Petition · past parliament
Ban the use of 'claw-back' or 'overage' clauses in property sales
Closed
33 signatures
What the petition asks
An overage clause (also called uplift clause or, more appropriately in our view, claw-back clause) on a property for sale, means in essence that if there is future development, then a buyer must pay a percentage on any increase in value to the previous seller.
Some overage clauses can cover 25-50% of the increased value, and be in place for 25yrs, or longer.
We don’t believe there is an equivalent in other contexts, where it is contractually legal for a previous owner to demand a share of future values in something they no longer own!
As a parallel – if one were to buy a regular van and convert it to a luxury camper – would the original owner ask for a share in the uplift in value of the transformed vehicle?
We don’t believe there is an equivalent in other contexts, where it is contractually legal for a previous owner to demand a share of future values in something they no longer own!
As a parallel – if one were to buy a regular van and convert it to a luxury camper – would the original owner ask for a share in the uplift in value of the transformed vehicle?
Timeline
| 23 Apr 2024 | Petition opened for signatures |
| 29 May 2024 | Closed to new signatures |
Key facts
Signatures
33
Status
Closed
Opened
23 Apr 2024
Closed
29 May 2024
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Source: the official petition page. Last checked 15 Jul 2026.