I have a buy to let mortgage on an investment property. It is an interest only tracker mortgage and it is costing 890 a month.
I know I can claim the interest 100% against my expenses. I was wondering what is the net value of the interest amount in cash terms? I am thinking of repaying some of the mortgage as I have savings on deposit that is earning little interest.
I know I can claim the interest 100% against my expenses. I was wondering what is the net value of the interest amount in cash terms? I am thinking of repaying some of the mortgage as I have savings on deposit that is earning little interest.