PARLIAMENTARY WRITTEN QUESTION
Building Regulations (7 June 2021)

To ask the Chancellor of the Exchequer, whether his Department has made an assessment of the potential merits of extending the stamp duty window for those who are unable to sell their property as a result of new building regulations.

Asked by:
Marsha De Cordova (Labour)

The temporary SDLT relief was designed to stimulate immediate momentum in a property market where property transactions fell by as much as 50 per cent during the COVID-19 lockdown in March. This momentum in the property market has supported jobs which rely on custom from the property industry, such as retailers and tradespeople.

The SDLT holiday was extended to ensure that purchases that were unable to complete before 31 March because of delays in the sector are able to receive the relief. The Government will not extend the temporary relief further for any transactions.

Answered by:
Jesse Norman (Conservative)
15 June 2021