In the Supplementary Budget of 2009, with effect from 1 May 2009, the number of years in respect of which mortgage interest relief (MIR) may be claimed was restricted to 7. The relevant provisions were included in Section 244 of the Taxes Consolidation Act 1997 via Finance Act 2009. With regard to the specific case to which the Deputy refers, the person in question commenced her mortgage in July 2003. As such, the relevant years for which it would appear that she was entitled to MIR were 2003 to 2009 inclusive.
The Deputy will be aware that, following on from a commitment in the programme for Government, the rate of MIR was increased to 30% for those that purchased their first principle private residence between 1 January 2004 and 31 December 2008, the period in which property prices peaked. MIR was also extended to 2017 for those individuals that purchased a principle private residence between 1 January 2004 and 31 December 2012. The relief is no longer available in any respect for principle private residences purchased, for the first time, on or after 1 January 2013.