Petition · past parliament
Increase stamp duty on all second home and buy-to-let purchases
Closed
46 signatures
What the petition asks
Currently the average house price to earnings ratio is at a record high. It’s becoming nearly impossible for first time buyers to own a house to live. An increase of stamp duty to 20% for all second property purchases could reduce demand for buy-to-let mortgages and second home purchases.
This reduction in demand may bring house prices back within the reach of first time buyers.
Having your own place and no fear of eviction, is necessary for the wellbeing of all individuals.
In the same way the Bank of England targets an annual inflation rate below 2%, the government should target an average house price to earnings ratio below 5.
Having your own place and no fear of eviction, is necessary for the wellbeing of all individuals.
In the same way the Bank of England targets an annual inflation rate below 2%, the government should target an average house price to earnings ratio below 5.
Timeline
| 21 Jun 2022 | Petition opened for signatures |
| 4 Jan 2023 | Closed to new signatures |
Key facts
Signatures
46
Status
Closed
Opened
21 Jun 2022
Closed
4 Jan 2023
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Source: the official petition page. Last checked 15 Jul 2026.