I'm just trying to get my head around mortgage interest relief differences for first time buyers, and the impact of being married/single.
Using the example of a home bought in 2006, a single person will get 30% relief with a ceiling of 10k. A couple will get 30% relief with a ceiling of 20k.
First off, let's say the homes cost the same amount - why does a couple (with 2 potential incomes) get more relief than a single person with a single income? Surely the single person could be struggling more than the couple?
Secondly, what do changes in circumstances mean - what if you became a couple after purchasing, or split up - does the interest relief ceiling change at that stage?