Hi,
I normally receive €166 per month mortgage interest relief and this has been reduced to €133 and am querying the rationale for this ammendment.
Morgtage Details:
First Time Buyer as at Dec 2006
Bank of Ireland: Intersest rate: 4.25% fixed for three years.
2007 : monthly instalment - €896.54. monthy interest relief €166.
2008: monthly instalment- €949.28 . monthly interest relief: €133
I would have presumed that the interest relief on the mortgage would have remained the same.
Many thanks for any assistance with this query
Tangerine
I normally receive €166 per month mortgage interest relief and this has been reduced to €133 and am querying the rationale for this ammendment.
Morgtage Details:
First Time Buyer as at Dec 2006
Bank of Ireland: Intersest rate: 4.25% fixed for three years.
2007 : monthly instalment - €896.54. monthy interest relief €166.
2008: monthly instalment- €949.28 . monthly interest relief: €133
I would have presumed that the interest relief on the mortgage would have remained the same.
Many thanks for any assistance with this query
Tangerine
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