Councils using ‘Intelligence’ to track down low EPC properties and fine £5,00015:08 PM, 29th March 2021
About 2 weeks ago 36
My question is would it be better to release equity from your rental portfolio whenever the opportunity may arise or to leave it where it is?
If it is the latter then I guess there is a real risk that should the market crash, then there goes your equity as well. If I release equity then I can decide to invest at some point in the future or just buy a car (only joking about the car!)
Presumably you would not be hit with CGT as you would still own the property, no income tax payable and high borrowing would maybe reduce your inheritance tax when the inevitable happens?!
I have heard of the ‘Tender Trap’ and wonder whether this is a consideration also?
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