This petition was submitted during the 2017-2019 parliament
Rejected petition CUT THE TAXES ON OUR HOMES, GIVE WORKING PEOPLE THE FREEDOM TO BE MORE MOBILE.
One thing George Osbourne got seriously wrong was to increase massively the taxes on our homes. SDLT or stamp duty is now huge, introducing much higher costs for a property purchase resulting in fewer transactions. Less people are now able to buy, culminating in less being able to sell.
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The housing market one of the main drivers of the British economy is crippled by this high tax. More home buyers will spend money on their new purchase making it their home. They will spend on kitchens, bathrooms, furniture, carpets, curtains, decorators, new windows, local builders, etc. That's without the extra VAT being raised on Conveyancing, Agent, Architects, fees, etc. Also what an incentive to new homes builders. Their homes will be more affordable giving them an incentive to build more.
This petition was rejected
Why was this petition rejected?
There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
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https://petition.parliament.uk/petitions/252879
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