7,000 struggling mortgage holders lose interest relief after failing to keep up payments last year

Nearly 7,000 mortgage holders lost their mortgage interest relief after failing to make payments on their homes last year.

The struggling home owners would have to make three consecutive payments in order to qualify for the tax relief again.

The Revenue Commissioner’s policy of cancelling mortgage interest relief for customers struggling to make their payments has been criticised by Fianna Fáil’s finance spokesperson Micheal McGrath.