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Buy to let mortgage

edited 30 November -1 at 1:00AM in Mortgages & Endowments
1 reply 673 views
NorthboyNorthboy Forumite
1 posts
edited 30 November -1 at 1:00AM in Mortgages & Endowments
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

Replies

  • antrobusantrobus Forumite
    17.4K posts
    ✭✭✭✭✭
    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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