How did that happen in your case?but the loss of TRS this year
Mortgage Interest Relief: [FONT=Myriad Pro,Myriad Pro][FONT=Myriad Pro,Myriad Pro]We will increase mortgage interest relief to 30% for First Time Buyers in 2004-08 (from the current sliding scale of 20% to 25% depending on the year the mortgage was taken out), financed in part by bringing forward the abolition of relief for new buyers from June 2011. [/FONT][/FONT]
"Fine Gael has today pledged to increase mortgage interest relief for people in negative equity to help them save up to €166 a month."
[broken link removed]
This has been completely forgotten and is no longer even mentioned as a possibility. Could some savings be made on Rent Relief etc. and people (like me) who overpaid for their homes get some relief.
There's no need for comments about personal responsibility blah blah blah....... I love my house and I am paying less each month that what I agreed to when I took out my mortgage.
However, not everyone is as lucky and I think that the above step could help raise the confidence and spending power of the country - which is at the root of the longevity of our problems.
"Fine Gael has today pledged to increase mortgage interest relief for people in negative equity to help them save up to €166 a month."
[broken link removed]
This has been completely forgotten and is no longer even mentioned as a possibility. Could some savings be made on Rent Relief etc. and people (like me) who overpaid for their homes get some relief.
There's no need for comments about personal responsibility blah blah blah....... I love my house and I am paying less each month that what I agreed to when I took out my mortgage.
However, not everyone is as lucky and I think that the above step could help raise the confidence and spending power of the country - which is at the root of the longevity of our problems.
Tell me you don't really believe this....I would love to have owned my own home back in the better times but I held off because of the crazy prices but still had to pay substanial rent. Now you are suggesting that any relief I get on this rent goes to help people who took out these crazy mortages...NOT A CHANCE. Its the responsibility of each and every person to pay off thier debts without looking for handouts.
Tell me you don't really believe this....I would love to have owned my own home back in the better times but I held off because of the crazy prices but still had to pay substanial rent. Now you are suggesting that any relief I get on this rent goes to help people who took out these crazy mortages...NOT A CHANCE. Its the responsibility of each and every person to pay off thier debts without looking for handouts.
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