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Don't encourage rent increases & poor rental standards - Remove BTL Stampt Duty

Submitted on Wednesday 25th November 2015

Published on Thursday 26th November 2015

Current status: Closed

Closed: Thursday 26th May 2016

Signatures: 124

Petition Action

Don't encourage rent increases & poor rental standards - Remove BTL Stampt Duty

Petition Details

The Chancellor today announced additional stamp duty for buy to let investors. This increased cost is likely to increase rents and encourage lower rental standards as landlords may want to still maintain their income.

Please help stop the government from causing a bigger housing issue

Additional Information

Also it may deter new investors so will drive a lower amount of rental housing availability and again this is likely to drive rents up


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