Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@.

    • BTL Me
    • By BTL Me 12th Mar 17, 9:10 PM
    • 1Posts
    • 0Thanks
    BTL Me
    Mortgage Interest Relief
    • #1
    • 12th Mar 17, 9:10 PM
    Mortgage Interest Relief 12th Mar 17 at 9:10 PM
    I've released equity from my home to finance the deposit on a buy to let.

    Can I claim mortgage interest tax relief on the 2nd loan on my principal residence (which was used to purchase the BTL) in the same way that I can claim mortgage interest relief on the buy to let mortgage?
Page 1
    • silvercar
    • By silvercar 12th Mar 17, 9:14 PM
    • 35,891 Posts
    • 151,116 Thanks
    • #2
    • 12th Mar 17, 9:14 PM
    • #2
    • 12th Mar 17, 9:14 PM
    Yes you can. The maximum allowed is the value of the property when first let. It doesn't matter whether it is secured on that property, another property or not secured at all.

    The rules are changing over the next few years, restricting the amount you can claim, but the principal still holds.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

111Posts Today

2,228Users online

Martin's Twitter
  • RT @iiSteveJonesii: @MartinSLewis After watching you talk this morning about me burning £300 I got on a comparison site tonight & sure enou?

  • In or near York? This Wed the @itvmlshow Roadshow" will be at the York Food & Drink Festival - do come and say hi; St Sampsons Square 11-4.

  • It's the subtle poetry and lyricism of tweets like this that I find so endearing

  • Follow Martin