|
Buy-to-lets are a popular investment and some people are, for example,
retaining their
old house or flat as a buy-to-let when they move to a new home. In many
cases, the
transaction can be structured to obtain tax relief for the interest paid
on some or all of the
additional money borrowed. What is possible will depend on the exact circumstances,
so
we would always advise clients to discuss their options with us before
finalising the
financial arrangements. That said, it is often possible to rearrange existing
mortgages to
increase tax relief for the future, so it is also worth reviewing current
arrangements.
If you feel you may have a problem with this issue and wish to discuss
it call
Stuart Atkinson on 01482 226791
|
