Brown’s zero carbon Stamp Duty exemption is an “empty pledge”

SmartNewHomes calls Brown’s pledge to exempt zero carbon homes under £500,000 from Stamp Duty an “empty pledge”.

David Bexon, managing director of SmartNewHomes.com, says: “I welcome any initiative that aims to cut carbon emissions and encourage the future development of zero carbon homes across the UK.

“However, I fear that Government’s latest pledge of Stamp Duty exemption is nothing more than an empty gesture if earlier admissions from the Treasury are true, that there are currently only 24 carbon zero homes in the UK.”