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I found this article....hope it helps!
Since 1 January 2002, tax relief for home mortgage interest (known as TRS) is now given at source. There is no change in the qualifying conditions for mortgage tax relief. Mortgage TRS can be claimed in respect of qualifying loans secured on the deeds of your main residence i.e. a new mortgage, a top up loan, a home improvement loan, a re-mortgage or a consolidation of existing borrowings. The mortgage tax relief element on the mortgage interest is given, by your lender, either in the form of a reduced mortgage payment or a credit to your funding account. It is not necessary to claim mortgage interest relief in the annual tax return, and it no longer appears on your Notice of Tax Credits.
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