Written Question·Treasury·UIN 42010

Stamp Duty Land Tax: First Time Buyers

Tabled: 27 March 2025
Answered: 1 April 2025
Named Day

Question

Bell Ribeiro-Addy

Labour — Clapham and Brixton Hill

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of incoming stamp duty thresholds on first-time buyers in (a) London and (b) other high cost areas.

Answer

James Murray
Stamp Duty Land Tax (SDLT) is an important source of Government revenue, raising around £12 billion each year to help pay for the essential services the Government provides. In September 2022, the previous Government announced a change to the level at whi...
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