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First Time Buyers

Return: Property Transactions / Selling / Buying / Mortgaging

A First Time Buyer is a person

  • who has not previously, either individually or jointly purchased or built a house in Ireland or abroad and
  • the property is occupied by the purchaser or a person on his behalf, as his/her primary place of residence and
  • no rent, other than rent under the rent-a-room scheme, is derived from the property for five years after the date of the current purchase.


The following are the estimated costs and outlay incurred in purchasing your home:

Valuer's Report
€100 to €250 on average
Surveyor's Report
€100 to €500 on average
Deposit
10% of purchase price
Solicitor's Fee
Dependent on nature on transaction
Judgement Searches
€100 to €250
Planning Searches
€120

Stamp Duty

First Time Buyers are exempt from Stamp Duty.

 

Land Registry Fees

Value of Property
Fee
€1 - €13,000
€125
€13,001 - €26,000
€190
€26,001 - €50,000
€250
€50,001 - €255,000
€375
€255,001 - €385,000
€500
€385,001 upwards
€625

 

PROPERTY TRANSACTIONS / Selling / Buying / Mortgaging

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