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1175231
registered interest false remove filter
date remove maximum value filtermore like thismore than 2020-01-22
answering body
Ministry of Housing, Communities and Local Government more like this
answering dept id 7 more like this
answering dept short name Housing, Communities and Local Government more like this
answering dept sort name Housing, Communities and Local Government more like this
hansard heading Housing more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what assessment they have made of (1) the current state of the UK housing market, and (2) how that market may be affected by Brexit. more like this
tabling member printed
Baroness Mone remove filter
uin HL706 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-05more like thismore than 2020-02-05
answer text <p>As a matter of course the department works closely with industry and all levels of government to monitor and assess the future of the UK housing market.</p><p>We are  committed to delivering safe, secure and affordable housing to people across the country, and this has not changed. A key pillar of realising this commitment is our ambition to deliver more homes for the communities up and down the country that need them. We have made necessary legislation that means the UK’s regulatory requirements on construction products are the same as the EU’s requirements.</p><p> </p> more like this
answering member printed Viscount Younger of Leckie more like this
question first answered
less than 2020-02-05T16:27:03.84Zmore like thismore than 2020-02-05T16:27:03.84Z
answering member
4169
label Biography information for Viscount Younger of Leckie more like this
tabling member
4544
label Biography information for Baroness Mone more like this
1175232
registered interest false remove filter
date remove maximum value filtermore like thismore than 2020-01-22
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Housing: Taxation more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what plans they have to introduce new tax incentives in their next budget to support the UK housing market. more like this
tabling member printed
Baroness Mone remove filter
uin HL707 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-05more like thismore than 2020-02-05
answer text <p>The Government has already made substantial reforms to the taxation of housing. At Autumn Statement 2014 the Government reformed SDLT on residential properties, cutting the tax for 98 per cent of buyers who pay it, unless they are purchasing additional property. At Autumn Budget 2017 the Government went further and introduced an SDLT first-time buyer relief that means that 80 per cent of first-time buyers will not pay SDLT, and 95 per cent of first-time buyers who pay SDLT will benefit from the change.</p><p> </p><p>At the last election the Government committed to introduce an SDLT surcharge on non-UK residents purchasing residential property in England and Northern Ireland. This aims to help control house price inflation and the money raised will be used to tackle rough sleeping.</p><p> </p><p>The Government will announce further updates on all tax measures at the Budget, to be held on 11 March.</p> more like this
answering member printed The Earl of Courtown more like this
grouped question UIN HL709 more like this
question first answered
less than 2020-02-05T17:32:33.623Zmore like thismore than 2020-02-05T17:32:33.623Z
answering member
3359
label Biography information for The Earl of Courtown more like this
tabling member
4544
label Biography information for Baroness Mone more like this
1175234
registered interest false remove filter
date remove maximum value filtermore like thismore than 2020-01-22
answering body
Ministry of Housing, Communities and Local Government more like this
answering dept id 7 more like this
answering dept short name Housing, Communities and Local Government more like this
answering dept sort name Housing, Communities and Local Government more like this
hansard heading Housing more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what plans they have to introduce new non-tax incentives after Brexit to support the UK housing market. more like this
tabling member printed
Baroness Mone remove filter
uin HL708 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-03more like thismore than 2020-02-03
answer text <p>This Government is committed to delivering safe, secure and affordable housing to people across the country and is working closely with the industry to support the market.</p><p>I am focused on delivering the comprehensive suite of housing measures set out in the manifesto to deliver at least another million homes in the next five years and make further progress towards the target of 300,000 new houses a year by the mid-2020s.</p><p>This includes ambitious measures such as renewing the Affordable Homes Programme, making the planning system simpler, and a new single housing infrastructure fund.</p> more like this
answering member printed Viscount Younger of Leckie more like this
question first answered
less than 2020-02-03T17:02:23.007Zmore like thismore than 2020-02-03T17:02:23.007Z
answering member
4169
label Biography information for Viscount Younger of Leckie more like this
tabling member
4544
label Biography information for Baroness Mone more like this
1175235
registered interest false remove filter
date remove maximum value filtermore like thismore than 2020-01-22
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Housing: Taxation more like this
house id 2 remove filter
legislature
25277
pref label House of Lords more like this
question text Her Majesty's Government what plans they have to reform (1) tax relating to the housing market, and (2) stamp duty, following Brexit. more like this
tabling member printed
Baroness Mone remove filter
uin HL709 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-02-05more like thismore than 2020-02-05
answer text <p>The Government has already made substantial reforms to the taxation of housing. At Autumn Statement 2014 the Government reformed SDLT on residential properties, cutting the tax for 98 per cent of buyers who pay it, unless they are purchasing additional property. At Autumn Budget 2017 the Government went further and introduced an SDLT first-time buyer relief that means that 80 per cent of first-time buyers will not pay SDLT, and 95 per cent of first-time buyers who pay SDLT will benefit from the change.</p><p> </p><p>At the last election the Government committed to introduce an SDLT surcharge on non-UK residents purchasing residential property in England and Northern Ireland. This aims to help control house price inflation and the money raised will be used to tackle rough sleeping.</p><p> </p><p>The Government will announce further updates on all tax measures at the Budget, to be held on 11 March.</p> more like this
answering member printed The Earl of Courtown more like this
grouped question UIN HL707 more like this
question first answered
less than 2020-02-05T17:32:33.657Zmore like thismore than 2020-02-05T17:32:33.657Z
answering member
3359
label Biography information for The Earl of Courtown more like this
tabling member
4544
label Biography information for Baroness Mone more like this