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HMRC has raked in an eye-watering £9 BILLION worth of stamp duty in a raid. It marks a 20 per cent increase on the £7.7bn paid over the same period last year, according to details from the Labour Party government.

Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “Nobody wants to be the last one to pay the old tax. If people think they could save thousands under a new system, or even spread the cost over time, some may choose to hold off buying until there’s more clarity.

“The idea of shifting the burden from buyers to sellers, or allowing staggered payments, would be a significant shake-up, and for many buyers it would remove one of the biggest barriers to owning a home. But speculation can make the housing market hold its breath for

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