The government is not considering a stamp duty holiday extension after calls for more time following the latest Coronavirus Tier 4 rules.
Since stamp duty was abolished for first time buyers with homes valued under £300,000 total savings have amounted to £284 million.
New stamp duty relief introduced by the government has saved first time buyers £2,300 on average when buying their first home.
Higher house prices and stamp duty mean the cost of moving home in London has risen to £32,092 or 47% higher than a decade ago.
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