Am I a first time buyer

[in the pub]

Hi there,

I own a property in the UK. I am now looking at buying a place in here in Ireland. So do I fit in for first time buyer rights? Can they find that I own a property in the UK if I said I was a first time buyer? (Because I kind of am!?).

Thank you

 

[WaterSprite]

From the Revenue site ([broken link removed])

"Who is a first time buyer?

A first time buyer is a person, (or, where there is more than one buyer, each of such persons):

• who has not on any previous occasion, either individually or jointly, purchased or built on his/her own behalf a house (in Ireland or abroad) and
• where the property purchased is occupied by the purchaser, or a person on his behalf, as his/her only or principal place of residence and
• where no rent, other than rent obtained under rent a room arrangements, is derived from the property for a period of two years from the date of the purchase. This relief is subject to clawback provisions."

Sprite