My uncle purchased his council house a few years back, now he wants to move and buy a private property. Is he considered a first time buyer as he didnt get to take advantage of that scheme before?
My uncle purchased his council house a few years back, now he wants to move and buy a private property. Is he considered a first time buyer as he didnt get to take advantage of that scheme before?
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)
So, no. He is not a first time buyer. Mind you, if he buys a new (never before occupied) property, he pays no stamp duty as an owner occupier. It is worth reading the Revenue guidelines on stamp duty.