Advertisements
What She Actually Said
At the 2025 Conservative Party Conference, Badenoch announced her intention to scrap stamp duty land tax (SDLT) on main residences for UK residents if her party wins the next general election.
The plan, however, excludes:
- Second or holiday homes
- Buy-to-let or investment properties
- Properties purchased through companies
- Purchases by non-UK residents
According to internal Treasury estimates, this policy could cost the government around £9 billion per year in lost tax receipts — making it one of the largest tax reforms proposed in recent years. Expand more to see the benefits