Submitted on Thursday 18th February 2016
Rejected on Monday 22nd February 2016
Current status: Rejected
Rejection code: no-action (see below for details)
Regulate Estate agents to stop house price bubble
Like many non home owners in the UK we struggle to find affordable rented accommodation and residential property within the South, South east of the UK. Trying to get onto the property ladder is extremely hard. Property value is increased due to the greed of estate agents who increase prices weekly.
On Average 30% price increase over the last 18 months within the South and South East. (Not including London) Im referring to villages and small towns from Oxfordshire, Berkshire, Hampshire and Wiltshire. If you earn the national average (25k per annum) you will pay on average 43% of your monthly take-home renting (not including bills) which is similar to a 160k mortgage at 5.5%! The property market is inflated by estate agents who are not regulated by the government thus causing housing bubble
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
It's not clear what regulation you would like to be applied to estate agents in order to address increases in property value. You could start a new petition explaining clearly what regulation you would like to be in place.
3.17.184.90 Fri, 03 May 2024 22:06:53 +0100
