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Buy to let mortgage

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Hi

I am considering remortgaging my existing property which is currently mortgage free to enable me to buy a second property which I would then rent out. My question is can I set my mortgage payment costs against tax?

Thanks

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  • antrobus
    antrobus Posts: 17,386 Forumite
    Northboy wrote: »
    Hi

    I am considering remortgaging my existing property which is currently mortgage free to enable me to buy a second property which I would then rent out. My question is can I set my mortgage payment costs against tax?

    Thanks

    Yes.

    (But only the interest part of the mortgage payment)
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