This petition was submitted during the 2010 to 2015 Parliament
Closed petition Reform buy-to-let mortgages
Closed on
Petition to ask the government to explore reforms of buy-to-let mortgage market which allows some people to become mortgage holders over large numbers of properties. This: creates large scale wealth inequality; artificially increases house-prices - making home-ownership out of the reach of many aspiring people; has an unsettling effect on communities; restricts genuine housing stocks for settling families; perpetuates an immoral economic model where poorer people pay the mortgage of wealthier people; and leaves vulnerable people at the mercy of hapless amateur landlords who do not keep responsibilities to their tenants.
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If this petition gets 10,000 signatures, government will respond to it.
If this petition gets 100,000 signatures, it will be considered for debate in Parliament.
This petition will stay open until 15 August 2012.