Written Question·Ministry of Housing, Communities and Local Government·UIN 19936

Housing: Foreign Nationals

Tabled: 12 December 2024

Answered: 20 December 2024

Question

Rupert Lowe

To ask the Secretary of State for Housing, Communities and Local Government, if she will make an assessment of the potential merits of implementing restrictions on foreign (a) nationals and (b) companies purchasing new houses.

Answer

Matthew Pennycook

The government made clear in its manifesto that we would increase the non-resident Stamp Duty Land Tax surcharge by one percentage point.At the Budget, we decided to go further and instead increased the Higher Rate for Additional Dwellings by 2 percentage...

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