STAMP DUTY

Early day motion 311, tabled 1 December 2009 by Lindsay Hoyle (Labour). Signed by 48 members.

That this House notes that the current exemption from stamp duty on properties valued at £175,000 or less is due to expire on 31 December 2009; recognises the importance of the current exemption in helping stimulate the housing market which has witnessed rising prices for the past seven months; further notes the need to continue helping families and individuals to buy property in the current economic climate; and urges the Government to extend the stamp duty exemption in order to stimulate the housing market further and to help the economy grow in 2010.

Signatures by party: Labour 33, Conservative 5, DUP 4, Independent 2, Liberal Democrat 2, Social Democratic and Labour Party 2.