ASK450: Should I over-pay my mortgage? PLUS: Did the government just find £16 billion?
Update: 2024-10-15
Description
It’s time for Ask Rob & Rob! We’ve two new property questions to tackle - let’s dive in!
- (0:50 ) After completing his first property through a limited company, Louie’s looking at ways to boost profitability and wonders if making overpayments on his interest-only mortgage could be a smart move. He thinks by reducing his monthly interest it might increase his profits and asks Rob & Rob for their thoughts on this strategy.
- (3:25 ) Prithvi’s curious about a recent comment from Rachel Reeves regarding a disconnect between government debt and the Bank of England. He believes this could create £16 billion of new spending, and wonders if Rob & Rob think this could impact the 18-year property cycle and a medium-term boost to the property market.
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