Stamp Duty

First Credit Mortgages have compiled the following information to help you figure out your stamp duty liability when buying a property. Further details are available from the Revenue Commissioners.

Use our Stamp Duty Calculator to help you figure out how much stamp duty is due on your property (if any).

When is Stamp Duty payable?

Residential Property

The most common charge to stamp duty which affects individuals is the stamp duty on the purchase of residential property; i.e. houses and apartments. The amount of stamp duty payable depends on:

1. The price paid (or the market value where the price paid is less than market value) for the property
2. Whether the property is new or second-hand and
3. Whether you are a first time buyer, owner-occupier or investor

First Time Buyer

A first time buyer are exempt from paying stamp duty for their principle private residence . Where there is more than one buyer, each of the buyers must be a first time buyer to qualify for the relief. The benefit obtained where the first time buyer exemption applies is subject to clawback provisions.

Non First Time Buyers

There is no stamp duty payable for owner occupiers on properties of less than 125 square meters.  For new properties in excess of 125 square meter and second hand properties the following rates apply:  

* Transactions, where the consideration (or the aggregate consideration) does not exceed €127,000, are exempt from stamp duty.

Investors

* Transactions, where the consideration (or the aggregate consideration) does not exceed €127,000, are exempt from stamp duty.