This petition was submitted during the 2017-2019 parliament
Petition Ban the sale of homes in the UK to non-resident investors
In order to address the housing affordability crisis, non-resident investors should be banned from buying up UK homes. Wealthy foreign investors who presently own UK housing should also be heavily taxed in order to encourage them to sell their properties.
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For many young people living in the UK, the cost of housing is well beyond what they can afford to pay and it is an absolute disgrace that our young people are being outbid by wealthy non-resident investors.
In order to help address the housing affordability crisis, non-resident investors should be banned from buying up UK homes. Non-resident investors who presently own UK housing should also be heavily taxed in order to encourage them to sell their properties.
This petition closed early because of a General Election Find out more on the Petitions Committee website