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Stamp Duty Petition Surpasses 10,000 Signatures

A petition for stamp duty to be triggered on the exchange of contracts has now gained over 10,000 signatures.

First launched in April, the campaign has now been signed by 10,379 people. At this point, the  government’s policy is to respond to all petitions that reach this level of support. Reaching 100,000 signatures will see it be debated in Parliament.

As originally reported by Property Wire in April, the original petition was launched by Chris Holland, a senior offshore surveyor at UTEC NCS Survey.

Speaking again to Property Wire yesterday, Holland said that he was excited about the petition’s support.

He added: “Stamp duty is gaining a lot of traction in the media, especially as we approach the end of June.”

Holland said that he hoped the government would take a serious look at the petition and realise the benefits that it would bring to new-build buyers and  those planning on exchanging contracts in the near future.

He concluded: “In order to raise awareness I’ve set up a twitter account @stampdutyhol. I’ve also been out leafleting across areas of the North East, Blaydon, Gateshead, Newcastle etc, mainly hitting houses for sale and estate agents. From those I spoken to, it’s been well received.”

To sign the petition, please go here.