Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what progress he has made in raising stamp duty for foreign buyers of UK property.

At Budget 2018, the government announced it would consult on a new one per cent Stamp Duty Land Tax surcharge for non-UK residents purchasing residential property in England and Northern Ireland.

The consultation, published on 11 February 2019, sets out the proposed design of the surcharge. The government welcomes comments from individuals, companies, advisers, representative bodies and others who would be affected by these changes. The consultation will run until 6 May 2019 and is available at:

https://www.gov.uk/government/consultations/stamp-duty-land-tax-non-uk-resident-surcharge-consultation.