We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
New Buy to Let Question
Jam555s
Posts: 121 Forumite
I have my own house, with a normal mortgage with abbey
i have recently just bought another house via buy to let
is it the case that if i was to remortgage or move house, that my rental income for my buy to let house can be taken as income,
if so to what extent?
please help
i have recently just bought another house via buy to let
is it the case that if i was to remortgage or move house, that my rental income for my buy to let house can be taken as income,
if so to what extent?
please help
0
Comments
-
Probably to the extent that you show a net income on your tax return, so these days with a recent BTL, not a lot of income......if so to what extent?.....A house isn't a home without a cat.
Those are my principles. If you don't like them, I have others.
I have writer's block - I can't begin to tell you about it.
You told me again you preferred handsome men but for me you would make an exception.
It's a recession when your neighbour loses his job; it's a depression when you lose yours.0 -
I have my own house, with a normal mortgage with abbey
i have recently just bought another house via buy to let
is it the case that if i was to remortgage or move house, that my rental income for my buy to let house can be taken as income,
if so to what extent?
please help
The PROFIT from your property rental business probably could. That is, the rental income less mortgage interest, insurance, agents fees, legal fees, repairs etc etc. I imagine you would need to provide audited accounts, like self-employed people do.0 -
I have my own house, with a normal mortgage with abbey
i have recently just bought another house via buy to let
is it the case that if i was to remortgage or move house, that my rental income for my buy to let house can be taken as income,
if so to what extent?
please help
what rental income?dolce vita's stock reply templates
#1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided
#2. This time next year house prices in general will be lower than they are now
#3. Cheap houses are a good thing not a bad thing0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards