ASK446: Does this certificate mean I can't sell my flat? PLUS: My property is losing money, what can I do?

The Property Podcast

Sep 17 2024 • 8 mins

From property dilemmas to investment insights, it’s time for this week’s Ask Rob & Rob!  (0:40) Mark finds himself in a challenging dilemma with his rental property in London, where he used to live. Unaware of Section 24 when initially letting out the property, he's now paying a hefty tax bill each year. He's wondering if there's a way around this or if selling the property is his best option. What advice will Rob & Rob have for him?  (5:20) After receiving the Deed of Certificate for his leasehold flat, James has discovered that because he owns multiple properties, it’s now classified as a non-qualified lease. He’s worried this could affect the flat’s value and mortgage options, so turns to Rob & Rob for their 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.  Find out more about Property Hub Invest