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

Update: 2024-09-17

Description

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.

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