Lay My Hat

Currently, mortgage interest can be deducted from rentals when calculating taxable profit.

For buy-to-let landlords, this relief will be withdrawn gradually from April 2017.

My understanding is that FHLs will not be affected, but will be able to continue to deduct mortgage interest in full.

Does anyone know whether or not this is so?

Relief for mortgage interest on all investment properties will be restricted to basic rate from April 2017 other than for qualifying furnished holiday lets: https://www.gov.uk/government/news/chan ... -landlords