We have recently been married. We are living in what was my house. The mortgage is still in my name. She has a house also that she is renting out.
We would like to start paying down the mortgage on 'my' house since we are not getting tax relief (unlike the rental).
Is there any complications (in terms of tax relief etc) in my wife taking what is her money and paying off what can be viewed as my mortgage, or is the fact that we are married make it irrelevant?
We would like to start paying down the mortgage on 'my' house since we are not getting tax relief (unlike the rental).
Is there any complications (in terms of tax relief etc) in my wife taking what is her money and paying off what can be viewed as my mortgage, or is the fact that we are married make it irrelevant?