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Buy to let mortgage interest query

  • 24-10-2017 5:42pm
    #1
    q85dw7osi4lebg
    Closed Accounts Posts: 3,502 ✭✭✭


    Can someone please confirm to me what % of interest (if any) is deductible from rental income on new BTL mortgages taken out from this date onwards.

    I know previously the rate was 75%, however I now believe this is 80%, but I'm not sure if this is for only existing or also new mortgages.


    Thanks! :)


Comments

  • #2
    exaisle
    Registered Users, Registered Users 2 Posts: 2,675 ✭✭✭exaisle


    Jemma CoolS Tray wrote: »
    Can someone please confirm to me what % of interest (if any) is deductible from rental income on new BTL mortgages taken out from this date onwards.

    I know previously the rate was 75%, however I now believe this is 80%, but I'm not sure if this is for only existing or also new mortgages.


    Thanks! :)

    It's 80% for 2017 increasing every year until 100% is allowable.
    This applies to new and existing mortgages.


  • #3
    q85dw7osi4lebg
    Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    Thanks a mill.


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