Can interest on pre-existing mortgage loan on foreign rental property be tax deductible?

I have a foreign property that I previously lived in as my primary home but I have rented it out. Prior to renting it out, I lived in it and had and still have a mortgage loan that I used to purchase the property for self-use many years ago. My question is: is the interest on this mortgage loan tax deductible from the time I rented out the property? Thank you.

Hi,

For more information, please refer to our Property Income Manual at:

Property Income Manual

Thank you.

Thank you for the reply. However, I have been through the relevant HMRC web pages as well as the topics in this forum, but I have not found a clear answer to my question. Thus, a clearer answer (or a link to the web page directly answering the question) will be very helpful and highly appreciated.

Hi ,
 

Thank you your question.  I can confirm that you can claim relief for the mortgage interest payments from the time you rented out the property. You would need to declare this income on the Foreign pages of your self assessment tax return. The cost of the mortgage payments would be entered at box 24.1 Residential Property Finance Costs  . Thank you .

Thank you so much for the clear and concise reply!