Property: Spain

(asked on 21st January 2025) - View Source

Question to the Ministry of Housing, Communities and Local Government:

To ask His Majesty's Government whether they plan respond to proposals by the government of Spain prohibiting non-EU citizens from buying property by prohibiting non-resident Spanish citizens from buying houses in the United Kingdom.


Answered by
Baroness Taylor of Stevenage Portrait
Baroness Taylor of Stevenage
Baroness in Waiting (HM Household) (Whip)
This question was answered on 4th February 2025

The government does not have plans to place specific restrictions on Spanish citizens buying UK residential property. We have already acted on overseas buyers in the housing market by raising the Stamp Duty Higher Rate for Additional Dwellings by 2 percentage points to 5%. This will raise £310 million by 2029-30 and help to rebalance the housing market towards those who want to buy property for use as a primary residence.

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