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The Property Podcast

ASK38: Double bill! Can you use a mortgage to buy a flip? (and more!)

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 10 May 2016

⏱️ 6 minutes

🧾️ Download transcript

Summary

This week on Ask Rob & Rob, Raj & Ruth asked: Does the stamp duty surcharge apply to limited companies, & can you use a mortgage to buy a flip? Two questions this week in our first ever double bill! To answer Raj’s question: yes,

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Rob, and I'm Rob, and this is Ask Rob and Rob.

0:04.6

Hello, welcome to another episode of Ask Rob and Rob where you ask us interesting questions and we hope to give you interesting answers.

0:17.0

This week we're doubling up for the first time ever.

0:21.0

Hurrah! So we've not got one question, we've got two.

0:24.4

So if you'd like to leave your own question and get involved, it's very, very easy.

0:29.2

Rob, we've mentioned it once or twice, but how do you do it?

0:31.4

Let's read out this phone number again it's

0:33.0

013 808 AAA O35 that's 013808 30035 pick up that phone leave us a

0:41.4

question or if you'd rather record it into your laptop instead,

0:45.8

just go to the Property Hub.

0:47.1

dot net slash podcast.

0:49.4

However you do it, make sure you get those questions in

0:51.5

so we can answer them, just like we did with this one

0:53.6

from Raj.

0:54.6

evening, I'm Rob.

0:56.8

This is Raj Kakatia speaking.

0:59.5

New to Property Podcasts since December, but I listened to quite a few and it's been very useful and you

1:06.2

doing a great job. Thanks very much. My general question is that with the new legislation and the

1:12.4

3% extra stamp duty on second properties if you're

1:15.9

an individual buyer understand that if you bought it in a limited company

1:20.1

would that be that rule still apply. Thank you and I hope to hear your answer, speak to you soon.

1:28.0

Thank you.

...

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