Keep stamp duty threshold for first time home buyers at £425,000 or more
We feel that the change to the stamp duty threshold is an added burden for first time buyers who have been saving for a long time. We want the government to consider an extension of the £425,000 threshold, and to push the dates for reducing exemption to a few more months.
Signatures
83
signatures
Government response threshold (10,000) · 83/10,000
Debate threshold (100,000) · 83/100,000
- 12 SEPT 2025Petition closedFinal total: 83 signatures
- 12 MAR 2025Petition opened for signatures
Background
We feel it's a significant burden for first time buyers of around £6250, as the stamp duty threshold goes from £425,000 down to £300,000.
We believe this would take a few years to save and may push families away from buying homes in 2025.
We also think it is difficult to buy a home for £300,000 with less burden of stamp duty in south of England.