Mr Peter Bedford

Mr Peter Bedford

Conservative — Mid Leicestershire

Speaking in the House of Commons on 28 October 2025

Debate

Stamp Duty Land Tax

Contribution

I thank my hon. Friend for making an excellent point. Many people come to my surgeries and make that point month in, month out. That is why this Conservative motion matters. By abolishing stamp duty, we would be empowering young people to aspire to own their own homes and invest in their own futures. That is what a responsible Government do, giving people the tools to achieve their ambitions. This policy will not only transform lives, but boost the economy, stimulate growth in the property market and add an incredible £17 billion to our GDP over 10 years. We saw the results when the last Conservative Government cut stamp duty in 2021. People took the opportunity to invest in their own futures. This is the Conservative way: lower taxes, greater ownership and rediscovered aspiration. I will be voting for this aspirational motion tabled by the Leader of the Opposition, who understands that it is not just a question of economics, but a question of values. We should choose freedom over control, ambition over dependency and aspiration over stagnation. That is the Conservative vision for Britain, and it is one that I know my constituents in Mid Leicestershire—particularly the young people—will get behind.

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