ASK450: Should I over-pay my mortgage? PLUS: Did the government just find £16 billion?

The Property Podcast

15-10-2024 • 6 mins

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.  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