Give first-time buyers offer’s priority over non-first-time buyers

Rejected 12 signatures

What the petition asks

The extension of the stamp-duty holiday has yet again incentivised those with strong financials, or existing available equity to re-invest into property, creating a situation where first-time buyers must compete with stronger or “equal” offers.

Give first-time buyers offers legal priority.

The government has promised to help first-time buyers get onto the housing market, yet over the last 12 months the demand for housing has soared, this may be a positive for the “housing market” but for the millions of individuals, couples and families looking to buy their first home, they must watch on as affordable housing is bought up as investments.

If first-time buyers make an equal or close-to-equal offer (<1.5%), they should be given legal priority over non-first-time buyers.

Why it was rejected

It asked for something that is not the responsibility of the UK Government or Parliament.

Deciding whether to accept an offer on a property is a matter for individual sellers, not the Government or House of Commons.

Timeline

25 Feb 2021	Petition opened for signatures
4 Mar 2021	Rejected by the Petitions Committee

Key facts

Signatures 12

Status Rejected

Rejected 4 Mar 2021

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