There are various fees involved in buying a house. To obtain a prompt quotation on buying a house, click here.
As well as the solicitor fee, there are a number of fees to be paid to third parties. The usual fees are the following;
(i) Property Registration Authority
A fee will be payable to the Property Registration Authority to update your records after you buy your property. Your property will be registered in the Land Registry or the Registry of Deeds. The fees payable in relation to Land Registry property depend on the value of the property and are as follows:
Fee Scale for Transfers ( Sale)
Value € | Fee € |
1-50,000 | 400 |
50,001 – 200,000 | 500 |
200,001 – 400,000 | 700 |
Greater than 400,000 | 800 |
Registraton of Mortgage | 125
|
- Other Land Registry fees
- Voluntary Transfer€130
- Registration of part of a folio (Open New Folio)€75
- Charge/Judgment Mortgage€175
- Transfer Order€130
- Transmission on death€130
- Registration of ownership under Section 49 of Act of 1964€130
- Registration of easements and profits a prendre under Section 49A of the Act of 1964€130
- Registration of a lease of registered land dated prior to 26 May 2006€130
- Registration of a shared ownership lease [under the Housing (Miscellaneous Provisions) Act 1992]€130
- First Registration in Form 3€130
- First registration other than application in Form 3€500
- Registration of an order under S. 17(2) of the Nursing Homes Support Scheme Act 2009€40
- Registration of a Vesting Certificate€40
- Transfer/termination on lapse of a designation under Part 4 of the Housing (Miscellaneous Provisions) Act 2009€130
- Registration of ownership of a dwelling purchased under:
- Part V of the Planning and Development Act 2000€130
- Part 2 of the Housing (Miscellaneous Provisions) Act 2002€130
- Part 5 of the Housing (Miscellaneous Provisions) Act 2009€130
- Caution/Inhibition€40
- Priority entry€40
- Release of burden or charge€40
- Any other registration not specified above€40
(ii) Registry of Deeds Fees
Fee € | |
Registration of Deed | 50 |
Registration of Mortgage | 50 |
Registration of Vacated Mortgage | 20 |
(iii) Stamp Duty
This is the transfer tax payable to the Government when you purchase the property. The amount of Stamp Duty payable depends on your buyer status and the value of the property. For Stamp Duty rates, Click Here
(iv) Engineers Fees
Prior to signing contracts to purchase your property, it will be necessary that you employ an Engineer to ensure that the property you are buying is structurally sound and that the boundaries of the property are in order. The cost of this depends on the Engineer and on what services he/she will provide.
(v) Valuation Fee
If you are obtaining a mortgage, your Bank/Lending institution will require a valuation to be carried out by a qualified valuer to confirm that the property will be good security for their loan. It is important to note that a valuation is a structural survey. The cost of this survey depends on which Bank is giving you a mortgage.
(vi) Law Searchers Fees
It is necessary to carry out law searches on the day the purchase of the property is completed. This will determine whether any judgements or burdens have been registered on the property or against the Vendors. The searches are carried out by a firm of bonded Law Searchers. The cost of the Law Searchers depends on the type of property you are purchasing.
(vii) Commissioner for Oath fees
It will be necessary have several Statutory Declarations relating to the Family Home sworn before a third party solicitor. The cost of this is normally €40 or less.
We are here to help. Please do not hesitate to telephone us at 091 – 586760 or email us to discuss more information on fees and an exact breakdown of the fees appropriate to your particular purchase.