If I remortgage for a business start up do I lose the mortgage interest relief on my current mortgage amount or just on the equity released? Or do I lose it at all?
Assume its the principal private residence .. the portion in respect of '..purchase, repair, development..' of principal residence continues to qualify for home loan interest under TRS.
This separate loan - which is what many lenders do - be careful not to claim TRS, but the interest may qualify as a business expense, ask your accountant.