Pressure on government over stamp duty. An influential group of MP’s are putting pressure on the government to raise the threshold for stamp duty even further. The Conservative Growth Group calls it an unfair tax and calls for it to be scrapped for most occupied homes but not second homes and investment purchases. Stamp duty currently starts at £250,000 for all buyers except first time buyers where it starts at £425,000. This means that first time buyers in this area are already unlikely to pay stamp duty.