Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, whether the Higher Stamp Duty Land Tax rates announced in Budget 2016 will be levied on properties acquired by social landlords under Section 106 of the Town and Country Planning Act 1990.

The higher rates of Stamp Duty Land Tax (SDLT) for additional properties was introduced to try to make it fairer for people trying to get their foot on the property ladder. Under SDLT legislation, there are exemptions to the tax, including the higher rates, for certain acquisitions by registered social landlords.