‘Second-steppers’ hit by end of tax break

"Second-steppers" will be hit hardest when the stamp duty holiday comes to an end, research has found, as new figures show that Treasury coffers were boosted despite the tax break. Savills data showed that homeowners in the most expensive parts of the country who are trying to move up the housing ladder will lose out most when the holiday ends on March 31^st. House prices have risen faster for terraced houses than flats, which are proxies for second-steppers and first-time buyers respectively.

The Daily Telegraph (23/01/2021)