MPs urge government to consult on stamp duty alternatives by end of 2026

The Housing, Communities and Local Government Committee's affordable homeownership report, published 9 June, calls on the Treasury and MHCLG to consult on alternatives to stamp duty, arguing the tax slows transactions and reduces affordability. Options floated include lower rates, rebanded thresholds or full replacement with a revenue-neutral alternative. For buyers, particularly home movers, reform could cut upfront costs meaningfully. This is a committee recommendation, not government policy - no consultation has been launched yet.