Am i still entitled to some mortgage interest relief?

[naomhbooboo]

Hi bit confused about this. We first had a mortgage in 2002 and then sold in 2005. We have not had a mortgage since. We have just gone sale agreed on a new house. My question is are we still entitled to some mortgage interest relief or are our 7 years up? Is the 7 years from the date you first had a mortgage, or does it carry on to a new mortgage if you didnt use up the whole 7 years on your first mortgage. I know this is confusing but if anyone could answer it that would be great.

 

[WinWin]

Unless its changed and i dont think it did, you should still be able to get 3 years relief.
if you search the revenue.ie site i'm sure you will get confirmation.

 

[naomhbooboo]

Hi win win thanks for your answer, but that is what i did think but then stuff on other boards kind of pointed that my entitlement had ran out? Cant find the answer on revenue.ie.

 

[misterchuck]

More or less in same boat myself. Bought in 2005, sold in 2009. Revenue said I had more years left.