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United Kingdom · Question · Written question

UIN 174790

Second Homes: Rural Areas

answeredUnited Kingdom· UK Parliament· EN

Introduced

24 March 2021

Last action

19 April 2021 · Answer

Status

Answered

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Discovery layer

Source updated

19 April 2021

Summary

To ask the Chancellor of the Exchequer, what assessment he has made of the effect of the Stamp Duty holiday on the number of second homes purchased in rural communities.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 24 March 2021

    Written question

    To ask the Chancellor of the Exchequer, what assessment he has made of the effect of the Stamp Duty holiday on the number of second homes purchased in rural communities.

    Source: Commons

  2. 19 April 2021

    Answer

    The temporary increase in the Stamp Duty Land Tax nil rate band was designed to create immediate momentum within the property market, where property transactions fell by as much as 50 per cent during the COVID-19 lockdown in March. The downturn in the mar...

    Source: Written answer

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