Energy: Housing

(asked on 11th May 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, if he will make it his policy to introduce an energy saving stamp duty incentive as part of the residential property conveyancing process.


Answered by
Lucy Frazer Portrait
Lucy Frazer
Secretary of State for Culture, Media and Sport
This question was answered on 19th May 2022

The Government does not have any plans to reform Stamp Duty Land Tax (SDLT).

SDLT is charged on the purchase of property or land in England and Northern Ireland where the value is over £125,000. First-time buyers do not pay any SDLT on purchases below £300,000. Introducing incentives based on energy consumption would add significant complexity to the operation of the current system.

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