First-time buyers could save €11,550

By Mary Dundon Political Reporter

First-time buyers could save €11,550

Finance Minister Brian Cowen said this represented a maximum saving of €11,550 for first-time buyers who are trying to get on the property ladder from next January.

"This new €317,500 limit is above the national average for the price of second-hand homes nationally and should be a major benefit to first-time buyers," Mr Cowen said.

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