what's the best plan?

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J
Julia rm
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Hi I was wondering about repayment and interest only mortgages on buy to let's.

Do you go for the interest option? reclaim the payments for tax, put the profit into a high intest account and then wait for 25 years and pay it off if you can

or repayment? but you can only claim the tax of the interest part of the mortgage, then you pay more tax ect

what do you do I don't want to be 65 years old with loads of debt

what's the secret??

Thanks

Julia

04/02/2012 00:00

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