This petition was submitted during the 2010-2015 parliament
Petition Stamp duty thresholds on residential homes
More details
To raise the current stamp duty thresholds in accordance with current house prices for family homes.
The current 3% for homes between £250,000 and £500,000 should be lowered to 1%.
The 3% threshold has not been changed since 2000 when the average price of a family home was £79,242.
The average cost of a family home has risen to £254000 therefore this raise would assist growing families to move to homes more suitable for their family needs and release more homes into the housing market.
This petition is closed This petition ran for 6 months
24 signatures
Show on a map the geographical breakdown of signatures by constituency
10,000 signatures required to get a government response