Ten changes to control the UK housing market sign now

I call on the Government of the United Kingdom to intervene in the UK housing market in order to control the market for the benefit of all British citizens.

Ten changes the government can make to help, in no particular order:

1. Move Stamp Duty from house purchases to house sales, thus assisting first time buyers.
2. Force Buy-to-Let landlords to register as landlords and file annual accounts with HMRC (and force estate agents to report all house sales to HMRC).
3. Remove tax breaks for landlords where if rental income is lower than mortgage repayments said landlords get tax BACK from public funds.
3. Issue Compulsory Purchase Orders (CPO) to seize empty residential properties.
4. Introduce a system where empty commercial properties can be CPO'd and converted into homes.
5. Introduce an incentive system for small, local builders to build quality housing in small plots which major housebuilders ignore due to small profit margins.
6. In anticipation of rising sea levels (which will make coastal areas - and much of the East Coast of England - uninhabitable), build several large-scale "new towns" in areas which have been assessed to be at low risk of flooding.
7. Give people the right to buy their rental property if they have lived in the property continuosly for seven years or longer, with price to be set by an independent third party.
8. Allow local authorities to build as much social housing as they choose.
9. Tax second homes.
10. Introduce stronger building regulations to force builders to use higher quality, solid materials when building new homes so that they last longer and stronger.

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Tabitha BowmanBy:
School and EducationIn:
Petition target:
HM Government

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