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flag UK homebuyers rush to complete purchases before a stamp duty tax hike takes effect April 1.

flag UK homebuyers paid £1.1 billion in stamp duty in February, a £203 million increase from January, as they rushed to complete purchases before a tax hike on April 1. flag Starting April, the stamp duty threshold drops to £125,000 for home movers and £300,000 for first-time buyers, increasing the tax burden on property buyers. flag Mortgage lenders like Accord Mortgages and Skipton Building Society are helping buyers finalize their purchases before the deadline to avoid higher costs.

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