Sherry FitzGerald calls for elimination of stamp duty

Estate agents Sherry FitzGerald have today called for the Government to eliminate stamp duty for first time buyers in the forthcoming Budget 2007.

Chief economist with the Sherry FitzGerald Group Marian Finnegan said: “The penalising rate of stamp duty applicable to first time buyers in the second-hand market is acting as a barrier to entry for this cohort of the population into the established property market.