Hi,
We bought our house as FTBs for €335k and the stamp was €10,050.The solicitor sent us a bill which had an additonal cost relating to a "stamp duty on purchase deed" as part of their outlay fees. This amounts to an extra €1050.
Has anyone else paid this and can someone explain what it is for & how it is calculated. Ive googled it and can't find anything on it....
A mortgage over €225K attracts an additional SD charge of 0.1% subject to a ceiling of €630. See page 7 of the [broken link removed]. Then the Land Registry transfer fee (which may technically be SD - I'm not sure) on this sale would have been €500. Perhaps the two added together come to €1,050? But your really should be asking your solicitor for the answers.
According to the original post the SD was €10,050 and there was an additional charge of €1,050. Presumably the house was second hand so the FTB SD was 3% (i.e. €10,050). My guess is that the additional €1,050 was SD on the mortgage deed plus the Land Registry fee of €500. Mind you a mortgage stamp deed of €550 would imply a mortgage of €550K. Hmmm....