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equity
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valeriehall
Posts: 1 Newbie
in Loans
does any one know if you can claim interest paid in the equity you have taken out on house
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Comments
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Who are you claiming off?
You don't pay interest on the equity in your property, only on how much you borrowed.
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Equity is your own money, so you would need to pay yourself the interest you feel you deserve.valeriehall said:does any one know if you can claim interest paid in the equity you have taken out on house
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I'm suspecting this is some kind shared ownership property and the OP is seeing no immediate return on what they have put into it.
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