Can you explain the Stamp Duty offer?

Ask the expert: your home-buying questions answered

The Bank of Ireland Stamp Duty offer is 1 per cent of your mortgage amount, so if you borrow €175,000, the bank will pay you back €1,750 - it's as simple as that. Once your mortgage is drawn down by the offer closing date you are automatically included in this offer. You don't have to do anything and the funds will be credited straight to your mortgage paying account.

Paul Murphy - Bank of Ireland, Mobile Mortgage Manager