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Stop investment buyers buying housing affordable to first time buyers

Submitted on Wednesday 26th May 2021

Rejected on Monday 7th June 2021

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Stop investment buyers buying housing affordable to first time buyers

Petition Details

Stop investment buyers or people who are buying a second home from buying housing affordable to first time buyers, predominantly studio, one and two bed housing in England.

Additional Information

Bring in a law / order to prevent people who already own a home from buying a second that falls into a category of property that are deemed “suitable for first time buyers” new homes are realistically unaffordable to single first time buyers and homes that are within a first time buyers price range are more often than not being bought by investment buyers to rent out to the people who want there first home but can’t afford / get one as there are none available.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Petitions need to call for a specific action that the Government or House of Commons is responsible for.

We understand that you are concerned about the number of homes being sold as second homes, but it's not clear what you want the Government to do, and deciding who to sell a home to is a matter for the homeowners, not the Government or House of Commons.

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