Sunak pledges to keep stamp duty threshold at £425k for first-time buyers

Pledge comes as parties prepare to launch their manifestos, with Labour to offer support for small businessesThe Conservatives would permanently scrap stamp duty on homes up to £425,000 for first-time buyers, Rishi Sunak is expected to pledge in the party’s election manifesto, in a move that would affect 200,000 households annually.The threshold was raised from £300,000 to £425,000 in the September 2022 mini-budget as a temporary relief measure that is due to expire next March. Continue reading...

Jun 8, 2024 - 16:30
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Sunak pledges to keep stamp duty threshold at £425k for first-time buyers

Pledge comes as parties prepare to launch their manifestos, with Labour to offer support for small businesses

The Conservatives would permanently scrap stamp duty on homes up to £425,000 for first-time buyers, Rishi Sunak is expected to pledge in the party’s election manifesto, in a move that would affect 200,000 households annually.

The threshold was raised from £300,000 to £425,000 in the September 2022 mini-budget as a temporary relief measure that is due to expire next March. Continue reading...

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