Claim for Mortgage on tax return?

[jrkl2010]

Hi
I am new to property letting and we let our property on 1st February 2010 - I received a tax return to complete for year April 09-April 2010 so have been told that I need to include expenses and income relating to the property from 1st Feb - 5 April 2010.
However, I just wondered whether I include the mortgage repayments or just the interest paid on it for just those 2 months? Our mortgage repayments are quite high and rental income does not cover it (we still have to pay £300 towards it every month) so we do not make any money from our property!!

I was going to write to my mortgage company for a 'Certificate of Interest' but can I just ask for the 2 months as its not the whole financial year?

I will obviously claim other expenses such a agency fees and insurance for those 2 months.

Also the mortgage is in joint names but rental income is through my name as I pay less tax than my husband - is this ok?
Thanks

[Phlash]

If you just read some of the posts on the front page of the tax section, I think you will be able to answer all your own questions - as I believe I have written responses to each of your queries only recently. (It's etiquette really, as you're asking people to spend their own time helping you, without seemingly try to help yourself first).

Frankly, the answer to the mortgage question is plastered all over the internet - you cannot miss it using google.

You need to think about how the property is owned to work out how you should share any profits.

[jrkl2010]

I didn't mean to offend - I am new to this forum too (I have never posted a thread on it before today!) so did have a search on it before I posted the thread but couldn't find the exact answer I was looking for! Sorry but there was no need to be rude!!
But thanks for the reply.

[Phlash]

There was nothing rude about it.

I just pointed out you were being a bit lazy, and pointed out why, so that it wasn't an unwarranted remark.

I then gave you the answer to your first query should you not find it on here - since searching and reading up on mortgage interest deductibility against income tax is quite easy.

Secondly, I pretty much answered your second query.

The words 'just' and 'frankly' are not rude, mere groans of impatience with posters who have clearly sought the forum as a first point of call on topics very well covered all over the internet.

[Telometer]

What date did you acquire the property, and to what use did you put it prior to first renting it out?

[Phlash]

What date did you acquire the property, and to what use did you put it prior to first renting it out?

Key question that.