This petition was submitted during the 2010-2015 parliament
Petition 20% loan for all first-time buyers
More details
All first-time buyers need help with deposits.
From gov.uk "By extending support to existing homeowners, the scheme will remove a bottleneck in the market where people want to move, but may be struggling to raise a large enough deposit to purchase their next property.”
The “bottleneck” is not caused by the inability of the person wishing to move to their second-rung property, but the first-time buyer not being able to raise the deposit needed.
This petition is closed This petition ran for 6 months
2 signatures
Show on a map the geographical breakdown of signatures by constituency
10,000 signatures required to get a government response