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dodgy fees?

  • 15-07-2010 7:58am
    #1
    Rick Deckard
    Closed Accounts Posts: 1,181 ✭✭✭


    Hi, I am looking at purchasing a site (developed to subfloor) in a ghost estate in North County Dublin. There's 20 plots in the estate, 5 have houses built, the rest are like the one i'm interested in.
    Here's the query;
    The agent says they're 120K ea with another 15/20K in fees/levies/charges???

    When i quizzed him on the extras, he was evasive and just said it was normal..

    Is it normal? Do you pay Stamp Duty on a site? What other charges could be insued (other than legal/agents fees)?

    Thanks for reading,

    Peat.


Comments

  • #2
    paultheviking
    Closed Accounts Posts: 71 ✭✭paultheviking


    sounds like stamp duty to me.. ask your solicitor


  • #3
    martinn123
    Registered Users, Registered Users 2 Posts: 2,300 ✭✭✭martinn123


    peatcass wrote: »
    Hi, I am looking at purchasing a site (developed to subfloor) in a ghost estate in North County Dublin. There's 20 plots in the estate, 5 have houses built, the rest are like the one i'm interested in.
    Here's the query;
    The agent says they're 120K ea with another 15/20K in fees/levies/charges???

    When i quizzed him on the extras, he was evasive and just said it was normal..

    Is it normal? Do you pay Stamp Duty on a site? What other charges could be insued (other than legal/agents fees)?

    Thanks for reading,

    Peat.
    as well as stamp duty, the agent may be passing on the development levy from Fingal Co.Co which would have been a condition of the original planning permission. You can probably check this by looking up the planning application on www.fingalcoco.ie
    Check with your solicitor is the best advice


  • #4
    dpjobrien
    Closed Accounts Posts: 17 ✭dpjobrien


    Yes you must pay stamp duty on a site, I paid stamp duty on my site check out the revenues website it gives the rates.


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