Updating post from Reddit.

2
QUESTION
Posted by Craig88cb 2 weeks ago
Are remortgage fees fully tax deductible?

Hmrc guidance seems to say yes but I’ve come across a number of articles from tax companies saying broker/legal fees are fixed at 20% relief similar to the interest element. This would be a btl remortgage as a sole trader.

3
2
Posted by StunningAppeal1274 2 weeks ago

It changed recently. Mortgage arrangement fees fall into the 20% category now.

Reply
2
Posted by RagerRambo 2 weeks ago

If in doubt, punish the small landlord - every government since 2000

Reply
1
Posted by phpadam 2 weeks ago

> fees are fixed at 20% relief similar to the interest element

That is my understanding, unless of-course you own the property in a LTD Company SPV.

Reply