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Extension of current Help to Buy Equity Loan by a Year.

Submitted on Monday 6th July 2020

Rejected on Wednesday 22nd July 2020

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Extension of current Help to Buy Equity Loan by a Year.

Petition Details

Help to buy has helped a lot of people climb on the property ladder. Most houses were to be completed in Nov 2020 and now they are to be completed in May 2021 due to lockdown and social distance. People have had their heart set on dream home only to be disappointed by something out of their control.

Additional Information

1. It will help house builders recover from the impact of the COVID-19 lock-down.
2.The price caps for the new Help to buy are based on old figures and house prices have increased within certain areas.
3.Many people and builders are going to struggle post lockdown and extending the Help to buy by another year will certainly boost confident.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

You may wish to sign this petition calling for the same action: petition.parliament.uk/petitions/331592

Have your say on this petition!

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