TRS change if partner joins mortgage?

Ginger83 · 2009-06-29 04:45:07

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.

29-06-2009 05:45AM

#1

Ginger83

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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.

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#2 29-06-2009 06:18AM

GerardKeating

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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.

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#3 29-06-2009 06:24AM

Ginger83

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

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