We Will Abolish Stamp Duty For 8 Out Of 10 First Time Buyers And Inheritance Tax On Homes Under £1 Million

Mr. Brown’s property tax hikes have helped kick a whole generation off the housing ladder. We will address this injustice in two key ways:
• Scrap Stamp Duty for first-time buyers on homes up to £250,000, so that nine out of ten pay no tax at all
• Abolish Home Information Packs which have made moving house even more expensive and difficult
Whereas Labour have curtailed the right of social tenants to own their home, a Conservative Government will make it easier for social tenants to own or part-own their home. This will not only help people up the housing ladder, but also ensure residents have greater pride and a greater stake in their community.