Stamp duty reform needed to help first-time buyers afford homes, say MPs

Higher house prices in locations such as London often mean that buyers face particularly high stamp duty costs (Jonathan Brady/PA) - (PA Archive)

The Government should reform stamp duty to help more people get on the property ladder, a committee of MPs has urged.

A consultation should be launched by the end of 2026 to examine potential alternatives, the Housing, Communities and Local Government Committee said.