Rebecca Paul

Rebecca Paul

Conservative — Reigate

Speaking in the House of Commons on 28 October 2025

Debate

Stamp Duty Land Tax

Contribution

I thank my hon. Friend for yet another relevant and important point. I urge the Government to think logically about what they are trying to achieve. We all support the ambition to build more homes and recognise the problem that needs to be solved. However, the way we do it is really important, and it is important that we have those homes in the right places and that we set the targets in a logical and meaningful way. With this policy, and others like it, we are offering the public a clear choice between a party that wants to unlock aspiration and reward the hard work of our young people and a party that clings to economically damaging taxes because its own Back Benchers refuse to make even the smallest concessions on out-of-control spending. We on the Conservative Benches are clear that any significant change to tax policy must be properly costed. The public finances are in a challenging place, and reckless commitments only add to the prevailing sense of uncertainty. That is why it is so important to emphasise that our intention to scrap stamp duty on primary residences is costed, fully funded and fully paid for through our £47 billion savings package. Our plan is clear: it is costed and it is rooted in a belief that home ownership should be within reach of the next generation, just as it was for our own.

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