Granny in the AnnexMake Text Bigger
I am looking to convert my double detached garage into a annex for the purpose of renting for approx £600 PCM, the cost for conversion would be approx £20,000 which I am looking to pay for with savings.
I have a mortgage of approx £100,000 on the main residence. My question is would my best option be to rent the Annex under the rent a room scheme or would I be able to rent the annex & claim back any tax due against the interest which is paid on the mortgage for the main residence?
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