Lord Taylor of Warwick: To ask Her Majesty's Government
what plans they have, if any, to extend the stamp duty holiday; and if they do
have such plans, what assessment they have made of the impact of an extension
on the benefits to local economies.
Lord Agnew of Oulton: The Government does not plan to
extend the SDLT holiday. The SDLT holiday was a temporary measure introduced in
July 2020 to create immediate momentum in the property market, supporting jobs
in the industry. The £500,000 threshold was stepped down to £250,000 on 1 July
2021 and will return to the normal level of £125,000 on 1 October 2021.
http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Lords/2021-07-20/HL2244
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