Written Question·Ministry of Housing, Communities and Local Government·UIN 19937
Housing: Foreign Nationals
Tabled: 12 December 2024
Answered: 20 December 2024
Question
Rupert Lowe
Restore Britain — Great Yarmouth
To ask the Secretary of State for Housing, Communities and Local Government, if she will introduce legislation to prohibit non-resident foreigners from purchasing residential property in the UK.
Answer
Matthew PennycookThe 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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