Mortgage Interest Relief/Rental/Tracker

apd

Registered User
Messages
84
Hi

I bought my first and only house in 2005. I was lucky enough to sign up for a tracker. I was away for a while and rented the house out. All very legitimate, PRTB, tax returns etc. except in one aspect - Never informed Bank.

Back over a year but living elsewhere. Never claimed Mortgage Interest Relief.

Fine Gael propose to give 30% MIR up to 10,000 euro interest. Would be worth 250+ euro on mortgage repayments.

Considering moving back into house. So my question is if I apply now for MIR, will bank start inquiries and remove my tracker for having rented out house.

thanks
 
Provided you have in no way altered the terms and conditions or broken your contract they cannot remove your tracker.
 
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