Almost a quarter of first-time buyers say stamp duty is a personal barrier to buying, Yorkshire Building Society finds
Yorkshire Building Society research found 23% of first-time buyers regard stamp duty as a personal barrier to buying, rising to 31% of second-steppers. The tax lands as an upfront cash cost at the point buyers are already stretched on deposit and fees, so it tends to delay moves rather than change what people will pay. For sellers in the second-stepper bracket, a thinner pool of onward buyers is the practical effect. This is survey sentiment ahead of the Autumn Budget, not a policy change.
What this means for…
Buyers· 2/3
Sellers· 1/3
Wider market· 1/3
Each axis scored 1 (minor) to 3 (major). Total 4/9.
More Policy commentary
14 Oct 2026 · Impact 4/9
Government introduces cladding remediation Bill with fines of up to £500,000 for owners who fail to fix unsafe buildings
14 Oct 2026 · Impact 5/9
Regulators scrap the lender-by-lender 15% cap on high loan-to-income mortgages from 28 October
30 Sept 2026 · Impact 4/9
Rayner pledges mandatory licensing for estate agents, with powers to revoke licences
Related reading
Thinking about your own move?
See what your home is worth with free, side-by-side valuations from competing local agents. Your details stay private until you choose one.
Get your free valuations →