Housing: Ownership

Summary

To ask the Secretary of State for Levelling Up, Housing and Communities, whether his Department is taking steps to help tackle potential distortions of the property market by foreign ownership of residential property in the UK.

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Timeline

1. 26 February 2024

   Written question

   To ask the Secretary of State for Levelling Up, Housing and Communities, whether his Department is taking steps to help tackle potential distortions of the property market by foreign ownership of residential property in the UK.

   Source: Commons

2. 5 March 2024

   Answer

   The Government applies a non-resident Stamp Duty Land Tax surcharge of 2 percentage points on overseas purchasers of UK residential property. Companies House collects information about all overseas-based entities owning UK land and we have powers in the L...

   Source: Written answer

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• · Department for Levelling Up, Housing and Communities · Answering body

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