MIR, great value and low interest rates – first-time buyers have never had it so good

Mortgage Interest Relief (MIR) has been a feature of Irish life for many decades – a grant that we all took for granted and one that had become part of Irish folklore. Now, it’s about to come to an end.

Over the last number of years, the message has been somewhat lacking in clarity with regard to MIR. One year it was ending; the next year, it wasn’t. The coming and going on the issue has left many members of the public with a slightly fuzzy notion of it all, with a lot of people unsure as to whether it was finished or not.