Rejected petition Allow Mortgage interest deductible @ 100% for the financial year 2020-2021.

The government has reduced the amount of Mortgage interest deductible over the last few years from 100% to 0%. This petition is for the government to consider allowing 100% Mortgage interest to be deducted for the financial year 2020-2021.

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It is not satisfactory for the government to allow tenants a three month holiday in not paying their rent and not allow evictions to take place before 3 months of non payment. If a mortgage interest holiday is requested to the mortgage lender, the interest on the mortgage is raked up. This policy was introduced as part of the Covid-19 pandemic, and therefore as a direct result of this pandemic, I don;t think it is unreasonable for the government to allow 100% mortgage interest to be deducted for 2020-2021 tax year.

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.

This petition was briefly opened in error.

There is already a petition about this issue:

https://petition.parliament.uk/petitions/306655

We only reject petitions that don’t meet the petition standards.

Date submitted 9 July 2020
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