JDO
03-10-2010, 15:52 PM
I am due to remortgage one of my btl properties onto another btl mortgage.
I am remortgaging to release equity so I can use the money towards deposits for more btl property.
I know i can claim the new arrangement fee, solicitor fee etc as legitimate expenses but what about the early repayment charge (£1200) on my existing btl mortgage?
Is this regarded as a legitimate expense as it is 'self inflicted'
Any advice would be appreciated.
regards
John
I am remortgaging to release equity so I can use the money towards deposits for more btl property.
I know i can claim the new arrangement fee, solicitor fee etc as legitimate expenses but what about the early repayment charge (£1200) on my existing btl mortgage?
Is this regarded as a legitimate expense as it is 'self inflicted'
Any advice would be appreciated.
regards
John