Conservatives would scrap stamp duty on main homes, Badenoch says

Conservatives leader Kemi Badenoch has announced plans to scrap stamp duty on primary residences to help achieve home ownership dreams, receiving a standing ovation at the party conference in Manchester. Badenoch aims to create a fairer society with this move, highlighting the need to free up the housing market for more people to afford homes. The proposal, estimated to cost around £4.5bn, will be funded by savings from the welfare budget and foreign aid, with exemptions for additional properties, company purchases, and non-UK residents.