Yes - owner occupier mortgage interest relief is granted at source so (assuming that you have applied for it and it has been granted - and you keep things up to date) your lender will deduct the relief from the interest part of your monthly repayment. You need to check your mortgage statements to make sure that it's all in order.so does that mean that I wont see the money as such, but it comes off the interst paid each month?
so you will actually pay€ 1106.00 that is, 1239€ less 133€ which Revenue will contribute..
As you will only begin paying your mortgage in February, your full year's relief of 20% of €4000 (single person) or €8000 (couple) will be spread over 11 months...
The account you are talking about, is that my mortgage account with the bank I borrowed the money from or my current account with my own bank?
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