N
nightlynx26
Guest
Hi lads,
I currently own a house with my girlfriend, paying a mortgage with interest tax relief. I was a first time buyer but my girlfriend was not , so we had to pay stamp duty. Thing is, I work in dublin during the week nearly 200 miles away from our house and I am paying a rent alot larger than my share of the mortgage. So I am looking for advice or an alternative plan....
The house is my ppr. If myself and my girlfriend were to buy a second property here in Dublin..
(a) could i transfer my ppr, what benifit would this have
(b) The new house would also have rooms rented but if it was my ppr , this would come under the rent a room tax law.....????
(c) If it was becoming my ppr, could i get a normal mortgage or would it have to be an investment mortgage.???
All this seems very complicated.
All ideas welcome.
I currently own a house with my girlfriend, paying a mortgage with interest tax relief. I was a first time buyer but my girlfriend was not , so we had to pay stamp duty. Thing is, I work in dublin during the week nearly 200 miles away from our house and I am paying a rent alot larger than my share of the mortgage. So I am looking for advice or an alternative plan....
The house is my ppr. If myself and my girlfriend were to buy a second property here in Dublin..
(a) could i transfer my ppr, what benifit would this have
(b) The new house would also have rooms rented but if it was my ppr , this would come under the rent a room tax law.....????
(c) If it was becoming my ppr, could i get a normal mortgage or would it have to be an investment mortgage.???
All this seems very complicated.
All ideas welcome.