F
fuzz
Guest
Dear AAM
We recently increased our morgage on our PPR, it was an equity release basically to purchase investment property
We have now received a bill from our bank saying that any morgage over €254K is subject to stamp duty of .1% does this apply in this case as it was a top up to our existing morgage and not a new one
Plus a legal department fee of €60 to work this out for the bank
Any advice appreciated
Many thanks
We recently increased our morgage on our PPR, it was an equity release basically to purchase investment property
We have now received a bill from our bank saying that any morgage over €254K is subject to stamp duty of .1% does this apply in this case as it was a top up to our existing morgage and not a new one
Plus a legal department fee of €60 to work this out for the bank
Any advice appreciated
Many thanks