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Urgent Uk tax advice needed

I took a loan of my mortgage however invested with the cash elsewhere to induce higher rate of interest. Looking for UK tax advice. I want to clarify with associate degree example, I took withdrew £60,000 from my mortgage and place this cash in an exceedingly bank account which provides American state third AER whereas my mortgage is zero.98%. currently I even have to pay zero.98% on £60,000 to my bank. Do I pay tax on the difference? that is third less zero.98% or the whole third as a result of I’m paying interest(0.98%) on the loan anyway.Am waiting to get reply from any UK tax advisor .

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