Mortgage Interest Supplement – Cut in Budget 2012

In Budget 2012 – the goverment announced two changes to  Mortgage Interest Supplement .

Firstly – the minimum contribution for the purposes of the Mortgage Interest Supplement is being increased  by €6 to €30 per week for a single person. The minimum contribution payable by couples will be €35 per week  increased by €12 from €23 . (From January 2012)

A  bigger changes is that the payment of Mortgage Interest Supplement will be deferred for 12 months while the person engages with the Mortgage Arrears Resolution Process.

See if you Qualify for Mortgage Interest Supplement