Petition · past parliament · HM Treasury

Abolish stamp duty for all first-time buyers, no matter the purchase price

Closed 15 signatures

What the petition asks

The Government should introduce an exemption for first time buyers from stamp duty on their first home, no matter how much is paid for the property.
This should encourage first-time buyers to enter the property market rather than renting, as the cost of buying your first home is extremely high in relation to earnings.

First time buyers currently pay no stamp duty on the first £300,000 of their purchase price, and 5% on the remainder up to £500,000. Standard stamp duty is then paid on any portion above £500,000. This should be abolished so first time buyers pay no stamp duty no matter how much it cost them.

Timeline

22 Apr 2022 Petition opened for signatures
5 Nov 2022 Closed to new signatures

Key facts

Signatures 15
Status Closed
Department HM Treasury
Opened 22 Apr 2022
Closed 5 Nov 2022

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