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Caleb
Guest
I know that I don't qualify as a first time buyer with respect to stamp duty, because I already own a property abroad. But do I qualify for first time buyer's mortgage relief, because it is my first property in Ireland?
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liteweight
Registered User
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I'm open to correction but as FTB mortgage interest relief runs for 7 years, I think it depends on when you bought your first property.
maggiemay07
Registered User
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does this also apply if you were living abroad and bought?
returning to Ireland from UK, property sold and hope to get a mortgage in about a yr.
Would I be a first time buyer?
I'm not so sure about this - I think the TRS issue is very different from the stamp duty question, and if you've never before claimed the relief here, you might possibly qualify. Unless other posters have detail from TRS rules / tax briefings that they can point you to, I recommend calling Revenue's TRS section to ask - they'll be able to give you a definitive answer.
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antrimboy
Guest
Caleb,
Let me know what you find out as I am about to move to Galway from the UK and have had a property in the UK but would like to take advantage of the FTB benefits if I can.
Let me know what you find out as I am about to move to Galway from the UK and have had a property in the UK but would like to take advantage of the FTB benefits if I can.
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lizzyd66
Guest
I returned from the UK in 2002 - I owned a property which I sold in the UK, my husband had never owned one, we didn't qualify for FTB.
The question of TRS for those who have previously bought outside the State is dealt with in this thread (same original poster).
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