I have read the TRS section over and over on revenue.ie, but I still can't find a clear answer to this question. Hopefully somebody here can:
I took out a mortgage in August 2005. This was for my PPR, but it was not my first PPR.
I had taken out my first mortgage for my PPR at the time in April 1999.
The question is: Do I qualify for Interest relief on my current PPR mortgage (which is not a FTB mortgage) until 2012 or 2017?
Hope you can help ...
Thanks!
Here's a section of the text from the website, but this section doesn't distinguish between FTB and non-FTB mortgages:
I took out a mortgage in August 2005. This was for my PPR, but it was not my first PPR.
I had taken out my first mortgage for my PPR at the time in April 1999.
The question is: Do I qualify for Interest relief on my current PPR mortgage (which is not a FTB mortgage) until 2012 or 2017?
Hope you can help ...
Thanks!
Here's a section of the text from the website, but this section doesn't distinguish between FTB and non-FTB mortgages:
Mortgages taken out from 1st January 2004 to 31st December 2012, subject to qualifying mortgage criteria, are eligible for mortgage interest relief until 31st December 2017 (see rates/ceilings chart).
Mortgages taken out after 31st December 2012 will not qualify for mortgage interest relief.
Mortgages taken out prior to 1st January 2004 are no longer eligible for mortgage interest relief. However, top up loans/equity release loans taken out since 1st January 2004 on these pre-2004 loans may be eligible for mortgage interest relief, provided they adhere to eligibility criteria as listed above.
Mortgages taken out after 31st December 2012 will not qualify for mortgage interest relief.
Mortgages taken out prior to 1st January 2004 are no longer eligible for mortgage interest relief. However, top up loans/equity release loans taken out since 1st January 2004 on these pre-2004 loans may be eligible for mortgage interest relief, provided they adhere to eligibility criteria as listed above.