Debate homes sold to anyone outside of UK to carry a stamp duty levy of 50%.

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Debate homes sold to anyone outside of UK to carry a stamp duty levy of 50%.

Petition Details

London’s housing market has become a “safe haven” for corrupt money from across the world that is contributing to the crisis in home ownership in the capital, a report has suggested.

Additional Information

Transparency International, an anti-corruption group, said that it had found evidence that 1,616 of the homes in 14 developments it examined in central London had been bought by individuals or companies registered abroad, compared with 450 registered to Britons.

It added that 40%of the purchases, totalling £1.6 billion, were bought by investors from countries with a “high risk” of corruption.

We owe it to our children, the next generation, to act now before our country is sold off!!!

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