A petition started by Mark Homer has attracted over 10,000 signatures, which is the point where the government must respond to the point raised.

The petition is to “Reintroduce full mortgage interest relief and drop the 3% Stamp Duty surcharge”.  Mark Homer says: “We call on the Government to reintroduce full mortgage interest relief and to drop the 3% stamp duty surcharge which is increasing homelessness by driving many landlords out of the sector, meaning tenants have less choice and higher rents.

There will still be a continuing growth in demand for housing and a significant part of this will have to be available through private landlords. It is time to review the tax changes on buy-to-let landlords. It’s clear that the availability of rental property has decreased. We call for policy change to end these disastrous tax policies which cause such profound suffering.”

Sulgrave Estates urges all Landlords to sign the Petition which can be found at www.parliament.uk/get-involved/sign-a-petition.