The Property Podcast

ASK472: Will we have a recession next year? PLUS: Do I have to pay CGT on this sale?

Apr 15, 2025
In this edition, the hosts tackle concerns about a looming recession and its impact on the housing market. They highlight potential opportunities in property investment during economic downturns and stress the importance of long-term strategies. Additionally, they delve into capital gains tax implications for those selling mixed-use properties, emphasizing the need for personalized tax advice. A blend of expert insights and practical advice makes for an engaging discussion!
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ADVICE

Long-Term Property Investment

  • Relax and take a long-term perspective on property investment, even if a recession occurs.
  • Recessions offer opportunities for better deals, while strong markets benefit existing portfolios.
INSIGHT

UK Property Market Dynamics

  • The UK property market hasn't experienced a boom, making a crash less likely.
  • A "silent property crash" (rebalancing) has already occurred.
ADVICE

Capital Gains Tax Advice

  • Understand capital gains tax implications when selling a property previously used as both a residence and a rental.
  • Consult a tax advisor for personalized guidance based on specific circumstances like deemed occupation.
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