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Anything better than rental income ?
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Thanks again for all your replies.
I have arranged to reduce the management fees and have just increased the rent to £480 per month.
I do not understand the advantage of remortgaging as I do not wish to purchase further properties, and any interest from investing the remortgaged amount would be less than the loan repayments, I also understand that tax relief on the loan is only allowable on loans used for the rental property.
I think that I would only get about 15 or 20 years loan repayment term as I am 61.0
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