledge and experience. So get yourself over and introduce yourself.
ASK406: Is capital growth better in London? PLUS: Does my plan avoid Capital Gains Tax?
TPP556: Can you still trust the 18-year property cycle?
ASK405: Is this developer scamming me? PLUS: What's an Interest Cover Ratio?
TPP555: Are landlords quitting? Should you join them?
ASK404: ASK: Do "no deposit" schemes work? PLUS: Where to buy in Manchester?
TPP554: What has inflation done to your property investments?
ASK403: What should I do with £350k? PLUS: Is this transaction risky?
TPP553: Property strategies that don’t work [and some that are struggling]
ASK402: Is this the best of both worlds? PLUS: Should I rent out my home?
TPP552: October Market Update
ASK401: How do I find growth areas? PLUS: What software do you use?
TPP551: How the rich and famous invest (and you can copy)
ASK400: Time for a new strategy? PLUS: Do I need a special mortgage?
TPP550: Is now the time to invest in London?
ASK399: Should I sell one to pay down the other? PLUS: What can I do with £20k?
TPP549: Property vs shares, lettings secrets, and Bitcoin
ASK398: When will mortgages get better? PLUS: Limited Company or not?
TPP548: September Market Update
ASK397: HMO or buy-to-let? PLUS: How do I say no to certain pets?
TPP547: 3 strategies to bag yourself a deal in a difficult market
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast