This petition was submitted during the 2015-2017 parliament
Petition Abolish Stamp Duty on Main Home
People need to move house for many reasons, job, health, family, personal circumstances change etc. they should be able to move easily, without a financial penalty being paid to the government. But they can't because of stamp duty. It locks people in unsuitable homes and restricts movement.
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Most have to add the stamp duty tax to their mortgage. How can taking out a loan for 25-30 years to pay the government for the privilege of moving home be right. Stamp duty tax is damaging the property market, peoples lives & the economy. Many people that want to, or need to move cannot, simply because of the enormous cost of stamp duty. Stamp Duty tax needs to be abolished.
This petition closed early because of a General Election Find out more on the Petitions Committee website
32 signatures
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10,000 signatures required to get a government response