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Getting site valued - confused

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  • 28-11-2016 10:45pm
    #1
    Nickypicky
    Registered Users Posts: 72 ✭✭


    So, have our full planning, want to start building asap. In the middle of finding solicitors/engineers/getting site valued.

    Sent a load of emails over the weekend as I knew I couldn't make calls etc today and wanted to get the ball rolling.


    Received a reply today from the valuers saying seeing as you have been gifted the site, that she will value the site lower as opposed to higher........


    Can someone shed some light on this? Im confused.

    Apologies if this is in the wrong area !


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    #2
    Gumbo
    Moderators, Society & Culture Moderators Posts: 39,458 Mod ✭✭✭✭Gumbo


    Nickypicky wrote: »
    So, have our full planning, want to start building asap. In the middle of finding solicitors/engineers/getting site valued.

    Sent a load of emails over the weekend as I knew I couldn't make calls etc today and wanted to get the ball rolling.


    Received a reply today from the valuers saying seeing as you have been gifted the site, that she will value the site lower as opposed to higher........


    Can someone shed some light on this? Im confused.

    Apologies if this is in the wrong area !

    Tax implications?


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    #3
    ptogher14
    Registered Users Posts: 203 ✭✭ptogher14


    You're going to have to pay stamp duty on the value. 2% of the value ....keep it low


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