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offest mortgage natewst
cobracock1979
Posts: 21 Forumite
Hi,
I am the director of a ltd company and bank with natwest.
I am considering getting a mortgage, can anyone shed any light on getting a mortgage with natwest and linking to my buisness account to offset the interest?
it seems this is only available for partnerships and sole traders?
I am the director of a ltd company and bank with natwest.
I am considering getting a mortgage, can anyone shed any light on getting a mortgage with natwest and linking to my buisness account to offset the interest?
it seems this is only available for partnerships and sole traders?
0
Comments
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That's right...because making a payment from the limited company to yourself would incur a tax liability even if you have every intention of returning it back to the company to pay the tax bill.:footie:
Regular savers earn 6% interest (HSBC, First Direct, M&S) Loans cost 2.9% per year (Nationwide) = FREE money. 0
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