All,
as unfortunately I am splitting from my boyfriend, I need some advice on the best move to buy a property for myself. We've bought a house 2 yrs ago valued 150K more than the purchased price. He wants to buy my quote of the house, which will give me some cash to buy something else. However I will lose my First Time Buyer status which means I will need to pay stamp duty on 2nd hand houses and less TRS on the mortgage.
Is there any chance to retain my First Time Buyer status?
Is there any advice on what is the best to do? It seems that all the properties are around 400K in North Dublin and I am quite desperate to take the right decision.
M.
as unfortunately I am splitting from my boyfriend, I need some advice on the best move to buy a property for myself. We've bought a house 2 yrs ago valued 150K more than the purchased price. He wants to buy my quote of the house, which will give me some cash to buy something else. However I will lose my First Time Buyer status which means I will need to pay stamp duty on 2nd hand houses and less TRS on the mortgage.
Is there any chance to retain my First Time Buyer status?
Is there any advice on what is the best to do? It seems that all the properties are around 400K in North Dublin and I am quite desperate to take the right decision.
M.