Conservative Party Conference Speech: Stamp Duty Abolition Pledge

Kemi Badenoch

Conservative Party (2025)

TL;DR

Badenoch pledged to abolish stamp duty on primary homes at October 2025 conference.

Conservative leader's October 2025 pledge to abolish stamp duty on primary residences. Significant political signal that property tax reform may become mainstream policy debate, funded by proposed £47bn spending cuts.

Key Findings from Badenoch (2025)

  • Pledge to abolish SDLT on primary residences for UK residents
  • Described stamp duty as 'unconservative' and 'a barrier to mobility'
  • Funded by £47bn spending cuts (welfare, civil service, overseas aid)
  • IFS estimates cost at £4.5bn; Conservative estimate £9bn

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