Councils using ‘Intelligence’ to track down low EPC properties and fine £5,00015:08 PM, 29th March 2021
About 2 weeks ago 36
I have 5 rental properties all with BTL mortgages. The properties are in my sole name, as are the mortgages.
The income from the 5 properties is circa £10,000 net of allowable expenses. As a 40% taxpayer this is quite a hit but, I married in 2014 and my wife has taken early retirement with no income.
Obviously we need to make the most of her Tax Allowance, but I’m not sure of the best at forward. I am aware I can transfer the houses and mortgages into joint ownership with associated costs for each house, and then split the Tax bill.
Would this be the best solution?
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