mortgage relief

[Mar123]

2 months ago, increased our mortgage repayments, and changed from a variable to a tracker mortgage. I would have taught we would have seen an increase aswell, in our mortgae relief refund, but it is still the same. Today went into bank, and queried this, and was told to talk to the tax office. Went to the tax office, and was told the bank should automatically make the new calculations. Does anyone have any ideas how to sort this out.
Thanks in advance.

 

[Nige]

Your mortgage interest relief is capped at the higher of the amount of interest you pay or the limit of the relief (at 8,000 @ 20% for a single FTB) and so, if you are not paying more interest, or you were paying more than the Revenue limit anyway, there will be no change in your mortgage interest relief.