Stamp Duty

Meeting: 
MQT on 2016-09-14
Session date: 
September 14, 2016
Reference: 
2016/3502
Question By: 
Fiona Twycross
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

A constituent has asked will you lobby the Government to waive stamp duty for pensioners downsizing to leasehold retirement accommodation this may encourage more older homeowners to buy smaller retirement properties and thereby release larger family accommodation on to the housing market?

Answer

Answer for Stamp Duty

Answer for Stamp Duty

Answered By: 
The Mayor

This is an interesting idea which I will consider in the context of seeking full devolution of Stamp Duty to London.