This petition was submitted during the 2019-2024 parliament
Rejected petition Create a scheme in which private renters are eligible for a 100% mortgage
Create a scheme in which private renters that have consistently paid their rent on time for a significant amount of time such as 3-5 years are eligible for a 100% mortgage as they have proved they are able to pay more than the amount of a mortgage every month.
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Private renters are stuck as they can’t afford to save and can’t stay at home forever either. People are paying way over what a mortgage would cost on a property because they’re unable to get the deposit they need. Buy to rent schemes are too few and far between for enough private renters to utilise them. Most people are unable to progress with their life as they are stuck in a property which is probably too small for a decent quality of living. We need a way out of renting!
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.
You may wish to sign this petition calling for a similar action: https://petition.parliament.uk/petitions/576792
We only reject petitions that don’t meet the petition standards.