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Buying a House ? Bonus Mortgage interest Relief is nearly up !

Ardateggle Killeshin CarlowDid you know that there is a type of Bonus Interest Relief for persons buying houses in Year 2012.   This will end at the end of the year.

There is a very informative article from My Home in regard to this Mortage relief.

InAs many as 42.8% of the first time buyers surveyed by MyHome though said they hoped to buy within the next three months. The reasons for that are quite clear, with the mortgage interest relief extension coming to an end on December 31st. By buying before the end of the year, first time buyers will qualify for generous tax relief up to the end of 2017

First time buyers taking out a loan before the end of 2012 will get mortgage interest relief that could amount to savings at a rate of 25% of €10,000 a year for singles and €20,000 for married couples or those in civil partnership.  Similarly, there is also incentives for non-first time buyers to buy by the end of the year as they could save up to 15% of €3,000 for singles and €6,000 for married couples or those in civil partnerships.

The full article can be read on

http://blogs.myhome.ie/2012/10/12/what-has-the-final-few-months-of-the-year-got-in-store-for-the-property-market/

So now is a good time to buy and to sell, there is a demand for houses in Carlow,  if you wish to sell your house then contact Kehoe Auctioneers for a free valuation 0599131678

 

 

 

on Friday, October 12, 2012 in Mortgages, Residential property

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