Reform Stamp Duty so homebuyers aren't unfairly caught out by the second home charge


Reform Stamp Duty so homebuyers aren't unfairly caught out by the second home charge
The Issue
The additional rate of Stamp Duty is catching out thousands of buyers who have no intention of becoming investors or second home owners – it can even mean families missing out on their dream home.
We at loveMONEY want to see the Treasury delay the need to pay the additional 3% Stamp Duty if a buyer can prove they are trying to sell their first home – with the tax only needing to be paid if they haven't sold it within a fixed period.

The Issue
The additional rate of Stamp Duty is catching out thousands of buyers who have no intention of becoming investors or second home owners – it can even mean families missing out on their dream home.
We at loveMONEY want to see the Treasury delay the need to pay the additional 3% Stamp Duty if a buyer can prove they are trying to sell their first home – with the tax only needing to be paid if they haven't sold it within a fixed period.

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Petition created on 10 August 2017