Budget Resolutions
Debate between Liz Kendall and Nadine Dorries(7 years ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Ms Dorries
Absolutely. I was coming to exactly that point. I have spoken to members of staff here, and one of the most startling facts about them is that they have to wait until they are in at least their mid-30s before they can even think of putting their feet on the property ladder. I hope the measures announced today—the abolition of stamp duty and so on—will help them become homeowners.
Liz Kendall (Leicester West) (Lab)
I am listening carefully to the hon. Lady, and I have been a long-standing champion of people being able to own their own homes, but has she read what the OBR says about the stamp duty measure—that it will not help first-time buyers but push up prices by far more than people will save?
Ms Dorries
The Chancellor made the point that other measures, such as on investment, would need to be implemented in conjunction with the abolition of stamp duty.