This petition was submitted during the 2019-2024 parliament
Rejected petition Honour mortgage in principles if they run out in quarantine/pandemic
For those who are in the process of purchasing properties and have a mortgage in principle should be protected too and any mortgage in principle should be honoured due to the pandemic if the time is exceeded.
More details
because it always sounds better coming from the government then coming from someone who walked into a building society or bank and the government is able to help more having this in place will help the housing market during the pandemic as well as the uncertainty of having to find other buyers or other housing.
This petition was rejected
Why was this petition rejected?
It’s about something that the UK Government or Parliament is not directly responsible for.
We can't accept your petition because the UK Government and Parliament are not responsible for the issue you raise. Decisions about mortgage agreements are for individual lenders, not the Government or Parliament.
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### What the Petitions Committee is doing
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Find out more and watch the Committee put questions suggested by petitioners to Government Ministers and the Deputy Chief Medical Officer: https://committees.parliament.uk/committee/326/petitions-committee/news/145767/committee-question-deputy-chief-medical-officer-and-ministers-on-coronavirus-response/
Read letters asking further questions of Government Ministers: https://committees.parliament.uk/committee/326/petitions-committee/publications/3/correspondence/
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