"Under the current rules, first-time buyers enjoy no stamp duty on properties costing up to £425,000, with reduced rates for homes up to £625,000. After April, these thresholds will revert to lower levels, adding a significant financial burden for those buying after the deadline."
"A typical first-time buyer could be over £3,500 worse off come April. After paying fees, stretching their budgets with high mortgage rates, and handling other costs, this additional charge will be an unwelcome burden."
"Nothing supercharges the property market quite like a stamp duty deadline. Buyers are flooding the market, but delays mean many may miss out unless drastic changes are made."
"The UK's property transaction process is notorious for its inefficiency, with an average sale taking 152 days to complete from agreement to finalisation, according to Rightmove."
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