Hi Everyone
Could someone please clarify for me the following which I read about and find a little confusing.
If you re-mortgage your outstanding mortgage with another lender, then you can still offset the interest repayments. Is that statement correct because as we all know to our cost that interest is a disallowable expense so how can remortgaging the same property for the same amout but with a new lender be an allowable expense.
Thanks in advance
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