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VAT, Levies And Professional Fees Make Up The Bulk Of Building Expenses

That's according to Director General of the Construction Industry Federation, Offaly's Tom Parlon.

Construction costs of bricks, morter and labour account for less than half the price of building a house. 

That's according to Director General of the Construction Industry Federation, Offaly's Tom Parlon, who says soft costs such as VAT, levies and professional fees make up the majority of the expense.

A report from Remax auctioneers shows buyers could save an average of €28,000 if the government reduced VAT to just 5% on new housing.  

The Coolderry man says these costs are driving the lack of supply to the market:

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