UK Parliament home

This petition was submitted during the 2017 to 2019 Parliament

View other petitions from this Parliament

Closed Affordable homes: amend law on new builds, compulsory purchases & shared schemes

Closed on

Current law allows developers to build unaffordable homes (£175-£200k more for an area) on communal lands and on homes taken by compulsory purchases. Displaced residents are given less money than needed to relocate locally. Developers are still able to own sold homes via shared ownership schemes.

Change the rules of compulsory purchases to ensure displaced residents get replacement values (not market value) plus 10%

Require homes built on communal land or compulsory purchased homes to be no more than 110% of the market value for older homes.

Ban shared ownership schemes if the price is more than 110% of the market value of older properties. New build homes are escalating housing inflation with their pricing which is underpinned by shared ownership schemes.

37 signatures

Show on a map

10,000

Petition progress

View all updates for this petition, with the most recent first.

  • Petition closed

  • Petition published

    This petition can now be signed.

    If this petition gets 10,000 signatures, government will respond to it.

    If this petition gets 100,000 signatures, it will be considered for debate in Parliament.

    This petition will stay open until 29 March 2018.