This petition was submitted during the 2015-2017 parliament
Rejected petition Make home mortgages based on a person's rental capacity as opposed to 5x Salary.
Mortgages have become unattainable due to Lenders not allowing people to borrow the equivalent of what a person is able to afford. I have a full time job with a reasonable salary and I can't buy, with a mortgage, the equivalent property value of what I can afford to rent.
This petition was rejected
Why was this petition rejected?
There’s already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
https://petition.parliament.uk/petitions/186565
We only reject petitions that don’t meet the petition standards.