Written Question·Treasury·UIN 24777

First Time Buyers: West Dorset

Tabled: 17 January 2025

Answered: 27 January 2025

Question

Edward Morello

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of reducing the stamp duty tax-free threshold for first-time buyers on rural housing affordability in West Dorset constituency.

Answer

James Murray

In September 2022, the previous government announced a change to the level at which purchasers of residential property start paying Stamp Duty Land Tax (SDLT), from £125,000 to £250,000. This change was made temporary in November 2022, and the rate will r...

ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 24777) →