One in five properties still stamp duty exempt

Around 70% of properties available for less than £125,000 are houses, not flats. FindaProperty says this is due to a substantially higher number of houses on the market.

Those buying in the North East of England have the best chance of finding a property below the stamp duty threshold as almost four tin 10 properties for sale cost less than £125,000.

On the opposite end of the scale only 1.6% of homes in London cost less than £125,000.

Samantha Baden, property analyst at FindaProperty.com, said: “Struggling first-time buyers should be reassured by the fact that the end of the stamp-duty holiday doesn’t necessarily mean they will have to pay thousands more for their property.

“Many buyers can still get onto the property ladder without having to pay stamp duty and this applies to all regions of the UK.

“Generally, the further south you go, the harder these properties are to find, but “duty free” properties are even available in London for those with the patience to find the right property and move quickly when it becomes available.”