Related topic: Stamp duty

Just 2% of first-time buyers in the North East pay, compared to 79% in London.

Stamp duty was cited by 28% of affected owner-occupiers as a barrier to moving.

Despite the significant rise in house prices, buyers still start paying stamp duty at the same point they did twenty years ago.

Homebuyers paid £15.2bn in stamp duty over the 12 month period.

In the last year, the total estimated stamp duty bill for first-time buyers has jumped from £101m to £408m.

Nearly £392m in potential estate agency revenue and £515m in potential stamp duty receipts were lost last year to fall throughs.

Homebuyers paid £899m in stamp duty in January.

Homebuyers paid £15.4bn in stamp duty last year.

First time buyers reveal their confidence is low regarding their prospects under the current government.

The OBR’s latest outlook shows tax on buying residential property in England and Northern Ireland will rise to £19.7bn by 2030-31.