Stamp duty yes or no?

J

jtm

Guest
Im looking at buying a house with my partner,
im a FTB (second time around as separated !) but my partner is not.
will we have to pay stamp duty ? as friends have told me there is ways of avoiding it?
 
Google "First Time Buyers Ireland Revenue" - they have a very good section of the rules applicable.

I think its fair to say in general:
1. If there is more than one purchaser and one only is a ftb - it is likely that full stamp duty will be payable.
2. Where a married couple is involved it is unlikely that (a) a lender will lend to one only and (b) allow title in one name only. In the event of a split and a wrangle over the family home, you can just imagine the fun and games unless the property is in joint names and the mortgage is in joint names.

mf
 
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