The Property Podcast

Rob D is flying solo on Ask Rob & Rob today whilst Rob B is enjoying his holiday. So this week we’ve got two very interesting questions - and one is on a topic we’ve never covered before. That almost never happens! First up is Marcus: He’s in full time employment and paying into a company pension scheme. He isn’t satisfied with how his pension pot is looking for when he retires so is looking at turning his hand to buy to let property. After doing some research, Marcus found out that he could get 40% tax relief on any extra money he puts into his pension. So is he better off investing in property or putting the extra money into his pension fund? Rob D completely agrees that pension tax relief schemes are fantastic and even better if your company matches your contribution. However, if you’re thinking of retiring early you won’t be able to access this cash, so you’ll need a back up plan. He’s no tax expert so you definitely should speak to the professionals, but have a listen to what else Rob D has to say a