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 | |
|