This petition was submitted during the 2019-2024 parliament
Rejected petition Enable private renters to be granted a mortgage from the banks
More often than not as a private renter you are actually paying money per month than the average mortgage monthly amounts thus making the average household struggle to save enough money toward a big deposit or to build enough collateral to enquire about getting a mortgage through the banks,
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I want Banks to enable private renters to have mortgage so that millions of people can finally get on the property ladder to own a home of their own,
If they can afford to pay more than your average monthly amount for rent then surely the banks can grant them a mortgage which on the UK average a mortgage is far cheaper than the average private rental monthly amount through estate agents / Private landlords
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 aren't responsible for the issue you raise. This is a decision for lenders.
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