Anyone buying a house worth up to half a million pounds pays no stamp duty at all. Have you been affected by the stamp duty holiday? This is because first-time buyers are already able buy a property worth up to £300,000 without paying stamp duty. The stamp duty holiday is partly responsible for house prices hitting record highs, according to building society Halifax. House prices are likely to stay high for the foreseeable future, according to Andrew Montlake of mortgage broker Coreco.

Source: Daily Mirror June 09, 2021 15:15 UTC