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Do they consider tax credits? Deposit for second home?

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  • csgohan4
    csgohan4 Posts: 10,607 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Its a strange country where somone is judged to be poor enough to be in need of benefits and receive taxpayers money through Tax credits etc but are wealthy enough to buy property to rent out on a BTL mortgage..........



    Well the OP isn't renting out the property, they want to sell their main home to get another one. OP never mentioned about BTL or renting.
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • leveller2911
    leveller2911 Posts: 8,061 Forumite
    edited 26 January 2016 at 10:01PM
    csgohan4 wrote: »
    Well the OP isn't renting out the property, they want to sell their main home to get another one. OP never mentioned about BTL or renting.


    My post #11 wasn't referring to the OP it was in reply to Isabelle 1903 post #9 and not the OP. Did you not notice I quoted Isabelle1903?.

    May be an idea for the OP to edit their title which says buying a "second" home. Most people see a 2nd home as an addition to the main residence.
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