This petition was submitted during the 2019 to 2024 Parliament
Closed petition Link Help to Buy maximum prices to local average property prices
Closed on
To help ensure new properties are fairly priced versus similar sized/location older properties. The Government could also extend Help to Buy to older properties to improve competition.
Young couples/families are unable to get onto the housing ladder. New builds are often the only affordable option with support from Help to Buy, however house builders often take advantage of this known contribution to raise prices which can result in very high prices for new properties which are not consistent with prices for older properties.
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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 9 April 2021.