Petition · past parliament
No higher rate stamp duty, up front, for people who are buying / selling a home.
Closed
134 signatures
What the petition asks
From April 1 2016, if you buy a new home and have not yet managed to sell your current home, for any reason, you will have to pay the higher rate of stamp duty UPFRONT. On a £250,000 purchase, you will have to pay £10,000 stamp duty instead of the normal amount of £2,500. See example, below:
D and E are purchasing a property jointly which is intended to be their main residence. E already owns a property, which was previously used as a main residence, which he will not have sold at the time of purchase - even though it is for sale. Upon purchase, as E will own two properties and has not replaced his main residence, the higher rates will apply.
You get a refund of the higher rate if one of the property is sold within 18 months.
It is unfair to have to pay the higher rate upfront.
You get a refund of the higher rate if one of the property is sold within 18 months.
It is unfair to have to pay the higher rate upfront.
Timeline
| 22 Feb 2016 | Petition opened for signatures |
| 22 Aug 2016 | Closed to new signatures |
Key facts
Signatures
134
Status
Closed
Opened
22 Feb 2016
Closed
22 Aug 2016
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Source: the official petition page. Last checked 15 Jul 2026.