Only a few days to go: We’re raising £25,000 to keep TheyWorkForYou running and make sure people across the UK can hold their elected representatives to account.

Donate to our crowdfunder

First Time Buyers: Stamp Duty Land Tax

Treasury written question – answered on 2nd March 2020.

Alert me about debates like this

Photo of Andrea Jenkyns Andrea Jenkyns Conservative, Morley and Outwood

To ask the Chancellor of the Exchequer, if he will reduce the stamp duty rate for first-time buyers purchasing properties above the threshold set for first-time buyers.

Photo of Andrea Jenkyns Andrea Jenkyns Conservative, Morley and Outwood

To ask the Chancellor of the Exchequer, if he will reduce stamp duty rates for private home buyers.

Photo of Jesse Norman Jesse Norman The Financial Secretary to the Treasury

At Autumn Statement 2014, residential SDLT was cut for 98% of people who pay it, unless they are purchasing additional property, and at Autumn Budget 2017 the Government introduced first time buyers’ relief which has already helped over 240,000 people get onto the housing ladder.

All taxes are kept under review as part of the Budget cycle.

Does this answer the above question?

Yes1 person thinks so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.