Buying a House Hypothetically

angelfire9 · 15-01-2011 4:21pm #1

I was thinking about this last night as the Euromillions was €15 million
If I were lucky enough to win that kind of money first thing i'd want to do is buy a new house
BUT
If you wanted to keep your winnings a secret is there a way of doing this?

I'm thinking that I'd get a solicitor from outside my area to handle the conveyancing
BUT
Can you exchange contracts without the seller finding out the buyer's name and address?

Just curious
I haven't won the lotto or anything but I was dreaming about it last night

MagicSean · 15-01-2011 4:25pm

You could set up a company and buy it through the company.

nuac · 15-01-2011 5:56pm

YOu can conceal your identity as purchaser by having your solicitor purchase in trust for you.

However the Revenue at stamping stage will require full disclosure of identity ( and PPS number ) of person for whom the solicitor it purchasing.

coylemj · 15-01-2011 7:42pm

I think the OP is thinking more about keeping his winnings secret from the neighbours than the Revenue and anyway lottery winnings are tax-free so the taxman wouldn't be a problem.

angelfire9 · 15-01-2011 8:17pm

nuac wrote: »

YOu can conceal your identity as purchaser by having your solicitor purchase in trust for you.

However the Revenue at stamping stage will require full disclosure of identity ( and PPS number ) of person for whom the solicitor it purchasing.

This is what I was getting at
Wasn't sure if this was possible in Ireland

Setting up a company would only hide your ID for a while as the CRO website publish the names of company directors

I guess if I was going the whole hog I'd have to buy cars with tinted rear windows and a chauffeur so my neighbours wouldn't ever see me
I wonder how people who actually do win massive amounts on the lotto manage to keep it quiet

Anyway, i can dream

Thanks nuac for answering my question

Buying a House Hypothetically

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