Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to paragraph 5.5 of the Autumn Budget 2017, if his Department will make an estimate of how many first-time buyers will benefit from the proposed relief to Stamp Duty Land Tax to help young people buy their first home in (a) Jarrow constituency, (b) South Tyneside, (c) the North East and (d) England.
The number of purchases benefitting from the Stamp Duty Land Tax relief for first-time buyers in the North East is estimated to be 7,000 in 2018-19. The number of purchases benefitting in England is estimated to be 205,000 in 2018-19.
HMRC is unable to provide estimates for first time buyers at a constituency or local authority level.