Written Question·Treasury·UIN 14692

Stamp Duty Land Tax: First Time Buyers

Tabled: 18 November 2024
Answered: 21 November 2024
Named Day

Question

Sarah Owen

LabourLuton North

To ask the Chancellor of the Exchequer, what steps she is taking to support first time buyers with stamp duty.

Answer

James Murray
At Autumn Budget 2024, the higher rates of Stamp Duty Land Tax (SDLT) for additional dwellings were increased by two percentage points from 3% to 5%. This measure will ensure that those looking to move home, or purchase their first property, have a greate...

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