FIRST TIME BUYER	FINANCIAL REVIEW	RE-MORTGAGE & EQUITY RELEASE	RETIREMENT MORTGAGES	MORTGAGE RATES	INVESTMENT & FOREIGN PROP.	APPLY ONLINE NOW	MORTGAGE CALCULATOR

Stamp Duty

Budget 2011
The Minister for Finance announced the following changes in relation to stamp duty in his Budget speech on 7 December 2010.

New Rates for Residential Property

A new lower rate of 1% will apply to instruments where the consideration attributable to residential property does not exceed €1,000,000. A higher rate of 2% will apply to the excess of the consideration over €1,000,000. In conjunction with the introduction of the lower rate of 1%, which will apply to the entire amount of the consideration up to €1,000,000, the current exempt threshold of €127,000 has also been abolished. Aggregate Consideration

	Rate of Duty
First €1,000,000	1%
Excess over €1,000,000	2%