Article: Housing market 'is disrupted' by uncertainty over stamp duty.(NEWS)

Byline: Charlie Weston Personal Finance Editor

UNCERTAINTY over stamp duty on house purchases is putting increasing pressure on the housing market, a leading bank said yesterday.

Irish Life & Permanent also blamed the continuing slowdown in the residential mortgage market on rising interest rates.

Chairperson of the bank Gillian Bowler called for a speedy resolution of the stamp duty issue.

She said a quick postelection change in stamp duty policy would lead to a recovery in new mortgage lending as the underlying level of demand remains strong.

The leading bank expects double-digit percentage growth in the bank's overall loan ...

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