It shouldn't make any difference whether you've got a residential mortgage or not - the BTL is a commercial proposition so should be able to cover its own costs and make enough of a profit to allow for voids and other unexpected costs. If you are both higher rate taxpayers then it would probably be a good idea to put the BTL in joint ...

Provided you aren't including any capital element in your calculation of the mortgage payments you shouldn't ahve to pay any tax on the income. You will need to complete a self assessment tax return though to declare the loss.

The tax question depends on which tax bracket you both fall into at the moment and how much profit you're expecting to make on the BTL property. If one of you is a higher rate tax payer and the other will remain a basic rate taxpayer after allowing for the BTL profit then the best solution taxwise is to put the BTL in the name of the person ...

Best advice if you want to make sure this is legally correct is to go and see a solicitor preferably one who specialises in inheritance and capital taxes. You'll need to register a charge against the property as that will be effectively what you are setting up. The perils of getting something slightly wrong and you ending up with a tax ...

Given the number of hotels in Florida I'm sure they could find you a comparable hotel in the same area and if they can then I suspect they might refuse return of the deposit on the grounds that you're being unreasonable particularly as (to the impartial observer) there is nothing special or distinctive about Ramada Inns. You might even end ...

I've been using Quicken for years but am thinking of moving to moneydance which is downloadable from the web. Its had good reviews and I think you can try it for free for 30 days. If you want something pretty simple (ie. not tracking investment portfolios or alot of accounts) then an excel spreadsheet may well be enough.

The Coop will need the info to transfer your DDs. Your account withe RBS will still be open until you ask teh RBS to close it so no need to worry. Make sure you read the Coop form carefully to make sure you don't tick any option to ask them to close the RBS one.

The main benefit of ISAs is that they pay interest (assuming you are talking about cash ISAs) without tax being withheld so unless you are both non tax payers there should be some advantage to having one.

I can't compare the two directly but can say that there is a world of difference between BBC and BBC HD (but then I like documentaries). What I would suggest is going down to your local hi fi store and listening to and watching a decent blu ray system and then going down to currys and watching sky HD (or the other way round). To get the best ...

No they have to be individual names as it is only yourselves as individuals that have tax status. Split the money in half and have one each.