Question to the HM Treasury:
To ask the Chancellor of the Exchequer, if she will make an estimate of the number of first-time buyers in London that may be subject to stamp duty from April 2025, in the context of proposed changes to the rate of stamp duty relief.
Statistics on the number of claimants of First Time Buyers’ Relief on Stamp Duty Land Tax by region of England are included within Table 9 of the ‘UK Stamp Tax statistics’ publication available here: https://www.gov.uk/government/statistics/uk-stamp-tax-statistics. The most recent data covers the financial year 2022 to 2023.
Regional projections of the number of first-time buyers subject to Stamp Duty Land Tax are not available.