Hi,
I am currently undergoing a self build with my boyfriend but i am looking for help with a few issues. We are currently in the planning stage and expect PP in 2-3 weeks, the land is owned by my boyfs father and he is going to sign over to my boyf. As we are unmarried does anyone know if this causes issues with the build and what the capital gain tax/stamp duty would likely to be? Would it save us to get the land signed over before PP is granted?
The site is in south county dublin and is likely to be under the 480,000 limit.
I have spoken to a mortgage broker and he said getting a mortgage would be ok as this is common place these days, where the site is gifted and we are unmarried. Does anyone know if the tax expenses would be included in the mortgage or would we need to save for these ourselves?
Also, would anyone know a building cost estimate the house is 120 sq.m and we will be using timber frame? Our architect said around 250,000 but others have said that this is a very high estimate as the house is only 120sqm.
Any help with these questions would be great, as i am having trouble trying to get information
Thanks!
I am currently undergoing a self build with my boyfriend but i am looking for help with a few issues. We are currently in the planning stage and expect PP in 2-3 weeks, the land is owned by my boyfs father and he is going to sign over to my boyf. As we are unmarried does anyone know if this causes issues with the build and what the capital gain tax/stamp duty would likely to be? Would it save us to get the land signed over before PP is granted?
The site is in south county dublin and is likely to be under the 480,000 limit.
I have spoken to a mortgage broker and he said getting a mortgage would be ok as this is common place these days, where the site is gifted and we are unmarried. Does anyone know if the tax expenses would be included in the mortgage or would we need to save for these ourselves?
Also, would anyone know a building cost estimate the house is 120 sq.m and we will be using timber frame? Our architect said around 250,000 but others have said that this is a very high estimate as the house is only 120sqm.
Any help with these questions would be great, as i am having trouble trying to get information
Thanks!