The surge in stamp duty receipts will be fuelled by the combination of more homes being bought at higher prices while thresholds fall to catch more buyers.
Related topic: Stamp duty
Rob Oliver, director of distribution at Dudley Building Society, says there are potentially big savings for investors if they buy a property under £250,000 before next April.
73% of homebuyers said they would continue with their plans to purchase, with a further 22% saying it would only temporarily impact their plans.
Patrick Bamford, head of international business development at Qualis Credit Risk, explores whether the Budget offered any hope to first-time buyers, why the announcements cement the...
Recent tax changes and incoming council tax premiums for second homes have unsettled property investors and second homeowners, Zoopla says.
In some regions of the country, as many as 85% of homes will still be available tax-free.
There are 68 local authorities across England where the average price paid by a first-time buyer is more than £300,000.
The government is increasing stamp duty on second homes to 5% from tomorrow.
Property experts outline what various stakeholders in the housing market should prepare for.
The group says stamp duty reform would drive energy efficiency and boost the housing market.