The TRS ( Tax Relief at Source ) on Mortgages
is coming to an end.
Last payment will have already been made to mortgages this month.
There will be no TRS next month.
Be aware people if you were in receipt of TRS the amount you pay each month will now go up to include the amount that the TRS was paying.
The only TRS payment that will be made to mortgages is if there was a shortfall and this will be paid in the rollover in March 2021.
is coming to an end.
Last payment will have already been made to mortgages this month.
There will be no TRS next month.
Be aware people if you were in receipt of TRS the amount you pay each month will now go up to include the amount that the TRS was paying.
The only TRS payment that will be made to mortgages is if there was a shortfall and this will be paid in the rollover in March 2021.