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What is a starter home?

Part of Housing and Planning Bill – in the House of Commons at 5:45 pm on 3rd May 2016.

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Photo of James Cartlidge James Cartlidge Conservative, South Suffolk 5:45 pm, 3rd May 2016

On the question of affordability and starter homes, Catherine West mentioned the average deposit in London. However, a very big cash cost for any first-time buyer—or indeed any buyer—is stamp duty. Can the Minister confirm that the stamp duty payable on a starter home would apply to the discounted price and would therefore also be 20% lower?