Ask an Expert
Ask an Expert Tax Implications?

Tax Implications?

Q: Hello, I’ve got an interesting question. I currently owe approx £100,000 on my mortgage of the flat I live in. But the wife and I are looking to move into a house in a different area and let out this flat. Now then, my mum has agreed to lend me £100,000 t

A:

Thanks for your query. It’s a good question and difficult to know the best tax treatment. We would advise that you consult a qualified accountant for this and can refer you to several good firms. Just give us a call on 020 7519 4900 and we would be happy to assist.

These questions are for information purposes only and do not contain all the details you need to choose a mortgage, ask one of our advisers for a personalised key facts illustration
Return to the Questions archive

Latest Articles/News

Case Studies

Unusual properties can capture the imagination and provide incredible homes…

Latest/Related News

It could hardly be a shock to anyone today that the Bank of England chose t…

Press Release

On Friday 14th June 2019, largemortgageloans.com was thrilled to be crowned…

Press Coverage

Equity Release “gives people choice”…

LML Brochure

Download our brochure to find out more about largemortgageloans.com and what we can offer

Click to Download

Sign Up

Subscribe now, to hear from us on the latest mortgage market news, products and services.

Client Testimonials

Close

Live chat with
our team now

Chat

LargeMortgageLoans.com