Re:Capital raised on own home used for rental purchase
Thank you for your question.
In this case you need to look at what the purpose of the loan was and not how the actual loan was secured. Due to the fact that the loan was used to buy a rental property then you can claim for any loan interest and any loan arrangement fees that you may have incurred.
As you have stated the tax relief claimed will be under the new finance costs rules that came into effect from 6 April 2017.