Tax relief on re-mortgage of primary residence

[cd31]

Hi,
I am purchasing an investment property in Croatia, and partly financing it through releasing some equity in my own home.

Can I count these mortgage payments as an expense to offset against rental income generated by the property, or is there any other way I can claim tax-relief on these mortgage payments ?

 

[Ham Slicer]

Can I count these mortgage payments as an expense to offset against rental income generated by the property

Yes.

You obviously can't claim TRS on this part of your mortgage so make sure you're not

 

[oilean buyingtolet]

Have you checked out the tax implications of renting a property in Croatia

Stu

 

[Sport]

Let me get this right HamSlicer.........Suppose I purchase an investment property abroad. Say I partially fund this property with an equity release from my PPR and partially fund it with a mortgage in the country of purchase..... I can offset both the intrest paid on my mortgage AND the interest paid on my equity release amount against tax??

Thanks in advance