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Stop foreign ownership of freehold residential property in UK.

Submitted on Wednesday 1st December 2021

Rejected on Tuesday 7th December 2021

Current status: Rejected

Rejection code: irrelevant (see below for details)

Petition Action

Stop foreign ownership of freehold residential property in UK.

Petition Details

1. Stop foreign ownership of freehold residential property in UK. No domicile, no ownership.
2. Stop ownership of more than one residential property in UK, i.e. second homes.

Additional Information

Speculators, both domestic and foreign, are the cause of the housing crisis in the UK. There's no shortage of houses, they are simply stock piled by investors as a long term investments, often kept empty.

If people want to speculate on property there are many options Inc retail, commercial, industrial, hospitality etc.

It's wrong that young people can't buy a house because someone else has two.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

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

The Government is not responsible for how many properties a person owns. It is up to homeowners to decide who to sell their home to.

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