In June 2024 Rishi Sunak unveiled a "new and improved" Help to Buy scheme which permanently abolish stamp duty for first-time buyers on homes up to £425,000, if he wins the general election. The Conservative manifesto - setting out the party's policy priorities for government - also includes a target of 1.6 million new homes over five years, slightly more than Labour is promising.
Statistics are shown for this demographic
Parish
Response rates from 142 BS1 voters.
81% Yes |
19% No |
81% Yes |
19% No |
Trend of support over time for each answer from 142 BS1 voters.
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Trend of how important this issue is for 142 BS1 voters.
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Unique answers from BS1 voters whose views went beyond the provided options.
@9PY6ZRH8mos8MO
Stamp duty should be controlled by local regional government and % payed on average property price's for the local area.
@9PG852L8mos8MO
The government should abolish stamp duty for home purchases under £400,000 but only for people who own one home only.
@9PD54BP8mos8MO
Abolish stamp duty for buying any house at any price provided it is your only house (or you have 6 months to sell your old house). Tax second houses with 15% stamp duty.
@9P9LYPQ8mos8MO
I think that this would have the unintended consequence of inflating the value of properties under £425k. The bigger objective should be to discourage commercial practices that inflate the whole housing market and price regular people out.
@9P892LL8mos8MO
Yes, but should be a set at a lower maximum value of the home, such as 250k, otherwise it will push up property prices further. If you can afford a mortgage for 425k, you can afford the stamp duty.
@9P83DWS8mos8MO
Stamp duty threshold should be track at 10% above the national average house price ensuring those buying an average house are not subject to yet another unfair tax.
@9P7NVSZ8mos8MO
Id rather higher rate of income tax than an other form of tax. Therefore those who earn more pay more. The economy would be better if the population could spend what little money they have
@9P7K6HT8mos8MO
Yes, and dramatically increase stamp duty for domestic and foreign property speculators who bulk-purchase residential property
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