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Finance Costs - Tax

A client has remortgaged his home to buy second home & is letting his former home - tax treatment

I have a client who has re-mortgaged his former home to enable him to buy a new property. He is letting his former home and wishes to claim interest relief on the loan.  I am not sure that this is possible but would be grateful for advice.

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10th Aug 2018 18:49

All wrote:

I am not sure that this is possible but would be grateful for advice.

What makes you think that? Where are you researching?

It's an often covered topic if you have a search of the site.

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11th Aug 2018 14:21

It's what you use the money for that's important.

Not what it's secured on.

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