Mortgage Interest Relief

shoes34 · 2015-09-11 10:49:46

a friend who has not got a boards account has a question on Mortgage Interest Relief - they purchased their house in October 2008 and is wondering does the interest relief run out in October 2015? Thanks

11-09-2015 11:49AM

#1

shoes34

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a friend who has not got a boards account has a question on Mortgage Interest Relief - they purchased their house in October 2008 and is wondering does the interest relief run out in October 2015?

Thanks

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#2 11-09-2015 12:51PM

hjr

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According to Citizensinformation:

Mortgage start date and entitlement to relief
Your entitlement to mortgage interest relief depends on the relevant start date, as follows:

If you started paying the mortgage in 2003 or earlier, your entitlement expired in 2009.
For a mortgage taken out between 1 January 2004 and 31 December 2012, your entitlement to relief will continue until the end of 2017.
Mortgages taken out after 31 December 2012 do not qualify for mortgage interest relief.

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