Parliamentary Search

Written question asked by Bell Ribeiro-Addy (Labour) on Wednesday, 13 May 2026, in the House of Commons. It was due for an answer on Monday, 18 May 2026. It was answered by Dan Tomlinson (Labour) on Thursday, 21 May 2026 on behalf of the Treasury.

Stamp Duty Land Tax: Tax Allowances

Question

To ask the Chancellor of the Exchequer, whether she has considered the merits of introducing a stamp duty relief on second home purchases by leaseholders impacted by cladding issues and remediation delays who are unable to sell their property.

Answer

A refund of the higher rate of Stamp Duty Land Tax (SDLT) paid when purchasing additional property can be claimed if an old main residence is sold within three years of the purchase of the new main residence. For most people, three years is enough time to sell a previous main residence.

However, the Government recognises that there will sometimes be exceptional circumstances, for example, where issues with cladding have delayed a sale, which are not within the control of the seller and mean that a previous main residence cannot be sold within three years, and where a refund outside of the three year period may be given. Further guidance from HMRC is available here: https://www.gov.uk/guidance/stamp-duty-land-tax-buying-an-additional-residential-property

The Remediation Bill announced at the King’s Speech will speed up remediation for people living in homes with unsafe cladding.

Secondary information

Type
Written question
Reference
404
Session
2026-27
Subjects
Buildings Leasehold Insulation Tax allowances Stamp duty land tax
Link
View this Written question on www.parliament.uk