Stamp Duty break for over 50's. Petition.
Hi, I've read a number of news outlet articles recently regarding a growing will amongst potential home movers for the UK Government to give over 50’s property downsizers a stamp duty tax break. This would then give the property market a boost, help the over 50’s move to a more life stage appropriate property whilst also freeing up larger homes for younger families. This would reinforce the current first time buyer stamp duty break and really help get things heading in the right direction.
Only a few days ago I had an official UK Government petition published which I hope will grow support and lead to further debate and hopefully implementation of such a stamp duty break. The link web address to my petition is below. I wondered if anyone would want to support my petition ? If not, no problem
We published the petition you created – “A once only stamp duty free property downsize for the over 50's”
Click this link to see your petition and start sharing it:
Petition: A once only stamp duty free property downsize for the over 50's
There are not enough family sized homes for our younger generations. The property market requires a much needed boost. Expensive stamp duty rates are preventing older generations from freeing up their family sized homes. Many wish to downsize or move to a more age appropriate property but can't
The Petitions team
UK Government and Pa