The UK chancellor Rishi Sunak has extended a stamp duty holiday in England and Northern
Ireland in his 2021 Budget, as well as unveiling new mortgages with just 5% deposits.
The threshold for stamp duty, a tax on property transactions in England and Northern Ireland,
will remain at £500,000 until 30 June for residential purchases.
It means buyers avoid the levy altogether on purchases under that amount.
It will then only fall to £250,000 for another three months, before returning to its standard £125,000 rate.

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