HC Deb 03 June 1980 vol 985 cc648-9W
Mr. Onslow

asked the Chancellor of the Exchequer what was the estimated yield of stamp duty paid by first-time home buyers in each of the latest three years for which figures are available.

Mr. Peter Rees

A precise estimate is not available, but information published by the Building Societies Association suggests that the stamp duty paid by those first-time buyers who took out a building society mortgage was about £30 million in 1979–80 but less than £10 million in both 1977–78 and 1978–79.

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