Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of converting short-term tenancies into periodic tenancies on the number of tenancies required to make anniversary calculations for Stamp Duty Land Tax.

Tenant wellbeing is central to the government’s recent Renters’ Rights Act, which will transform the experience of private renting, and give renters much greater security and stability so they can stay in their homes for longer. We are aware that the Act, which abolishes fixed-term tenancies, may bring these tenancies into the SDLT regime. We will act to ensure that no one will be brought into paying SDLT as a result of the Renters’ Rights Act. We will update the House with more detail shortly.