ASK257: Is now a good time to move my property into a company? PLUS: Is Huddersfield a good investment area?
The Property Podcast
Rob Bence & Rob Dix
4.8 • 2K Ratings
🗓️ 13 October 2020
⏱️ 6 minutes
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Summary
Transcript
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| 0:00.0 | Hi, I'm Rob, and I'm Rob, and this is Ask Rob and Rob. |
| 0:07.0 | It's Tuesday that means it's Ask Rob and Rob Day. |
| 0:10.0 | Luckily two listeners have done their bit and send us some wonderful property questions and that means that we can do our bit and supply some answers. |
| 0:17.0 | So those coming up in just a sec, but don't just be content with listening to other people's questions, send us one of your own. |
| 0:22.0 | You should know this number by now. But just in case... listening to other people's questions, send us one of your own. |
| 0:22.6 | You should know this number by now, but just in case it's not imprinted on your memory, |
| 0:26.9 | you can call in on 013, 808,000.35, or you can go to Property Hub. |
| 0:33.7 | dot net slash ask and leave us a message via the website. |
| 0:37.9 | That's exactly what Matt has done, |
| 0:39.4 | so let's listen to his question. |
| 0:41.8 | Hi Robin Rob, this is Matt from York. |
| 0:44.0 | Thanks of the much for the great content you've been putting out over the years. |
| 0:47.0 | Been a long time follow-up. |
| 0:49.0 | Just got a question to ask regarding the stamp duty or the current stamp duty. My question is, if I've got some |
| 0:56.5 | houses that are currently under myself as a personal buy-to-let mortgage, would now be a good time to transition these into a corporation |
| 1:08.6 | whilst the stamp duty is going to be its lowest time and if so are there any tips that you could provide on doing that |
| 1:16.3 | thanks for this much and keep up the good work. |
| 1:18.9 | Thank you Matt the answer to that question is yes because stamp duty is temporarily lower it probably does |
| 1:25.0 | make it a good time to move properties across from your own ownership into a |
| 1:28.8 | company compared to before the stamp duty reduction of course we can't say what the situation is going to be in the future. |
| 1:34.7 | So it might be even better than it is now for some reason. |
| 1:36.6 | We don't know, but what we can say is now is better than it was. |
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