Eligible mortgage holders await relief

Thousands of mortgage holders still haven’t received their full mortgage interest relief entitlements announced in last year’s budget due to a computer glitch.

Finance Minister Michael Noonan announced the 30% interest relief scheme last December for people who bought their first home between 2004 and 2008.

The scheme is estimated to be worth on average €2,000 a year to over 270,000 eligible mortgage holders.