Quote Originally Posted by Win2Win View Post
Does that include deductions for all mortgage repayments, minus the 60K, and taxes, especially if you sell it?

Some people can make money on property, but it all depends on the market (think of the people who had to sell in 09/10 and made a loss). It has been shown that whether people get a mortgage, or rent and invest, it basically averages out over the long term. However, renting is less stressful.
Nope, you're right. £20K in mortgage payments over the last 5 years, so £80K in total and you don't pay tax on your main residence if you sell