[tangsiyi]

Passed with 94%, thank you so much OpenTuition!

[tangsiyi]

Passed with 96%, Thank you TX OpenTuition!!!

Let’s do our best together!

[tangsiyi]

Yes! actually the question is from ACCA website, It’s in the technical articles Finance Act 2021 examples 36.

However I saw in other similar questions in BPP exam kit the answers have deducted the value of interest only mortgage from the value of residence.

Anyway thanks for your reply!

[tangsiyi]

thank you for your kindly reply.
But I still don’t understand as I found in the study note page 132 “If a property held in the estate is mortgaged, the mortgage will reduce the property value if it is a repayment
or interest only mortgage”.

Please give a more clear explanation. Thank you so much.

[Author]

Posts