Mortgage interest relief is only available on owner occupiers on mortgages used to purchase or improve their PPRs and not on investment mortgages. Perhaps you mean can you write mortgage interest off against rental income?Red said:1.Can I claim mortgage interest relief here on my new borrowings
What happens at he end of the lease depends upon the actual contractual terms. Some renew for a further 9/11 years some on a 3 yearly basis, and some not at all.Greenhorn said:As we're on the verge of investing in leaseback in Nantes, I came across your site through google search. I'm very scared at the prospect of the property having a poor resale value as indicated here. We can't afford to have our capital depreciate, as we're mid-fifties and very modest income. We were intending to do this with a once-off lump sum. Is there anyone with reliable information on what really happens after the initial lease period, which in this case is 9 years?
Mary
RMM said:I saw that someone had asked a question on the company Overseasproperties.com a while ago but I did not see a response. Anyone familiar with them? I recently had a discussion with someone who works with them in relation to a leaseback in Sth of France
rory said:I have just started to look at leaseback propertry in the sth of France and it all seems to be good to be true
I would be grateful for any views AAM have on this , has there been a previous thread , when I did a search I could not find anything