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Stamp Duty Land Tax: First Time Buyers

Question for HM Treasury

UIN 904051, tabled on 22 February 2018

What assessment he has made of the effectiveness of changes to stamp duty in helping first-time buyers.

Answered on

27 February 2018

The stamp duty relief for first-time buyers announced at Autumn Budget 2017 has already helped thousands of people getting on to the property ladder, and is expected to benefit over one million first-time buyers over the next five years. The reform is part of a wider package to improve the housing market and significantly increase the supply of housing in the UK.

Answered by

Treasury
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