Rejected petition All lenders to freeze mortgage payments for a minimum of 3 months.

To implement a compulsory ruling for all lenders to freeze mortgage payments for a minimum of 3 months in the outbreak of Corona virus.

More details

Due to the uncertainty of households financial income or stability in the outbreak of corona virus and the self isolating measures in place. To enable individuals to have less financial pressure each month regardless of their employment status. Please enforce a compulsory ruling for financial lenders to freeze all mortgage payments for a minimum of 3 months. Then this can be reviewed Depending on the Corona Virus rules and regulations from the Government.

This petition was rejected

Why was this petition rejected?

It’s about something that the UK Government or Parliament is not directly responsible for.

Suspending payments for mortgages is a matter for individual lenders, and not the UK Government or Parliament.

You can find out about asking for a mortgage holiday from lenders here: https://www.fca.org.uk/consumers/mortgages-coronavirus-consumers

You can find out about what Government support is available for people as a result of coronavirus (under the section on employment and financial support) here: https://www.gov.uk/coronavirus

If you want the Government to encourage lenders, landlords and utilities to freeze payments during lockdown, you may wish to sign this petition: https://petition.parliament.uk/petitions/302256

If you want the Government to implement Universal Basic Income to give home and food security during the coronavirus outbreak, you may also wish to sign this petition: https://petition.parliament.uk/petitions/302284

You can find out more about coronavirus and how you can protect yourself and others here: https://www.nhs.uk/conditions/coronavirus-covid-19/

You can read NHS tips to help if you are worried about coronavirus here: https://www.nhs.uk/oneyou/every-mind-matters/coronavirus-covid-19-anxiety-tips

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

Date submitted 17 March 2020
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