Just got in from work and I have received my Mortgage Interest Relief letter from the Gov.
It states that as the mortgage is held by a combination of a FTB and me a non-FTB based on the info available i was not entitled to relief in light of budget announcement....
This is my primary residence, I have no other properties and took out the Mortgage in 2006, haven't switched lender???
I was sure I was entitled ......
The letter states interest relief is payable only for mortgage repayments on:
-a principal private residence for the first seven years of the mortgage
-a loan taken out for a new home [even if not your first home] or a new or top up loan for the purposes of improving an existing home..
I have to ring them tomorrow at this stage but does anyone know/see any reason I would not be entitled to Interest Relief??
tks,