Most are second-home buyers who do not have to sell their own homes to move and do not need mortgages.

However, the government has second-home buyers in its sights.

She reports a marked increase in second-home buyers looking for a property that will provide a decent return.

The stamp duty holiday will apply to all buyers including second-home buyers and buy-to-let landlords.

For a property costing £350,000 a first-time buyer will save £2,500 in stamp duty, while home movers, second-home buyers and landlords will save £7,500.