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can I reclaim tax at source paid on mortgage interest
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markdirect
Posts: 12 Forumite
in Cutting tax
Hi
I'm looking to remortgage my residential 18 year long interest only mortgage. if i remortgage the property as a buy to let, can I recliam all the tax paid at source previously paid over 18 years previous interest payments.
regards
markdirect
I'm looking to remortgage my residential 18 year long interest only mortgage. if i remortgage the property as a buy to let, can I recliam all the tax paid at source previously paid over 18 years previous interest payments.
regards
markdirect
:shhh: Mwh
0
Comments
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The status of the mortgage has nothing to do with your ability to offset the interest only payment against rental income.
What you propose would be mortgage fraud and tax fraud if you dont actually have a property you rent out.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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