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New increase in mortgage interest relief

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  • 19-11-2008 12:02pm
    #1
    Registered Users Posts: 123 ✭✭


    Hi,
    my brother purchased a house in sept 2007, and has recieved intrest relief on his mortage. Is the new interest relief rate from the 2008 budget applied to him automatically or does he need to apply for it.
    sorry if this is a real stupid question.

    Also in terms of yoyos how of a saving could you expect with the new rates on a mortage of €200,000


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