New research from Barclays has found that recent changes to stamp duty are causing concerns for next-time buyers.

Almost a quarter of first-time buyers worry that mortgage rates won’t drop quickly enough for them to afford a loan.

Inflation and high living costs remain the biggest barriers to homeownership, according to prospective first-time buyers surveyed by Aldermore.

During last month's Autumn Statement, the new Labour government confirmed that stamp duty thresholds in England would lower from 1st April 2025.

The high cost of buying is delaying more than four out of every 10 prospective first-time buyers from getting onto the property ladder.

A new study has found that almost a third of people don’t know the size of the deposit they would need to buy their own home.

Although gifting money towards a deposit may seem straightforward, there can be tax implications.

According to new analysis from Yopa, in some regions of the country, as many as 85% of homes will still be available tax-free following a reduction in stamp duty relief.

The current Stamp Duty threshold of £425,000 is set to revert back to £300,000 in April next year.

The Chancellor chose not to extend the current stamp duty relief given to first-time buyers during her first Budget.