hi,
yea as a married couple you are entitled to a married trs allowance, it doesn't matter who owns the house. contact trs and you'll probably be required to send in a marraige cert and then they'll change the allowance, it is taken directly off the repayments, that's what happened with us and I had bought the house on my own before we married... lucky him on paper but i'm sure like me your worth more than any house.
congrats on you wedding and best of luck.
I am in a similar sort of situation to the OP, but have another question.
I bought my house 7 years ago and have been availing of TRS. I believe this only lasts for 7 years.
I too got married recently, but the mortgage still comes out in my name and out of my account.
Could we be entitled to TRS again now under my wife's name? OR perhaps as a married couple?
As in reply 2 above you can claim married TRS. TRS lasts as long as you pay the mortgage. In the first 7 years you just get a higher ceiling on interest paid. Obviously as long as your spouse remains off the mortgage deed there will be no question of her claiming the increased ceiling.
1) Does my wife's name have to be on the deeds to avail of married TRS allowance?
2) We are considering building a house in the next 3 or 4 years - how will my claiming TRS already and her starting to claim it now affect us in the future? Will it at all? Is there any reason to keep her name out of the system now and introduce her on the new build, which might qualify her as a first time buyer?
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