HMRC confusion – Is BTL a commercial mortgage?Make Text Bigger
I have just been on the HMRC webinar for Income from property and they have said that commercial mortgages will be exempt from interest relief changes that are getting phased in from 2017-2018 tax year.
Is a BTL mortgage classed as a commercial mortgage? as I was under the impression that they are not regulated under the FCA.
I asked the question in the chat box and was told to refer to my lender.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.