Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what recent assessment she has made of the potential impact of levels of stamp duty on the housing market.

At this Government’s first Budget, we made changes to stamp duty to help give first-time buyers, and other people buying a home to live in, an advantage over those buying second homes, third homes, or more.

The independent Office of Budget Responsibility estimated that the changes will result in 130,000 additional transactions over the next five years by first-time buyers and other people buying a primary residence.

We are proud of that record.