Tag: scrap
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Kemi Badenoch unveils plan to scrap stamp duty
At the 2025 Conservative Party Conference, Kemi Badenoch announced that the next Conservative government would abolish stamp duty on primary residences. The tax, which currently generates around £8.6 billion a year for the Treasury, would remain for second homes, corporate buyers, and non-UK residents. Badenoch framed the move as a way to make homeownership more…
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Calls grow to scrap Section 106 amid housing delays
Industry leaders and self-builders are calling for Section 106 payments to be scrapped, blaming them for delaying thousands of affordable homes across England and Wales. Over 17,000 homes are currently stalled because housing associations lack the funds to buy these properties from developers. While the government has introduced a clearing service to help unblock this…