First time lucky

Just over a month after Brian Cowen announced the abolition of stamp duty for first-time buyers of second-hand homes valued at under €317,500, the full effects of the change are about to be felt in the market.

Just over a month after Brian Cowen announced the abolition of stamp duty for first-time buyers of second-hand homes valued at under €317,500, the full effects of the change are about to be felt in the market.

The spring selling season is getting under way and, like last year, first-time buyers are likely to be the dominant force when it comes to sales.

The vendors of both new and secondhand homes are now ...