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.
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.