Category: United Kingdom

If I borrow money for deposit towards buy to let mortgage, is that interest is also tax rebatable? »

sen asked: I am planning to buy a buy to let property. I am raising money from my residential home to put deposit of 25 percent. I am aware that i can claim tax for the interest on buy to let mortgage. What i want to know is whether i can claim tax on the [...]

If i earn £200 on a buy to let mortgage each month, do i need to pay tax on it ? »

Donald Raymond S asked: What tax releif do i get if i am spending money on the maintainence of the property

Does anyone know a good mortgage calculator? »

roly asked: I need a mortgage calculator which will give you interest paid for each year on a repayment mortage. This (obviously) decreases as it is paid off and is required if the interest is being used to claim back tax. The only ones I ever find just give the monthly repayment amount and total [...]

Income tax on renting home whilst on a mortgage holiday? »

Moosehound asked: Hi, I am looking at renting out my property for a year or two whilst things settle and renting a new property whilst living away. I understand that you pay tax (at 40% as already have a job) on any amount that is deemed profit once you have allowed for mortgage, agents, upkeep [...]

Pension Credit: rent and mortgage problems? »

culintg asked: Hi, this is a bit of a strange one – i and my mother own a property for which she gets help with her part of the mortgage. My fixed rate mortgage is coming to an end, and i am having trouble getting another, decent, mortgage as my mum is over 65! i [...]

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