My first posting so hopefully I can get some advice.
Inherited house from my grandmother in 2003 valued €127 K spent about €40,000 K renovating for which i got a mortgage (but never claimed mortgage interest relief.)
Got married in 2004 and my wife sold her own house and lived with me.
Mortgage still in my name managhed to pay off by Feb 2007 yipee.
Then decide to trade up and sold house 255K from here on anyone's advice is welcome
Unfortunately got hit for Stamp Duty on new purchase - 25K as wasn't deemed to be a FTB.
Now mortgage is substantially more wish to avail of maximum mortgage interest relief - how?
Am I entitled to claim higher relief as a FTB (this is the First time I've bought a house?)
Having previously had a morgage though didn't claim relief can I now claim the Max 7 years relief.
Can my wife claim balance of 3 years which she didn't use prior to marrying me.
Inherited house from my grandmother in 2003 valued €127 K spent about €40,000 K renovating for which i got a mortgage (but never claimed mortgage interest relief.)
Got married in 2004 and my wife sold her own house and lived with me.
Mortgage still in my name managhed to pay off by Feb 2007 yipee.
Then decide to trade up and sold house 255K from here on anyone's advice is welcome
Unfortunately got hit for Stamp Duty on new purchase - 25K as wasn't deemed to be a FTB.
Now mortgage is substantially more wish to avail of maximum mortgage interest relief - how?
Am I entitled to claim higher relief as a FTB (this is the First time I've bought a house?)
Having previously had a morgage though didn't claim relief can I now claim the Max 7 years relief.
Can my wife claim balance of 3 years which she didn't use prior to marrying me.