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Allow first time home buyers to pay stamp duty in installments.

Submitted on Saturday 16th July 2016

Published on Tuesday 19th July 2016

Current status: Closed

Closed: Thursday 19th January 2017

Signatures: 12

Petition Action

Allow first time home buyers to pay stamp duty in installments.

Petition Details

Stamp duty for first time buyers makes buying a new home prohibitive for many. The government should allow first time buyers to pay it installments, rather than having to pay it up front.

Additional Information

Buying a new home is extremely difficult due to the enormous up front cost of the deposit. Even with the governmental schemes to help prospective new home owners stamp duty still poses a major hurdle to every first time home buyer. Allow them to pay it in installments.


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