Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what plans he has to introduce a surcharge on purchases of property in the UK for overseas buyers.

The Government is committed to introducing a new Stamp Duty Land Tax (SDLT) surcharge on non-UK residents purchasing residential property in England and Northern Ireland. The surcharge will help control house price growth and therefore help those residents in the UK to get on to the housing ladder. The revenue raised by the surcharge will be used to tackle rough sleeping.

The Government will announce further updates on all tax measures at the Budget, which the Chancellor has announced will be held on 11 March.