Mortgage Interest Relief

K

KBRINE

Guest
I am looking at renting my house for a year whilst working over seas. I currently recieve mortgage interest relief deducted at source. Can I continue to claim this relief if I am renting my house. Hope this is the right forum.
 
I am looking at renting my house for a year whilst working over seas. I currently recieve mortgage interest relief deducted at source. Can I continue to claim this relief if I am renting my house.

I think that you can only maintain your owner occupier status if you are being seconded by your company to go abroad. If the decision to go abroad is yours then I suspect that you cease being an owner occupier. Once you are no longer an owner occupier then you are no longer entitled to home owner mortgage interest tax relief. If your property becomes a rental property then there are other things to consider also. See for example. Probably best to check with Revenue on this point and maybe get independent, professional confirmation too.
 
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