Division 1.6.1 Interest paid on mortgage (HY100G)F1

Interest paid on mortgage refers to the total gross amount, before deducting any tax credit or tax allowance, of mortgage interest on the main household residence during the income reference period.

It does not include:

• any other mortgage payments, either interest or principal, made at the same time, such as mortgage protection insurance or home and contents insurance,

• payments on re-mortgages to obtain money for housing purposes (e.g. repairs, renovations or maintenance) or for non-housing purposes,

• re-payments of the principal or capital sum.