Shared Ownership - Mortgage Int Relief & Rent Relief?

Babycakes

Registered User
Messages
26
Hi all,
My friend has recently been approved for a House under the SOS.
She owns 40%, and rents 60% from them. My question is:

  • Can she claim Mortage Int Relief on her 40% (like a normal mortgage?)
  • Can she also apply for her Rent Credits as she is in affect renting 60% from the council?
Thanks :)
 
Mortgage Interest Relief - yes.
Rent Relief - no. That's only available for renters in the private sector.
 
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