Treatement of a currency loss

Treatement of a currency loss

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A client has repaid a mortage on a spanish holiday home - due to the movement in the pound/euro they have paid back in pounds considerablly more than they borrowed .

Apart from learning a lesson in only borrowing in a currency that you earn money or have funds in, is there any thing positive they can take out of this -- claiming a capital loss for instance ?
Ron Coates

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