Petition · past parliament · HM Treasury
12 month Stamp Duty holiday on all main home UK resident transactions
Closed
250 signatures
What the petition asks
For all main home purchases by UK residents of up to £1m Stamp Duty will not apply for twelve months from the start of the current lock down.
£1m+ main home purchases will pay same rates as today as will non-resident transactions.
£1m+ main home purchases will pay same rates as today as will non-resident transactions.
We are facing a collapse of the housing market which will deepen the recession and collapse in house prices could put significant proportion of UK residents in negative equity.
Royal Institute of Chartered Surveyors (RICS) suggest that a stamp duty holiday could be a powerful financial relief vehicle to stimulate the economy.
Reference: https://www.rics.org/uk/news-insight/latest-news/press/press-releases/government-intervention-housing/
Royal Institute of Chartered Surveyors (RICS) suggest that a stamp duty holiday could be a powerful financial relief vehicle to stimulate the economy.
Reference: https://www.rics.org/uk/news-insight/latest-news/press/press-releases/government-intervention-housing/
Timeline
| 12 Jun 2020 | Petition opened for signatures |
| 12 Dec 2020 | Closed to new signatures |
Key facts
Signatures
250
Status
Closed
Department
HM Treasury
Opened
12 Jun 2020
Closed
12 Dec 2020
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Source: the official petition page. Last checked 15 Jul 2026.