Return the threshold at which First Time Buyers pay Stamp Duty to £425k or above

In 2025, the threshold which exempted first time buyers from paying stamp duty on the value of a property up to that threshold, was decreased from £425,000 to £300,000. This means that FTBs purchasing homes valued more than £300,000 have to pay stamp duty tax on everything above £300,000. We see this as the goalpost being moved at a considerable cost, and question how this is meant to encourage & support first time buyers (many of whom are young couples or families). We believe a smaller decrease in the threshold would have been better (e.g. to £350,000) or keeping it as it was.