T
t92010
Guest
Hi Folks,
I bought an apartment with my friend a couple of years ago. I claimed the mortgage tax relief as I was paying the mortgage out of my account. I only applied in my name. But as her name was on the mortgage too, I think now that I was getting relief for both of us. I only notice as the relief amount went down by approx 40 from 230 to 180 and when I queried it the bank said it was due to the first time buyers period expiring for my friend.
But my friend has moved to the UK. Does this mean I have been getting too much relief and possibly owe the money back to the revenue?
Bit confused - any help appreciated.
Thanks
I bought an apartment with my friend a couple of years ago. I claimed the mortgage tax relief as I was paying the mortgage out of my account. I only applied in my name. But as her name was on the mortgage too, I think now that I was getting relief for both of us. I only notice as the relief amount went down by approx 40 from 230 to 180 and when I queried it the bank said it was due to the first time buyers period expiring for my friend.
But my friend has moved to the UK. Does this mean I have been getting too much relief and possibly owe the money back to the revenue?
Bit confused - any help appreciated.
Thanks