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Stamp Duty

  • 14-04-2010 6:56am
    #1
    el_loco_blanco
    Closed Accounts Posts: 169 ✭✭


    Hi there,

    I am thinking of buying a site to build a house. I am a first time buyer. I know that I am liable for stamp duty when buying a site. The thing is the site I am looking at has a dwelling on it that is habitable. I plan to completely demolish the house though and rebuild. So am I buying a site and liable to stamp duty or am a buying a house and not liable as a FTB?

    Any knowledgeable thoughts?


Comments

  • #2
    Poor Uncle Tom
    Registered Users, Registered Users 2 Posts: 14,547 ✭✭✭✭Poor Uncle Tom


    el_loco_blanco wrote: »
    Hi there,

    I am thinking of buying a site to build a house. I am a first time buyer. I know that I am liable for stamp duty when buying a site. The thing is the site I am looking at has a dwelling on it that is habitable. I plan to completely demolish the house though and rebuild. So am I buying a site and liable to stamp duty or am a buying a house and not liable as a FTB?

    Any knowledgeable thoughts?

    If there is a habitable dwelling house on the site you are buying, then you are buying a house, where is the problem there? what you do with it afterwards is your own business, imo.

    Stamp duty questions are for solicitors though and as such should not be addressed in any detail here.


  • #3
    muffler
    Registered Users, Registered Users 2 Posts: 46,553 ✭✭✭✭muffler


    The guys in the Accommodation & Property forum will answer your query.

    Moved from C & P.


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