Submitted by Jonathan Ayre on Friday 5th February 2021
Published on Thursday 11th March 2021
Current status: Closed
Closed: Saturday 11th September 2021
Signatures: 17
Abolish the stamp duty surcharge for second homes for a 12 month period
There’s a national shortage of private rental properties and there needs to be an incentive for landlords to buy again.
In 2018 the government responded to a similar petition and this was the response: -
“Higher SDLT on additional dwellings and restricting finance cost relief seeks to support first-time buyers and level the playing field for homeowners. Neither measure is expected to impact rent levels.”
However, during 2020 and 2021 we are seeing one of the worst shortages in rental properties being available yet a huge demand from tenants.
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3.15.198.150 Wed, 18 Dec 2024 10:54:06 +0000