Buy to Let Mortgage

[clipper1981]

I am thinking of buying a house in my home town with the view to renting it out. I am a first time buyer and was thinking of going for a buy to let mortgage. Would this be suitable? Also in terms of stamp duty what would I be expected to pay?

 

[Jimbob2]

Re: Buy to Let Mortage

You can only avail of first time buyer stamp duty rates/ exemptions if you buy a house to live in. If you buy a house to rent out you'll pay the full stamp duty payable and will no longer be considered a first time buyer when and if you buy a house to live in.

You'll find the stamp duty rates on www.revenue.ie

 

[ClubMan]

Please . This was moved from the Mortgages and Home Buying forum to the Property Investment forum.