Written answers

Thursday, 28 January 2010

5:00 pm

Photo of Róisín ShortallRóisín Shortall (Dublin North West, Labour)
Link to this: Individually | In context

Question 54: To ask the Minister for Finance if his budget day announcement in relation to mortgage interest relief means that a person with a mortgage since 2000 is entitled to claim mortgage interest relief. [4437/10]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
Link to this: Individually | In context

The position is that, as announced in the Budget, I am extending mortgage interest relief up to the end of 2017 for those whose entitlement to relief would end in 2010 or after. This means those who took out qualifying loans from 2004.

I would point out that if an individual has re-mortgaged since 2004 and the re-mortgage was made for the purposes of repair, development or improvement of the individual's principle private residence, then that element would qualify for relief in its own right up to the end of 2017.

However, it would appear that, from the information provided, the individual in question would no longer have an entitlement to mortgage interest relief.

Comments

No comments

Log in or join to post a public comment.