Conservative leader Kemi Badenoch’s headline policy proposal from conference season was a pledge to scrap stamp duty.

The tax is paid when people buy homes in England and Northern Ireland with the amount dependant on how much the property is bought for. No stamp duty is paid on homes bought for less than £125,000 while first-time buyers do not pay anything for homes bought for under £300,000.

“Stamp duty is a bad tax,” said Badenoch.

“We must free up our housing market, because a society where no one can afford to buy or move is a society where social mobility is dead.”

Here’s the argument for and against scrapping stamp duty.

Why stamp duty should be scrapped

House prices are already unaffordable for many – costing 7.7 times the average salary in England – and stamp duty can both

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