We have another two cracking property questions this week on Ask Rob & Rob.
The first comes from PJ who wants to know about the ripple effect of northern cities. With property prices in the South East still way below their 2007 figures, PJ wants to know when the likes of Newcastle and Middlesbrough will see any capital growth after the mid-cycle wobble.
As you know, Rob & Rob have form for accurate property predictions, so how do they think these areas will play out. Will they see capital growth or are they not worth bothering with? Is there a trick PJ is missing out on with a location that Rob B is keeping a very close eye on?
Is growth on the horizon or is it just too early to tell?
The second question comes from Pete who’s a fairly new listener but has been loving the property podcasts so far (thanks Pete!).
He has four investment properties in his property portfolio. He owns two outright and the other two have 50% mortgages against them – plenty of equity.
Pete is worried about the tax changes for buy to let investment property and is concerned he’ll get taxed twice if he chose to invest via a limited company.
Pete’s question isn’t an unusual one and if anything, highlights the need to have a basic understanding of tax so you can make sure you’re investing in property via a method that’s best suited to your needs.
Luckily, Rob & Rob are clued up on tax and have some general pointers for Pete, so hit the listen button to hear what they have to say.
We also have The Property Hub Tax – a dedicated team who fully understand what property investors want. Tax is complex and it’s never been more important to make sure you get the right advice. Sign up to the priority list today by clicking here.
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