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TRS change if partner joins mortgage?

  • 29-06-2009 4:45am
    #1
    Ginger83
    Registered Users, Registered Users 2 Posts: 3,608 ✭✭✭


    Hi, I bought my house 2 years ago. Current payment 975 less trs 173=802 +
    300 overpayment.

    Q.? I just wondered would there be a change in the tax relief on the mortgage if my partner and I went joint mortgage joint owners?

    Thanks.


Comments

  • #2
    GerardKeating
    Registered Users, Registered Users 2 Posts: 7,860 ✭✭✭GerardKeating


    Ginger83 wrote: »
    Hi, I bought my house 2 years ago. Current payment 975 less trs 173=802 +
    300 overpayment.

    Q.? I just wondered would there be a change in the tax relief on the mortgage if my partner and I went joint mortgage joint owners?

    Thanks.

    Yeah, but you might have to pay stamp duty, since you would be selling half the house to her.


  • #3
    Ginger83
    Registered Users, Registered Users 2 Posts: 3,608 ✭✭✭Ginger83


    How does that work?
    I was a 1st time buyer when I bought and she has never owned a property.


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