Question to the HM Treasury:

To ask the Chancellor of the Exchequer, pursuant to the Answer of 20 February 2022 to Question 142738 on Stamp Duty Land Tax, if he will make an assessment of the potential impact of applying the discount up front on the number of properties homebuyers will have to choose from.

Stamp Duty Land Tax (SDLT) is a transaction tax and becomes payable at the time a property is purchased. The tax has to be able to apply in a range of different situations.

The Government has no plans at present to change the SDLT higher rates exceptional circumstances provisions, but it keeps all tax policy under review.