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The stamp duty holiday on homes costing up to £500,000 in England is due to come to an end on 31 March. Photograph: Nathan Stirk/Getty Images About 300,000 property purchases in England could benefit from a three-month extension in the stamp duty holiday, it has been estimated, as reports suggest the chancellor could be set to prolong the tax break in next week’s budget. The tax saving - which cuts the bill entirely on properties costing between £125,000 and £500,000 and reduces it on homes costing more than that - was announced last s...

The industry has been reacting to the news that the stamp duty holiday could be extended to June in the upcoming March Budget. Some have warned against an extension, suggesting that more problems could arise and that it is delaying an inevitable ‘cliff edge’, whilst others have welcomed the news. Simon Nosworthy, head of the residential property department at Osbornes Law, explained that while the stamp duty holiday has provided a boost to the housing market, he believes that letting the holiday conclude on 31 March “would not be a bad thing.” He said: “Conveyancers like me and esta...