|
|
|
-
If you are buying a property at auction, you need to consult a solicitor BEFORE the auction.
If you are buying a property other than at auction, it is a good idea to make sure that all paperwork with the Estate Agent or Vendor is made "SUBJECT TO CONTRACT", until such time as you have had all the paperwork inspected by your solicitor.
-
For a detailed guide to Stamp Duty, visit the Revenue Website.
For a detailed guide to Land Registry and Registry of Deeds fees, visit the Land Registry Website.
The transaction costs in buying a house can vary hugely. Feel free to Contact Us for a no obligation discussion. Here is a typical example of the costs for the purchase of a second hand house (by a non first time purchaser) at a price of €160,000.00:-
| Solicitors fee (0.75%) | 1,200.00 |
| V.A.T. on professional fee @ 21% | 252.00 |
| Law Searchers fees | 50.00 |
| Land Registry fees (approx.) | 430.00 |
| Stamp Duty on transfer (3%) | 4,800.00 |
| Other outlays | 60.00 |
| TOTAL TRANSACTION COSTS | €6,792.00 |
|