Prime Purchase welcomes Conservative petition to scrap Stamp Duty on main homes

Ollie Marshall (pictured), director of Prime Purchase, has welcomed the Conservatives’ petition urging Labour to scrap Stamp Duty on main homes. 

This follows criticism from industry experts and property groups about the negative impact of Stamp Duty on first-time buyers (FTBs) and families trying to move up the property ladder.

Marshall said: “Finally, the Conservatives’ petition urging Labour to scrap stamp duty on main homes is one worth voting for.

“Removing stamp duty would be transformative, as it is one of the UK’s most toxic taxes. Not only is it a tax on aspiration but it punishes young, growing families.

“Stamp duty is a constant handbrake on people’s lives, not to mention the wider economy.”

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