Estate Agent Houses for Sale or Lease, Apartments, Land, Sites for Sale, Real Estate from Leavys Auctioneers and Real Estate Agents Roscommon Irish Midlands Ireland

From our offices at Strokestown, Co. Roscommon in the heart of the Irish Midlands we are always trying to develop new ways to improve our services and build on our reputation as forward-looking Estate Agents and Auctioneers.

We believe success is due to innovative thinking and foresight in planning for the future. Our commitment is to bring our clients a professional property auctioneering service in all their property and financial and mortgage requirements.

Our aim is to give a personalised service to all our clients. At Kieran Leavy & Associates Estate Agents we are always determined to work in our clients interests. We guarantee that all your property and financial requirements will be given our undivided attention.

• Buy a Home.....Resale or New
• Sell Your Home
• Free Market Evaluation
• Property Management Services
• Compare Your Home to Others
• Obtain Mortgage Financing or Refinance

Stamp Duty

Stamp Duty is a Government tax payable when you purchase a property and is calculated on the value of the property. It also takes into account whether the property is for use as an investment or whether it will be used as an Owner Occupier Resident. The money paid to the Government is to ensure that your deeds are stamped, without it your deeds can't be registered.

First Time Buyer
Since 31st March 2007 First Time Buyers who buy a new or second hand property with the intention of living in it are no longer liable to pay stamp duty. A First Time Buyer is someone who has never previously either built or purchased a home.

Owner Occupier / Not First Time Buyer
No Stamp Duty is due if the property is new and does not exceed 125 square meters. They must be the first people to occupy the property and they are then required to live there for a period of 5 years. In order to gain get this exemption there must be a valid floor area certificate issued by the Department of Environment & Local Government.

If the property exceeds 125 square meters there are 2 things to consider -
- If the cost of the site exceeds € 125,000.00 or
- 25% of the cost of site plus construction ( less V.A.T.) exceeds this amount then they are liable to pay Stamp Duty.
A qualified architect, engineer or surveyor must certify the size of the floor area.

No charge will apply for First Time Buyers who are owner occupiers of such houses.

Investor / Owner Occupier
You are liable for Stamp Duty on both new and second hand residential properties using the same criteria as outlined above.

Divorced / Separated
In certain circumstances divorced or separated people are classed as First Time Buyers
- If their former partner still occupies their previously mutual home at the date of divorce / separation.
- If their former home was the only property in which they had an interest in prior to divorce / separation.
- If they have left their former home and no longer hold an interest in the property.

The above information is for guidance only and is subject to changes in legislation. We advise that you consult with a solicitor - we can provide you with a list of local solicitors with specialist knowledge.

FEJ Limited trading as Kieran Leavy & Associates is regulated by the Central Bank of Ireland