2,000 waiting on mortgage relief

TWO thousand homeowners are still waiting forapproval from Revenue for their mortgage interest relief (MIR) more than six months after the Government announced the changes to the scheme.

A decision to change the MIR entitlement was announced in the supplementary budget in April. However, the day before the decision took effect Revenue said it did not have enough time to determine exactly who remained eligible and said it was temporarily suspending the relief for a massive number of mortgage-holders until their status could be ascertained.

New figures from Revenue show, despite efforts to clear up the situation, 2,000 of the 321,000 homeowners who had the relief suspended still remain without MIR more than six months on.