Time is running short for homebuyers in England to save up to £15,000 on stamp duty. When lockdown restrictions were eased last July, the Government raised the exemption threshold for the tax on the purchase price of properties from £125,000 to £500,000. The reform was intended to boost the house market and the overall economy of the country although reports of sellers pushing up prices deflated initial excitement somewhat. Unless the current stamp duty concession is extended beyond March, previous rates will be reintroduced from the beginning of April. As a result, mortgage advisers, estate agents, conveyancers and other professionals engaged in house purchase are working flat out to help buyers complete their purchase before the March 31 deadline.