First Time Buyers: Stamp Duty Land Tax
(asked on 6th December 2017) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the number of first-time buyers who will benefit from the changes to stamp duty announced in Autumn Budget 2017 in each of the next five years.
The estimated numbers of purchases benefitting from the Stamp Duty Land Tax relief for first-time buyers in the UK in each of the next five years are as follows:
| England and Northern Ireland |
2018/19 | 209,000 |
2019/20 | 213,000 |
2020/21 | 216,000 |
2021/22 | 219,000 |
2022/23 | 223,000 |
SDLT is devolved in Scotland and will be devolved to Wales from April 2018. The figures in the table therefore relate to England and Northern Ireland. HMRC is unable to provide estimates for first time buyers at a constituency level.