Land registry fee on deed transfer for 2nd hand apartment?

m_hunter

Hi, Experts

I plan to buy an 2nd hand apartment in Dublin.

My Solicitor told me I need pay around 700 for a fee called "land registry fee on deed of transfer"

The property in a 6 floor apartment... I think a person only need to pay the fee if it's house.

Please let me know if this fee is essential for apartment.

Thanks!:)

valleyoftheunos

Naturally your solicitor is correct, you must register with the Land Registry and pay the fee. It applies to apartments, Houses and agricultural land equally.

In fairness, the fees are expensive.

dats_right

Would you buy a car and not register the change of ownership?

Of course you need to register the transfer of ownership of the apartment with the Property Registration Authority. How would you propose selling it on yourself if you can't prove title to the property?

The fees you mention are nothing to do with the solicitor and are in effect Government registration fees.

Pat Mustard

http://www.landirect.ie/eng/Legal_Professional_Customers/Fees/Summary_of_Land_Registry_Fees_Order_20121.html

ShowMeTheCash

I have a question around this.

What is the land registry fee on mortgage?

So I got my bill,
I have my 1% stamp duty
Land registry fee same as above but also a land registry fee on mortgage for 175 euro.

Anyone know what this is for?

Addle

http://www.prai.ie/eng/Legal_Professional_Customers/Fees/Land_Registry/Summary_of_Land_Registry_Fees_Order_2012.html

Fees clearly set out as above.
You pay separately for everything you want to register.

ShowMeTheCash

Thanks, the other link was broken...

So in short the Government is really taking the p1ss!!!
Between Stamp duty and other fees the government is lifting a few grand on every purchase...

In effect I am paying them more than I pay my solicitor...

goz83

ShowMeTheCash wrote: »

Thanks, the other link was broken...

So in short the Government is really taking the p1ss!!!
Between Stamp duty and other fees the government is lifting a few grand on every purchase...

In effect I am paying them more than I pay my solicitor...

How else are they to pay their cronies?

ShowMeTheCash

goz83 wrote: »

How else are they to pay their cronies?

Rehab lottery?

Kelly06

Strangely enough the Land Registry don't charge fees for a charge lodged with a lease (in the case of an apartment) but they charge fees for a charge lodged with a Transfer (in the case of a house) doesn't anyone else think this is strange? Maybe its because the raised the fee for a lease from €85 to the same fees as a Transfer (much more expensive)

Kelly06

Strangely enough the Land Registry don't charge fees for a charge (mortgage) lodged with a lease (in the case of an apartment) but they charge fees for a charge lodged with a Transfer (in the case of a house) doesn't anyone else think this is strange? Maybe its because the raised the fee for a lease from €85 to the same fees as a Transfer (much more expensive)

Kelly06

.

Pat Mustard

Kelly06 wrote: »

Strangely enough the Land Registry don't charge fees for a charge lodged with a lease (in the case of an apartment) but they charge fees for a charge lodged with a Transfer (in the case of a house)

Where does it say that?

Kelly06

The Mustard wrote: »

Where does it say that?

Ive looked at the fees order and your right it doesn't say that anywhere but for some reason I remember putting something through where I didn't have to pay for a charge when I was lodging it. Maybe i'm confused so ill check it out tomorrow in work and come back and eat humble pie if or when im wrong .......

Kelly06

Sorry I found it and I was mostly wrong !

Registration of a lease of registered land dated prior to 26 May 2006 + Mortgage Item 6 (€130) (A mortgage on the leasehold interest lodged with the lease attracts no fee)

I remembered this because the apartments I was registering had been purchased in 2005 and not registered (they belong to a housing authority). The fees were cheap as chips! Sorry for my mistake