Can mortgage product fee tax-deductible against rental profits?

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    Can mortgage product fee tax-deductible against rental profits?

    Can mortgage product fee tax-deductible against rental profits?

    #2
    yes.according to this hmrc manual .

    https://www.gov.uk/hmrc-internal-man...manual/pim2105

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      #3
      All mortgage fees are subject to the restriction of allowance to the base tax rate.
      They're treated exactly the same as interest.

      Technically the fee should be amortised across the duration of the mortgage, with a balancing adjustment if settled early.
      I do not know anyone who does this.
      When I post, I am expressing an opinion - feel free to disagree, I have been wrong before.
      Please don't act on my suggestions without checking with a grown-up (ideally some kind of expert).

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