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V1147-25 ·1 July 2025 ·consulta-vinculante Medium impact
Tax

Right to home ownership deduction maintained if mortgage is cancelled and new loan taken simultaneously

A taxpayer asks whether the right to deduct home investment expenses is preserved when switching banks by cancelling the existing mortgage and taking out a new one at the same time. The DGT confirms that if the operation is carried out simultaneously, the right is preserved and associated costs are deductible.

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2025-07-01PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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