The buyer pays the AJD on the sale and purchase and the credit institution pays the AJD on the mortgage loan

A query is made regarding the liability and the taxable person for ITP and AJD in the purchase of a new-build property with a mortgage loan. The DGT clarifies that the sale and purchase is not subject to transfer tax as it is subject to VAT, and that in the mortgage loan, the taxable person is the lender.