Registered support

Below is the current list of supporters for the campaign to reform stamp duty.

Click here to register your support

Craig Collard - 26 January 2010

Im very pleased to see some professional bodies are getting together to tackle this archaic tax system. The system is just ridiculous because it works on percentage, so the more expensive the house the more money you make, yet as the price goes up you then leap up a on the whole amount How foolish is that Surely if they insist on keeping up with the different brackets then it should be like the PAYE tax system on our pay whereby when you move up a boundary you only pay the higher rate on the amount thats above the boundary mark.More should be done to publicise this group as now is a key time to get a lot of public support and to make it an election issue Actually I may start a Facebook group to get the word spread if I can.

Dyann Rowe - 19 January 2010

I strongly support this campaign and urge the Government to abolish this unfair and unnecessary tax.

Holly Budgen - 18 January 2010

It is almost impossible for many single people to secure their first mortgage on one persons salary - the charging of stamp duty simply adds insult to this injury - we risk a whole generation of people who are forced to rent or even remain in the parental home well into their thirties and maybe even forties before they can afford to buy - I wholeheartedly support a review of stamp duty and am flabbergasted that the threshold has been brought back down to 125k, especially when we are not yet out of the woods of recession.

Gill C Shaw - 14 January 2010

I am defintely in support of the campaign to reform Stamp Duty in this country. It is abissmal that stamp duty be levied at 175K, in this market and recession. First time buyers and single people do not stand a chance, in a market when even obtaining a mortgae is beyond reach. It puts pressure on all links in the property chain either when selling or TRYING to buy

Sharon Kisby - 28 December 2009

Definitely in support of reform re stamp duty.House prices are dear enough for first time buyers trying to get on the property ladder, without this extra cost being thrown in.On a personal level, have fallen into the stamp duty trap myself. Although all paperwork on my side was signed up and ready to exchange in November 2009, delays furthur up the chain have resulted in completion date of 15th January 2010.This means that through no fault of my own or my solicitors, I am going to have to incur an extra expense of stamp duty amounting to 1600, all because the completion date now falls beyond 1st January.How ridiculous is that, ALL FOR THE SAKE OF TWO WEEKS

Martyn Lednor FNAEA - 17 December 2009

First time buyers need all the help they can get. Giving them the incentive and encouragement to own their home rather than rent will also stimulate the house market. I strongly support the campaign for reform and also to extend the current Stamp Duty holiday.

Michelle Pyle - 09 December 2009

I strongly support the campaign

Andrew Barber - 09 December 2009

Issues over Stamp Duty are not great vote winners so this unfair tax gets overlooked by many unless, they are currently experiencing the effects of it and therefore, whichever party is in power reaps the financial windfall. Reform is long overdue so I strongly support any move to get the present or future Government to review it. Change the tax to a fairer system that people will accept as part of the house buying process and not one that buyers try to avoid paying

Philip Suter - 08 December 2009

I believe that if the present threshold is changed at the end of 2009, it will not be helful to first time buyers, vendors and the estate agency business. It will not help with buy to let investors who might well consider investing in other areas in stead of property.

Vanessa Currey - 07 December 2009

I would like to register my support to extend the stamp duty holiday.

Dawn Hatt - 06 December 2009

If the government wants the housing market to recover, it MUST help by extending the deadline for stamp duty relief.

Paul Davies - 05 December 2009

We have seen an increase in both interest and sales since the stamp duty holiday, this should be continued, the Conservatives have announced they will abolish stamp duty up to 25,000 for first time buyers, hear hear

mathew - 04 December 2009

I strongly support this campaign. How on earth this government expects this country to recover while still taxing us to high heaven, so ko one can afford to spend any money, getting up and moving abroad seems to be the answer.......I hardly blame anyone in fact I may do the same. Maybe someone should suggest the banks pay for stamp duty, considering its the banks poor management, no consequences attitude fault we are in this position to start of with

Barbara Timlett - 04 December 2009

I strongly support the campaign.Stamp duty is an extremely unfair and unreasonable tax

James Eniffer Dip REA FNAEA - 04 December 2009

The Government need to realise that if the public have confidence in the value of their homes, then the economy will strengthen.With the current Stamp Duty laws effectively taking a backward step at the end of December this will only have a negative effect on the Market. Struggling First Time Buyers will not only have to save up for the large deposits the banks require but also extra for Stamp Duty.With todays figures showing the Government has invested Nearly 850 Billion Pounds on keeping the banks afloat. Would it not have been sensible to forego income from stamp duty for the year, I believe roughly 10 Billion pounds in a good market, keeping the housing market afloat.It is time to listen completely reasses Stamp Duty Thresholds or even scrap stamp duty until the market recovers.

katherine Parrish - 04 December 2009

We are rushing to complete before Christmas - but would be a great help if we knew one way or another if the extension will go ahead. I think it is very important especially for first time buyers or for families who cant afford a house over 175 to know where they stand. 125 is a ridiculously low threshold, most decent family homes cost more than this.

Rachel Foster - 02 December 2009

Currently there is a shortage of first time buyers. First time buyers are struggling to save deposits due to tighter lending. Lending will continue to be strict thoughout 2010 First time buyers need help, stamp duty is a huge cost to most. The housing market needs to recover, first time buyers are crucial to move upward chains. The 250k threshold was not abolished and caused problems in this last year. There appears to be a slow recovery, it makes sense to at least postpone stamp duty for a minimum of 6 months and review the market at that point.

C I Lawson - 02 December 2009

Why should any one have to pay a tax to the government if they buy a property its a daft system which penalises those less well off.

judy sawyer - 02 December 2009

please sign to support the stampduty to remain has it is.thank you.

Ian J Shaw FNAEA, FRICS - 02 December 2009

Stamp Duty is a historical tax originally applied to high value property but is now applied to even first time buyers. Although the slight increase in threshold was appreciated it is by far not enough and should be completely reviewed and preferably abolished as it frustrates the property market and paricularly hurtful to property around the banding levels.As a minimum the 175000 level should be retained and not reduced. Increase in percentage should be over only the higher level and not applied to the lower level.

Murray Lee - 02 December 2009

I strongly support the campaign.Stamp duty is an extremely unfair and reasonable tax

Robin Briggs MNAEA - 26 November 2009

The current system is anachronistic and unfair. The stamp duty holiday has backfired on people selling flats that would be expected to be worth 185-190K enabling them to upgrade to a small house. They are now unsellable above 175K. Similarly, houses that should achieve 270-275K are dragged down to 250K and sellers cant afford to move up to the 300K mark on their next purchase.

Mike Goddard - 25 November 2009

I agree that SDLT should be reviewed. The fundamental issue is that house price inflation and indiscriminate lending have been key contributors to the severity of the current recession and the Government should try to resolve this in as fair a way as possible. The current SDLT regime is not the answer. A better way may be to implement a tax on sale and not on purchase and this tax to be linked to profit and not value. In this way first time buyers are not effected and house price inflation would be contained.

Alan Appleby - 25 November 2009

I am a practising Chartered Surveyor and Valuer and am amazed that the Government has allowed the current bands to remain in place for so long. It clearly distorts the market particularly around the 250,000 threshold. I have many times over the last year or so had to effectively under-value property for Matrimonial, Inheritance Tax, Sale and other reasons at 250k because no right-minded buyer will pay 255k, 260k or even 265k if it means wasting 5k on tax Sellers in the real market have to take the hit and accept 250k which in turn means that theoretical valuations must follow suit - madnessI am sure that they could raise a similar net income from SDLT if they smoothed out the bands perhaps loading it higher up to free up the lower parts of the market.

Simon Coulthurst - 25 November 2009

Whilst I fully understand that governments need to raise taxes, I am constantly amazed by just how archaic and out-of-touch many taxes are. Stamp Duty is an obvious example. At a time when people are already facing large costs legal, sales and moving it is just another finacial burden that puts a brake on peoples ability to be flexible and move.The artificial tiers cause all sorts of distortions in the housing market and should be removed. If there is to be a tax, in my opinion, it should be on profit from a sale, not on the purchase.Example If someone buys a house for 275,000 and eight years later sells it for 375,000, therefore making a 100,000 profit, then pay tax on this an allowance could be made for justifiable renovationimprovements.

Jenny Lynch - 23 November 2009

Currently buying a house and stunned at how much Stamp Duty we have to pay - does the Government just want everyone to live in one bedroom flats these days

stephanie Rushton - 23 November 2009

When I bought my flat 10 years ago the stamp duty was 1 as it was under 250,000, now I couldnt afford to move on because the same flat would be at 3 stamp duty.. how can this be fair stamp duty should change with appreciation of property prices or the government is making fools out of us all..

Darrin Carter - Carter Estate Agents - 19 November 2009

The current stamp duty levels are way out of date, and have for some time just been another stealth tax from this government. The reintroduction of the 125000 threshold in january will just be yet another blow to an industry that has had to weather too many storms in recent years. The government are completely out of touch with whats happening and need to listen to the views of the 1808 campaign.

Katie, www.SimplyFinance.co.uk - 18 November 2009

In order to support first-time home buyers, the government needs to ensure that the Stamp Duty threshold actually reflects the costs of property in 2009-10. Reverting to the previous value limit of 125,000 when the average house price stands at over 160,000 would not make financial sense. At the very least, the current threshold should remain in place for the foreseeable future. Anything that can be done to encourage new home buyers in such a difficult market should be made a priority.

Steven S - 17 November 2009

Absolutely. This has to be reviewed, the brackets are completely incorrect and must be revised.

James Moran - Portsmouth - 17 November 2009

I agree that it is about time that the current stamp duty is reviewed and changed to a much higher level.

Grahame Hopper - 16 November 2009

Government should give stamp duty a use and a value, like an insurance premium to ensure valuations will not decrease over say 5 or 10 years e.g. similar to bank bailouts premiums to cover potential toxic debts decreased valuations. That would allow purchasers at least some apparent value in the tax.

Alex. J. Milne - 16 November 2009

Stamp Duty Land Tax is a drachonian system and drastically needs an overhaul. The big question is What Value does it Add to House Purchase What Value is the consumer getting from this tax. It is a complete hindrance to the property market and aids to stagnate the process whereby householders are caused to review their plans and stay put rather than pay so much money for so little.

Oktay Cinpolat - 16 November 2009

If we want to see a boom in the market, a possible and logical solution could be that the SDT be applied to the PROFIT on the sale of a property. In the current market condition, we all want to see a rapid rise in mortgage activity including BoE, however I dont see how this would be possible if there is a tax on first time buyers and subsequent buyers. I believe it would seem more reasonable to tax profit makers rather than buyers who are refraining from entering the property ladder. This would seem more reasonable and a possible solution to kick start the boom.

Estate Agent Norwich - 16 November 2009

Why not make stamp duty payable at 1 only on the sale proceeds above 175,000 And follow a similar principle at the higher bands. This would stimulate market, and take away the current confusion and distortions that is caused by the present system

Malcolm Latchman - Positive Mortgages - 16 November 2009

It is an antiquated and wholly unjustifiable Tax. There is no logic to its structure and to reduce the threshold back to 125,000 at this point would be totally counterproductive. Leave the threshold as it is and review the whole system. Either put it on a fairer sliding scale or even look at the implications of putting on sale price rather than purchase.

Peter Allcock - 16 November 2009

I have done a lot of work to my property first house to try buck the trend of the downturn. If the stamp duty is reinstated it could knock up to 5000 off the sale price of my house. I hope the government can take a strong decisive view on this give the housing market a reasonable chance to recover. Surely they cant fail at this basic stage...