PolicyImpact 5/9 · medium10 June 2026 at 10:00

Cross-party MPs urge Reeves to consult on replacing stamp duty by end of 2026

The Housing, Communities and Local Government Committee has called on the Chancellor to launch a consultation before the end of the year on reforming or replacing stamp duty, calling the tax a barrier to ownership and mobility. Transaction taxes suppress moves at both ends of the chain, so a credible reform signal matters for activity. For buyers and sellers, nothing changes yet — this is a recommendation, not policy, and the committee itself warns against short-term fixes that distort the market.

What this means for…

Buyers· 2/3

Sellers· 1/3

Wider market· 2/3

Each axis scored 1 (minor) to 3 (major). Total 5/9.

Source

HCLG Committee via Property Industry Eye

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