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Posted 16 days ago by matt F
Hello. When I originally purchased my Buy to let property I remortgaged my home, increasing the amount borrowed, for the deposit. Does this mean a part of the interest on that mortgage is also tax deductable as a financial cost? Would I need to prove exactly what percentage of the interest covers the deposit ? Thank you.
Posted 12 days ago by HMRC Admin 25 Response
Hi matt F,
Yes. You would need to work out what proportion of the interest applies to the rental property.
Thank you. 

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