Speaking at the party conference, Kemi Badenoch told delegates the Conservatives will remove stamp duty land tax (SDLT) from primary residential purchases.

Badenoch said: ‘At the heart of a Conservative Britain is a country where people who wish to own their own home, can. Our housing market is not working as it should. Because there’s a big barrier that keeps getting in the way. That barrier is the tax you have to pay when you buy your home.’

Badenoch added: ‘I have looked at the stamp duty thresholds to see if we can change them. I have looked at the rates you have to pay to see if we can lower them. I have decided we can’t. Because that simply wouldn’t be enough.

‘The next Conservative government will abolish stamp duty on your home. It will be gone.’