Ivana Bacik (Independent)

I did say I recognised there was some attempt at providing a transitional arrangement in section 66(3), but it is clear that people who had contemplated buying a house will still be caught. The Minister of State has accepted that first-time buyers who had contemplated buying a house had put their finances in order for a particular sum and must now face having to find a substantial additional amount of approximately €4,000 based on stamp duty at 1%. The change will have an impact on them. I wish to ensure that is put on record and the Minister of State is made aware of the impact.