@thisismoney: ANDY BURNHAM REPORTEDLY CONSIDERING SCRAPPING STAMP DUTY FOR HOME BUYERS 🏠💷 Prime Minister Andy Burnham is reportedly considering scrapping stamp duty as part of plans to make buying a home more affordable and support the UK housing market. The potential move would aim to reduce upfront costs for buyers, particularly first-time buyers who are facing rising house prices and larger deposits. Supporters argue that removing stamp duty could help more people get onto the property ladder and encourage movement in the housing market. However, critics warn that cutting the tax could push up house prices by increasing demand without addressing the underlying shortage of homes. No final decision has been announced, but the proposal is being considered as part of Burnham’s wider focus on tackling the cost of living and housing pressures. #ThisIsMoney #Money #News #UK

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Wednesday 22 July 2026 11:44:26 GMT