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Pay off buy to let mortgage
bow74
Posts: 58 Forumite
My buy to let fixed rate ends this month, (4.35%)Instead of looking for a new fixed rate I am thinking of paying it off as I have some money in an Isa earning next to nothing.
Am I right, there are no longer any tax benefits to off set in having the mortgage ?
To me I would be better off using the money saved to pay off the mortgage and start saving up again with the monthly rent coming in and not paying the mortgage out.
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