Mortgage Interest Relief (Tax Relief at Source - TRS)



A new temporary Mortgage Interest Tax Credit was announced in Budget 2024. For further information, please see Mortgage Interest Tax Credit.

Mortgage Interest Relief is a tax relief on the interest you pay in a tax year on a qualifying mortgage loan.

You can claim Mortgage Interest Relief on interest paid by you on a loan used to purchase, repair, develop or improve the home. You can claim the relief up to 31 December 2020.

You must have taken out a qualifying mortgage loan between 1 January 2004 and 31 December 2012.

Next: What is a qualifying mortgage loan?