Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he plans to extend the stamp duty land tax holiday to people who have been unable to sell their flats as a result of unsafe cladding.

The temporary Stamp Duty Land Tax relief concluded on 30 September 2021. The Government does not currently have any plans to reintroduce the relief for properties with fire safety concerns.

The temporary relief was designed to create immediate momentum in the property market, in turn supporting jobs which rely on custom from the property industry, such as retailers and tradespeople.

The Government is investing over £5 billion in building safety, including an additional £3.5 billion announced in February by the Housing Secretary for the remediation of unsafe cladding for all leaseholders in high rise residential buildings.