Buyers who miss 30 June cutoff may have to pull out of purchases, putting chains of sales at risk

With days to go until the phased ending of the stamp duty holiday, thousands of homebuyers will be desperately hoping they can complete their purchase before Wednesday night, because if they don’t they face having to find as much as £15,000.

A significant proportion of home purchases – some agreed as far back as the spring – are thought to be hanging by a thread as conveyancing solicitors struggle to complete purchases before the 30 June deadline.

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