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Mortgage Enquiry Form

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How Much Can I Borrow ?

10th June, 2008
Bradford & Bingley £8 Million Losses

7th June, 2008
Bradford & Bingley Raise Interest Rates

5th June, 2008
Scotland Doing Better

  TAX BREAKS

Although you will pay tax on the rental income, this is only charged after allowable expenses. Things that qualify are;

  • The interest costs on mortgage payments
  • Letting agent fees
  • Professional advisory costs incurred after you have bought a property
  • Rental Insurance
  • Maintenance costs
  • 10% of rental income to cover depreciation of furnishings

For more information on the tax implications, contact your local tax office. They will let you have a copy of booklet IR 150, “Taxation of Rents: A guide to Property Income.”

Mortgage Enquiry Form

Remortgage Enquiry Form

 

 

Our Mortgage Enquiry/Quote Service is free to use and there is no obligation, so just fill out the form and we'll do the rest.

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