Skip to main content

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

Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.