UK Parliament / Open data

Housing and Planning Bill

On the question of affordability and starter homes, the hon. Member for Hornsey and Wood Green (Catherine West) mentioned the average deposit in London. However, a very big cash cost for any first-time buyer—or indeed any buyer—is stamp duty. Can the Minister confirm that the stamp duty payable on a starter home would apply to the discounted price and would therefore also be 20% lower?

Type
Proceeding contribution
Reference
609 c64 
Session
2015-16
Chamber / Committee
House of Commons chamber
Subjects
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