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V1448-21 ·18 May 2021 ·consulta-vinculante Medium impact
Tax

Early mortgage repayments may be deductible provided the property remains the main residence

The taxpayer asks whether they can deduct the full amount of an early mortgage repayment in the year they change their residence, and whether the purchase date of the new home affects this. The Directorate General for Taxes (DGT) rules that the amounts paid are deductible as long as the property maintains its status as the taxpayer's main residence.

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Lifecycle

2021-05-18PublishedPublished 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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