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Can I claim interest relief if not on buy to let rate?

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  • 29-06-2023 7:49pm
    #1
    Registered Users Posts: 1,264 ✭✭✭


    Well I'm planning on moving into my Dad's house and renting out my own.

    Im wondering if I don't notify the bank to change to a buy to let rate, can I still deduct mortgage interest rate as a tax deductible expense?

    Post edited by L1011 on


Comments

  • Registered Users Posts: 3,962 ✭✭✭3DataModem


    Yes, of course.



  • Moderators, Business & Finance Moderators, Motoring & Transport Moderators, Society & Culture Moderators Posts: 67,938 Mod ✭✭✭✭L1011


    It would be very inadvisable not to inform your bank of a change in circumstances, and indeed it may be a breach of contract.



This discussion has been closed.
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