This petition was submitted during the 2019 to 2024 Parliament
Closed petition Require 20% of sale price for new build homes be held for the snagging period
Closed on
We want the Government to ensure 20% of every new build completion price is held back for the designated snagging period. It should be released to developers only when the buyers are satisfied they have what they agreed to buy. If not satisfied, remediation costs would come from the held funds.
This should encourage developers to ensure homes meet the required standards, specifications sold and expedite work to resolve any issues.
227 signatures
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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 23 July 2023.