Skip to main content

Reduced Rates Of Stamp Duty On House Purchase

Volume 950: debated on Tuesday 16 May 1978

The text on this page has been created from Hansard archive content, it may contain typographical errors.

"Section 55 of the Finance Act 1963 (rates of ad valorem duty on conveyance or transfer on sale), as amended by Schedule 11 to the Finance Act 1974, shall be further amended as follows:

  • (a) In paragraph (a) of subsection (1), leave out "£15,000"and substitute "£20,000".
  • (b) In paragraph (b) of subsection (1), leave out £20,000" and substitute "£25,000".
  • (c) In paragraph (cI of subsection (1), leave out "£25,000" and substitute "£30,000".
  • (d) In paragraph (d) of subsection (1) leave out "£30,000"and substitute "£35,000"."—[Mr. Peter Rees.]
  • Brought up, and read the First time.

    Question put, That the clause be read a Second Time:—

    The Committee divided: Ayes 227, Noes 266.

    MacGregor, JohnPattie, GeoffreySpicer, Jim (W Dorset)
    MacKay, Andrew (Stechford)Percival, IanSpicer, Michael (S Worcester)
    Macmillan, Rt Hon M. (Farnham)Pink, R. BonnerSproat, Iain
    McNair-Wilson, M. (Newbury)Powell, Rt Hon J. EnochStainton, Keith
    McNair-Wilson, P. (New Forest)Prentice, Rt Hon RegStanbrook, Ivor
    Madel, DavidPrice, David (Eastleigh)Stanley, John
    Marshall, Michael (Arundal)Pym, Rt Hon FrancisSteen, Anthony (Wavertree)
    Marten, NeilRaison, TimothyStewart, Ian (Hitchin)
    Mates, MichaelRathbone, TimStokes, John
    Mather, CarolRees, Peter (Dover & Deal)Stradling Thomas, J.
    Maude, AngusRees-Davies, W. R.Tapsell, Peter
    Maudling, Rt Hon ReginaldRenton, Rt Hon Sir D. (Hunts)Taylor, Teddy (Cathcart)
    Mawby, RayRenton, Tim (Mid-Sussex)Tebbit, Norman
    Maxwell-Hyslop, RobinRhodes, James R.Temple-Morris, Peter
    Mayhew, PatrickRidley, Hon NicholasThomas, Rt Hon P. (Hendon S)
    Meyer, Sir AnthonyRidsdale, JulianTownsend, Cyril D.
    Miller, Hal (Bromsgrove)Roberts, Michael (Cardiff NW)Trotter, Neville
    Miscampbell, NormanRoberts, Wyn (Conway)van Straubenzee, W. R.
    Mitchell, David (Basingstoke)Ross, William (Londonderry)Viggers, Peter
    Moate, RogerRossi, Hugh (Hornsey)Wakeham, John
    Molyneaux, JamesRost, Peter (SE Derbyshire)Walder, David (Clitheroe)
    Montgomery, FergusRoyle, Sir AnthonyWalker, Rt Hon P. (Worcester)
    Moore, John (Croydon C)Sainsbury, TimWalker-Smith, Rt Hon Sir Derek
    More, Jasper (Ludlow)St. John-Stevas, NormanWall, Patrick
    Morgan, GeraintScott-Hopkins, JamesWalters, Dennis
    Morris, Michael (Northampton S)Shaw, Giles (Pudsey)Weatherill, Bernard
    Morrison, Charles (Devizes)Shaw, Michael (Scarborough)Wells, John
    Morrison, Hon Peter (Chester)Shelton, William (Streatham)Whitney, Raymond (Wycombe)
    Mudd, DavidShepherd, ColinWiggin, Jerry
    Nelson, AnthonyShersby, MichaelWinterton, Nicholas
    Neubert, MichaelSilvester, FredWood, Rt Hon Richard
    Newton, TonySims, RogerYounger, Hon George
    Onslow, CranleySinclair, Sir Georgs
    Osborn, JohnSkeet, T. H. H.TELLERS FOR THE AYES:
    Page, Rt Hon R. Graham (Crosby)Speed, KeithLord James Douglas-Hamilton and
    Page, Richard (Workington)Spence, JohnSir George Young.

    NOES

    Abse, LeoCrawshaw, RichardGourlay, Harry
    Allaun, FrankCronin, JohnGraham, Ted
    Anderson, DonaldCrowther, Stan (Rotherham)Grant, George (Morpeth)
    Archer, Rt Hon PeterCryer, BobGrimond, Rt Hon J.
    Armstrong, ErnestCunningham, Dr J. (Whiteh)Grocott, Bruce
    Ashley, JackDalyell, TamHamilton, James (Bothwell)
    Ashton, JoeDavidson, ArthurHamilton, W. W. (Central Fife)
    Atkins, Ronald (Preston N)Davies, Rt Hon DenzilHardy, Peter
    Barnett, Guy (Greenwich)Davies, Ifor (Gower)Harrison, Rt Hon Walter
    Barnett, Rt Hon Joel (Heywood)Davis, Clinton (Hackney C)Hattersley, Rt Hon Roy
    Bates, AlfDeakins, EricHayman, Mrs Helene
    Bean, R. E.Dean, Joseph (Leeds West)Healey, Rt Hon Denis
    Beith, A. J.de Freitas, Rt Hon Sir GeoffreyHenderson, Douglas
    Bennett, Andrew (Stockport N)Dempsey, JamesHooson, Emlyn
    Bidwell, SydneyDewar, DonaldHoram, John
    Bishop, Rt Hon EdwardDoig, PeterHowells, Geraint (Cardigan)
    Blenkinsop, ArthurDouglas-Mann, BruceHoyle, Doug (Nelson)
    Boardman, H.Eadie, AlexHuckfield, Les
    Boothroyd, Miss BettyEdge, GeoffHughes, Rt Hon C. (Anglesey)
    Bottomley, Rt Hon ArthurEllis, John (Brigg & Scun)Hughes, Mark (Durham)
    Boyden, James (Bish Auck)English, MichaelHughes, Robert (Aberdeen N)
    Bradley, TomEvans, Fred (Caerphilly)Hughes, Roy (Newport)
    Bray, Dr JeremyEvans, Gwynfor (Carmarthen)Hunter, Adam
    Brown, Hugh D. Provan)Evans, Ioan (Aberdare)Irvine, Rt Hon Sir A. (Edge Hill)
    Brown, Robert C. (Newcastle W)Evans, John (Newton)Irving, Rt Hon S. (Dartford)
    Brown, Ronald (Hackney S)Ewing, Harry (Stirling)Jackson, Colin (Brighouse)
    Buchanan, RichardEwing, Mrs Winifred (Moray)Jackson, Miss Margaret (Lincoln)
    Callaghan, Jim (Middleton & P)Fernyhough, Rt Hon E.Janner, Greville
    Campbell, IanFitch, Alan (Wigan)Jay, Rt Hon Douglas
    Canavan, DennisFitt, Gerard (Belfast W)Jeger, Mrs Lena
    Cant, R. B.Flannery, MartinJenkins, Hugh (Putney)
    Carmichael, NeilFletcher, L. R. (Ilkeston)John, Brynmor
    Carter, RayFletcher, Ted (Darlington)Johnson, Walter (Derby S)
    Carter-Jones, LewisFoot, Rt Hon MichaelJohnston, Russell (Inverness)
    Cartwright, JohnFord, BenJones, Barry (East Flint)
    Castle, Rt Hon BarbaraForrester, JohnJones, Dan (Burnley)
    Clemitson, IvorFowler, Gerald (The wrekln)Kaufman, Gerald
    Cocks, Rt Hon Michael (Bristol S)Fraser, John (Lambeth, N'w'd)Kelley, Richard
    Cohen, StanleyFreeson, Rt Hon ReginaldKerr, Russell
    Coleman, DonaldFreud, ClementKilroy-Silk, Robert
    Colquhoun, Ms MaureenGarrett, John (Norwich S)Kinnock, Neil
    Conlan, BernardGeorge, BruceLambie, David
    Cook, Robin F. (Edin C)Gilmour, Rt Hon Ian (Chesham)Lamborn, Harry
    Corbett, RobinGinsburg, DavidLamond, James
    Cowans, HarryGolding, JohnLatham, Arthur (Paddington)
    Crawford, DouglasGould, BryanLee, John

    Lestor, Miss Joan (Eton & Slough)Owen, Rt Hon Dr DavidStrang, Gavin
    Lever, Rt Hon HaroldPadley, WalterSummerskill, Hon Dr Shirley
    Lewis, Ron (Carlisle)Palmer, ArthurSwain, Thomas
    Litterick, TomPardoe, JohnThomas, Dafydd (Merioneth)
    Lomas, KennethPark, GeorgeThomas, Jeffrey (Abertillery)
    Loyden, EddieParker, JohnThomas, Mike (Newcastle E)
    Lyon, Alexander (York)Parry, RobertThomas, Ron (Bristol NW)
    Lyons, Edward (Bradford W)Pavitt, LaurieThompson, George
    Mabon, Rt Hon Dr J. DicksonPendry, TomThorne, Stan (Preston S)
    McCartney, HughPenhaligon, DavidTierney, Sydney
    MacCormick, IainPrice, C. (Lewisham W)Tilley, John (Lambeth, Central)
    McDonald, Dr OonaghPrice, William (Rugby)Tinn, James
    McElhone, FrankRadice, GilesTomlinson, John
    MacFarquhar, RoderickReid, GeorgeTorney, Tom
    MacKenzie, Rt Hon GregorRichardson, Miss JoWainwright, Edwin (Dearne V)
    Mackintosh, John P.Roberts, Albert (Normanton)Wainwright, Richard (Colne V)
    Maclennan, RobertRoberts, Gwilym (Cannock)Walker, Harold (Doncaster)
    Madden, MaxRobinson, GeoffreyWalker, Terry (Kingswood)
    Magee, BryanRoderick, CaerwynWard, Michael
    Mahon, SimonRodgers, George (Chorley)Watkins, David
    Mallalieu, J. P. W.Rooker, J. W.Watt, Hamish
    Marks, KennethRoper, JohnWeitzman, David
    Marshall, Dr Edmund (Goole)Rose, Paul B.Wellbeloved, James
    Marshall, Jim (Leicester S)Ross, Stephen (Isle of Wight)Welsh, Andrew
    Maynard, Miss JoanRoss, Rt Hon W. (Kilmarnock)White, Frank R. (Bury)
    Meacher, MichaelRyman, JohnWhite, James (Pollock)
    Mellish, Rt Hon RobertSandelson, NevilleWhitehead, Philip
    Mendelson, JohnSedgemore, BrianWhitlock, William
    Mikardo, IanSelby, HarryWigley, Dafydd
    Millan, Rt Hon BruceSever, JohnWilley, Rt Hon Frederick
    Miller, Dr M. S. (E Kilbride)Shaw, Arnold (Ilford South)Williams, Alan Lee (Hornch'ch)
    Mitchell, AustinSheldon, Rt Hon RobertWilliams, Rt Hon Shirley (Hertford)
    Mitchell, R. C. (Soton, Itchen)Shore, Rt Hon PeterWilliams, Sir Thomas (Warrington)
    Moonman, EricSilkin, Rt Hon John (Deptford)Wilson, Rt Hon Sir Harold (Huyton)
    Morris, Alfred (Wythenshawe)Silkin, Rt Hon S. C. (Dulwich)Wilson, William (Coventry SE)
    Morris, Rt Hon Charles R.Silverman, JuliusWise, Mrs Audrey
    Moyle, RolandSkinner, DennisWoodall, Alec
    Murray, Rt Hon Ronald KingSmith, John (N Lanarkshire)Woof, Robert
    Newens, StanleySnape, PeterWrigglesworth, Ian
    Noble, MikeSpearing, NigelYoung, David (Bolton E)
    Oakes, GordonSpriggs, Leslie
    O'Halloran, MichaelStallard, A. W.TELLERS FOR THE NOES:
    Orme, Rt Hon StanleyStoddart, DavidMrs. Ann Taylor and
    Ovenden, JohnStott, RogerMr. Joseph Harper.

    Question accordingly negatived.