offsetting early repayment charges against tax

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  • offsetting early repayment charges against tax

    I'm new to the site so go easy on me !
    I am locked in to a high interest rate mortgage and want to pay back a chunk of it but will incur early repayment charges from the bank. Can I offset this charge against rental income in the same way as I could for the mortgage interest?

  • #2
    Yes yes yes yes


    • #3
      For your reference.
      Regards Peter


      • #4
        Thanks Pete


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