Business of the House

Many of my constituents who currently find themselves in unsaleable flats owing to fire safety concerns would like to let their properties so that they can purchase a second, larger property, suitable for a family, but they are anxious about doing so in case their fire safety issue cannot be resolved within three years and they are not able to reclaim the additional home stamp duty surcharge. Can we have a statement from the Chancellor of the Exchequer on whether Her Majesty’s Revenue and Customs will consider such circumstances as exceptional and extend the three-year time frame in which additional home stamp duty surcharge can be reclaimed if the purchaser can demonstrate that they cannot sell their first property owing to issues with cladding and fire safety defects? As the Chancellor will be aware, such circumstances are outside the control of hundreds of thousands of leaseholders, not only in the Hendon constituency, but across the country, due to no fault of their own?