Knowledge Bank > Property and mortgages > Tax on your main residence
Previous Next

04: Value added tax

VAT is not payable on housing, but it is payable on most building work and materials.Last Updated 

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The precise amount will depend on your circumstances and/or amount of borrowing. We will notify you of any costs before any advice is provided.