To ask Her Majesty's Government what plans they have, if any, to extend the stamp duty holiday; and if they do have such plans, what assessment they have made of the impact of an extension on the benefits to local economies.
Answered on
3 August 2021
The Government does not plan to extend the SDLT holiday.
The SDLT holiday was a temporary measure introduced in July 2020 to create immediate momentum in the property market, supporting jobs in the industry.
The £500,000 threshold was stepped down to £250,000 on 1 July 2021 and will return to the normal level of £125,000 on 1 October 2021.
Answered by
Treasury