First-time buyers have saved an estimated £319m as a result of the stamp duty holiday which began in March 2010, research from Santander reveals.

The two year exemption from paying any stamp duty on purchases up to £250,000 comes to an end on 24 March this year.
After the tax holiday, first-time home owners can expect to pay 1% tax on property purchases between £125,000 and £250,000 and a 3% on purchases over £250,000.
How will this affect the market?