Episode 166: 101% tax - Section 24 in action

Stuart and Simon are using the very real situation one of their BTL properties is in - to illustrate the dangers of rising mortgage interest rates combining with Section 24 tax. Join our email newsletter (http://eepurl.com/icl-1f) for extra, exclusive resources. The chat this week includes: * The very real impact of higher mortgage rates and Section 24 combining... * Simon's figures: https://docs.google.com/spreadsheets/d/1-Hd6Ooom9jfIVUEtacsgxSQ9PSDwT5fGOBAaQXcYBME/edit?usp=sharing * Over 50% tax rate * 101% tax rate! * Stuart's "interesting" commercial property financing. * Driving landlords out of the (BTL) market. * Will things shift enough to really help many new buyers? * Find us on Twitter (https://twitter.com/BizOfProperty), YouTube (https://www.youtube.com/channel/UCRfrbvIJfodFK8tikisCjVw) or LinkedIn: Stuart (https://www.linkedin.com/in/stuartlordan/), Simon (https://www.linkedin.com/in/simonpither/). Subscribe to The Business of Property podcast on Spotify (https://open.spotify.com/show/73chI0Nqi9eRFUM7tkHc6r), iTunes (https://podcasts.apple.com/gb/podcast/the-business-of-property/id1495635728), and all podcast platforms (https://www.thebusinessofproperty.com/subscribe). Join our email newsletter (http://eepurl.com/icl-1f) for extra, exclusive resources. Please leave us a rating and review if you're enjoying the show. This podcast is produced in association with PaTMa (https://www.patma.co.uk/), the leading application for self managing landlords who want to save time and stay compliant. Easily track properties, tenancies, tenants, repairs, rent, mortgage payments and safety certificates. Get your FREE account today (https://www.patma.co.uk/).