Bernie – that’s well beyond my knowledge! I may expand this post in time with details about tax relief and other topics, but the mortgage FAQ on askyourmoney.com covers that already. Hopefully I can steer people in the right direction when they plan to buy a house. Good luck Adam when you decide to purchase! 🙂

On a related topic, there was some sort of trouble last week about people buying houses off the plan, putting a down-payment on it but selling the house before it was built for a highly inflated price. Through some loop-hole they were able to get away without paying any tax on the sale, something to do with them not “really” owning the house in the first place because it wasn’t built. Does that ring a bell?