Five ways abolishing stamp duty could change the housing market
39 minutes ago Share Save Kevin Peachey Cost of living correspondent Share Save
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The debate around stamp duty is intensifying. When Kemi Badenoch said a future Conservative government would abolish it on the purchase of main homes, it went down well at the Tory Party conference. There has also been speculation that the Chancellor, Rachel Reeves, is considering replacing it. Scrapping stamp duty would be popular among some home buyers, including first-time buyers. But, analysts say there would be some significant consequences of scrapping stamp duty for primary residences, affecting buyers, sellers and the wider UK economy.
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