Finance Cost Relief Explained
When it comes to Buy-to-Let (BTL) property ownership, how you structure your portfolio can have a major impact on the tax you pay. Since changes to mortgage interest relief rules, many landlords have found themselves facing higher tax bills when holding property in their own name. One alternative that has grown in popularity is owning BTL properties through a limited company.
Below, we compare the key differences in finance cost relief between personal ownership and limited company ownership, highlighting the tax implications, pros, and cons of each.
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Gary Howe
Qualified and experienced Mortgage Broker and Principle of IMDNE with over 30 years experience looking after retail mortgage customers. Authorised and Regulated by the Financial Conduct Authority (FCA Ref 301727) and a member of the Association of Mortgage Intermediaries (AMI).