Written questions

Stamp Duties: First Time Buyers

Commons · Question 66816 · Tabled 10 Jul 2025 · Treasury · Official record

Answered 15 Jul 2025

Question

Asked by Freddie van Mierlo

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential impact of recent changes to stamp duty thresholds on the number of first time buyers entering the property market.

Answer

Answered by James Murray, 15 Jul 2025

Recent changes to stamp duty thresholds on 1 April 2025 were the result of policy introduced by the previous government. HMRC analysis estimates that there will be 4,000-6,000 fewer first-time buyer transactions per year between 2025/26-2029/30 as a resul...