Stamp duty hike of 10% for bulk-buyers of houses set to be approved by Dáil

Green Ministers reportedly query exemption of apartments from the measure

Taoiseach Micheál Martin has clashed with Mary Lou McDonald in the Dáil after the Sinn Féin leader accused the Government of having a policy to attract property investment funds. Video: Oireachtas TV

The Government has moved to clamp down on bulk-buying of new homes with an increased stamp duty of 10 per cent on certain multiple house purchases set to be approved by the Dáil today.

Under measures agreed by the Cabinet on Tuesday night, the higher stamp duty rate will apply to the purchasing of more than 10 houses within a 12-month period.

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