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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

Phlash
03-10-2010, 18:19 PM
Claim it in full.

But amortise the new arrangement fee.