United Kingdom · Question · Written question
UIN 2873
First Time Buyers
Introduced
30 August 2024
Last action
9 September 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
9 September 2024
Summary
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential (a) merits of extending First Time Buyers’ Relief after March 2025 and (b) impact of not extending First Time Buyers’ Relief after March 2025 on first time buyers.
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Timeline
30 August 2024
Written question
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential (a) merits of extending First Time Buyers’ Relief after March 2025 and (b) impact of not extending First Time Buyers’ Relief after March 2025 on first time buyers.
Source: Commons
9 September 2024
Answer
The level at which purchasers of residential property start paying Stamp Duty Land Tax (SDLT) is currently £250,000, and this is due to revert to £125,000 on 1 April 2025. For first-time buyers, the nil-rate band is currently £425,000 and the purchase pri...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-08-30/2873
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1725595
- uk · wq-1725595 · source updated 9 September 2024