The published sale price does not include the taxes or costs arising from the purchase of the property.
-
Taxes: The transaction may be subject to Property Transfer Tax (ITP) at a rate of between 0% and 10% or, where applicable, Value Added Tax (VAT) at 10% or 21%. New-build properties are also subject to Stamp Duty (AJD) at 1.5%.
-
Purchase costs: Notary, Land Registry and administrative processing fees are estimated at between 1% and 2% of the purchase price.
-
Estate agency fees: Payable by the seller.
-
Final calculation: The total cost of the purchase will depend on the legislation in force and the buyer’s individual tax circumstances.
This information is provided for guidance only and may be subject to change in accordance with the tax legislation in force at the time of completion of the transaction.