Hi
I brought a house in the uk 18 months ago. I have since moved back to Ireland. i am nnow thinking of purchasing a house at home. Am I still eligible for exemption from stamp duty as I am a first time buyer in Ireland. Do I have to tell the bank and gov about the house in the Uk??..Or is this completely illegal?
No - you are not a first time buyer. Making a false declaration that you have never bought a house anywhere in the past is a serious matter. Nobody would recommend it as a prudent strategy.
You are not a first time buyer...... but if you but a new gaff with a floor area less than 125 sq metres, you will not be liable to stamp duty as an OWNER-OCCUPIER.