Should Stamp Duty Land Tax be abolished for Pensioners wishing to downsize to smaller property?

Stamp Duty Land Tax is charged on property purchases in the UK, with rates starting at 0% up to £250,000 for standard buyers and higher thresholds for first-time buyers. Many pensioners remain in family-sized homes because the tax on buying a smaller replacement property reduces their financial incentive to downsize. This contributes to under-occupation of larger homes while younger families struggle to find suitable housing.