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Stamp Duties

Question for Treasury

UIN 73029, tabled on 13 July 2020

To ask the Chancellor of the Exchequer, whether eligibility for the increase in the stamp duty threshold (a) is extended to UK residents only and (b) includes overseas property investors.

Answered on

21 July 2020

The temporary increase in the nil rate band of residential SDLT from £125,000 to £500,000 will apply to all purchases of residential property in England and Northern Ireland, regardless of the residence status of the purchaser.

Answered by

Treasury