First-time Buyers: Help to Buy and Stamp Duty

Part of Housing, Communities and Local Government – in the House of Commons at 12:00 am on 5 November 2018.

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Photo of Kit Malthouse Kit Malthouse Minister of State (Housing, Communities and Local Government) 12:00, 5 November 2018

My hon. Friend is a political toxophilite of the highest order and has fired his arrows into a subject that is the cause of constant discussion between us and the Treasury. He knows that we all acknowledge the effect that stamp duty can have on the market; that is why he may have seen changes in the Budget to stamp duty on shared ownership, which we hope will benefit first-time buyers. However, I will keep him apprised of conversations as we have them.