Petition · past parliament

Raise stamp duty land tax (SDLT) thresholds for first-time buyers

Closed 46 signatures

What the petition asks

The Government should consider the significant rise in house prices and cost of living crisis affecting first time buyers by:

Raising the threshold for full relief on SDLT for first-time buyers from £300k to £400k; and
Raising the upper threshold for the reduced 5% SDLT rate from £500k to £600k
Increasing these thresholds would help first-time buyers purchase their first property. These limit do not take into account that house prices and the cost of living are rising unsustainably. It is significantly easier to go past this threshold when looking for a house especially since there is a shortage of houses and all new built houses cost significantly more.

Timeline

25 Mar 2022 Petition opened for signatures
9 Oct 2022 Closed to new signatures

Key facts

Signatures 46
Status Closed
Opened 25 Mar 2022
Closed 9 Oct 2022

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Source: the official petition page. Last checked 15 Jul 2026.