Submitted by Susanna Robertson-Sheath on Monday 23rd February 2026
Published on Monday 30th March 2026
Current status: Open
Open until: Wednesday 30th September 2026
Current Signatures: 25
(count is updated approximately hourly)
Relevant Departments
Tagged with
$MOVE ~ 2025 ~ Affordable ~ Budget ~ Cost ~ Duty ~ Families ~ Homes ~ keeping ~ Moved ~ paying ~ People in the UK ~ property ~ Return ~ Scope ~ Stamp ~ Stamp duty ~ Stamp duty tax ~ Stamping ~ Tax ~ Thousands ~ Years ~ Young people
Return the threshold at which First Time Buyers pay Stamp Duty to £425k or above
Young people in the UK looking to earn, save and purchase their own homes are facing an added cost their immediate predecessors were not facing less than two years ago. An added cost of thousands. This can limit the scope of homes for purchase that are affordable within a first time buyer's budget.
In 2025, the threshold which exempted first time buyers from paying stamp duty on the value of a property up to that threshold, was decreased from £425,000 to £300,000. This means that FTBs purchasing homes valued more than £300,000 have to pay stamp duty tax on everything above £300,000. We see this as the goalpost being moved at a considerable cost, and question how this is meant to encourage & support first time buyers (many of whom are young couples or families). We believe a smaller decrease in the threshold would have been better (e.g. to £350,000) or keeping it as it was.
If you want to sign this petition (as opposed to merely discuss it), you need to do that on the government's e-Petitions website.
216.73.217.50 Sun, 21 Jun 2026 19:06:10 +0100
