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  1. HantsSeagull

    [Finance] Buy to Lets

    they did away with your ability to claim 40% relief on the interest costs over a period of years if you were higher rate payer
  2. HantsSeagull

    [Finance] Buy to Lets

    also when the current mortgage deal finishes he will have to change it to a buy to let mortgage, which wont be as cheap.
  3. HantsSeagull

    [Finance] Buy to Lets

    just need to be wary that he can only offset the interest payments (rather the capital repayments) against the rental income and then only at 20% and so it might not wash its face as much he hopes. any half decent accountant should be able to advise. but i use cardens.

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