Report: Stamp duty adds seven years to mortgages
Stamp duty adds €107,000 to the cost of a mortgage for a couple trading up to a new home and increases the term of their mortgage by seven years, according to research to be published tomorrow.
Stamp duty adds €107,000 to the cost of a mortgage for a couple trading up to a new home and increases the term of their mortgage by seven years, according to research to be published tomorrow.
The research, by mortgage broker IFG Mortgages, found that a typical couple trading up to a second home paid €30,000 in stamp duty.
If the couple did not have to pay the stamp duty, they would be able to...
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